The Certified Internal Auditor (CIA) Exam is a globally recognized certification program that measures the knowledge, skills, and competencies required of internal auditors. The IIA-CIA-Part3-3P Exam is one of the three exams that candidates must pass to earn their CIA certification. IIA-CIA-Part3-3P-KR exam, also known as the Business Knowledge for Internal Auditing exam, covers the fundamental principles of business management, including financial management, corporate governance, risk management, and information technology.
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IIA-CIA-Part3-3P exam, also known as the CIA Exam Part Three: Business Knowledge for Internal Auditing, is a certification exam offered by the Institute of Internal Auditors (IIA). IIA-CIA-Part3-3P-KR exam is designed to test the knowledge and skills of internal auditors in the area of business acumen and risk management. It is a crucial step in the certification process for individuals who wish to become Certified Internal Auditors (CIA).
Reference: https://na.theiia.org/certification/CIA-Certification/Pages/CIA-2019-Exam-Syllabus-Part-3.aspx
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IIA-CIA-Part3-3P exam is a challenging exam and requires candidates to have a deep understanding of the various concepts and principles related to internal auditing. IIA-CIA-Part3-3P-KR exam covers a wide range of topics such as risk management, governance, internal control, ethics, and fraud. Candidates who pass IIA-CIA-Part3-3P-KR exam are considered to have a solid foundation in the field of internal auditing.
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The first section of the exam, business acumen, covers the candidate's understanding of business strategy, operations, and financial analysis. This section measures the candidate's ability to identify key business risks and to assess the effectiveness of internal controls in managing those risks. It also covers the candidate's understanding of the role of internal auditing in supporting organizational objectives.
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| Section | Weight | Objectives |
|---|---|---|
| Information Technology | 20% | - Application and System Software Concepts - Disaster Recovery and Data Backup - IT Infrastructure and Control Frameworks |
| Information Security | 25% | - Authentication and Authorization Controls - Cybersecurity Risks and Data Privacy - Physical and Logical Security Controls |
| Business Acumen | 35% | - Organizational Structure and Business Processes - Organizational Objectives, Behavior, and Performance - Data Analytics |
| Financial Management | 20% | - Budgeting and Cost Management - Managerial Accounting Concepts - Financial Accounting and Analysis |
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