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

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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.

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In the last article of this series, we discussed the CIA Part 3 exam tips that will help you in your exam preparation. Now, you know what to do before the exam and what not to do before the exam. In this article, we are going to share some more tips that will help you in your CIA Part 3 exam preparation. IIA CIA Part 3 exam dumps are the great way to demonstrate your skills and expertise.

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IIA IIA-CIA-Part3 Exam Syllabus Topics:

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

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