Date/Time
Date(s) - 26/02/2024 - 29/02/2024
8:30 am - 2:30 pm

Location
Movenpick Hotel Downtown

About this course:

Course Description

The Certified Internal Auditor (CIA) exam tests a candidate’s knowledge of current internal auditing practices and understanding of internal audit issues, risks and remedies. The exam is offered in three parts, each part consisting of multiple-choice questions. The testing period is different for each of the parts and it is determined based on the number of questions.

The IIA regularly updates the content of the CIA exam to make sure the content is always up-to-date and relevant for the practicing internal auditor.

The topics are not all tested at the same skill level. The IIA recognizes two cognitive levels:

(B) – Basic: The candidate is responsible for comprehension and recall of information.

(P) – Proficient: The candidate is responsible not only for comprehension and recall of information but also for higher-level mastery of the content, including application, analysis, synthesis and evaluation.

*Note: All items in this section of the syllabus will be tested at the Basic (B) knowledge level unless otherwise indicated below

Course Topics

PART 1 – Essentials of Internal Auditing

The revised CIA Part One is well aligned with The IIA’s International Professional practices Framework (IPPF) and includes six domains covering the foundation of internal auditing; independence and objectivity; proficiency and due professional care; quality assurance and improvement programs; governance, risk management, and control; and fraud risk.

Domain I: Foundations of Internal Auditing (15%)

1. Interpret the IIA’s Mission of Internal Audit, Definition of Internal Auditing, and Core Principles for the Professional Practice of Internal Auditing, and the purpose, authority, and responsibility of the internal audit activity. (Proficient)
2. Explain the requirements of an internal audit charter (required components, board approval, communication of the charter). (Basic)
3. Interpret the difference between assurance and consulting services provided by the internal audit (Proficient)
4. Demonstrate conformance with the IIA Code of (Proficient)

Domain II: Independence and Objectivity (15%)

1. Interpret organizational independence of the internal audit activity (importance of independence, functional reporting, ). (Basic)
2. Identify whether the internal audit activity has any impairments to its (Basic)
3. Assess and maintain an individual internal auditor’s objectivity, including determining whether an individual internal auditor has any impairments to his/her (Proficient)
4. Analyze policies that promote (Proficient)

Domain III: Proficiency and Due Professional Care (18%)

1. Recognize the knowledge, skills, and competencies required (whether developed or procured) to fulfill the responsibilities of the internal audit activity. (Basic)
2. Demonstrate the knowledge and competencies that an internal auditor needs to possess to perform his/her individual responsibilities, including technical skills and soft skills (communication skills, critical thinking, persuasion/negotiation and collaboration skills, etc.). (Proficient)
3. Demonstrate due professional (Proficient)
4. Demonstrate an individual internal auditor’s competency through continuing professional (Proficient)

Domain IV: Quality Assurance and Improvement Program (7%)

1. Describe the required elements of the quality assurance and improvement program (internal assessments, external assessments, ). (Basic)
2. Describe the requirement of reporting the results of the quality assurance and improvement program to the board or other governing (Basic)
3. Identify appropriate disclosure of conformance vs. nonconformance with The IIA’s International Standards for the Professional Practice of Internal Auditing. (Basic)

Domain V: Governance, Risk Management, and Control (35%)

1. Concept of organizational governance
2. Impact of organizational culture
3. Organization’s ethics and compliance-related issues
4. Corporate social responsibility
5. Fundamental concepts of risk and risk management process (P)
6. Globally accepted risk management frameworks
7. Effectiveness of risk management (P)
8. Internal audit role in the organization’s risk management
9. Internal control concepts and types of controls (P)
10. Globally accepted internal control frameworks (P)
11. Effectiveness and efficiency of internal controls (P)

Domain VI: Fraud Risks (10%)

1. Interpret fraud risks and types of frauds and determine whether fraud risks require special consideration when conducting an engagement. (Proficient)
2. Evaluate the potential for occurrence of fraud (red flags, etc.) and how the organization detects and manages fraud (Proficient)
3. Recommend controls to prevent and detect fraud and education to improve the organization’s fraud (Proficient)
4. Recognize techniques and internal audit roles related to forensic auditing (interview, investigation, testing, ). (Basic)

CIA Exam Structure

• Exam Duration: 150 minutes
• Number of Questions: 125

Course Duration: 4 days

Level: All

Pre-requisites: None

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