Business Knowledge for Internal Auditing (Part 3)

Business Knowledge for Internal Auditing (Part 3)

This exam is part of the Certified Internal Auditor (CIA) certification by the Institute of Internal Auditors. It focuses on business acumen and Internal Audit-related knowledge for internal auditors.

Focus

The Business Knowledge for Internal Auditing (Part 3) certification focuses on Internal Auditing, Business Acumen

Exam Duration

The Business Knowledge for Internal Auditing (Part 3) exam duration is 4 hours

Num of Question

The exam contains a total of 110

Exam Fee

The exam fee is $175 (Member), $214 (Non-Member) USD.

Exam Validity

The CCRN-Pediatric certification is valid for Exam results and certification are valid for 5 years..

Prior Certification

• You must have earned the Foundation internal auditing (Part 1) certification in order to attempt Part 2

Exam Format

The Business Knowledge for Internal Auditing (Part 3) exam is a Computer-based exam

Passing Conditions

To pass Business Knowledge for Internal Auditing (Part 3) exam, applicants must achieve a minimum score of You must achieve a score of 70% or better to pass.

Who Should Take

This exam is intended for individuals interested in pursuing the Certified Internal Auditor (CIA) certification and have passed the Part 1 exam.

• Internal Auditor

Prerequisites

You do not need work experience to attempt this exam, but successful completion of Part 1 is required.

Or can substitute with certifications:

Certification Process

• - Register to take the Part 2 exam, which will be computer-based
• - The exam will consist of 110 multiple-choice questions that will be divided into two areas of knowledge

Domains with Weights

• Business Acumen: Strategic Thinking (40%): This domain measures knowledge and skills related to business acumen and strategic thinking. You will be tested on your ability to think strategically and communicate effectively.
• Business Acumen: Business Analytics and Judgement (30%): This domain assesses your skills in using business analytics and applying business judgement to make informed decisions.
• Governance, Risk, and Control: Governance (15%): This domain measures your knowledge of governance framework designs, including corporate governance, internal audit, and risk management.
• Governance, Risk, and Control: Risk Management and Audit (15%): This domain evaluates your skills in managing risks and conducting audits, and using the results to improve decision making.