Question: An internal auditor is performing services in a division in which the chief financial officer is a close personal friend, and the internal auditor learns
An internal auditor is performing services in a division in which the chief financial officer is a close personal friend, and the internal auditor learns that the friend is to be replaced after a series of critical labor negotiations. The internal auditor relays this information to the friend. Has a violation of The IIAs Standards of Ethics and Professionalism occurred?A.No. The use of the confidential information resulted in no personal gain to the internal auditor.B.No. The internal auditor was just being honest with his or her friend.C.Yes. The internal auditor was not prudent in the use of information acquired in the course of his or her duties.D.Yes. The internal auditor had a conflict of interest with the organization.
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