

Certified Internal Auditor CIA Part 2
Overview:
Introduction:
This program is designed to prepare participants for the certification exam only.
The Certified Internal Auditor (CIA) certification is a globally recognized credential for internal auditors, demonstrating expertise in internal audit practices and principles. The CIA exam comprises three parts, with Part 2 focusing on the practical aspects of conducting internal audit engagements. This training program is designed to prepare candidates for Part 2 of the CIA exam, covering essential topics such as managing the internal audit function, planning engagements, performing engagements, and communicating results.
Program Objectives:
By the end of this program, participants will be able to:
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Explore the responsibilities involved in managing the internal audit function.
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Develop and conduct risk-based internal audit plans.
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Effectively plan and perform internal audit engagements.
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Communicate engagement results and monitor progress.
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Prepare thoroughly for the CIA Part 2 examination.
Target Audience:
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Internal audit professionals preparing for the CIA certification.
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Auditors aiming to enhance their knowledge of internal audit practices.
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Professionals responsible for managing or overseeing internal audit functions.
Program Outline:
Unit 1:
Managing the Internal Audit Function:
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Overview of internal audit operations, including planning, organizing, directing, and monitoring.
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Key activities for managing resources within the internal audit function: budgeting and staffing.
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Aligning internal audit strategy with stakeholder expectations and organizational objectives.
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Importance of building relationships and communicating effectively with senior management and the board.
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The frameworks for establishing and maintaining a quality assurance and improvement program.
Unit 2:
Planning the Engagement:
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Strategies for determining engagement objectives and scope based on a thorough understanding of the organization.
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How to develop evaluation criteria and identifying key risks and controls.
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Importance of completing detailed risk assessments for audit areas.
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The role of preparing comprehensive engagement work programs.
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Allocating appropriate resources and expertise for the engagement.
Unit 3:
Performing the Engagement:
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Importance of gathering sufficient and appropriate information to achieve engagement objectives.
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Tools for evaluating the relevance, sufficiency, and reliability of evidence collected.
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How to apply analytical approaches and process mapping techniques.
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Documenting workpapers to support conclusions and engagement results.
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Summarizing and developing well-supported engagement conclusions.
Unit 4:
Communicating Engagement Results and Monitoring Progress:
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Importance of communicating effectively with stakeholders throughout the engagement.
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Steps for preparing clear and concise engagement reports.
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Tools for monitoring the implementation of management's action plans.
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The important role of applying appropriate supervision and ensuring quality throughout the engagement.
Unit 5:
CIA Part 2 Exam Preparation:
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Understanding the CIA Part 2 exam format and structure.
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Reviewing key topics and areas of emphasis in the exam syllabus.
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Sample exam questions and their potential answers.
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Resources and study materials for exam preparation.