Code of Conduct

Introduction 

The IIA-Australia Code of Conduct states the principles and expectations governing the behaviour of IIA-Australia members in their professional conduct. It describes the minimum requirements for conduct and behavioural expectations rather than specific activities. The purpose of Code of Conduct is to promote an ethical culture in the profession. 

Code of Conduct — Principles

IIA-Australia members are expected to apply and uphold the following principles:

Integrity

The integrity of IIA-Australia members establishes trust and thus provides the basis for reliance on their judgment.

Objectivity

IIA-Australia members exhibit the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined. They make a balanced assessment of all the relevant circumstances and are not unduly influenced by their own interests or by others in forming judgments.

Confidentiality

IIA-Australia members respect the value and ownership of information they receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so.

Competency

IIA-Australia members apply the knowledge, skills, and experience needed in the performance of their services.

Rules of Conduct

Integrity - IIA-Australia members will:

  1. perform their work with honesty, diligence, and responsibility.
  2. observe the law and make disclosures expected by the law and the profession.
  3. not knowingly be a party to any illegal activity, or engage in acts that are discreditable to the profession or to the organisation.
  4. respect and contribute to the legitimate and ethical objectives of the organisation.

Objectivity - IIA-Australia members will:

  1. not participate in any activity or relationship that may impair or be presumed to impair their unbiased assessment. This participation includes those activities or relationships that may be in conflict with the interests of the organisation.
  2. not accept anything that may impair or be presumed to impair their professional judgment.
  3. disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review.

Confidentiality - IIA-Australia members will:

  1. be prudent in the use and protection of information acquired in the course of their duties.
  2. not use the information for any personal gain or in any manner that would be contrary to the law or detrimental to the legitimate and ethical objectives of the organisation.

Competency 

  1. IIA-Australia members will engage only in those services for which they have the necessary knowledge, skills, and experience.
  2. IIA-Australia members will continually improve their proficiency and the effectiveness and quality of their services.
  3. IIA-Australia members, who are internal auditors will perform internal audit services in accordance with the International Professional Practice Framework (IPPF), including the Global Internal Audit Standards.

Applicability and Enforcement of the Code of Conduct

This Code of Conduct applies to IIA-Australia Associate, Professional and Professional Fellow Members.

For IIA-Australia members breaches of the Code of Conduct will be evaluated and administered according to the IIA-Australia Constitution, Bylaws, and Disciplinary Process. The fact that particular conduct is not mentioned in the Rules of Conduct does not prevent it from being unacceptable or discreditable, and therefore, the member can be liable for disciplinary action.