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 Course Materials

Lecture 3 CIA Part 3 Tips & Tricks

Lecture 4 Certification Overview

Lecture 5 Exam Planning

Lecture 6 Awareness and Proficiency of the Course Content

Lecture 7 Exam Format and Strategy

Lecture 8 CIA Part 3 Syllabus

Section 2: Business Essentials

Lecture 9 Strategic Planning

Lecture 10 Setting the Strategy and Objectives

Lecture 11 Competitive Strategies

Lecture 12 Strategic Considerations to Compete in a Market

Lecture 13 Key Performance Indicators

Lecture 14 Balanced Scorecard

Lecture 15 Leading, Coincident and Lagging Indicators

Lecture 16 KPI Targets

Lecture 17 Steps to Developing KPIs

Lecture 18 Productivity

Lecture 19 Organizational Behavior

Lecture 20 Motivation

Lecture 21 Maslow's Hierarchy of Needs

Lecture 22 Herzberg's Motivation-Hygiene Theory

Lecture 23 McGregor's Theory X and Theory Y

Lecture 24 Locke and Latham's Goal-Setting Theory

Lecture 25 Skinner's Reinforcement Theory

Lecture 26 Question on Skinner's Reinforcement Theory

Lecture 27 Definitions of Organizational Structure and Culture

Lecture 28 Reinforcing Organizational Culture

Lecture 29 Big Five Traits Theory

Lecture 30 Myers-Briggs Type Indicators

Lecture 31 Job Design

Lecture 32 Leadership vs Management Skills

Lecture 33 Management Control Techniques

Lecture 34 Bases of Power

Lecture 35 Leadership Grid

Lecture 36 Centralized vs Decentralized

Lecture 37 Departmentalization

Lecture 38 Business Processes - Sales

Lecture 39 Business Processes - Procurement

Lecture 40 Project Management Lifecycle

Lecture 41 Project Management Lifecycle Pain Curve

Lecture 42 Project Management Lifecycle Curve

Lecture 43 Project Management Triangle

Lecture 44 Gantt Charts and Project Network Analysis

Lecture 45 Theory of Constraints

Lecture 46 Program Evaluation Review Technique (PERT) - Critical Path Method (CPM)

Lecture 47 Contract Elements

Lecture 48 Contract Elements to Verify

Lecture 49 Contract Pricing Forms

Lecture 50 Question on Contract Pricing Forms

Lecture 51 Definition of Data Analytics

Lecture 52 Data and Information Security Governance

Lecture 53 Challenges of Data Analytics and Big Data

Lecture 54 Question on Challenges of Data Analytics and Big Data 1

Lecture 55 Question on Challenges of Data Analytics and Big Data 2

Lecture 56 Descriptive Data Analytics

Lecture 57 Diagnostic Data Analytics

Lecture 58 Predictive Data Analytics

Lecture 59 Prescriptive Data Analytics

Lecture 60 Data Analytics Process

Lecture 61 Use of Data Analytics in Internal Audit

Lecture 62 Question on Use of Data Analytics in Internal Audit

Lecture 63 Question on Use of Data Analytics in Internal Audit

Section 3: Information Security

Lecture 64 Definition of Information Security

Lecture 65 Data Integrity, Confidentiality and Data Availability

Lecture 66 IT General Controls

Lecture 67 Segregation of IT Duties

Lecture 68 Question on Segregation of IT Duties

Lecture 69 Threats and Controls to Physical Security

Lecture 70 Question on Threats and Controls to Physical Security 1

Lecture 71 Question on Threats and Controls to Physical Security 2

Lecture 72 Identity Access Management

Lecture 73 Access and Authorization Controls - Risks

Lecture 74 Identity Access Management - Activities

Lecture 75 Authentication

Lecture 76 IT Departmentalization

Lecture 77 Question on IT Departmentalization 1

Lecture 78 Question on IT Departmentalization 2

Lecture 79 Types of Information Security Controls

Lecture 80 Encryption

Lecture 81 Firewalls

Lecture 82 Data Privacy and Protection

Lecture 83 Data Protection Framework

Lecture 84 Question on Data Protection Framework

Lecture 85 Smart Devices and Their Risks

Lecture 86 Question on Smart Devices and Their Risks

Lecture 87 Question on Question on Data Protection Framework

Lecture 88 Asset-Threat-Vulnerability Triangle

Lecture 89 Cybersecurity Risks

Lecture 90 Cybersecurity Threats

Lecture 91 Question on Cybersecurity Threats 1

Lecture 92 Question on Cybersecurity Threats 2

Lecture 93 Question on Cybersecurity Threats 3

Lecture 94 Question on Cybersecurity Threats 4

Lecture 95 IT Management and Governance Controls Against Cybersecurity Threats

Lecture 96 Application and Access Controls

Lecture 97 Technical IT Infrastructure Controls

Lecture 98 External Connections Controls

Lecture 99 Verifying 3rd Party Information Security

Lecture 100 Illicit Software Use

Lecture 101 Insider Threat

Lecture 102 Question on Insider Threat

Lecture 103 Question on Data Privacy and Protection

Lecture 104 Cybersecurity Governance and Policies

Lecture 105 Information Security Framework

Lecture 106 The Three Lines of Defense Model in Cybersecurity

Lecture 107 Question on Cybersecurity Governance and Policies

Section 4: Information Technology

Lecture 108 The Layers Model of IT Management

Lecture 109 Systems Development Life Cycle (SDLC) Model

Lecture 110 Auditing the Systems Development Life Cycle (SDLC) Model

Lecture 111 Types of Systems Development Methods

Lecture 112 Waterfall Method

Lecture 113 Spiral Method

Lecture 114 Rapid Development

Lecture 115 Agile Method

Lecture 116 Question on Types of Systems Development Methods

Lecture 117 Application Testing Methods

Lecture 118 Question on Application Testing Methods

Lecture 119 Databases - Terminology

Lecture 120 Relational Databases

Lecture 121 Software and Application Controls

Lecture 122 Common Applications

Lecture 123 IT Reporting Structure

Lecture 124 IT Control Framework - COBIT

Lecture 125 IT Control Framework - COBIT Principles

Lecture 126 IT Infrastructure

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

Lecture 128 Question on Business Continuity and Disaster Recovery Planning (BCP-DRP)

Lecture 129 Data Backup and Recovery Controls

Section 5: Financial and Management Accounting

Lecture 130 Aspects of Finance and Accounting

Lecture 131 Qualities of Financial Information

Lecture 132 Dual-entry Accounting

Lecture 133 Exercise on Dual-entry Accounting

Lecture 134 Cash-basis and Accrual-basis Accounting

Lecture 135 Financial Statements

Lecture 136 Financial Statement Assertions

Lecture 137 Revenue Recognition - Point of Sale Recognition

Lecture 138 Revenue Recognition - Instalment Sales Method

Lecture 139 Revenue Recognition - Cost Recovery Method

Lecture 140 Revenue Recognition - Completed Contract Method

Lecture 141 Revenue Recognition - Percentage of Completion Method

Lecture 142 Strait Line Depreciation

Lecture 143 Activity Method Depreciation

Lecture 144 Accelerated Depreciation

Lecture 145 Sum-of-the-year's-digits Depreciation

Lecture 146 Lessee Lease Methods

Lecture 147 Lessor Lease Methods

Lecture 148 Types of Ratio Analyses

Lecture 149 Debt and Leverage Ratios

Lecture 150 Liquidity Ratios

Lecture 151 Question on Liquidity Ratios

Lecture 152 Net Working Capital

Lecture 153 Profitability Ratios

Lecture 154 Return on Assets

Lecture 155 Price to Earnings Ratio (PE Ratio)

Lecture 156 Book Value Per Common Share

Lecture 157 Investment Valuation Ratios

Lecture 158 Activity Ratios

Lecture 159 Capital Structure and Budgeting

Lecture 160 Present and Future Value

Lecture 161 Net Present Value (NPV) and Internal Rate of Return (IRR)

Lecture 162 Payback Period

Lecture 163 Accounting Rate of Return (IRR)

Lecture 164 Responsibility Accounting

Lecture 165 Cost Accounting Terminology

Lecture 166 Cost Accounting - Types of Costs

Lecture 167 Cost-Volume-Profit (CVP) Analysis

Lecture 168 Product Costing Systems

Lecture 169 Cost Allocation and Cost Accumulation Systems

Lecture 170 Activity Based Costing (ABC)

Lecture 171 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.