No conflict of interest
There is a conflict of interest if:
- the outsourcer provided advisory services for a client in the field the outsourcer was expected to audit;
- the outsourcer is in ownership relation with the client,
- or has a family relationship with the management or the management of the audited area;
- the outsourcer is a member of the supervisory body of a client;
- and in other cases defined in applicable regulations.
Outsourcers must provide a statement to the client that the implementation of internal auditing for the client will not put them in a situation of a conflict of interest.
When implementing internal auditing of budget users, outsourcers must observe guidelines for financial management and internal control, and for internal government auditing.
Statement of an outsourcer that there is no conflict of interest