At LGS Assurance Private Limited , we believe that the integrity and professionalism of our auditors is paramount. This Code of Conduct outlines the principles and behaviours expected of all auditors working for or representing LGS Assurance Private Limited.

Core Values

  • Integrity: Auditors must uphold the highest ethical standards and avoid any actions that could compromise their impartiality.
  • Independence: Audits must be conducted objectively and free from any influence that could bias the results.
  • Competence: Auditors must possess the necessary knowledge, skills, and experience to perform audits effectively.
  • Confidentiality: All client information obtained during audits must be kept confidential, except as required by law.

Specific Code of Conduct

  • Conflicts of Interest: Auditors must avoid any situations that could create a conflict of interest, such as personal relationships or financial ties with the client being audited. Any potential conflicts must be disclosed to LGS Assurance Private Limited management immediately.
  • Gifts and Hospitality: Auditors are prohibited from accepting gifts or hospitality from clients or any third parties that may be perceived as influencing their judgment.
  • Professional Conduct: Auditors must uphold a professional demeanour at all times. This includes maintaining a respectful and objective approach during audits, and avoiding any actions that could discredit LGS Assurance Private Limited.
  • Confidentiality: Auditors must maintain strict confidentiality of all client information obtained during the audit process. This information can only be disclosed with the client's consent or when required by law.
  • Accuracy and Objectivity: Audits must be conducted with accuracy and objectivity. Auditors must base their findings on evidence and avoid personal opinions or biases.
  • Professional Development: Auditors are committed to ongoing professional development to maintain their skills and knowledge.

Enforcement

LGS Assurance Private Limited takes any violations of this Code of Conduct seriously. Disciplinary actions may be taken for violations, ranging from warnings to termination of employment.

Reporting Concerns

Auditors are encouraged to report any concerns about potential violations of this Code of Conduct to their supervisor or LGS Assurance Private Limited management. Reports of misconduct can be made anonymously to ceo@lgsapl.com