Best Way to Earn Certified Internal Auditor Certification

Part 1 – Essentials of Internal Auditing

1.Foundations of Internal Auditing: This section covers the basics of internal auditing, such as the role and responsibilities of internal auditors, the International Professional Practices Framework (IPPF), and the Code of Ethics.

2.Independence and Objectivity: This section covers the principles of independence and objectivity, including the importance of avoiding conflicts of interest, maintaining confidentiality, and exercising professional skepticism.

3.Proficiency and Due Professional Care: This section covers the knowledge and skills required for internal auditors to perform their job effectively, including risk assessment, audit planning, audit evidence, and communication.

4.Quality Assurance and Improvement: This section covers the importance of quality assurance and improvement in the internal audit function, including the role of internal audit in enhancing organizational governance, risk management, and control.

5.Governance, Risk Management, and Control: This section covers the key concepts and principles of governance, risk management, and control, including the COSO framework and the importance of integrating these concepts into the internal audit process.

Part 2 – Practice of Internal Auditing

CIA Exam Part Two exam topics cover the following key areas. 

1.Managing the Internal Audit Activity: This section covers the management of the internal audit function, including the development of the audit plan, resource management, and stakeholder communication.

2.Planning the Engagement: This section covers the process of planning the internal audit engagement, including risk assessment, scoping, and audit objectives.

3.Performing the Engagement: This section covers the execution of the internal audit engagement, including gathering and evaluating evidence, documenting findings, and communicating results.

4.Communicating Engagement Results and Monitoring Progress: This section covers the communication of internal audit results to stakeholders, including the development of audit reports and follow-up procedures to ensure that corrective action is taken.

5.Fraud Risks and Controls: This section covers the identification and assessment of fraud risks, as well as the development and implementation of fraud detection and prevention controls.

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