IIA IIA-CIA-Part1 Practice Exams
Last updated on Oct 22,2026- Exam Code: IIA-CIA-Part1
- Exam Name: CIA Exam Part One: Essentials of Internal Auditing
- Certification Provider: IIA
- Latest update: Oct 22,2026
Which of the following practices, applied by the chief audit executive {CAE), most likely indicates an effective continuing professional educational program for the internal audit activity?
- A . The CAE tasks internal auditors with coordinating assurance activities with other providers across the organization.
- B . The CAE encourages auditors to volunteer to support research work of the local professional institute.
- C . The CAE requires auditors to periodically attest to the profession’s Code of Ethics.
- D . The CAE reminds auditors to ensure workpapers are completed for audit engagements.
According to IIA guidance, which of the following statements is true regarding risk management in an organization?
- A . The risk management function has the sole responsibility for identifying and managing risks in all departments
- B . Risk management is a core responsibility of the internal audit activity
- C . The internal audit activity should consider the organization’s maturity, structure, and the competitive environment to establish the organization’s risk appetite
- D . The internal audit activity may use a risk management or control framework to assist in risk identification
A series of incidents over the past year reveals several members of senior management possess a limited understanding of the concept and impact of fraud.
Which of the following would be the most effective way to approach this issue?
- A . The board should ask the internal audit activity to perform additional assurance engagements.
- B . A comprehensive fraud risk assessment and management program should be carried out.
- C . The organization should conduct training sessions on fraud, which should be attended by senior management and staff.
- D . Anti-fraud and whistleblowing policies should be implemented and their importance should be clearly stated.
A series of incidents over the past year reveals several members of senior management possess a limited understanding of the concept and impact of fraud.
Which of the following would be the most effective way to approach this issue?
- A . The board should ask the internal audit activity to perform additional assurance engagements.
- B . A comprehensive fraud risk assessment and management program should be carried out.
- C . The organization should conduct training sessions on fraud, which should be attended by senior management and staff.
- D . Anti-fraud and whistleblowing policies should be implemented and their importance should be clearly stated.
A snow removal company is conducting a scenario planning exercise where participating employees consider the potential impacts of a significant reduction in annual snowfall for the coming winter.
Which of the following best describes this type of risk?
- A . Residual.
- B . Net.
- C . Inherent.
- D . Accepted.
Which principle of the HA Code of Ethics focuses on continuing education and professional development?
- A . Due professional care
- B . Professionalism
- C . Proficiency
- D . Competency
An internal audit team analyzed the organization’s value-at-risk model during an assurance engagement and suggested several useful improvements. Management was impressed by the internal audit team’s work and requested additional actions.
Which of the following requested actions would impact internal audit independence most severely if fulfilled?
- A . Assess the effectiveness of the model at least semi-annually.
- B . Modify model inputs and suggest courses of action based on outcomes.
- C . Employ acquired experience to test other models used by the company.
- D . Validate whether model outputs serve the purpose stated by the model.
To meet the resource requirements of this year’s internal audit plan, the chief audit executive (CAE) has recruited additional staff auditors, including an employee who resigned as a senior supervisor from the accounts payable department two months ago. There is a scheduled accounts payable review that the CAE wants to start within the next five months.
Which approach should the CAE take, knowing the expertise of his new recruit in the area intended to be audited?
- A . Have the new internal auditor’s previous boss be excused from the area during fieldwork.
- B . Have the new internal auditor be responsible for the planning of the audit as well as the review of the audit fieldwork.
- C . Have the new internal auditor assigned to other responsibilities and not work on the accounts payable audit engagement.
- D . Have the new internal auditor assist with conducting the fieldwork, but ensure that her work is reviewed by the CAE.
Which of the following would be addressed in the internal audit charter?
- A . Expertise requirements for internal auditors
- B . Functional and administrative reporting lines for the chief audit executive
- C . Audit engagements to be completed in the next fiscal year
- D . Budget requirements for each engagement
Which of the following would be addressed in the internal audit charter?
- A . Expertise requirements for internal auditors
- B . Functional and administrative reporting lines for the chief audit executive
- C . Audit engagements to be completed in the next fiscal year
- D . Budget requirements for each engagement