Wiley CIA Exam Review Focus Notes: Internal Audit Activity's Role in Governance, Risk and Control (Wiley Cia Exam Review. Volume 1)

The Certified Internal Auditor (CIA) is the only globally accepted certification designation for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing field. The Wiley CIA Exam Review Focus Notes, Volume 1: Internal Audit Activity's Role in Governance, Risk, and Control complements and supplements the existing Wiley CIA Exam Review books and prepares you for Part 1 of the CIA Exam with helpful outlines, concepts, tools and techniques, and standards. Wiley CIA Exam Review Focus Notes: Internal Audit Activity’s Role in Governance, Risk, and Control Volume 1......Page 6 Contents......Page 8 Preface......Page 10 About the Author......Page 12 MANAGING AN INTERNAL AUDIT FUNCTION......Page 14 INTERNATIONAL STANDARDS FOR THE PROFESSIONAL PRACTICE OF INTERNAL AUDITING (STANDARDS)......Page 30 IIA’S ATTRIBUTE STANDARDS......Page 32 IIA’S CODE OF ETHICS......Page 39 MANAGING THE INTERNAL AUDIT ACTIVITY......Page 41 PLANNING......Page 42 COMMUNICATION AND APPROVAL......Page 44 RESOURCE MANAGEMENT......Page 45 POLICIES AND PROCEDURES......Page 46 COORDINATION......Page 47 REPORTING TO THE BOARD AND SENIOR MANAGEMENT......Page 51 NATURE OF WORK......Page 54 RISK MANAGEMENT......Page 56 CONTROL......Page 60 GOVERNANCE......Page 77 ETHICS/COMPLIANCE......Page 81 IIA’S PERFORMANCE STANDARDS......Page 83 CORPORATE GOVERNANCE PRINCIPLES......Page 85 ALTERNATIVE CONTROL FRAMEWORKS OR MODELS......Page 87 ENTERPRISE RISK MANAGEMENT VOCABULARY, CONCEPTS, AND TECHNIQUES......Page 99 RISK/CONTROL IMPLICATIONS OF DIFFERENT ORGANIZATIONAL STRUCTURES......Page 105 RISK/CONTROL IMPLICATIONS OF DIFFERENT LEADERSHIP STYLES......Page 107 CHANGE MANAGEMENT......Page 108 CONFLICT MANAGEMENT......Page 112 MANAGEMENT CONTROL TECHNIQUES......Page 113 TYPES OF CONTROL......Page 114 AUDIT PLANNING......Page 128 PLANNING MATERIALITY......Page 130 DETAILED RISK ASSESSMENT......Page 133 DETERMINING AUDIT OBJECTIVES AND SCOPE......Page 136 PLANNING THE AUDIT WORK......Page 138 IIA’S PERFORMANCE STANDARDS......Page 139 Appendix: Sarbanes-Oxley Act of 2002......Page 144 Index......Page 147 The Certified Internal Auditor (CIA(r)) is the only globally accepted certification designation for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing field. v. 1. Internal audit activity's role in governance, risk, and control v. 2. Conducting the internal audit engagement v. 3. Business analysis and information.