Certified Government Auditing Professional (CGAP) Practice Exam

What is the likely disciplinary action for a CGAP who has committed a serious violation of The IIA's Code of Ethics?

1. Be required to take up to 40 hours of appropriate continuing professional education courses

2. Be required to retake the CGAP examination

3. Forfeit his or her membership in The IIA and his/her standing as a CGAP

4. Be assessed a fine not to exceed US $1,000

The correct answer is: Forfeit his or her membership in The IIA and his/her standing as a CGAP

The likely disciplinary action for a Certified Government Auditing Professional (CGAP) who has committed a serious violation of The Institute of Internal Auditors (IIA) Code of Ethics includes the forfeiture of membership in The IIA and the standing as a CGAP. This action is significant because the integrity of professionals in auditing roles is paramount to maintaining public trust and upholding ethical standards within the profession. When a CGAP violates the Code of Ethics, it reflects not just on that individual but also on the institution they represent and the profession as a whole. The IIA emphasizes the importance of adherence to ethical standards, so a severe violation warrants serious consequences, such as revoking membership and certification status. This ensures that only those who demonstrate a commitment to the highest ethical standards remain in professional practice, thereby protecting the profession's reputation and ensuring that auditing practices are conducted with integrity and accountability. In contrast, options like requiring additional education, retaking the examination, or imposing a fine may be considered for less severe violations but do not carry the same weight of consequence as losing membership and certification. These alternatives do not adequately address the ethical breach and may not serve as a strong enough deterrent for misconduct. Hence, forfeiting membership and standing as a