CIA Exam Prep Course – Part 2

Practice of Internal Auditing

Training Introduction

Part 2 of the Certified Internal Auditor (CIA) exam, titled “Practice of Internal Auditing,” focuses on the application of internal audit standards, performance of engagements, and communication of results. This part builds on the foundational knowledge from Part 1 and is designed to develop practical internal auditing skills.

This training program prepares candidates with an in-depth understanding of internal audit activities—from planning to execution, communication, and monitoring. The course includes exam-specific techniques, real-life scenarios, and practice questions modeled on actual IIA exam items.

By the end of this course, candidates will be equipped to successfully pass CIA Part 2 and apply internal auditing procedures effectively in real-world settings.

 

CIA Part 2: Exam Overview

• Title: Practice of Internal Auditing
• Number of Questions: 100 multiple-choice questions
• Exam Duration: 2 hours (120 minutes)
• Passing Score: 600/750
• Focus Areas:
1. Managing the Internal Audit Activity – 20%
2. Planning the Engagement – 20%
3. Performing the Engagement – 40%
4. Communicating Engagement Results and Monitoring Progress – 20%

 

Course Structure

Module 1: Overview of CIA Part 2 & Exam Preparation Strategy

Objective: Introduce CIA Part 2 structure and help participants build an effective exam prep plan.

Topics Covered:

• CIA Part 2 content overview
• Key IIA standards relevant to this part
• Study tips, time management, and preparation timeline
• Exam question structure and common pitfalls
• Diagnostic quiz to assess readiness

Deliverable: Customizable 6-week study plan template

Module 2: Managing the Internal Audit Activity (Domain I) – Part 1

Objective: Understand the leadership, resource management, and strategy components of internal audit management.

Topics Covered:

• Internal audit charter and authority
• Role of the Chief Audit Executive (CAE)
• Strategic alignment with organizational objectives
• Risk-based audit planning and resource allocation

Case Study: Developing an annual audit plan aligned with risk

Module 3: Managing the Internal Audit Activity (Domain I) – Part 2

Objective: Deepen understanding of managing the internal audit function and promoting quality.

Topics Covered:

• Managing staff performance and internal audit team development
• QAIP (Quality Assurance and Improvement Program) in practice
• Use of performance metrics and audit KPIs
• Coordination with external auditors and assurance providers

Interactive Tool: Internal audit department performance dashboard

Module 4: Planning the Engagement (Domain II)

Objective: Learn how to plan audit engagements in accordance with professional standards.

Topics Covered:

• Understanding engagement objectives, scope, and criteria
• Preliminary risk assessment and control evaluation
• Engagement work program development
• Resource planning and budgeting
• Communicating the engagement plan

Practice Activity: Drafting a sample audit program for a procurement process

Module 5: Performing the Engagement (Domain III) – Part 1

Objective: Learn evidence gathering and data analysis techniques for conducting audit engagements.

Topics Covered:

• Types of audit procedures (inquiry, observation, inspection, reperformance)
• Sampling methods and documentation
• Interviewing techniques and walkthroughs
• Use of data analytics in auditing
• Ensuring sufficient and appropriate evidence

Practical Exercise: Selecting audit procedures for a given scenario

Module 6: Performing the Engagement (Domain III) – Part 2

Objective: Strengthen understanding of evaluating control effectiveness and identifying issues.

Topics Covered:

• Analyzing causes, effects, and risk implications of audit findings
• Evaluating design vs. operational effectiveness of controls
• Use of root cause analysis tools
• Developing audit conclusions
• Legal and ethical considerations in evidence gathering

Tool Provided: Root Cause Analysis template

Module 7: Communicating Engagement Results (Domain IV)

Objective: Learn how to effectively report audit findings and follow up on actions.

Topics Covered:

• Report writing principles (clarity, accuracy, objectivity)
• Components of the audit report
• Prioritizing and rating audit observations
• Recommendations vs. action plans
• Communication with stakeholders and senior management
• Monitoring and follow-up procedures

Sample Template: Internal Audit Report Format (IIA-aligned)

Module 8: Final Exam Review and Practice

Objective: Consolidate knowledge, review key topics, and practice exam questions under timed conditions.

Topics Covered:

• Review of key standards and concepts from all domains
• Common question patterns and traps
• Time management strategies during the exam
• Final review tips and stress-reduction strategies
• Mock Exam Simulation (50–100 questions with review)

Deliverable: Personalized exam readiness checklist

 

Final Mock Exam & Completion Certificate

• Full-length CIA Part 2 mock exam (simulated environment)
• Answer explanations and scoring analytics
• Certificate of Completion for the training program

 

Target Audience

• CIA candidates preparing for Part 2
• Internal auditors (mid-level and supervisory)
• Audit team leads and managers
• Risk and compliance professionals

 

Optional Add-ons

• Access to question banks (Gleim, Hock, Wiley, etc.)
• Weekly coaching calls or study groups
• Video lectures and microlearning modules
• CIA Part 3 prep continuation plan