Modelling Ethical Conduct in Organisations
Internal auditors, are charged with not only providing value for money outcomes for clients, but also modelling ethical conduct for organisations. So what does that really mean and how can we do it?
A logical place to start is by looking at one’s own behaviours and conduct. As a member of the IIA, you agree to abide by and apply the IIAs Code of Ethics to provide clients an objective assurance about governance, risk and controls.
The Code of Ethics provides for principles relating to objectivity, independence, confidentiality and competence. These principles are not that different to the code of conduct requirements that we also agree to abide by as employees.
While we would all like to say that we model ethical behaviours and conduct in our professional and personal lives, it can be said it’s much harder to apply ethics to situations we face at work. The difference at work is that we need to consider what is in the best interest of the organisation.
At a SOPAC conference a few years ago, an ethics specialist tested responses to scenarios that required participants to apply ethical decision-making skills and to the audience’s surprise, the majority of participants failed to answer the questions correctly. Who would have thought?
Have you completed your ethics training this year?
Those with IIA certifications need to achieve a minimum of 2 hours of ethics training each year to remind us of our obligation to apply the IIAs Code of Ethics. Have you completed yours yet?
If you’re still needing to earn 1 hour of CPD before reporting by the end of the year you can listen to Simon Bowman, a seasoned board advisor and strategist at his recent webinar. You can also listen to the Code of Ethics webinar from February this year to fulfil your second hour of ethics training.
The IIA’s Audit Channel also has plenty of videos on ethics available for some extra training.
Don’t forget to complete your ethics training for 2018. There are plenty of options available!