Wiley CIAexcel Exam Review 2014: Part 3, Internal Audit Knowledge Elements

Preface

The Certified Internal Auditor (CIA) Examination is a program of The Institute of Internal Auditors (IIA), Inc. The CIA Examination certifies a person as a professional internal auditor and is intended to measure the knowledge, skills, and competency required in the field of internal auditing. The CIA designation is the mark of an expert in internal auditing. The new exam syllabus, effective from the middle of 2013, tests knowledge at two levels of comprehension—proficiency and awareness, as indicated in the IIA’s content specifications outlines (www.theiia.org). These levels require allocating more preparation time to proficiency-level topics and less time to awareness-level topics. The scope of the new CIA Exam consists of three parts, which are divided into 14 domains; there are three domains in Part 1, three domains in Part 2, and eight domains in Part 3.

A series of review books has been prepared for the candidate to utilize for all three parts of the new CIA Exam. Each part’s review book includes a comprehensive coverage of the subject matter (theory) based on the new exam syllabus followed by some sample practice multiple-choice (M/C) questions with answers and explanations (practice). The sample practice M/C questions included in the review book are taken from Wiley’s Web-based online test software to show you the flavor of the questions. Each part’s review book contains a glossary section, which is a good source for answering M/C questions on the CIA Exam.

The ...