The Certified Internal Auditor (CIA) designation is an internationally recognized certification awarded by the Institute of Internal Auditors (IIA). The CIA certification is a globally recognized symbol of professional competence in the internal auditing profession. To become a CIA, individuals must pass a rigorous exam that tests their knowledge and skills in internal auditing.
This training program is designed to prepare individuals to pass the CIA exam by covering the three parts of the exam, which are Essentials of Internal Auditing, Practice of Internal Auditing, and Business Knowledge for Internal Auditing. The program will provide a comprehensive review of the key concepts, techniques, and methodologies necessary to succeed in the internal auditing profession.
The target audience for this program includes individuals who are interested in pursuing a career as an internal auditor or those who are already working in the internal audit field and wish to become certified. It is also suitable for anyone who wants to expand their knowledge and skills in internal auditing.
The program is divided into Two parts, each consisting of five days of instruction and training. Each day will consist of Five hours of instruction and training, including lecture, discussion, and interactive exercises. Participants will also have access to study materials, practice exams, and other resources to support their exam preparation.
The objective of this training program is to prepare individuals to pass the Certified Internal Auditor (CIA) Exam. The program will cover the three parts of the exam, including the key concepts, techniques, and methodologies necessary to succeed.
This program is designed for individuals who are interested in pursuing a career as an internal auditor or those who are already working in the internal audit field and wish to become certified. It is also suitable for anyone who wants to expand their knowledge and skills in internal auditing.
Module 1:
CIA Exam Part 1 - Essentials of Internal Auditing
Day 1:
Introduction to Internal Auditing
Definition and purpose of internal auditing
Key concepts and principles of internal auditing
The role of internal auditors
The internal audit process
Case studies & practical Exercies
Day 2:
Internal Control and Risk Management
Types of internal controls
COSO Framework and its components
Risk management process
Assessing and managing risk
Case studies & practical Exercies
Day 3:
Conducting Internal Audit Engagements
Types of audit engagements
Audit planning and risk assessment
Audit procedures and techniques
Audit reporting
Case studies & practical Exercies
Day 4:
Fraud Risks and Controls
Definition of fraud
Types of fraud
Fraud risk assessment
Fraud prevention and detection
Case studies & practical Exercies
Day 5:
Review and Practice
Recap of key concepts
Practice questions and case studies
Test-taking strategies
Case studies & practical Exercies
Module 2:
CIA Exam Part 2 - Practice of Internal Auditing
Day 1:
Managing the Internal Audit Function
Internal audit governance and management
Resource management
Performance management
Quality assurance and improvement program (QAIP)
Case studies & practical Exercies
Day 2:
Managing Individual Engagements
Engagement planning and risk assessment
Audit procedures and techniques
Communicating results
Follow-up and monitoring
Case studies & practical Exercies
Day 3:
Fraud Risks and Controls II
Fraud schemes and red flags
Investigation techniques
Legal and regulatory environment
Ethics and professionalism
Case studies & practical Exercies
Day 4:
IT and Business Continuity
IT risks and controls
IT audit process
Business continuity planning and disaster recovery
Case studies & practical Exercies
Day 5:
Review and Practice
Recap of key concepts
Practice questions and case studies
Test-taking strategies