Justice- The benefits of the decisions should be distributed fairly to those who

share the risk.

Minimize Risk- Even if judged acceptable by the principles, the decision should be
implemented so as to minimize all of the risks and avoid any unneccesary risks.

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The Code of Ethics states the principles and expectations governing

the behavior of individuals and organizations in the conduct of internal
auditing. It describes the minimum requirements for conduct, and
behavioral expectations rather than specific activities.

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An ethical issue is an identifiable problem, situation, or opportunity that

requires a person to choose from among several actions that may be evaluated as right
or wrong, ethical or unethical.