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IIA CIA Part 3 Prerequisites - Bachelor's degree from an accredited college or university or a non-U.S. equivalent, at least five years of professional experience in internal auditing, and have attained the age of 21. Or have a combination of education and/or professional experience that provides for the same level of knowledge.

IIA CIA Experience Requirements - At least two years of professional experience in internal auditing, governance, risk management, control, or related experience in one or more areas examined by the CIA exam.

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Reference: https://na.theiia.org/certification/CIA-Certification/Pages/CIA-2013-Exam-Syllabus-Part-3.aspx

What are the steps to follow for the registration of the IIA CIA Part 3 Exam

You must first register as an IIA member. Then you can register for the IIA CIA exam. You must provide the following information:

  • Exam details: Date, time and location of the exam center
  • Professional information: Designation, industry type, experience etc.
  • Personal information: Name, address, email ID and contact number
  • Payment information: Debit card/credit card / PayPal details

IIA IIA-CIA-Part3 Korean Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Organizational Strategic Planning and Management25%- Examine how performance measures and controls are used to assess achievement of organizational objectives
  • 1. Benchmarking
  • 2. Balanced scorecard
  • 3. Key performance indicators (KPIs)
- Identify the risk and control implications of different organizational structures
  • 1. Matrix structures
  • 2. Centralized versus decentralized
  • 3. Flat versus traditional
- Identify risk and control implications related to leadership and mentoring
  • 1. Guiding people
  • 2. Mentoring
  • 3. Coaching
  • 4. Building organizational commitment
  • 5. Providing constructive feedback
  • 6. Demonstrating entrepreneurial ability
- Analyze the organization's strategic planning process and its integration with the risk management strategy
  • 1. Alternative strategies evaluation
  • 2. Business context analysis
  • 3. Control environment
  • 4. Risk appetite definition
  • 5. Objective setting
  • 6. Alignment to the organization's mission and values
- Examine organizational behavior and management principles
  • 1. Conflict resolution
  • 2. Change management
  • 3. Leadership styles
  • 4. Motivation theories
  • 5. Team dynamics
Topic 2: Common Business Processes45%- Examine financial management concepts and their risk and control implications
  • 1. Managerial accounting
  • 2. Capital budgeting and investment
  • 3. Working capital management
  • 4. Financial accounting and reporting
  • 5. Financial analysis and decision-making
  • 6. Cost accounting
- Describe the risk and control implications of supply chain management
  • 1. Inventory management
  • 2. Quality control
  • 3. Vendor management
- Identify risk and control implications of project management
  • 1. Project risk management
  • 2. Time/team/resources/cost management
  • 3. Project plan and scope
  • 4. Change management in projects
- Describe business processes and their risk and control implications
  • 1. Product development
  • 2. Sales and marketing
  • 3. Logistics
  • 4. Procurement
  • 5. Human resources
  • 6. Management of outsourced processes
- Recognize various forms and elements of contracts
  • 1. Unilateral and bilateral contracts
  • 2. Consideration
  • 3. Fixed-price and cost-reimbursable contracts
  • 4. Formality
Topic 3: Financial Management10%- Examine the risk and control implications of financial statement analysis
  • 1. Ratio analysis
  • 2. Common-size analysis
  • 3. Trend analysis
- Identify risk and control implications of financial management
  • 1. Capital structure and financing
  • 2. Working capital management
  • 3. Foreign currency
  • 4. Financial instruments
Topic 4: Information Technology20%- Recognize principles of data privacy and their potential impact on data security policies and practices
- Identify risk and control implications related to IT infrastructure and systems
  • 1. Cloud computing
  • 2. Networking
  • 3. Business continuity and disaster recovery
  • 4. Operating systems
  • 5. Databases
- Explain the purpose and use of common information security and technology controls
  • 1. Encryption
  • 2. IT general controls
  • 3. Digital signatures
  • 4. Passwords
  • 5. Multi-factor authentication
  • 6. Firewalls
  • 7. Antivirus
  • 8. Biometrics
- Examine the role of data analytics in the audit process
  • 1. Data extraction
  • 2. Data analysis techniques
  • 3. Continuous auditing
- Recognize data governance and data management concepts
- Recognize existing and emerging cybersecurity threats and vulnerabilities
  • 1. Social engineering
  • 2. Ransomware
  • 3. Malware
  • 4. Phishing

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