CIA Part 3 Exam Preparation: Business Knowledge for Internal Auditing
Complete your CIA preparation with the business knowledge every internal auditor needs.
About this course
Complete your CIA preparation with the business knowledge every internal auditor needs. Over eight days you will study business acumen, data analytics, information security, information technology and the financial management topics in the Part 3 content outline.
The course connects each area to the risks and controls you will meet in practice, from access controls to capital budgeting, and closes with timed practice so you can sit the final part with confidence. Exam fees are separate and paid to the exam provider.
What you'll learn
- Relate organisational objectives, structure and business processes to audit work
- Explain how data analytics supports internal auditing
- Evaluate information security controls, including access controls and data protection
- Describe IT infrastructure, systems, control frameworks and business continuity
- Interpret financial statements and core financial accounting concepts
- Apply managerial accounting concepts such as costing and budgeting
- Explain financial management topics including capital budgeting and working capital
- Prepare for the CIA Part 3 exam with timed practice questions
Curriculum
- The Part 3 content outline
- Study planning
- Question technique
- Organisational objectives and performance
- Organisational structure and business processes
- Managing projects and change
- Data analytics in internal auditing
- Physical security
- User authentication and access controls
- Data privacy and protection
- Emerging cybersecurity risks
- Applications and system software
- IT infrastructure and networks
- IT control frameworks
- Disaster recovery and business continuity
- Financial statements and their elements
- Key accounting concepts
- Financial ratio analysis
- Cost concepts and behaviour
- Costing systems
- Budgeting and variance analysis
- Relevant costs for decisions
- Capital budgeting
- Working capital management
- Sources of finance
- Revenue cycle and asset management
- Timed practice exam
- Reviewing weak areas
- Exam-day preparation
Who it's for
Internal auditors and finance and IT professionals preparing for CIA Part 3.
Before you start
- Study for or completion of CIA Parts 1 and 2 is recommended
- Candidates should check the current eligibility requirements published by The IIA
Prepares for
Part of these Alalamia diplomas
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