As you are aware, licensed CIA's are required to take at least two hours of training in the field of ethics. I have just completed mine and I would like to share with you some takeaways:
1. Becoming the everyday ethicist:
This session was presented by Amanda Erven. The one technique I liked about how to achieve this objective is by developing your own personal value statement and code of self-conduct! It is a great idea. I encourage internal auditors to adopt this important step towards becoming an everyday ethicist.
- People do not disclose conflicts of interest
- People only partially disclose conflicts of interest
- People give misleading disclosures that result in information being hidden
These are referred to in this White Paper as the sides of the ‘Conflict of Interest Bermuda Triangle’. Examining the reasons people do not make full disclosures of conflicts of interest will help us improve disclosure systems and internal controls over conflicts of interest."
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