Ethics in Audit

Internal auditors must act ethically while reviewing and making recommendations to improve the structures and processes that promote appropriate ethics within their organizations. To do this, they must understand the principles and practices that drive ethical decision-making, the roles that various parties play setting expectations, monitoring results, rewarding compliance, and correcting deviations. All organizations are under pressure to meet business objectives while managing the variety of ethical views of their diverse stakeholders.

This course provides a solid foundation on the values, organizational structures, roles, responsibilities, and best practices driving ethical conduct in a complex and rapidly changing world, how organizations create capacity to address new scenarios, and how internal auditors can meet their mandate to evaluate the design, implementation, and effectiveness of ethics-related objectives, programs, and processes.

Why you should take this course.

For users who are new to internal auditing, or would like to learn more about it.

Here are the learning objectives we'll cover.

• Describe the ethical requirements internal auditors have regarding their conduct and that of their clients.
• Describe the role of values, attitudes, and guiding principles in the decision-making process that drive ethical behavior and how these dynamics relate to corporate governance and organizational risk.
• Describe the roles and responsibilities of key constituencies within organizations and how their words and actions promote or dissuade ethical conduct in organizations.
• Correlate unethical rationalization and conduct to fraudulent behavior, and describe the role of ethics training, policymaking, whistleblowing hotlines, and monitoring to help protect organizations.
• Prepare audit programs and identify key audit procedures to assess the ethical environment in organizations.

Here are the topics we'll cover.

1. Ethics in Audit
   • Auditor Responsibilities
   • Ethical Decision-Making
   • Guiding Principles
   • Ethical Pillars
   • Fraud, Training, and Whistleblowing Programs
   • Audit Program Preparation
   • Performing the Audit