Which of the following would be a violation of The IIA’s Code of Ethics?
a. An internal auditor was subpoenaed in a court case in which a joint venture partner claimed to have been defrauded by the auditor’s company. The auditor divulged confidential audit information to the court during testimony.
b. During an audit, an internal auditor learned that the company was about to introduce a new product that would revolutionize the industry. Because of the probable success of the new product, the product manager suggested that the internal auditor buy additional stock in the company, which the auditor did.
c. An internal auditor’s husband inherited 25,000 shares of company stock when his grandfather died. They have held the stock for more than two years.
d. An internal auditor works weekends doing tax returns for a friend who owns a small CPA firm.