The IIA's Code of Ethics states that internal auditors should not enter into any activity which would
Question:
The IIA's Code of Ethics states that internal auditors should not enter into any activity which would "be in conflict with the interest of their employers." An internal auditor for State Life Insurance Company belonged to a fraternal organization and was appointed to work on a committee to investigate and recommend a group life insurance policy for the members of the organization.
Required:
Was the auditor's work on this committee in violation of the Code of Ethics? Explain your answer.
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Related Book For
Internal Auditing: Principles And Techniques
ISBN: 9780894131677
1st Edition
Authors: Richard L. Ratliff, W. Wallace, Walter B. Mcfarland, J. Loeboecke
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