Question: Ian Austin is a certified internal auditor working for the ABC Life Insurance Company. Ian is energetic, ambitious, helpful, and competent. His energies do not
Ian Austin is a certified internal auditor working for the ABC Life Insurance Company. Ian is energetic, ambitious, helpful, and competent. His energies do not seem completeh'
tapped by undeniably excellent work as a staff auditor. It has come to the attention of his superiors that Ian has engaged in the following practices:
a. Designed an accounting system for a general agent ofABC Life.
b. Entered into a partnership engaged in land development.
c. Assisted members of a fraternal organization, of which Ian is a member, in planning life insurance coverage.
Required:
Is Ian guilty of any violations of the Statement of Responsibilities or the Code of Ethics? Explain.
Step by Step Solution
3.38 Rating (148 Votes )
There are 3 Steps involved in it
Based on the provided scenarios Ian may be in violation of both the Statement of Responsibilities and the Code of Ethics for Certified Internal Audito... View full answer
Get step-by-step solutions from verified subject matter experts
