Last Updated: Aug 20, 2026
No. of Questions: 80 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Conducting Internal Audit Engagements | 20% | - Risk-based audit approach - Fieldwork and evidence gathering - Audit planning and objective setting - Audit supervision and review - Working papers and documentation |
| Internal Auditing, Risk and Governance | 15% | - Definition and scope of internal auditing - Corporate governance frameworks - Internal control concepts - Risk management principles and COSO/ERM models - Professional ethics and standards |
| Analytical Review & Audit Tools | 10% | - Ratio and trend analysis - Analytical procedures and comparisons - Data gathering and verification techniques - Computer-assisted audit tools |
| Financial & Operational Auditing | 18% | - Financial statement auditing basics - Compliance auditing and regulatory requirements - Operational efficiency and effectiveness - Revenue, expenditure, and asset cycle audits |
| Specialized Audit Topics | 10% | - IT auditing fundamentals - Fraud risk awareness and detection - Quality assurance in internal audit |
| Reporting & Follow-Up | 15% | - Follow-up and corrective action monitoring - Communicating findings and recommendations - Audit report structure and content - Management response process |
| Audit Sampling & Statistical Analysis | 12% | - Basic statistical concepts - Sample size and selection methods - Evaluation of sampling results - Statistical and non-statistical sampling |
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