 |
||
|
||
 |
||
 |
||
 |
||
 |
||||||||||||||||||||||||||||||||||
 |
||||||||||||||||||||||||||||||||||
| The code of ethics of the Institute of Forensic Auditors is anchored in article 2 of the articles of association of the Institute. The code comprises of 6 articles: Article 1 • Scope Article 2 • Dignity Article 3 • Capability Article 4 • Confidentiality Article 5 • Sound basis Article 6 • Objectivity Scope The members of the Institute of Forensic Auditors adhere to the articles of association and to the code of ethics. The enforceability of this compliance is laid down in the articles of association of the Institute of Forensic Auditors. Explanation The code of ethics is applicable to all members. In the case of non-compliance by the Registered Forensic Auditor, statutorily determined disciplinary action is applicable. The possible sanctioning of other members is undertaken in the manner laid down in the articles of association and in the law. (Back to top) Dignity The members ensure that they do not damage the dignity of forensic auditors. Explanation In the execution of forensic audits the members will:
(Back to top) Capability The members will only accept forensic auditing assignments if they are capable of successfully resolving those assignments. Explanation The forensic auditor can work together with other experts. The forensic auditor is responsible for the assignment that is either entirely or partially contracted to him or her. Forensic auditors continuously strive to improve their professional knowledge and the application thereof. The Registered Forensic Accountant must be, in accordance with the articles of association, in training on a permanent basis. (Back to top) Confidentiality The members deal with all information that they encounter during the execution of their task, or with respect to one of the tasks entrusted to them, in a strictly confidential manner. This is above all applicable with respect to the specific rules pertaining to discretion and confidentiality for members who are subjected to a specific professional code. Explanation This pertains to information about which it must be reasonably assumed that it is confidential or where the confidentiality is emphatically apparent. Subject to contrary legal obligations, this information may only be made public to persons other than the client with the client's express prior permission. (Back to top) Sound basis A forensic investigation is rounded off with a report of the findings, if and insofar as the activities undertaken offer a sound basis for doing so. Explanation If the activities were limited by the client and/or if the findings otherwise offer an insufficient basis, then this is specifically stated in the report. In these cases, it is generally impossible to draw any conclusions. (Back to top) Objectivity In his or her report to the client, the forensic auditor employs objectivity. Explanation In writing - The report may be provided orally but it is recommended that it still be documented should disputes arise. Complete • The members include all relevant information in their reports, especially when an illicit or fraudulent situation could continue to exist or could be concealed through omissions. Conflict of interest • The members may not accept assignments nor continue on an assignment when they find themselves in a position that could threaten their independence in the execution of the assignment or when, through the execution or continuation of the assignment, they could give the impression of not being impartial. Gifts • The members do not accept any gifts or other benefits that could threaten the objectivity of their assessment. For the members who are permanently employed, this does not apply to the benefits that are reserved for all the employees and that result out of a contract. In the assessment of the objectivity, the perceptions of the parties concerned must also be taken into account. (Back to top) |
