Podcast
Questions and Answers
What principle of ethics did the CAE uphold by notifying the audit committee?
What principle of ethics did the CAE uphold by notifying the audit committee?
- Professionalism
- Confidentiality
- Integrity (correct)
- Objectivity
What is the role of the audit committee in the organization?
What is the role of the audit committee in the organization?
- To provide governance and prevent fraud (correct)
- To review financial statements
- To investigate internal control issues
- To perform internal audits
What is the principle of objectivity in internal auditing?
What is the principle of objectivity in internal auditing?
- A commitment to providing stakeholders with unbiased information (correct)
- A commitment to honesty, diligence, and responsibility
- A commitment to disclosing all material facts
- A commitment to independence from conflicts of interest
What is the purpose of Rule of Conduct 2.3 for objectivity?
What is the purpose of Rule of Conduct 2.3 for objectivity?
Why did the CAE not violate the principle of confidentiality?
Why did the CAE not violate the principle of confidentiality?
What is the result of upholding the principle of integrity?
What is the result of upholding the principle of integrity?
What is NOT guaranteed in an auditor's promise?
What is NOT guaranteed in an auditor's promise?
Which principle of the IIA's Code of Ethics is related to an auditor's commitment to a balanced assessment of all circumstances?
Which principle of the IIA's Code of Ethics is related to an auditor's commitment to a balanced assessment of all circumstances?
What is a key aspect of the Integrity principle according to Rule of Conduct 1.2?
What is a key aspect of the Integrity principle according to Rule of Conduct 1.2?
What is a consequence of an internal auditor's integrity?
What is a consequence of an internal auditor's integrity?
What is a key aspect of Rule of Conduct 1.3?
What is a key aspect of Rule of Conduct 1.3?
What is NOT a core principle of the IIA's Code of Ethics?
What is NOT a core principle of the IIA's Code of Ethics?
What is an aspect of objectivity in internal auditing?
What is an aspect of objectivity in internal auditing?
What is explicitly prohibited by the Code of Ethics?
What is explicitly prohibited by the Code of Ethics?
What is an aspect of confidentiality in internal auditing?
What is an aspect of confidentiality in internal auditing?
What is a component of integrity in internal auditing?
What is a component of integrity in internal auditing?
What is an aspect of professionalism in internal auditing?
What is an aspect of professionalism in internal auditing?
What guides the internal auditor’s conduct?
What guides the internal auditor’s conduct?
