The Institute of Internal Auditors Has Established Ethical Principles for Its

question 53

Essay

The Institute of Internal Auditors has established Ethical Principles for its members. List each of the principles.

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Definitions:

Corrective Actions

Steps taken to eliminate causes of existing nonconformities or undesirable situations to prevent recurrence.

Technological Capabilities

The skills, knowledge, tools, and processes that an organization possesses, which enable it to leverage technology effectively for competitive advantage.

Needs Assessment

A needs assessment is a systematic process for determining and addressing gaps between current conditions and desired conditions or wants, often used for improving a system or service.