The Internal Audit Department adopts the following Professional Code of Ethics, which comprises of the Institute of Internal Auditors’ Code of Ethics.  The Internal Auditor (IA) is expected to apply and uphold the following principles:

Integrity - IA establishes trust and thus provides the basis for reliance on their judgment.  IA shall:

• Perform work with honesty, diligence, and responsibility;
• Observe the law and make disclosures expected by the law and the profession;
• Not knowingly be a party to any illegal activity or engage in acts that are discreditable to the profession of internal auditing or to the University; and
• Respect and contribute to the legitimate and ethical objectives of the University.

Objectivity - IA exhibits the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined; while not unjustifiably influenced by their own interests or by others in forming judgments.  IA shall:

• Not participate in any activity or relationship that may impair or be presumed to impair their unbiased assessment;
• Not participate in activities or relationships that may be in conflict with the interests;
• Not accept anything that may impair or be presumed to impair their professional judgment; and
• Disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review.

Confidentiality - IA respects the value and ownership of information receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so.  IA shall:

• Be prudent in the use and protection of information acquired in the course of the audit;
• Not use information for any personal gain or in any manner that would be contrary to the law or detrimental to the legitimate and ethical objectives of the University; and
• Not disclose information determined to be confidential and restrictive.

Competency - IA applies the knowledge, skills, and experience needed in the performance of internal auditing services.  IA shall:

• Engage only in those services for which they have the necessary knowledge, skills, and experience;
• Perform internal auditing services in accordance with the International Standards for the Professional Practice of Internal Auditing; and
• Continually improve their proficiency and the effectiveness and quality of their services.