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Internal Audit Practice: This section tests a candidate's ability to apply internal audit standards and best practices to real-world scenarios. It covers areas such as audit planning, fieldwork, documentation, and reporting.
IIA-CHAL-ACCTG exam consists of 125 multiple-choice questions and is administered in a computer-based format. IIA-CHAL-ACCTG exam covers a variety of topics, including internal audit and risk management, financial accounting and reporting, governance and organizational structure, and business processes and operations. Candidates have four hours to complete the exam.
| Section | Objectives |
|---|---|
| Topic 1: Business Knowledge for Internal Auditing | - Information technology fundamentals - Financial accounting and reporting basics - Business processes and controls |
| Topic 2: Essentials of Internal Auditing | - Internal audit function fundamentals - Governance and risk concepts - Ethics and professional standards |
| Topic 3: Practice of Internal Auditing | - Evidence collection and documentation - Risk-based auditing techniques - Audit engagement planning and execution |
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