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IIA IIA-CIA-Part3-3P-CHS Exam Syllabus Topics:

SectionWeightObjectives
Quality of the Internal Audit Function15%- Performance Measurement
  • 1. Scorecards and Metrics
  • 2. Qualitative and Quantitative Measures
  • 3. Key Performance Indicators
- Conformance with Standards
  • 1. Communication to Senior Management and the Board
  • 2. Disclosure of Nonconformance
- Quality Assurance and Improvement Program
  • 1. Quality Assurance Components
  • 2. Internal and External Assessments
  • 3. Ongoing Monitoring and Self-Assessments
Engagement Results and Monitoring45%- Recommendations and Action Plans
  • 1. Developing Recommendations
  • 2. Root Cause Considerations
  • 3. Management Action Plans
- Risk Acceptance Monitoring
  • 1. Communicating Unacceptable Risk Acceptance
  • 2. Escalation to Senior Management and the Board
- Communication of Engagement Results
  • 1. Scope Limitations
  • 2. Characteristics of Effective Communication
  • 3. Audit Reports and Final Communications
- Closing Communication and Reporting
  • 1. Exit Conferences
  • 2. Reporting to Stakeholders
  • 3. Correction of Errors and Omissions
- Residual Risk Assessment
  • 1. Control Effectiveness Evaluation
  • 2. Overall Engagement Ratings
  • 3. Risk Aggregation and Prioritization
Internal Audit Plan15%- Identification of Potential Engagements
  • 1. Regulatory and Legal Requirements
  • 2. Audit Universe Development
  • 3. Emerging Risks and Technologies
  • 4. Board and Management Requests
- Coordination with Assurance Providers
  • 1. Coordination of Assurance Coverage
  • 2. Reliance on Assurance Work
  • 3. Internal and External Assurance Providers
- Risk-Based Audit Planning
  • 1. Dynamic Audit Plan Updates
  • 2. Risk Prioritization
  • 3. Risk Assessment Methodologies
Internal Audit Operations25%- Internal Audit Strategy and Stakeholder Relations
  • 1. Communication with Senior Management and the Board
  • 2. Mission and Vision of Internal Audit
  • 3. Alignment with Organizational Strategy
- Managing Internal Audit Operations
  • 1. Planning, Organizing, Directing, and Monitoring Audit Activities
  • 2. Balancing Assurance and Advisory Engagements
  • 3. Managing External Service Providers
  • 4. Internal Audit Methodology Management
- Resource Management
  • 1. Budgeting and Financial Resource Management
  • 2. Performance Management
  • 3. Human Resource Planning and Recruitment
  • 4. Technology and IT Resources
  • 5. Training, Development, and Retention
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