Certified Internal Auditor (CIA) Part 2 – Full Study Course

We are glad to bring you a preparation course for the Part 2 of the Institute of Internal Auditor’s (IIA) Certified Internal Auditor (CIA) certification.

You can start with any part of the CIA, and starting with the CIA Part 2 will give you the knowledge and tools necessary to perform, supervise and eventually manage internal audits.

This course aims to decrease the time you need to prepare for the exam. It includes instructor support for your questions.

It will review the key notions necessary for the exam and includes practice questions in each section and tips on exam strategy.

The course will help you learn how to manage an internal audit function, from knowing how to create a risk-based internal audit plan to managing the administration of an internal audit department.

You will know how to perform internal audit, starting from how to plan them, to how to perform and report on engagement results.

You will learn tricky concepts such as to process for the acceptance of risks, how to perform risk-assessments and how to evaluate information.

Most importantly, it aims to help you ‘think’ like an internal auditor, which I find is essential for scoring highly on the exam as well as being a great internal auditor.

The course covers:

CIA Part 2 Introduction and Exam Strategy

• Introduction to the CIA certification, overview of the content of CIA Part 2 and exam strategies.

Managing Internal Audit

• Learn how to manage an internal audit function, what policies and procedures internal audit follows and the administration of an internal audit function.

• Know how to create a risk-based internal audit plan by identifying different sources for engagements, assessing risks and prioritizing engagements.

• Gain an awareness over different types of engagements and assurance providers and know about the reporting requirements to the board and management.

Planning Engagements

• Understand how to properly plan engagements by determining their objectives, criteria and scope.

• Create working papers which conform with the Standards and learn about different ways an internal audit can be staffed.

Performing Engagements

• Learn how to collect engagement information and then analyze and evaluate it. Learn how to supervise engagements.

Communicating Engagement Progress and Results

• Learn how to communicate engagement results and the process of acceptance of risks. Learn how to monitor progress on the implementation status of internal audit recommendations.

Who this course is for:

• Students preparing for the Certified Internal Auditor (CIA) exam.
• Internal auditors.
• External auditors.
• Financial controllers or management accountants.
• Finance, accounting or business students.
• Risk managers.
• Accountants (CPA, ACCA, Chartered Accountants, etc.).
• Anyone working with internal auditors or undergoing an internal audit.