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Introduction of IIA CIA Part 3 Exam

The Certified Internal Auditor (CIA) is an advanced professional certification for internal auditors. It is a globally recognized certification and is based on the International Professional Practices Framework (IPPF) of the IIA. The CIA exam consists of three parts. Part 1 covers the foundations of internal auditing, Part 2 covers business knowledge for internal auditing, and Part 3 covers internal audit practices. This article discusses the topic matter covered in Part 3 of the CIA exam. It also provides a sample question and answer to help candidates better prepare for this exam. The IIA CIA part 3 exam dumps are also one of the most complete study guides available. You will learn all the required topics and get a full understanding of them.

Reference: https://na.theiia.org/certification/CIA-Certification/Pages/CIA-2013-Exam-Syllabus-Part-3.aspx

What is the exam cost of the IIA CIA Part 3 Exam

The IIA CIA Part 2 Exam fee of the member is the USD 230, the nonmember fee is the USD 345 and Student/Professor fee is the USD 180.

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IIA IIA-CIA-Part3 中文 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Information Technology20%- Recognize existing and emerging cybersecurity threats and vulnerabilities
  • 1. Ransomware
  • 2. Malware
  • 3. Phishing
  • 4. Social engineering
- Examine the role of data analytics in the audit process
  • 1. Continuous auditing
  • 2. Data analysis techniques
  • 3. Data extraction
- Recognize principles of data privacy and their potential impact on data security policies and practices
- Identify risk and control implications related to IT infrastructure and systems
  • 1. Operating systems
  • 2. Cloud computing
  • 3. Databases
  • 4. Networking
  • 5. Business continuity and disaster recovery
- Recognize data governance and data management concepts
- Explain the purpose and use of common information security and technology controls
  • 1. Firewalls
  • 2. Antivirus
  • 3. Multi-factor authentication
  • 4. Passwords
  • 5. Digital signatures
  • 6. Biometrics
  • 7. Encryption
  • 8. IT general controls
Topic 2: Organizational Strategic Planning and Management25%- Identify risk and control implications related to leadership and mentoring
  • 1. Coaching
  • 2. Providing constructive feedback
  • 3. Building organizational commitment
  • 4. Guiding people
  • 5. Mentoring
  • 6. Demonstrating entrepreneurial ability
- Examine organizational behavior and management principles
  • 1. Team dynamics
  • 2. Conflict resolution
  • 3. Leadership styles
  • 4. Change management
  • 5. Motivation theories
- Analyze the organization's strategic planning process and its integration with the risk management strategy
  • 1. Alternative strategies evaluation
  • 2. Control environment
  • 3. Risk appetite definition
  • 4. Business context analysis
  • 5. Alignment to the organization's mission and values
  • 6. Objective setting
- Examine how performance measures and controls are used to assess achievement of organizational objectives
  • 1. Balanced scorecard
  • 2. Benchmarking
  • 3. Key performance indicators (KPIs)
- Identify the risk and control implications of different organizational structures
  • 1. Centralized versus decentralized
  • 2. Matrix structures
  • 3. Flat versus traditional
Topic 3: Financial Management10%- Examine the risk and control implications of financial statement analysis
  • 1. Ratio analysis
  • 2. Trend analysis
  • 3. Common-size analysis
- Identify risk and control implications of financial management
  • 1. Foreign currency
  • 2. Working capital management
  • 3. Financial instruments
  • 4. Capital structure and financing
Topic 4: Common Business Processes45%- Describe the risk and control implications of supply chain management
  • 1. Quality control
  • 2. Vendor management
  • 3. Inventory management
- Recognize various forms and elements of contracts
  • 1. Consideration
  • 2. Formality
  • 3. Unilateral and bilateral contracts
  • 4. Fixed-price and cost-reimbursable contracts
- Examine financial management concepts and their risk and control implications
  • 1. Managerial accounting
  • 2. Capital budgeting and investment
  • 3. Working capital management
  • 4. Financial analysis and decision-making
  • 5. Cost accounting
  • 6. Financial accounting and reporting
- Identify risk and control implications of project management
  • 1. Change management in projects
  • 2. Project risk management
  • 3. Time/team/resources/cost management
  • 4. Project plan and scope
- Describe business processes and their risk and control implications
  • 1. Logistics
  • 2. Human resources
  • 3. Management of outsourced processes
  • 4. Procurement
  • 5. Sales and marketing
  • 6. Product development
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