ABSTRACT
CODE OF ETHICS Introduction Recognizing that ethics are an important consideration in the practice of internal auditing and that the moral principles followed by members of The Institute o f Internal Auditors, Inc., should be formalized, the Board of Directors at its regular meeting in New Orleans on December 13,1968, received and adopted the following resolution: W HEREAS the members of The Institute of Internal Auditors, Inc., repre sent the profession of internal auditing; and W HEREAS managements rely on the profession of internal auditing to assist in the fulfillment of their management stewardship; and W HEREAS said members must maintain high standards of conduct, honor and character in order to carry on proper and meaningful internal auditing practice; THEREFORE BE IT RESOLVED that a Code of ethics be now set forth, outlining the standards of professional behavior for the guidance of each member of The Institute o f Internal Auditors, Inc. In accordance with this resolution, the Board of Directors further ap proved of the principles set forth.
