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Question 684 - IIA-CIA-Part1 discussion

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An internal auditor found that his organization did not make a disclosure that is required by law. However, the auditor decided not to raise an audit finding. Which of the following Code of Ethics principles was violated?

A.

Objectivity.

Answers
A.

Objectivity.

B.

Integrity.

Answers
B.

Integrity.

C.

Proficiency.

Answers
C.

Proficiency.

D.

Confidentiality.

Answers
D.

Confidentiality.

Suggested answer: B

Explanation:

By not raising an audit finding about the organization failing to make a legally required disclosure, the internal auditor violated the principle of Integrity. This principle requires auditors to perform their work honestly, diligently, and responsibly. Ignoring a legal requirement compromises the auditor's integrity, as it involves a deliberate omission of relevant facts.

Option A: Objectivity involves maintaining impartiality, which is related but not directly relevant to this situation.

Option C: Proficiency pertains to having the necessary knowledge and skills.

Option D: Confidentiality involves respecting the value and ownership of information received.

IIA Code of Ethics: Integrity.

IIA Standards of Professional Practice.

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asked 03/11/2024
Mario Peralta
36 questions
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