Militate Against Corruption Synopsis Every organization needs a Statement of Values in its fight against corruption. Such a statement is an essential start to a fight against dishonest practices. It should set a standard of honesty for all to understand and manage. Internal auditing needs to be at the cutting edge of promoting this statement in all its resources and practices.

Adapted with permission from an article by Kastuv Ray, Global Governance Pantheon www.globalgovernance.co.uk published by The Association of Chartered and Certified Accountants, London as ACCA Internal Audit Bulletin Issue 22 – November 2005 After Reading the Case Study Consider:

1. How does your organization’s Statement of Values compare with the statement in the article?

2. How militant is your internal auditing in the fight against corruption?

3. In how many of the recommended militant actions agains corruption is your internal auditing at the cutting edge with its resources and practices?