CIA Exam Preparation - Part 1: Essentials of Internal Auditing

The course may include discussion on the following exam topics:

Section I: Foundations of Internal Auditing

Topic A: The IIA’s International Professional Practices Framework/Purpose, Authority, and Responsibility of the Internal Audit Activity
Topic B: Requirements of the Internal Audit Charter
Topic C: Assurance and Consulting Services
Topic D: The IIA’s Code of Ethics

Section II: Independence and Objectivity

Topic A: Organizational Independence of the Internal Audit Activity
Topic B: Impairments to Independence
Topic C: Auditor Objectivity
Topic D: Promoting Objectivity

Section III: Proficiency and Due Professional Care

Topic A: Required Knowledge, Skills, and Competencies for the Internal Audit Activity
Topic B: Required Knowledge, Skills, and Competencies for the Internal Auditor
Topic C: Due Professional Care
Topic D: Continuing Professional Development

Section IV: Quality Assurance and Improvement Program

Topic A: Key Elements of a QAIP
Topic B: QAIP Reporting Requirements
Topic C: Conformance/Nonconformance

Section V: Governance, Risk Management, and Control

Topic A: Organizational Governance
Topic B: The Impact of Organizational Culture on the Overall Control Environment and Individual Engagement Risks and Controls
Topic C: Ethics and Compliance Issues and Violations
Topic D: Corporate Social Responsibility
Topic E: Risk Management Fundamentals
Topic F: Globally Accepted Risk Management Frameworks
Topic G: The Effectiveness of Risk Management
Topic H: The Internal Audit Activity’s Role in the Risk Management Process
Topic I: Types of Controls and Management Control Techniques
Topic J: Internal Control Frameworks
Topic K: The Effectiveness and Efficiency of Internal Controls

Section VI: Fraud Risks

Topic A: Fraud Risks and Types of Fraud
Topic B: Potential for Fraud Occurrence
Topic C: Controls to Prevent/Detect Fraud and Education to Improve Fraud Awareness
Topic D: Forensic Auditing