Certified Internal Auditor (Cia) Part 3 - Full Study Course

Full study course and instructor support for the Certified Internal Auditor (CIA) Part 3.

What you'll learn
What you need to be proficient at for the Certified Internal Auditor (CIA) Part 3 exam.
Learn how organizations plan their strategy, measure their performance and are structured to achieve their objectives.
Know about the type of data analytics and their role in internal auditing.
Learn about controls related to physical and information security and data privacy and protection.
Understand emerging cyber and technological risks.
Learn about common IT systems and their development.
Know about key IT controls and about disaster recovery planning.
Understand key concepts in financial and management accounting, such as business cycles, budgeting and transfer pricing.
Learn how to analyze financial data. Know about key concepts related to management accounting.
Requirements
No prerequisite knowledge expected. The different parts of the CIA can be performed in any order.
Description
We are glad to bring you a preparation course for the Part 3 of the Institute of Internal Auditor’s (IIA) Certified Internal Auditor (CIA) certification. This course will review all key content necessary for the exam and includes practice questions and tips on exam strategy. The course will help you learn about the essential business knowledge an internal auditor needs to know, about key concepts in information security and information technology, as well as an introduction to financial and management accounting.It will review the key notions necessary for the exam and includes practice questions in each section and tips on exam strategy. Most importantly, it aims to help you ‘think’ like an internal auditor, which I find is essential for scoring highly on the exam as well as being a great internal auditor.The course covers: Business EssentialsLearn how organizations plan their strategy, measure their performance and are structured to achieve their objectives. Know about the type of data analytics and their role in internal auditing.Information SecurityLearn about controls related to physical and information security and data privacy and protection. Understand emerging cyber and technological risks.Information TechnologyLearn about common IT systems and their development. Know about key IT controls and about disaster recovery planning.Financial and Management AccountingUnderstand key concepts in financial and management accounting, such as business cycles, budgeting and transfer pricing. Learn how to analyze financial data. Know about key concepts related to management accounting.

Overview

Section 1: CIA Part 3 Introduction and Exam Strategy

Lecture 1 CIA Part 3 Introduction and Exam Strategy

Lecture 2 CIA Part 3 Tips & Tricks

Lecture 3 Certification Overview

Lecture 4 Exam Planning

Lecture 5 Awareness and Proficiency of the Course Content

Lecture 6 Exam Format and Strategy

Lecture 7 CIA Part 3 Syllabus

Section 2: Business Essentials

Lecture 8 Strategic Planning

Lecture 9 Setting the Strategy and Objectives

Lecture 10 Competitive Strategies

Lecture 11 Strategic Considerations to Compete in a Market

Lecture 12 Key Performance Indicators

Lecture 13 Balanced Scorecard

Lecture 14 Leading, Coincident and Lagging Indicators

Lecture 15 KPI Targets

Lecture 16 Steps to Developing KPIs

Lecture 17 Productivity

Lecture 18 Organizational Behavior

Lecture 19 Motivation

Lecture 20 Maslow's Hierarchy of Needs

Lecture 21 Herzberg's Motivation-Hygiene Theory

Lecture 22 McGregor's Theory X and Theory Y

Lecture 23 Locke and Latham's Goal-Setting Theory

Lecture 24 Skinner's Reinforcement Theory

Lecture 25 Question on Skinner's Reinforcement Theory

Lecture 26 Definitions of Organizational Structure and Culture

Lecture 27 Reinforcing Organizational Culture

Lecture 28 Big Five Traits Theory

Lecture 29 Myers-Briggs Type Indicators

Lecture 30 Job Design

Lecture 31 Leadership vs Management Skills

Lecture 32 Management Control Techniques

Lecture 33 Bases of Power

Lecture 34 Leadership Grid

Lecture 35 Centralized vs Decentralized

Lecture 36 Departmentalization

Lecture 37 Business Processes - Sales

Lecture 38 Business Processes - Procurement

Lecture 39 Project Management Lifecycle

Lecture 40 Project Management Lifecycle Pain Curve

Lecture 41 Project Management Lifecycle Curve

Lecture 42 Project Management Triangle

Lecture 43 Gantt Charts and Project Network Analysis

Lecture 44 Theory of Constraints

Lecture 45 Program Evaluation Review Technique (PERT) - Critical Path Method (CPM)

Lecture 46 Contract Elements

Lecture 47 Contract Elements to Verify

Lecture 48 Contract Pricing Forms

Lecture 49 Question on Contract Pricing Forms

Lecture 50 Definition of Data Analytics

Lecture 51 Data and Information Security Governance

Lecture 52 Challenges of Data Analytics and Big Data

Lecture 53 Question on Challenges of Data Analytics and Big Data 1

Lecture 54 Question on Challenges of Data Analytics and Big Data 2

Lecture 55 Descriptive Data Analytics

Lecture 56 Diagnostic Data Analytics

Lecture 57 Predictive Data Analytics

Lecture 58 Prescriptive Data Analytics

Lecture 59 Data Analytics Process

Lecture 60 Use of Data Analytics in Internal Audit

Lecture 61 Question on Use of Data Analytics in Internal Audit

Lecture 62 Question on Use of Data Analytics in Internal Audit

Section 3: Information Security

Lecture 63 Definition of Information Security

Lecture 64 Data Integrity, Confidentiality and Data Availability

Lecture 65 IT General Controls

Lecture 66 Segregation of IT Duties

Lecture 67 Question on Segregation of IT Duties

Lecture 68 Threats and Controls to Physical Security

Lecture 69 Question on Threats and Controls to Physical Security 1

Lecture 70 Question on Threats and Controls to Physical Security 2

Lecture 71 Identity Access Management

Lecture 72 Access and Authorization Controls - Risks

Lecture 73 Identity Access Management - Activities

Lecture 74 Authentication

Lecture 75 IT Departmentalization

Lecture 76 Question on IT Departmentalization 1

Lecture 77 Question on IT Departmentalization 2

Lecture 78 Types of Information Security Controls

Lecture 79 Encryption

Lecture 80 Firewalls

Lecture 81 Data Privacy and Protection

Lecture 82 Data Protection Framework

Lecture 83 Question on Data Protection Framework

Lecture 84 Smart Devices and Their Risks

Lecture 85 Question on Smart Devices and Their Risks

Lecture 86 Question onQuestion on Data Protection Framework

Lecture 87 Asset-Threat-Vulnerability Triangle

Lecture 88 Cybersecurity Risks

Lecture 89 Cybersecurity Threats

Lecture 90 Question on Cybersecurity Threats 1

Lecture 91 Question on Cybersecurity Threats 2

Lecture 92 Question on Cybersecurity Threats 3

Lecture 93 Question on Cybersecurity Threats 4

Lecture 94 IT Management and Governance Controls Against Cybersecurity Threats

Lecture 95 Application and Access Controls

Lecture 96 Technical IT Infrastructure Controls

Lecture 97 External Connections Controls

Lecture 98 Verifying 3rd Party Information Security

Lecture 99 Illicit Software Use

Lecture 100 Insider Threat

Lecture 101 Question on Insider Threat

Lecture 102 Question on Data Privacy and Protection

Lecture 103 Cybersecurity Governance and Policies

Lecture 104 Information Security Framework

Lecture 105 The Three Lines of Defense Model in Cybersecurity

Lecture 106 Question on Cybersecurity Governance and Policies

Section 4: Information Technology

Lecture 107 The Layers Model of IT Management

Lecture 108 Systems Development Life Cycle (SDLC) Model

Lecture 109 Auditing the Systems Development Life Cycle (SDLC) Model

Lecture 110 Types of Systems Development Methods

Lecture 111 Waterfall Method

Lecture 112 Spiral Method

Lecture 113 Rapid Development

Lecture 114 Agile Method

Lecture 115 Question on Types of Systems Development Methods

Lecture 116 Application Testing Methods

Lecture 117 Question on Application Testing Methods

Lecture 118 Databases - Terminology

Lecture 119 Relational Databases

Lecture 120 Software and Application Controls

Lecture 121 Common Applications

Lecture 122 IT Reporting Structure

Lecture 123 IT Control Framework - COBIT

Lecture 124 IT Control Framework - COBIT Principles

Lecture 125 IT Infrastructure

Lecture 126 Business Continuity and Disaster Recovery Planning (BCP-DRP)

Lecture 127 Question on Business Continuity and Disaster Recovery Planning (BCP-DRP)

Lecture 128 Data Backup and Recovery Controls

Section 5: Financial and Management Accounting

Lecture 129 Aspects of Finance and Accounting

Lecture 130 Qualities of Financial Information

Lecture 131 Dual-entry Accounting

Lecture 132 Exercise on Dual-entry Accounting

Lecture 133 Cash-basis and Accrual-basis Accounting

Lecture 134 Financial Statements

Lecture 135 Financial Statement Assertions

Lecture 136 Revenue Recognition - Point of Sale Recognition

Lecture 137 Revenue Recognition - Instalment Sales Method

Lecture 138 Revenue Recognition - Cost Recovery Method

Lecture 139 Revenue Recognition - Completed Contract Method

Lecture 140 Revenue Recognition - Percentage of Completion Method

Lecture 141 Strait Line Depreciation

Lecture 142 Activity Method Depreciation

Lecture 143 Accelerated Depreciation

Lecture 144 Sum-of-the-year's-digits Depreciation

Lecture 145 Lessee Lease Methods

Lecture 146 Lessor Lease Methods

Lecture 147 Types of Ratio Analyses

Lecture 148 Debt and Leverage Ratios

Lecture 149 Liquidity Ratios

Lecture 150 Question on Liquidity Ratios

Lecture 151 Net Working Capital

Lecture 152 Profitability Ratios

Lecture 153 Return on Assets

Lecture 154 Price to Earnings Ratio (PE Ratio)

Lecture 155 Book Value Per Common Share

Lecture 156 Investment Valuation Ratios

Lecture 157 Activity Ratios

Lecture 158 Capital Structure and Budgeting

Lecture 159 Present and Future Value

Lecture 160 Net Present Value (NPV) and Internal Rate of Return (IRR)

Lecture 161 Payback Period

Lecture 162 Accounting Rate of Return (IRR)

Lecture 163 Responsibility Accounting

Lecture 164 Cost Accounting Terminology

Lecture 165 Cost Accounting - Types of Costs

Lecture 166 Cost-Volume-Profit (CVP) Analysis

Lecture 167 Product Costing Systems

Lecture 168 Cost Allocation and Cost Accumulation Systems

Lecture 169 Activity Based Costing (ABC)

Lecture 170 Question on Cost Allocation and Cost Accumulation Systems

Students preparing for the Certified Internal Auditor (CIA) exam.,Internal auditors.,External auditors.,Financial controllers or management accountants.,Finance, accounting or business students.,Risk managers.,Accountants (CPA, ACCA, Chartered Accountants, etc.).,Anyone working with internal auditors or undergoing an internal audit.