r/InternalAudit

I'm not really trying to spend much for an additional credential but I'm also trying to pass it on my first try. I see there are multiple study packages-- Which ones did you go with? Or did you use an alternate study method?

https://www.acfe.com/training-events-and-products/cfe-exam-preparation/cfe-exam-prep---study-on-your-own-options

Hi everyone, hope you're doing well.

Passed Part 1 earlier this year after scoring 61% and 67% in the IIA Practice Questions.

I have the CIA Part 2 Exam scheduled for this Saturday, and took 72% and 71% on the practice questions for Part 2.

I use Gleim as study materials and since Part 1 ended I realized low Mock Exams scores do not necessarily indicate a poor understanding, so I took practice questions for Part 2 despite scoring 67% on both.

Has anyone gone through a similar situation? If you passed Part 2 recently, would you have any tips?

Another thing I have is uncertainty over the Practice Questions I bought. When I took Part 1 back in April.and bought the questions, I don't recall choosing 2019 x 2025 versions, and don't know honestly which exam I took. This time I purchased Part 2 questions, don't recall if I needed to choose a version for buying them, but saw an alert about exams prior to December this year following 2019 guidance. Do you have details over these versions?

The Problem that every CA knows but no one talks about

If you’re a CA doing bank audits, you know the pain:
Concurrent audits require REAL-TIME documentation of branch observations, loan file reviews, and compliance checks

Most articles clearly do not know what to check when performing concurrent audit. All they do is to refer prior months report and just check few loan documents.

I know going through the guidance notes of ICAI takes a lot of time and no one wants to go through every single month. Thus I built a tool that will help you to document all required things at one place.

It is very easy for a junior article to pick up and start working, since it has inbuilt RBI guidance simplified. Also, it is cleanly segregated per items that are required for monthly/quarterly/half yearly audit.

What I built!
- No sign up, no internet just complete offline tool
- Easily export and import the data as json within a minute and take it wherever you want
- covers almost all items that will help you to fill out report easily
- Automated NPA calculations, DP and much more
- Audit deficiencies at one place to track month on month

What I feel I should cover, if user needs
- Automated report generation

btw I’m a Chartered Accountant by profession, so I have incorporated as many things that are needed.

Here is the link to the tool:

https://emblemaudit.in/concurrent?utm\_source=reddit&utm\_medium=organic&utm\_campaign=concurrent\_launch

Note: Download Msi jnstalller and click on more info -> run anyway to install

For win 10 & above: Directly use the exe app and run.

Post Body
TL;DR: After 4 years of auditing banks, I built a free concurrent audit documentation tool. No signup, no money, no internet, offline tool where data can be directly exported/imported as json in one go.

See ya! If you like this, upvote as someone else would be searching for this. (Hope so)

How does your audit team obtain access to Amex reporting data for audit testing and analytics?

• Does Internal Audit have direct access to the platform?

• Does Amex offer a role that allows users to view, run, and download reports without administrative or transactional capabilities?

• If so, what role name or permission set is used?

• If not, how does your team obtain the data needed for testing?

I'm looking to understand whether Amex supports a reporting-only access model for Internal Audit and how other organizations have implemented it.

Any insights are much appreciated 🙂

I'm a CPA with 10+ years of experience across finance, external audit, internal audit and advisory.

I'm currently in a very..VERY small internal audit function. The role is stable, very low stress (aside from a not so great manager) and provides a lot of autonomy, but there is limited interaction with other audit professionals and little to no structured professional development or methdology.

There isn't much opportunity for peer learning, methodology discussions, team CPD, conferences, or exposure to how other IA functions approach engagements. The work itself has also become fairly routine and boring.

I do some part-time internal audit consulting outside my full time role and I have some capacity to increase that work and could also independently invest in IIA membership, CPD, Global Internal Audit Standards training, conferences, etc.

I'm considering a Senior Internal Auditor opportunity with a larger organization that appears to have a much more mature IA function, a larger team, broader audit exposure and more opportunities to learn from other auditors.

The downside is that it would be a more demanding role, with somewhat less attractive overall compensation/benefits and likely more stress and longer commute.

I'm not particularly interested in climbing the corporate ladder for its own sake. My main concern is staying technically current, continuing to develop as an auditor, doing interesting work and being part of a professional environment where I can learn from others.

For those who have worked in both small/isolated IA functions and larger, more mature IA teams:

• How significant is the professional-development difference in your experience?
• Can you realistically compensate for a small IA environment through consulting, IIA membership and self-directed CPD?
• Or is there something about being embedded in a larger IA team that you simply can't replicate on your own?
• Would you take the more challenging role primarily for the professional development, even if the lifestyle and compensation were somewhat worse?

I'd particularly appreciate perspectives from people who have deliberately chosen either career development over comfort or work-life balance over professional growth.

Edited to add the following as i feel the original post was too focused on professional growth being the biggest factor.

The management situation is probably my biggest frustration. I don't feel like my manager is particularly strong from an IA perspective, and I don't get much technical discussion, coaching or challenge from her. I've tried to bring forward ideas about improving our methodology and how we operate, but there doesn't seem to be much appetite to change anything. Since we're basically a two-person function, that means there's very little else around me to compensate for it. Honestly, if I had a strong IA manager who wanted to build the function and challenge me, I might be perfectly happy staying.

Just wondering how long it takes to receive your CIA certificate?

Hello everyone, I am an IT Auditor with about 7 years total experience but 3 in IT Auditor. I ama senior now and have a pathway to Lead or Manager in 2-3 years.

I do a lot 70% SOX, 20% Ops Audit and 10% doing fun stuff like AI Enablement projects.

I enjoy the AI Enablement stuff more than what I do mostly. I am tired of the hostile findings conversations, boring audits. I want to pivot to heavy AI audit or AI Governance.

I am a little bit confused on what a pathway looks like since it is relatively new. What are some skills and knowledge I should gather and where can I learn more.

Has anyone tried the new LMS (Learning Portal) from IIA India for CIA exam mock tests and other study materials? It’s being offered free to members.

Would appreciate any feedback on whether it’s worth checking out and incorporating into the study schedule, or if one can simply continue with the usual preparation through Gleim or Hock.

I received an email about it, and my IIA membership is still active. However, I am somehow unable to access the portal. They have provided an email ID to reach out to in case of any issues, but before I do that, I wanted to check with the community, is the content and the mock tests worth exploring?

Would love to hear from anyone who has already tried it. Thanks.

How was your experience working as IA for Non-Profit?

During testing, an internal auditor finds inconsistent handling of organizational personal data and expands the audit scope to include a review of controls over client data. Would it be acceptable to include "conducted in accordance with the Global Internal Audit Standards" in the audit report? 
A. Yes, as long as the scope of the audit was expanded to address important risks related to data protection, which is within the auditor’s professional judgment. 
B. No, because the change in scope without proper approval from senior management invalidates the claim of compliance with GIAS.
C. Yes, because expanding the scope to include additional risks enhances the audit’s comprehensiveness and demonstrates adherence to GIAS
D. No, because the expanded scope was not initially included in the audit plan, which means the audit process did not follow the original plan outlined by GIAS

Additionally, my understanding is that internal audit departments can state conformance with the Global Internal Audit Standards during the five-year period between external quality assessments, provided they have completed the required internal assessments.

Also, if management imposes a scope limitation on an engagement, does that necessarily mean the engagement may not have been conducted in accordance with the Standards?

Guys i want hear your experience if you used Becker to get prepared for the CIA challenge exam is it good enough or not?

Hi everyone,

Currently working at an MNC as a Project Engineer with experience in SOX audits, ITGC testing, walkthroughs, control testing, and audit documentation.

I’m currently exploring opportunities in IT Audit / Internal Audit / Risk & Compliance.

I’m open to opportunities across India, especially Hyderabad, Bangalore, Chennai, or remote roles.

If you know of any relevant openings or can refer me, I’d really appreciate it. Please feel free to DM me.

Thanks!

Hi everyone, l recently passed by CIA part 1 and l think reading everyone’s experience on here really helped

l used Gleim only, l was a bit anxious going in because most of the people who failed their first attempt said they used Gleim, l’ve been in the profession for only about a year and l managed to pass considering l’ve studied for 4 months, l had to go in extra prepared so l repeated every question on each section atleast twice and never passed a section without atleast getting a 80-85%

I didn’t use any videos or other providers to be honest, but l did find a CIA game (l’d put it in as a reference but l lost the post and don’t use reddit much) from some other reddit post which helped alot in terms of getting the difference in wording and even went through the standard right before l started studying and at the end of my studies

All in all after seeing peoples advice on understanding the difference in each exam l’d say if you’re using gleim make sure you do understand what is being said because the questions are much different to what you get on Mocks and practice questions, because the structure is completely different especially for the independence and objectivity questions, but the are some familiar questions you find here and there

l didn’t get the mock IIA exams l felt as though the price was unreasonable so l just went in

Good luck to everyone on to Part 2, if anyone has advice on how to approach it please do share. Thanks.

Score released for my exam that I took on 8/7. Unfortunately did not pass part 3, which is my last section. Good luck to everyone!

Any one know how many tries can i take the cia parts?

I failed 3 times in part 1 and passed the rourth

Failed part 2 once

Need to know how many time i can take the exam

I heard that i can retake it 8 times

Do the passing one which i succed in count?

The cia certificate for me is the only chance in my country and my company to get to internal audit department and increase my salary, life style, etc..

So please any one has info just tell me

Hi all - feeling really down today after getting the results. I got 575 first time and 587 now. I am planning a third retake next month after the 30 days. How many times do you tried before passing it?