,Let’s Connect with Each Other
Web: www.zainacademy.us
Web: www.mzain.org
Email:
Email:
WhatsApp (Messaging & Call): +92 311 222 4261
International Call: +92 311 222 4261
US & Canada Call: +1 646 979 0865
Facebook: https://www.facebook.com/zainacademy
YouTube: https://www.youtube.com/c/zainacademy
LinkedIn: https://www.linkedin.com/in/mzainhabib/
Twitter: https://twitter.com/mzaincpacmacia
Instagram: https://www.instagram.com/mzain.cpa.cma.cia/
Pinterest: https://www.pinterest.com/mzainhabib/
Amazon: https://www.amazon.com/MUHAMMAD-ZAIN/e/B07K2G2R8M
Telegram: https://t.me/ZainAcademy
Tumblr: https://zainacademy.tumblr.com/ 2
Medium: https://medium.com/@muhammad_zain_cpa_cma_cia
, INDEX
Preface………………………………………………………………………………………………………………..4
Certified Internal Auditor (CIA) – US Basic Information………………………………………..5
Letter from Muhammad Zain…………………………………………..………………………………..18
Section A – Foundation of Internal Auditing…………………..………………………………….22
Section B – Independence and Objectivity…………………………………………………..….143
Section C – Proficiency and Due Professional Care……………………………………….....230
Section D – Quality Assurance and Improvement Program……………………………...513
Section E – Governance, Risk Management and Controls………………………………..763
Section F – Fraud Risks……………………………………………………………………………….…1,241
Books Written By Muhammad Zain……………………………………………………………….1,580
Quotes That Will Change Your Life………………………………………………………………..1,588
About the Mentor………………………………………………………………………………..……….1,596
, PREFACE
All the knowledge possessed by me is a gift from Almighty Allah. The Creator of the Heavens and the earth blessed
me with the success of passing Certified Public Accountant (CPA), Certified Management Accountant (CMA),
Certified Internal Auditor (CIA), and Masters of Business Administration (MBA) exams in 1st attempt. I am profoundly
grateful to my family for providing all the resources and time at their disposal for my enrichment morally, physically,
and spiritually. I am also thankful to my teachers, who delivered their knowledge, wisdom, and experience.
The knowledge, resources, views, facts, and information presented in this book are a voice from my heart bestowed
by Allah and my experience gained during my entire lifetime. I capitalized hours searching the Internet, Blogs, Social
media, and Wikipedia to update my knowledge and notebook as part of my continuous learning objective. I am
highly indebted to contributors to Google, Blogs, Social Media, and Wikipedia for presenting me with the ocean of
knowledge and insights. The more I dived deep into the ocean, the more I concluded that we human beings are only
given limited knowledge, which is unexplored and undiscovered entirely to this date. This curiosity of mankind is
bringing innovations, discoveries, and ideas. Any resemblance to any copyrighted material available on the planet is
purely coincidental and unintentional. I allow the readers of this book to use it for any related educational purpose
and reproduce the contents as long as the original text in this book is unaltered. I give reasonable assurance that the
information provided in this book is correct according to my knowledge and belief. There may be circumstances
where potential readers challenge the information presented. I welcome these challenges to correct me for future
updates.
May the Lord, Master of the day of Judgement and to whom the sovereignty belongs, bless me more and my
readers in this world and in particular in life hereafter (Ameen).
4
Web: www.zainacademy.us
Web: www.mzain.org
Email:
Email:
WhatsApp (Messaging & Call): +92 311 222 4261
International Call: +92 311 222 4261
US & Canada Call: +1 646 979 0865
Facebook: https://www.facebook.com/zainacademy
YouTube: https://www.youtube.com/c/zainacademy
LinkedIn: https://www.linkedin.com/in/mzainhabib/
Twitter: https://twitter.com/mzaincpacmacia
Instagram: https://www.instagram.com/mzain.cpa.cma.cia/
Pinterest: https://www.pinterest.com/mzainhabib/
Amazon: https://www.amazon.com/MUHAMMAD-ZAIN/e/B07K2G2R8M
Telegram: https://t.me/ZainAcademy
Tumblr: https://zainacademy.tumblr.com/ 2
Medium: https://medium.com/@muhammad_zain_cpa_cma_cia
, INDEX
Preface………………………………………………………………………………………………………………..4
Certified Internal Auditor (CIA) – US Basic Information………………………………………..5
Letter from Muhammad Zain…………………………………………..………………………………..18
Section A – Foundation of Internal Auditing…………………..………………………………….22
Section B – Independence and Objectivity…………………………………………………..….143
Section C – Proficiency and Due Professional Care……………………………………….....230
Section D – Quality Assurance and Improvement Program……………………………...513
Section E – Governance, Risk Management and Controls………………………………..763
Section F – Fraud Risks……………………………………………………………………………….…1,241
Books Written By Muhammad Zain……………………………………………………………….1,580
Quotes That Will Change Your Life………………………………………………………………..1,588
About the Mentor………………………………………………………………………………..……….1,596
, PREFACE
All the knowledge possessed by me is a gift from Almighty Allah. The Creator of the Heavens and the earth blessed
me with the success of passing Certified Public Accountant (CPA), Certified Management Accountant (CMA),
Certified Internal Auditor (CIA), and Masters of Business Administration (MBA) exams in 1st attempt. I am profoundly
grateful to my family for providing all the resources and time at their disposal for my enrichment morally, physically,
and spiritually. I am also thankful to my teachers, who delivered their knowledge, wisdom, and experience.
The knowledge, resources, views, facts, and information presented in this book are a voice from my heart bestowed
by Allah and my experience gained during my entire lifetime. I capitalized hours searching the Internet, Blogs, Social
media, and Wikipedia to update my knowledge and notebook as part of my continuous learning objective. I am
highly indebted to contributors to Google, Blogs, Social Media, and Wikipedia for presenting me with the ocean of
knowledge and insights. The more I dived deep into the ocean, the more I concluded that we human beings are only
given limited knowledge, which is unexplored and undiscovered entirely to this date. This curiosity of mankind is
bringing innovations, discoveries, and ideas. Any resemblance to any copyrighted material available on the planet is
purely coincidental and unintentional. I allow the readers of this book to use it for any related educational purpose
and reproduce the contents as long as the original text in this book is unaltered. I give reasonable assurance that the
information provided in this book is correct according to my knowledge and belief. There may be circumstances
where potential readers challenge the information presented. I welcome these challenges to correct me for future
updates.
May the Lord, Master of the day of Judgement and to whom the sovereignty belongs, bless me more and my
readers in this world and in particular in life hereafter (Ameen).
4
