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The CIA Exam Part Three: Business Knowledge for Internal Auditing is considered to be a challenging exam that tests the candidate's understanding of the business world. It is designed to evaluate the candidate's ability to identify and evaluate risks, develop effective management strategies, and communicate effectively with stakeholders. IIA-CIA-Part3-3P exam is known for its high level of difficulty, and candidates are advised to prepare thoroughly before taking the test.

IIA IIA-CIA-Part3-3P Exam Overview:

Certification Vendor:The Institute of Internal Auditors (IIA)
Exam Name:CIA Exam Part Three: Business Knowledge for Internal Auditing
Exam Number:IIA-CIA-Part3-3P
Exam Duration:120 minutes
Related Certifications:CIA Part 1
CIA Part 2
Exam Price:USD 240–280 (member) / USD 395–445 (non-member)
Available Languages:Chinese Traditional, Spanish, Thai, Korean, Polish, Portuguese, Chinese Simplified, German, Japanese, Russian, Turkish, English, French
Certificate Validity Period:3 years from enrollment; CIA certification valid indefinitely with continuing professional education (CPE)
Real Exam Qty:100
Exam Format:Computer-based, Multiple-choice questions
Passing Score:600 (scaled score 250–750)
Recommended Training:IIA Official CIA Learning System
Exam Registration:IIA Certification Candidate Management System (CCMS)
Pearson VUE Testing
Sample Questions:IIA IIA-CIA-Part3-3P Sample Questions
Exam Way:Computer-based testing at Pearson VUE centers or online proctored
Pre Condition:Bachelor's degree or higher; or 5 years internal audit experience with high school diploma; active CIA program enrollment within 3 years
Official Syllabus URL:https://www.theiia.org/en/certifications/cia/exam-prep-resources/exam-syllabus/exam-syllabus-part-3/

IIA-CIA-Part3-3P exam is a computer-based exam that consists of 100 multiple-choice questions. You will have 2.5 hours to complete the exam. IIA-CIA-Part3-3P exam is administered by Pearson VUE, a computer-based testing company. IIA-CIA-Part3-3P exam is available in English and several other languages. IIA-CIA-Part3-3P exam is a rigorous test of your knowledge and skills, and passing it requires a deep understanding of the concepts and principles covered in the exam.

Reference: https://na.theiia.org/certification/CIA-Certification/Pages/CIA-2019-Exam-Syllabus-Part-3.aspx

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

SectionWeightObjectives
Business Acumen35%- Global Business Environment
  • 1. Corporate governance principles
    • 2. Risk management concepts
      • 3. Legal and regulatory frameworks
        • 4. Economic and financial markets
          - Organizational Objectives, Behavior, and Performance
          • 1. Organizational structure and culture
            • 2. Leadership, management, and communication
              • 3. Strategic planning and implementation
                • 4. Performance management and measurement
                  Financial Management20%- Financial Accounting
                  • 1. Accounting principles and standards
                    • 2. Analysis of financial performance
                      • 3. Basic financial statements and reporting
                        - Financial Management and Capital Budgeting
                        • 1. Cost management concepts
                          • 2. Budgeting and forecasting
                            • 3. Working capital management
                              • 4. Capital structure and financing decisions
                                Information Security25%- Cybersecurity and Risk
                                • 1. Incident response and recovery
                                  • 2. Threats, vulnerabilities, and attacks
                                    • 3. Security audit and assessment
                                      - Security Frameworks and Controls
                                      • 1. Access control systems and methodologies
                                        • 2. Network security and infrastructure protection
                                          • 3. Data privacy and protection regulations
                                            • 4. Information security governance
                                              Information Technology20%- IT Operations and Application
                                              • 1. Cloud computing and emerging technologies
                                                • 2. IT infrastructure and architecture
                                                  • 3. Database management and data governance
                                                    • 4. Software development and acquisition
                                                      - Data Analytics
                                                      • 1. Data analysis techniques and tools
                                                        • 2. Using analytics for internal audit
                                                          • 3. Data integrity and quality assurance

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