Certified Internal Auditor (CIA) Part 1 - New Syllabus
What you'll learn
- What you need to be proficient at for the Certified Internal Auditor (CIA) Part 1 exam.
- The essentials of internal auditing.
- Exam preparation strategy and tips and tricks for the exam.
- Understand the role that internal audit functions play in an organization.
- Know the key principles and standards of the internal auditing.
- Know how to apply key concepts such as independence and objectivity.
- Learn how to keep in good standing by knowing how to follow the code of ethics and how to show due professional care and proficiency.
- Know whether your reporting lines are appropriate and how to improve your department through quality assurance.
- Learn about the essential areas of governance, risk management and internal controls where auditors put much of their work effort.
- Learn how to react if you suspect fraud within your organization.
Requirements
- No prerequisite knowledge expected.
Description
Welcome to this exam preparation course for the Certified Internal Auditor (CIA), a certification from the Institute of Internal Auditors (IIA).
This teaches the new syllabus of the CIA and includes a 374 page slide deck given to download in the course.
This course aims to decrease the time you need to prepare for the exam. It includes instructor support for your questions.
I have taught internal audit courses in person to thousands of internal auditors and other interested professionals. The course covers all areas in which you need to be proficient.
This course has helped many people improve their chances at the CIA, from global Chief Audit Executives to interested students: this course is suited for anyone with an interest in internal audit.
It will help you understand the role that internal audit functions play in an organization and the principles and standards of the profession. It will help you know how to apply key concepts such as independence and objectivity. You will learn how to keep in good standing by knowing how to follow the code of ethics and how to show due professional care and proficiency.
If you manage an internal audit team or want to be ready for when you do, it will help you know whether your reporting lines are appropriate and how to improve your department through quality assurance. You will learn about the essential areas of governance, risk management and internal controls where auditors put much of their work effort. Finally, you will better know how to react if you suspect fraud within your organization.
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 1 Introduction and Exam Strategy
Introduction to the CIA certification, overview of the content of CIA Part 1 and exam strategies.
Section A. Foundations of Internal Auditing
Understand the purpose of an internal audit function, what internal audit does and the principles, framework and standards of the profession.
Proficiently understand the critical notion of independence and be able to identify if an audit function has organizational independence.
Section B. Ethics and Professionalism
Know which areas internal auditors need to be proficient (and which they don’t). Learn how to show or identify due professional care.
Know how to always act ethically as an internal auditor.
Section C. Governance, Risk Management, and Control
Gain an understanding of internal audit’s role in governance, risk management and internal controls.
Learn about different frameworks for assessing these areas.
Recognize how this affects the staffing of internal audit functions.
Section D. Fraud Risks
Learn how to identify fraud risks and what to do if fraud is suspected. See how internal audit can change an organization’s culture.
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 and business students.
- Risk managers.
- Accountants (CPA, ACCA, Chartered Accountants, etc.).
- Anyone working with internal auditors or undergoing an internal audit.
Instructor
- 4.5 Instructor Rating
- 8,020 Reviews
- 24,476 Students
- 15 Courses
I have a great passion in the areas of internal audit, governance, risk management, artificial intelligence, IT & information systems auditing, internal control and fraud prevention. I would like to share those great interests of mine with those who wish to learn.
I am currently Head of Internal Audit, Risk Management and Internal Control to a well-known luxury brand, and previously was Head of Internal Audit in a global financial services institution and Chief Internal Auditor to the European subsidiary of a major global bank. I worked as Group Internal Auditor in the energy sector and advisor in internal audit in a 'Big-4' consulting firm.
I founded the Risk Governance Institute which provides courses, training and consulting services.
I have been teaching students and professionals in university, institutions and organizations.
I am currently working on creating a certification in Audit & Assurance and another in Compliance & Ethics with a major institution.
I hold the following qualifications and certifications:
- Qualification in Internal Audit Leadership (QIAL) from the Institute of Internal Auditors (IIA);
- Chartered Internal Auditor (CMIIA) from the Chartered Institute of Internal Auditors;
- Certified Internal Auditor (CIA) from the Institute of Internal Auditors (IIA);
- Governance, Risk & Compliance Professional (GRCP) from OCEG;
- I (re-)created the certification Governance, Risk & Compliance Auditor (GRCA) for OCEG;
- I created the certification Integrated Audit & Assurance Professional (IAAP) for OCEG;
- I created the certification Integrated Risk Management Professional (IRMP) for OCEG;
- I created the certification Integrated Compliance & Ethics Professional (ICEP) for OCEG;
- I created the certification Integrated Artificial Intelligence Professional (IAIP) for OCEG;
- Certification in Risk Management Assurance (CRMA) from the Institute of Internal Auditors (IIA);
- Certified Financial Services Auditor (CFSA) from the Institute of Internal Auditors (IIA);
- Certification in Control Self-Assessment (CCSA) from the Institute of Internal Auditors (IIA);
- Technical Specialist of the Institute of Risk Management (SIRM);
- The Advanced Diploma in Management Accounting (Adv Dip MA) from the Chartered Institute of Management Accountants (CIMA);
- ISO 22301 (Business Continuity Management Systems) trained and experienced Lead Auditor; and
- ISO 27001 (Information Security Management Systems) highly experienced Lead Auditor.
- ISO 42001 (Artificial Intelligence Management Systems) Lead Implementer and Lead Auditor, certified by PECB.