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Prerequisites of IIA-CIA-Part1 Exam

if you don't have a bachelor's degree, you can still take the CIA, which offers you to meet BETWEEN the following standards:

4 years of experience in internal audit (plus a second training and apprenticeship).
3 levels A or higher or comparable (plus two years of internal audit experience) ACCA credentials.
IIA Global will definitely need to see evidence of your training and learning when you enroll, such as duplicates of your A-level or GCSE certificates/achievements. If you cannot provide this proof later, you will not be able to register.

Before you can earn CIA classification, you must also have some internal audit experience or a relevant role. You must adhere to the following:

Level A or comparable and five years of experience.
A diploma and 2 years of experience.
Seven years of experience (plus additional training).

Reference: https://na.theiia.org/certification/CIA-Certification/Pages/CIA-2013-Exam-Syllabus-Part-1.aspx

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What is IIA-CIA-Part1 Exam

The revised CIA Part 1 exam is well aligned with the IIA's International Specialized Practice Framework (IPPF) and also includes 6 areas that cover the fundamentals of internal accounting; autonomy and neutrality; efficacy and appropriate specialized treatment; quality assurance and renewal programs; governance, threat tracking and even control; and even the threat of fraud. The first part examines the understanding, skills and also the capabilities of the perspectives associated with the International Specifications for Household Accounting Specialized Technique, in particular the characteristic standards (1000, 1100, 1200 and 1300 series), as well as the criteria performance 2100.

Aspects of the IPPF are included such as the purpose of internal auditing and the basics of expert internal auditing technique. The program offers a higher rating with the IIA performance standards. The test covers the distinctions between obtaining and seeking advice from compromises. The review is about the appropriate disclosure of consistency with respect to non-conformance to specifications. The most important area is “Threat Governance, Management and Control”, which represents 35% of the audit. Part of the exam requires candidates to demonstrate a basic understanding of the concepts; another section requires candidates to demonstrate mastery of their knowledge, skills, and abilities.

Registration steps of IIA-CIA-Part1 Exam

Step 1: Visit to IIA-CIA-Part1 Exam Registration

Step 2: Signup/Login to IIA account

Step 3: Search for IIA-CIA-Part1 Exam

Step 4: Select Date and Center of examination and confirm with payment value of $435

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IIA IIA-CIA-Part1 Exam Syllabus Topics:

Section	Objectives
Topic 1: Proficiency and Due Professional Care	- Competence and skills requirements - Due professional care in engagements
Topic 2: Quality Assurance and Improvement Program (QAIP)	- Internal quality assessments - Continuous improvement of internal audit function - External quality assessments
Topic 3: Independence and Objectivity	- Individual objectivity and impairment - Organizational independence
Topic 4: Foundations of Internal Auditing	- IIA Standards and Code of Ethics overview - Internal audit role in governance, risk, and control - Internal audit definition, purpose, and value

IIA Internal Audit Fundamentals Sample Questions:

Question #1

Which of the following describes two duties that should not be performed by the same person?

A. Distributing payroll checks and approving sales returns for credit.
B. Posting bad debt write-offs and reconciling the accounts payable subsidiary ledger.
C. Posting cash receipts and cash payments to the general ledger.
D. Recording cash receipts and preparing bank reconciliations.

Reveal Solution Discussion 0

Correct Answer: D 🗳️