The principles underpinning an ethics audit are fundamentally based on core ethical values and are divided into three key sections, but are underpinned by five fundamental principles: Integrity, Objectivity, Professional competence and due care, Confidentiality, and Professional behaviour.
Here's a breakdown of those principles:
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Integrity: This principle requires auditors to be straightforward and honest in all professional and business relationships. It implies fair dealing and truthfulness. An ethics audit must be conducted with sincerity, and the findings must accurately reflect the situation.
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Objectivity: Auditors must not allow bias, conflict of interest, or undue influence of others to override their professional or business judgments. They should remain impartial and avoid situations that could compromise their objectivity.
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Professional Competence and Due Care: An auditor must maintain professional knowledge and skill at the level required to ensure that a client or employer receives competent professional service based on current developments in practice, legislation, and techniques. Diligence involves acting carefully, thoroughly, and on a timely basis.
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Confidentiality: Auditors must respect the confidentiality of information acquired as a result of professional and business relationships and, therefore, not disclose any such information to third parties without proper and specific authority, unless there is a legal or professional right or duty to disclose.
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Professional Behaviour: Auditors must comply with relevant laws and regulations and avoid any conduct that discredits the profession. This includes acting with courtesy and consideration towards all those encountered during the ethics audit process. They should maintain a professional demeanor at all times.
The three sections referenced above typically include:
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Planning and Scope: Defining the purpose, scope, and objectives of the audit clearly.
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Execution and Evidence: Gathering sufficient and appropriate evidence to support the audit findings.
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Reporting and Recommendations: Communicating the audit results and recommendations clearly and concisely.
By adhering to these principles, ethics audits can provide valuable insights into an organization's ethical culture and practices, helping to identify areas for improvement and promote ethical behavior.
