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Thread Title: CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
Created On Tuesday November 01, 2011 7:14 AM
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA
  CIA Program will change from Mid 2013- Current Candidates will get plenty of time to complete CIA


Akhil


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Tuesday November 01, 2011 7:14 AM

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FAQ – CIA Content Changes

General

1. What is changing?
The following changes have been approved by the Professional Certifications Board (PCB) and
the Board of Directors:
a. The CIA exam will change from a 4 part exam to a 3 part exam.
b. There will be no provisions for recognition credit for any part of the exam.

2. What is the new content outline?
Part 1 – Internal Auditing Basics
This would be a two and ½ hour, one-part exam consisting of 125 questions. Topics would focus
on:
? IIA Mandatory Guidance
? Internal Control and Risk
? Tools and Techniques for Conducting the Audit Engagement.

Part 2 Exam: Internal Audit Practice
This would be a two-hour, 100 question exam, and focus on the following:
? Managing the internal audit function
? Managing individual engagements
? Fraud risks and controls

Part 3 Exam: Internal Audit Knowledge Elements
This would be a two-hour, 100 question exam, and focus on the following:
? Governance
? Risk Management
? Organizational Structure and Business Processes
? Communication
? Leadership
? IT/Business Continuity
? Financial Management
? Global Business Environment

3. Are there more detailed content outlines available?
Yes. The specific content outlines can be reviewed on the certification webpage.

4. Why is The IIA changing the content of the CIA?
As part of the on-going examination process, in 2011, The IIA conducted a Job Analysis Study
(JAS) for the CIA exam. This JAS determined that the body of knowledge related to the
profession of internal auditing had changed since the last exam content change in 2004 and
therefore, the content of the CIA exam should be updated to reflect those changes.

5. How was the new content determined?
As part of the JAS, more than 40,000 internal auditors globally were surveyed to determine the
knowledge, skills and competencies required of today’s internal auditors. More than 100
knowledge statements were identified that addressed the following topics:
a. Governance, Risk and Control Knowledge Elements
b. Information Technology Audit Engagement Elements
c. Fraud Knowledge Elements
d. Business Process and Performance Elements
e. Financial Accounting and Finance Elements
f. Managerial Accounting Elements
g. Regulatory, Legal, and Economic Elements
h. Management and Strategic Management Skill Elements
For each knowledge statement, participants were asked to indicate the level of competency
required of their position.
Participants were also presented with a list of task statements related to the following areas:
a. Planning and Conducting the Annual Risk Assessment
b. Developing the Annual Audit Plan
c. Planning and Conducting Individual Internal Audit Engagements
d. Using Interpersonal Skills
For each task statement, participants were asked how often each task was performed and how
important each task was to their position.

6. When will the new content be tested?
The new content and 3 part structure is expected to be in place in mid-2013.

7. When will the review materials be available?
The preparation of review materials is independent from the exam development process. The
final content outline has been released to the review providers effective October 10, 2011.
They should begin work on the revised review materials so they will be available in plenty of
time to prepare for the exams beginning in mid-2013.

8. What happens if I am already in the program?
The specific transition processes related to individuals already in the program are being finalized
and should be available by January 1, 2012. By giving more than 18 months notice to current
candidates, it is hoped that the impact on those already enrolled in the program or already
having completed parts of the exam will be minimal. As more information is finalized, it will be
made available on the web pages and through specific FAQ’s like this one.

9. What happens to Part 4 credit recognition?
There will no longer be a provision for credit recognition in the CIA program for other
certifications.

10. Are the entry requirements the same?
Yes – at the present time, there are no changes to the entry requirements.

11. Are the experience requirements the same?
Yes – in order to receive the CIA certification, you would need 2 years of professional
experience. You may still sit for the exam prior to completing the experience requirement.

12. Will the CIA exam continue to be offered in 20 languages?
At the present time, the plan is to continue to offer the CIA exam in all languages where there is
a demand. There are no specific plans to eliminate any of the current languages at this time.

13. Is there any impact on the content of the other IIA certification exams (CCSA, CGAP, CFSA)?
At the present time, no content changes are expected in the body of knowledge for the specialty
exams. Should the PCB determine a Job Analysis Study is appropriate for any of the specialty
exams, the process would be similar to the one described in Q#5 above and candidates should
expect a similar notice of changes prior to implementation.

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Akhil


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Tuesday November 01, 2011 7:14 AM

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http://www.theiia.org/certification/certified-internal-auditor/2013-cia-changes/

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nicktheguy


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Wednesday December 14, 2011 7:19 PM

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What? No more crappy, irrelevant Part 3 exam?

HIGH FIVE!!!

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Akhil


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Wednesday December 28, 2011 5:34 AM

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No, complete part 3 topics are there..what they are doing is simply restructure the topics here and there..many topics remain the same.

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sharmapunit3


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Wednesday March 07, 2012 6:56 AM

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Dear Akhil
Thank you for the information, as I am about to begin my journey for CIA I don´t really understand the consequences of these changes.
I have obtained used Part1-2008 & Part2-4 2009 Gliem study books along with testCD 13th edition.

I have not registered my self for any exams yet, I will aim to appear in;
Part1 July/2012
Part2 Oct /2012
Part3 Jan/2013

will this new change affect to me anywhere? will the study material I specifid above be sufficient to pass the exams? I do understand that testCD edition 15th may be good to refer as well, is there anything else I should consider in order to prepare for exams?

Waiting for your reply
Regards,
Punit

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hopingtopass


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Tuesday July 10, 2012 9:55 AM

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Your current study plan shouldn't be affected by this, as long as you pass before the new exam format begins.

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Akhil


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Tuesday September 11, 2012 3:44 AM

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Hi Punit,

Sorry for late reply. I am checking forums after long time. Gleim 13th edition is absolutely same as Gleim 14, 15th and 16 th edition. You can use Gleim 13th edition to pass the exams.

If you clear all your exams before mid 2013, you are done.

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Beto2


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Monday October 29, 2012 6:10 PM

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This could be very risky, if you passed an exam for the "old" version, you ill have till the 27th of December 2013 to conclude the rest of the parts, otherwise your effort will go down the drain.

Either that or you should wait until mid 2013 and start from scratch the "new" parts, but you now run the risk of having an exam that is new and might be too hard to pass since it would be tested on very few people.

I think the 27th of December 2013 deadline is too harsh.

Edited: Monday October 29, 2012 at 6:35 PM by Beto2

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DISCUSSIONS > CERTIFICATION [ REFRESH ]
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