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IIA-CIA-Part2 Exam Questions

Exam Name: Practice of Internal Auditing
Exam Code: IIA-CIA-Part2
Related Certification(s): IIA Certified Internal Auditor Certification
Certification Provider: IIA
Actual Exam Duration: 120 Minutes
Number of IIA-CIA-Part2 practice questions in our database: 495 (updated: Apr. 05, 2025)
Expected IIA-CIA-Part2 Exam Topics, as suggested by IIA :
  • Topic 1: Determine engagement procedures and prepare the engagement work program/ Establishing a Risk-based Internal Audit Plan
  • Topic 2: Prepare workpapers and documentation of relevant information to support conclusions and engagement results/ Determine the level of staff and resources needed for the engagement
  • Topic 3: Identify a risk management framework to assess risks and prioritize audit engagements based on the results of a risk assessment/ Communicating and Reporting to Senior Management and the Board
  • Topic 4: Complete a detailed risk assessment of each audit area, including evaluating and prioritizing risk and control factors/ Plan the engagement to assure identification of key risks and controls Proficient
  • Topic 5: Identify significant risk exposures and control and governance issues/ Interpret the types of consulting engagements
  • Topic 6: Describe coordination of internal audit efforts with the external auditor, regulatory oversight bodies/ Determine engagement objectives, evaluation criteria, and the scope of the engagement
  • Topic 7: Evaluate the relevance, sufficiency, and reliability of potential sources of evidence/ Develop checklists and risk-and-control questionnaires as part of a preliminary survey of the engagement area
  • Topic 8: Identify sources of potential engagements/ Describe policies and procedures for the planning, organizing, directing
  • Topic 9: Interpret administrative activities/ Use computerized audit tools and techniques/ Recognize that the chief audit executive communicates the annual audit plan to senior management
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Lenna

11 days ago
The exam was challenging, but Pass4Success prepared me well. Passed with flying colors!
upvoted 0 times
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Blondell

1 months ago
Thrilled to have passed the IIA exam. Pass4Success made all the difference in my preparation.
upvoted 0 times
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Ronna

2 months ago
Pass4Success, you're a lifesaver! Your questions were incredibly relevant to the real exam.
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Casandra

3 months ago
I cleared the IIA Practice of Internal Auditing exam, thanks to Pass4Success practice questions. One question that caught me off guard was about the internal audit function's role in governance and how to ensure compliance. Despite my uncertainty, I passed.
upvoted 0 times
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Eleonore

3 months ago
Short prep time, but Pass4Success materials were comprehensive. Aced the IIA exam!
upvoted 0 times
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Lucy

4 months ago
Just passed the IIA Practice of Internal Auditing exam! Pass4Success practice questions were crucial. There was a question about managing individual engagements, focusing on the audit planning process. I wasn't entirely sure of my answer, but I still passed.
upvoted 0 times
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Denny

4 months ago
Couldn't believe how similar the actual exam was to Pass4Success practice tests. Passed easily!
upvoted 0 times
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Dino

4 months ago
I passed the IIA Practice of Internal Auditing exam, and Pass4Success practice questions were instrumental. A question on fraud risks and controls, particularly about implementing preventive measures, had me second-guessing. Nevertheless, I made it through.
upvoted 0 times
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Chantay

5 months ago
I successfully passed the IIA Practice of Internal Auditing exam with the help of Pass4Success practice questions. One question that puzzled me was about the internal audit function's role in risk management and how to integrate it effectively. Despite my doubts, I passed!
upvoted 0 times
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Jaime

5 months ago
The exam was tough, but I made it! Thanks Pass4Success for the spot-on practice questions.
upvoted 0 times
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Michal

5 months ago
Happy to share that I passed the IIA Practice of Internal Auditing exam. The Pass4Success practice questions were a big help. There was a question about managing individual engagements, specifically on the importance of communication with stakeholders. I found it tricky but still passed.
upvoted 0 times
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Merrilee

6 months ago
I passed the IIA Practice of Internal Auditing exam, thanks to Pass4Success practice questions. One challenging question was about identifying fraud risks and controls, especially in detecting red flags in financial statements. Although I was unsure, I managed to get through the exam.
upvoted 0 times
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Pamella

6 months ago
Pass4Success really came through with their exam prep materials. Helped me pass in no time!
upvoted 0 times
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Lenna

6 months ago
Passed thanks to thorough prep! Last tip: brush up on emerging risks like cybersecurity and how they impact internal audit practices. Pass4Success materials were really helpful for this topic.
upvoted 0 times
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Lawanda

6 months ago
Just cleared the IIA Practice of Internal Auditing exam! The Pass4Success practice questions were invaluable. There was a tricky question on the role of the Chief Audit Executive in managing the internal audit function, particularly in aligning audit activities with organizational goals. I wasn't sure about the best approach, but I still succeeded.
upvoted 0 times
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Avery

7 months ago
Thanks to Pass4Success, I was well-prepared for questions on audit automation. Understand the benefits and risks of using audit software tools.
upvoted 0 times
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Gail

7 months ago
I recently passed the IIA Practice of Internal Auditing exam, and the Pass4Success practice questions were a great help. One question that stumped me was about the key responsibilities in managing individual engagements, specifically how to prioritize audit findings. Despite my uncertainty, I managed to pass!
upvoted 0 times
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Leota

7 months ago
Just passed the IIA Certified: Practice of Internal Auditing exam! So relieved and excited.
upvoted 0 times
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Destiny

8 months ago
Thanks to Pass4Success practice questions, I was able to successfully navigate the IIA Certified Internal Auditor exam. The section on determining engagement procedures and preparing the engagement work program was particularly helpful in my preparation. One question that tested my knowledge in this area was about establishing a Risk-based Internal Audit Plan - it required a strategic approach to prioritize risks effectively.
upvoted 0 times
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Elza

9 months ago
My experience taking the IIA Certified Internal Auditor exam was intense, but ultimately rewarding as I passed with flying colors. The Pass4Success practice questions were instrumental in helping me understand how to establish a Risk-based Internal Audit Plan effectively. One question that gave me pause was about preparing workpapers and documentation to support conclusions - it required a keen eye for detail and thorough organization.
upvoted 0 times
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Jaime

9 months ago
Just passed the CIA exam! One key area was risk assessment. Expect questions on identifying and prioritizing risks. Study risk management frameworks and their application in various scenarios. Thanks to Pass4Success for the spot-on practice questions that helped me prepare efficiently!
upvoted 0 times
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Frankie

10 months ago
I passed the IIA Certified Internal Auditor exam with the help of Pass4Success practice questions. The exam was challenging, but I felt well-prepared thanks to the detailed explanations and practice tests. One question that stood out to me was related to determining the level of staff and resources needed for an engagement. It required careful consideration of various factors to come up with the right answer.
upvoted 0 times
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Free IIA IIA-CIA-Part2 Exam Actual Questions

Note: Premium Questions for IIA-CIA-Part2 were last updated On Apr. 05, 2025 (see below)

Question #1

Which of the following would be most useful for an internal auditor to obtain during the preliminary survey of an engagement on internal controls over user access management?

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Correct Answer: A

Step-by-Step Detailed Explanation:

A . The policy for granting, modifying, and deleting user access:

Correct. Understanding the policy ensures the auditor knows the framework and controls in place.

B . A sample of change request forms:

Useful for testing but not as foundational as reviewing the policy.

C . User access reports reviewed by management:

This evaluates monitoring but does not establish a baseline understanding of controls.

D . A current listing of system users and employees:

Important for reconciliation but secondary to understanding the control framework.

CIA Exam Syllabus Reference:

Domain V: Performing Internal Audit Services -- Preliminary Surveys.


Question #2

The internal audit activity of an insurance company is reviewing six of the company's 11 branches. During the review of the fourth branch that was selected, the internal audit team discovered control breaches that could result in regulatory sanctions if not addressed. How should the internal audit team proceed?

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Correct Answer: C

Question #3

Which of the following engagements is likely to be most appropriate for an organization that is planning an acquisition?

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Correct Answer: C

Due diligence engagements are crucial when planning an acquisition, as they evaluate the financial, operational, and legal aspects of the target entity. This ensures informed decision-making and minimizes acquisition risks. Performance engagements (Option A) focus on efficiency and effectiveness of operations, while system security engagements (Option B) and compliance engagements (Option D) do not address the comprehensive assessment required for acquisitions. The CIA syllabus emphasizes due diligence as a specialized type of consulting engagement (Part 2: Section II).


Question #4

A corporate merger decision prompts the chief audit executive (CAE) lo propose interim changes to the existing annual audit plan to account for emerging risks Which of the following is the most appropriate action for the CAE to take regarding the changes made to the audit plan''

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Correct Answer: D

When proposing interim changes to the annual audit plan due to emerging risks, the most appropriate action for the CAE is to communicate with the CEO and present the revised audit plan to the board for approval. This ensures that senior management is informed and supportive of the changes, and that the board, which holds the ultimate oversight responsibility, formally approves the revised plan. Reference:

The IIA's International Standards for the Professional Practice of Internal Auditing (Standards), Standard 2020 - Communication and Approval.

The IIA's Practice Guide on Engagement Planning.


Question #5

While reviewing the organization's financial year-end processes, an internal auditor discovered an erroneous journal entry. If the error is not addressed, it will result in a material misstatement of the financial records. The internal auditor needs an additional four weeks to complete the audit engagement. How should the auditor communicate this finding?

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Correct Answer: C

The correct approach aligns with the International Standards for the Professional Practice of Internal Auditing (Standards), particularly Standard 2400: Communicating Results. The auditor must promptly discuss material errors to prevent ongoing misstatements. Immediate correction ensures timely remediation and reduces the risk of material misstatement persisting in the financial records. Additionally, if the error is resolved before the engagement concludes, it may not necessitate inclusion in the final report, as per the guidance on handling material findings (Practice Advisory 2410-1). This approach also demonstrates collaboration and alignment with management, fostering trust.


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