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IIA-IAP exam is an entry-level certification for individuals who are looking to start their career in internal audit. IIA-IAP exam covers topics such as internal audit basics, risk management, fraud, and internal controls. Internal Audit Practitioner certification is recognized globally and is valid for three years, with a requirement of 20 hours of CPE each year to maintain certification.
IIA-IAP (Internal Audit Practitioner) exam is a globally recognized certification that assesses the knowledge and skills of individuals who are new to the internal audit profession. IIA-IAP exam is designed to test the fundamental concepts and principles of internal auditing and is an excellent starting point for individuals who aspire to become internal auditors.
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The Internal Audit Practitioner (IAP) Certification Exam is designed for individuals who are just starting their career in internal auditing. IIA-IAP exam is offered by the Institute of Internal Auditors (IIA), which is the leading professional association for internal auditors around the world. The IAP certification is a great way to demonstrate your knowledge and commitment to the internal auditing profession.
Reference: https://www.theiia.org/en/certifications/iap/
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IIA IIA-IAP Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Planning the Engagement | 25% | - Engagement Objectives and Scope - Assignment of Resources and Timeline - Determining Audit Procedures - Risk Assessment and Controls Identification |
| Communicating Engagement Results | 25% | - Corrective Action Tracking - Final Communication - Exit Conference - Drafting Findings and Recommendations |
| Monitoring Progress | 15% | - Reporting on Action Plans - Follow-up Process - Closure of Engagement |
| Foundations of Internal Auditing | 25% | - Relationship between Internal Audit and External Audit - Mandatory Guidance - Purpose of Internal Auditing - IIA Standards - Code of Ethics |
| Managing the Internal Audit Function | 25% | - Resource Management - Quality Assurance and Improvement Program - Coordination with External Auditors and Regulatory Bodies - Risk-based Audit Planning |
| Performing the Engagement | 25% | - Evidence Gathering - Control Testing - Documentation - Supervision and Review - Data Collection and Analysis |
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