Download The Code of Ethics is a comprehensive statement of the values and

Walk The Talk
Workshop
Second young Eurosai
11.11.15
Israeli Presenters:
Mira Aboras-Tali
Ronit Zandberg
Polish Presenters :
Agnieszka Morawska
Hurbert Cichocki
Marcin Blajda
Introduction
Ethics in Public
Auditing
What is Ethics?
Definition
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The study of the moral principles and
values that an individual uses in order
to govern his or her activities and
decisions.
The investigation of what is right or
wrong under particular circumstances.
History of Ethics
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Ethos (gr) – custom
Sokrates (469-399 p.n.e.) – first ethical
reflection. Virtue - ruthless good deeds
Arystoteles (384-322 p.n.e.) – Ethics of
the golden mean, principle of the
appropriate measure
Christian
thought
the
Ten
Commandments and the love to one's
neighbour
I. Kant (1724-1804) – categorical
imperative
The Role of Ethics
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Ethics helps people make better decision.
Ethics is about choosing between right and
wrong as well as choosing between right and
right =>between conflicting values.
Why is Code of Ethics so
important?
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Specifies the general content of ethical
standards, adjusting them to more concrete,
specific situations
Helps solve conflicts, typical for the profession
Justifies the necessary for executing
profession derogations from the general
ethical standards
Specifies personality traits adequate for the
profession (e.g. patience and accuracy for
an auditor)
Why does SAI need a Code of
Ethics?
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The role of the SAI is to scrutinize and assess
the activities of the Executive and other
public bodies.
The audit institution should set an example
and become a role model for other public
entities.
High ethical demands are, therefore, placed
on public auditors and on the audit institution.
Promoting ethical behavior will contribute to
raise public confidence and trust in the public
sector.
Code of Ethics – ISSAI 30
ISSAI 30 - The Code of Ethics is a comprehensive
statement of the values and principles, which
should guide the daily work of auditors.
Code of Ethics – ISSAI 30

Adopted in 1998 by the XVI Congress in
Montevideo

Decision to establish a team for ISSAI 30
Review (at the meeting of the Steering
Committee of the INTOSAI Professional
Standards Committee, Stockholm 2013)

Approval by INTOSAI: December 2016
Ethical Values ISSAI 30

Integrity - to act honestly, reliably, in good faith and
in the public interest
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Independence and Objectivity - to act in an
impartial and unbiased manner

Professional behaviour - to comply with applicable
laws, regulations and conventions, and to avoid any
activities that may discredit the SAI

Competence - to maintain knowledge and skills
appropriate for the role, and to act consistently with
applicable standards

Confidentiality - to appropriately protect information
Preparing the Code of Ethics for Israeli
SAI
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A Steering Committee, headed by the director
general and comprised of employees of all
levels and divisions, conducts the formulation of
the Code of Ethics with the aid of an external
consultant.
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The Committee started the process of drafting
the code in February 2015 and is now in
advanced stages of its formulation.
The Draft of the Israeli SAI
Code of Ethics –
the Core Values
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Integrity and fairness.
Objectivity and independence.
Professionalism and excellence.
Fulfilling a mission; an obligation to the values
of the organization.
An obligation to human dignity and equality.
Collegiality
Setting a personal and organizational
example.
What is an Ethical Dilemma?
The decision entails choosing
between conflicting moral
values.
How Do We Make Ethical
Choices?
 1.
The compliance Test – Do I
infringe any law or regulation?
 2. The mirror Test – Can I look myself
in the mirror after making the
decision?
 3. The Publicity Test – Am I willing to
read about my decision in the
papers?