Professional Standards – MAICP Membership

Code of Professional Conduct

The Association of Internal Control Practitioners (The AICP) has set professional standards for membership. Members awarded the designation of MAICP must adhere to these standards and obligations set out in this Code of Professional Conduct defined below and maintain these standards in a moral and ethical way throughout their term of membership.

Members of the Association of Internal Control Practitioners shall:

  • Demonstrate professional standards and a commitment to professionalism;
  • Act with integrity, competence, diligence, respect and in an ethical manner in carrying out their duties;
  • Establish, maintain and develop business relationships based on confidence, trust and respect;
  • Exhibit personal leadership as a role model for maintaining the highest standards of ethical conduct;
  • Be mindful of the distinction between acting in a personal and professional capacity;
  • Exhibit and defend professional and personal integrity and honesty at all times;
  • Demonstrate sensitivity for the customs, practices, culture and personal beliefs of others;
  • Advance employment and business practices that promote equality of opportunity, diversity and inclusion and support human rights and dignity;
  • Safeguard all confidential, commercially sensitive and personal data acquired as a result of business relationships and not use it for personal advantage or the benefit or detriment of third parties;
  • Demonstrate and promote fair and reasonable standards in the treatment of people who are operating within their sphere of influence;
  • Challenge others if they suspect unlawful or unethical conduct or behaviour;
  • Ensure that their professional judgement is not compromised nor could be perceived as being compromised because of bias, or the undue influence of others;
  • Promote appropriate people management and development practices to influence and enable the achievement of business objectives;
  • Ensure those working for them have the appropriate level of competence, supervision and support;
  • Comply with prevailing laws and not encourage, assist or collude with others who may be engaged in unlawful conduct;
  • Accept responsibility for their professional actions and decisions;
  • Use reasonable care and exercise professional judgment when dealing with the public, clients, service suppliers, employers, employees and colleagues;
  • Practice and encourage others to practice in a professional and ethical manner that will reflect credit on themselves, their profession and their organisation;
  •  Strive to maintain and improve their competence in carrying out any form of consultancies.

A Member found to be in breach of this Code of Professional Conduct may be suspended or removed at any time by a majority vote of the Board of Management present at any meeting.