IIA IIA-CIA-Part3 Practice & IIA-CIA-Part3 New Study Guide Questions - but also provide a good learning IIA-CIA-Part3 Practice opportunity for them & we will give a full IIA-CIA-Part3 Practice refund to you & the certification success IIA-CIA-Part3 Practice rate is 100% - you have no problem IIA-CIA-Part3 Practice to pass the exam & All IIA-CIA-Part3 Practice exam prep created by our experienced IT workers who are specialized in the certification study guide & Don't need a lot of IIA-CIA-Part3 Practice time and money - This is not cost-effective IIA-CIA-Part3 Practice & On Internet you can also see a few websites IIA-CIA-Part3 Practice to provide you the relevant training & You find the best IIA-CIA-Part3 Practice exam training materials - so don't waste your precious time and get your IIA practice test in time by our latest IIA-CIA-Part3 Practice exam questions from our online test engine - there are many methods to sail through IIA-CIA-Part3 Practice exam
CIA Exam Syllabus, Part 2 – Internal Audit Practice
100 questions | 2.0 Hours (120 minutes)
The new CIA exam Part 2 topics tested include managing the internal audit function via the strategic and operational role of internal audit and establishing a risk-based plan; the steps to manage individual engagements (planning, supervision, communicating results, and monitoring outcomes); as well as fraud risks and controls. Note: All items in this section of the syllabus will be tested at the Proficiency knowledge level unless otherwise indicated below.
I. Managing the Internal Audit Function (40-50%)
A. Strategic Role of Internal Audit
Initiate, manage, be a change catalyst, and cope with change
Build and maintain networking with other organization executives and the audit committee
Organize and lead a team in mapping, analysis, and business process improvement
Assess and foster the ethical climate of the board and management
Investigate and recommend resolution for ethics/compliance complaints, and determine disposition of ethics violations
Maintain and administer business conduct policy (e.g., conflict of interest), and report on compliance
Educate senior management and the board on best practices in governance, risk management, control, and compliance
Communicate internal audit key performance indicators to senior management and the board on a regular basis
Coordinate IA efforts with external auditor, regulatory oversight bodies and other internal assurance functions
Assess the adequacy of the performance measurement system, achievement of corporate objective – Awareness Level (A)
B. Operational Role of IA
Formulate policies and procedures for the planning, organizing, directing, and monitoring of internal audit operations
Review the role of the internal audit function within the risk management framework
Direct administrative activities (e.g., budgeting, human resources) of the internal audit department
Interview candidates for internal audit positions
Report on the effectiveness of corporate risk management processes to senior management and the board
Report on the effectiveness of the internal control and risk management frameworks
Maintain effective Quality Assurance Improvement Program
C. Establish Risk-Based IA Plan
Use market, product, and industry knowledge to identify new internal audit engagement opportunities
Use a risk framework to identify sources of potential engagements (e.g., audit universe, audit cycle requirements, management requests, regulatory mandates)
Establish a framework for assessing risk
Rank and validate risk priorities to prioritize engagements in the audit plan
Identify internal audit resource requirements for annual IA plan
Communicate areas of significant risk and obtain approval from the board for the annual engagement plan
Types of engagements
Conduct assurance engagements
a.1 Risk and control self-assessments
a) Facilitated approach
(1) Client-facilitated
(2) Audit-facilitated
b) Questionnaire approach
c) Self-certification approach
a.2 Audits of third parties and contract auditing
a.3 Quality audit engagements
a.4 Due diligence audit engagements
a.5 Security audit engagements
a.6 Privacy audit engagements
a.7 Performance audit engagements (key performance indicators)
a.8 Operational audit engagements (efficiency and effectiveness)
a.9 Financial audit engagements
Compliance audit engagements
Consulting engagements
c.1 Internal control training
c.2 Business process mapping
c.3 Benchmarking
c.4 System development reviews
c.5 Design of performance measurement systems
II. Managing Individual Engagements (40-50%)
A. Plan Engagements
Establish engagement objectives/criteria and finalize the scope of the engagement
Plan engagement to assure identification of key risks and controls
Complete a detailed risk assessment of each audit area (prioritize or evaluate risk/control factors)
Determine engagement procedures and prepare engagement work program
Determine the level of staff and resources needed for the engagement
Construct audit staff schedule for effective use of time
B. Supervise Engagement
Direct / supervise individual engagements
Nurture instrumental relations, build bonds, and work with others toward shared goals
Coordinate work assignments among audit team members when serving as the auditor-in-charge of a project
Review work papers
Conduct exit conference
Complete performance appraisals of engagement staff
C. Communicate Engagement Results
Initiate preliminary communication with engagement clients
Communicate interim progress
Develop recommendations when appropriate
Prepare report or other communication
Approve engagement report
Determine distribution of the report
Obtain management response to the report
Report outcomes to appropriate parties
D. Monitor Engagement Outcomes
Identify appropriate method to monitor engagement outcomes
Monitor engagement outcomes and conduct appropriate follow-up by the internal audit activity
Conduct follow-up and report on management's response to internal audit recommendations
Report significant audit issues to senior management and the board periodically
III. Fraud Risks and Controls (5-15%)
A. Consider the potential for fraud risks and identify common types of fraud associated with the engagement area during the engagement planning process
B. Determine if fraud risks require special consideration when conducting an engagement
C. Determine if any suspected fraud merits investigation
D. Complete a process review to improve controls to prevent fraud and recommend changes
E. Employ audit tests to detect fraud
F. Support a culture of fraud awareness, and encourage the reporting of improprieties
G. Interrogation/investigative techniques – Awareness Level (A)
H. Forensic auditing – Awareness Level (A)
IIA-CIA-Part3 Unlimited Exam Practice is a website you can completely believe in. In order to find more effective training materials, IIA-CIA-Part3 Unlimited Exam Practice IT experts have been committed to the research of IT certification exams, in consequence, develop many more exam materials. If you use IIA-CIA-Part3 Unlimited Exam Practice dumps once, you will also want to use it again. IIA-CIA-Part3 Unlimited Exam Practice can not only provide you with the best questions and answers, but also provide you with the most quality services. If you have any questions on our exam dumps, please to ask. Because we IIA-CIA-Part3 Unlimited Exam Practice not only guarantee all candidates can pass the exam easily, also take the high quality, the superior service as an objective.
It is not easy to absorb the knowledge we learn, so, we often forget these information. When you choose our IIA IIA-CGAP Latest Practice Questions Pdf practice test, you will know that it is your necessity and you have to purchase it. You can easily pass the exam. To trust in Pass4Test, it will help you to open a new prospect.
Exam Name: Certified Internal Auditor - Part 3, Business Analysis and Information Technology
One year free update, No help, Full refund!
IIA-CIA-Part3 Unlimited Exam Practice Total Q&A: 1554 Questions and Answers
Last Update: 2017-03-30
IIA-CIA-Part3 Pass4Sure Exam Prep Detail: IIA-CIA-Part3 Unlimited Exam Practice
Exam Name: Certified Government Auditing Professional
One year free update, No help, Full refund!
IIA-CGAP Latest Practice Questions Pdf Total Q&A: 327 Questions and Answers
Last Update: 2017-03-30
IIA-CGAP Detailed Answers Detail: IIA-CGAP Latest Practice Questions Pdf
Exam Name: Certified Internal Auditor - Part 2, Conducting the Internal Audit Engagement
One year free update, No help, Full refund!
IIA-CIA-Part2 Online Test Total Q&A: 508 Questions and Answers
Last Update: 2017-03-30
IIA-CIA-Part2 Latest Practice Questions Ppt Detail: IIA-CIA-Part2 Online Test
Pass4Test is a website to achieve dreams of many IT people. Pass4Test provide candidates participating in the IT certification exams the information they want to help them pass the exam. Do you still worry about passing IIA certification IIA-CIA-Part2 Online Test exam? Have you thought about purchasing an IIA certification IIA-CIA-Part2 Online Test exam counseling sessions to assist you? Pass4Test can provide you with this convenience. Pass4Test's training materials can help you pass the certification exam. Pass4Test's exercises are almost similar to real exams. With Pass4Test's accurate IIA certification IIA-CIA-Part2 Online Test exam practice questions and answers, you can pass IIA certification IIA-CIA-Part2 Online Test exam with a high score.
IIA-CIA-Part2 Free Demo Download: http://www.pass4test.com/IIA-CIA-Part2.html
没有评论:
发表评论