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

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

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