Ethics are inherent in the internal audit process, from operations to risk management to governance. The code is established to promote an ethical culture throughout the profession and not only includes relevant principles and rules of conduct for internal auditors but also presents an enviable benchmark for ethics throughout the organization.
All profession demands, as every one knows, not only the highest qualities of learning and training and but also the highest degree of ethics and code of conduct towards clients, employees, associates, public, profession and the society at large. The expectations of the society from a professional, is therefore very high and lapses in this regard cannot, will not and should not be tolerated.
How such a success is achieved is the more pertinent issue. There is no strength in being able to merely produce material success without the foundation of ethical conduct. Just as how a structure will collapse if the foundation is weak, persons failing to profess ethical standards can never be history makers.
The second is a constant striving for perfection and excellence with purity in personal and public life. Honour, Dignity, friendship and compassion are the marks of such worthy men. They know intuitively that nothing worthwhile or enduring is ever achieved without character and that, in the ultimate analysis, all worldly possessions and achievements like authority, wealth and status are mere way-side stop in the exciting journey of exploration of the mortal dimensions of the manonality.
Rarely are the demands for professionalism, knowledge, integrity and leadership more stringent than those placed on today’s internal auditing professionals. Effective auditors serve as the organization’s corporate conscience and they champion operational efficiency, internal control and risk management. They educate and make recommendations to support the organization in meeting its goals and objectives.