Wiley CIAexcel Exam Review 2018, Part 2: Internal Audit Practice

WILEY CIAexcel EXAM REVIEW 2018

THE SELF–STUDY SUPPORT YOU NEED TO PASS THE CIA EXAM

Part 2: Internal Audit Practice

Provides comprehensive coverage based on the exam syllabus, along with multiple–choice practice questions with answers and explanations Deals with managing the internal audit function Addresses managing individual engagements Covers fraud risks and controls Covers related standards from the IIA′s IPPF Features a glossary of CIA Exam terms good source for candidates preparing for and answering the exam questions Assists the CIA Exam candidate in successfully preparing for the exam

Based on the CIA body of knowledge developed by The Institute of Internal Auditors (IIA), Wiley CIAexcel Exam Review 2018 provides a student–focused and learning–oriented experience for CIA candidates. Passing the CIA Exam on your first attempt is possible. We′d like to help.

Feature section examines the topics of Managing the Internal Audit Function, Managing Individual Engagements, and Fraud Risks and Controls

Preface  vii

CIA Exam Study Preparation Resources ix

CIA Exam–Taking Tips and Techniques  xiii

CIA Exam Content Specifi cations xv

Domain 1 Managing the Internal Audit Function (40 50%)  1

Strategic Role of Internal Audit  1

IIA Standards Applicable to Strategic Role of Internal Audit  32

Operational Role of Internal Audit  64

IIA Standards Applicable to Operational Role of Internal Audit 127

Quality Assurance and Improvement Program 137

Risk–Based Internal Audit Plan 160

IIA Standards Applicable to Risk–Based Internal Audit Plan 180

Domain 2 Managing Individual Engagements (40 50%)  206

Plan Engagements 206

IIA Standards Applicable to Plan Engagements 214

Supervise Engagements  233

IIA Standards Applicable to Supervise Engagements  237

Communicate Engagement Results  257

S. RAO VALLABHANENI is an educator, author, publisher, consultant, and practitioner in business with more than thirty years of management and teaching experience in auditing, accounting, manufacturing, and IT consulting in both public and private sectors. He is the author of more than sixty trade books, study guides, review guides, monographs, audit guides, and articles in auditing and IT. He holds twenty–four professional certifications in business management in Accounting, Auditing, Finance, Information Technology, Manufacturing, Quality, and Human Resource fields.