Ethics Audit

Ethics Audit

An investigation into how well (or poorly) a company conforms to the ethical standards of its industry or society generally. An ethics audit may consider the company's own practices, how it redresses grievances, how it discloses its finances, whether it punishes whistleblowers, and even the general cultural surrounding its business dealings. Some companies may formally adopt a code of ethics and conduct periodic ethics audits to see how closely they follow their own rules.
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Which of the following statements regarding an ethics audit is true?
The auditor should, in priority to ethics audit should be conducted.
The Social Work Ethics Audit (SWEA) (Reamer, 2001b) provides social workers and their agencies with an easy-to-use tool to examine their ethics-related practices, policies, and procedures; ensure quality; and promote ethics-related risk management.
The Illinois Community College Trustees Association, Springfield, developed an ethics audit format for a session al a nationwide conference for schools and colleges last year.
During the summer, students at Long Island University's Rockland campus designed an ethics audit, so that companies can see how welt they're doing, applying ethical principles to accounting, reporting, and other areas.
When was the last time your organization had an ethics audit or reviewed its ethics code and underlying values statement?
This article integrates current knowledge on social work ethics and introduces the concept of a social work ethics audit to aid social workers in their efforts to identify pertinent ethical issues; review and assess the adequacy of their current ethics-related practices; modify their practices as needed; and monitor the implementation of these changes.
Hiring a large, eminently suable accounting firm to perform an ethics audit on one's company does create the potential for numerous situations where the pot quite literally would be calling the kettle black.
Another mechanism for implementing business ethics is an ethics audit.
IS urges all nonprofit and philanthropic organizations to adopt a code of ethical practices, conduct an annual ethics audit, abide by a set of standards, and involve their constituencies in these processes.
In that capacity, she co-authored a comprehensive ethics audit and reform agenda, resulting in significant ethics reform of the Executive Branch of state government.
At the highest level, a Level 6 ethics program includes all Level 5 components plus a board-level ethics committee that provides general oversight of the association's overall ethics program; a specific code of ethics for the governing body that addresses conflicts of interest, appearances of impropriety, abuse of office, and interference with daily management of the organization; a written statement of the association's core values that are to be reflected in all decisions of the board and management of the association; and an annual organizational ethics audit of the association's practices and procedures.
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