An internal auditor finds during an engagement that payment for the organization's general insurance policy is two months overdue. The issue is informally mentioned to the finance department which immediately submits the invoice for payment. The auditor decides to exclude this finding from the final audit report as the oversight was immediately corrected and there were no consequences because of this late payment. Which of the following rules of conduct as described in the IIA Code of Ethics, did the auditor fail to uphold?
A) Confidentiality.
B) Objectivity.
C) Integrity.
D) Competency.

Question

Quizplus · Accepted Answer

The auditor failed to uphold objectivity by excluding a relevant finding from the audit report, potentially compromising the completeness and accuracy of the report.

An Internal Auditor Finds During an Engagement That Payment for the Organization's