Code of Ethics for Auditors in the Public Sector

As public servants, auditors of the Audit Office of Guyana have a duty to carry out their tasks in a professional manner, taking into account the implications of their work on the entire department. This code of ethics outlines the ethical guidelines that auditors must adhere to in order to maintain the highest standards of professionalism and integrity.

Confidentiality

• Auditors must not disclose any information obtained during an audit to third parties, except where authorized by law or required for legal purposes.
• Auditors must also refrain from using or appearing to have used confidential information for personal gain or benefit.

Professionalism

• Auditors must adhere to professional standards and guidelines set forth by regulatory bodies, including auditing standards.
• These standards provide a benchmark for evaluating the quality of audit work and ensure that relevant standards are applied consistently.

Confidentiality and Reporting Standards

• Auditors must maintain confidentiality throughout the audit process and refrain from disclosing any information obtained during an audit, except where authorized or required by law.
• Auditors must also report any instances of material importance and technical interpretation in accordance with auditing standards.

Accountability

• Auditors are accountable for their work and must be transparent in their reporting.
• Any discrepancies or irregularities must be reported promptly to the relevant authorities.

Professional Development

• Auditors must remain up-to-date with developments in the profession by:
  • Attending training sessions
  • Reading professional publications
  • Participating in continuing education programs
• This ensures that auditors have the necessary skills and knowledge to perform their duties effectively.

Code of Conduct

• Auditors are expected to adhere to a code of conduct that includes:
  • Respect for colleagues, clients, and stakeholders
  • Honesty and integrity
  • Fair and impartial treatment of all parties involved in an audit

In conclusion, this code of ethics outlines the essential principles and standards that auditors must adhere to in order to maintain the highest levels of professionalism and integrity. By following these guidelines, auditors can ensure that their work is conducted with transparency, accountability, and respect for all stakeholders.