Newest CIA Complete Exam Questions
And Answers 2026/2027
During an audit engagement, an internal auditor misses a significant risk to the process
under audit and thus does not fully assess the process. How could he have reduced the
fault assigned to him?
He could have met with the entire audit team to identify all the risks and controls in
place for the process.
He could have met with senior management to identify all the risks and controls in place
for the process.
He could have acted as any reasonably prudent and competent internal auditor would
when faced with these circumstances.
He could have identified and tested all the controls in place for the process and
assessed their design and operation. - ANSWER-He could have acted as any
reasonably prudent and competent internal auditor would when faced with these
circumstances.
Which is one way that internal auditors must exercise due professional care during a
consulting engagement?
Consider how to use the consulting engagement to reduce the number of assurance
engagements during the period.
Consider the use of technology-based audit tools and other data analysis techniques.
Consider the amount of time the consulting engagement will take.
Consider the cost of the consulting engagement in relation to potential benefits. -
ANSWER-Consider the cost of the consulting engagement in relation to potential
benefits.
One way to demonstrate due professional care on consulting engagements is to
consider the cost of the consulting engagement in relation to the potential benefits,
according to Implementation Standard 1220.C1. The amount of time the consulting
engagement will take is an objective of audit management. Considering the use of
technology-based audit tools and other data analysis techniques applies to assurance
engagements, per Implementation Standard 1220.A2.
What major skill would be most beneficial to an internal auditor in learning to be an
exceptional communicator?
,Creating compelling conversations to influence others to act
Giving the client the facts and letting them reach their own conclusion
Keeping the audit client informed with email and texts
Becoming likeable in the organization to increase the ability to obtain information -
ANSWER-Creating compelling conversations to influence others to act
Who is responsible for ensuring that a member of the internal audit department
conforms with Standard 1230, "Continuing Professional Development"?
The chief audit executive
The audit committee
Human resources
The individual internal auditor - ANSWER-The individual internal auditor
Implementation Guide 1230 states, "The individual internal auditor is responsible for
conforming with Standard 1230. This includes continuing their education to enhance
and maintain their proficiency."
How should the IIA Global Internal Audit Competency Framework be used if it is to form
a foundation that is equally useful to practitioners, line managers, HR professionals,
trainers, and others?
Considered as an industry-specific best practice
Treated in policy as a mandatory requirement
Considered as a guide
Referred to properly as the ISO certification standard that it is - ANSWER-Considered
as a guide
Given the diversity of professional practice globally, there are practical difficulties in
devising a framework that can be regarded as both fully comprehensive and universally
applicable. As such, this framework should be used as a guide.
The chief audit executive (CAE) determines that specialized skills and expertise are
needed to assess the organization's susceptibility to fraudulent financial reporting.
Which is a potential advantage of co-sourcing related internal audit activities?
Improved timeliness of the internal audit activity
Improved potential for high staff morale
Simplified privacy and confidentiality issues and considerations
Greater process control - ANSWER-Improved timeliness of the internal audit activity
It is incumbent upon the CAE to obtain assistance from experts outside the internal
audit activity to support or complement areas where the activity is not fully proficient.
Co-sourcing and out-sourcing are viable options when the internal audit function cannot
efficiently and effectively fulfill an internal audit activity. However, they typically result in
, a loss of process control can entail additional privacy and confidentiality issues and
considerations. Co-sourcing in particular has potential to undermine staff morale.
Which activity supports due professional care in assurance engagements?
Preferring manual audit tools over the use of computer-assisted tools and other data
analysis techniques
Being alert to specific activities in which irregularities are most likely to occur
Considering the needs and expectations of clients, including the nature, timing, and
communication of assurance engagement results
Forgoing engagements due to a lack of specialized knowledge - ANSWER-Being alert
to specific activities in which irregularities are most likely to occur
Implementation Guide 1220, "Due Professional Care," tells us that due professional
care implies reasonable care and competence, not infallibility or extraordinary
performance. Internal auditors cannot give absolute assurance that noncompliance or
irregularities do not exist. Nevertheless, the possibility of material irregularities or
noncompliance needs to be considered whenever an internal auditor undertakes an
internal audit assignment. Forgoing an engagement due to a lack of specialized
knowledge might be acceptable in consulting engagements but does not uphold due
professional care in assurance engagements. Considering the needs and expectations
of clients is appropriate to consulting engagements but not assurance engagements. In
exercising due professional care, internal auditors must consider the use of technology-
based audit tools and other data analysis techniques.
Which of the following would an internal auditor need to know first to be in line with due
professional care principles for consulting engagements?
The organizational objectives for the consulting engagement
How to provide objective comments about the proposed process or activity
The IIA's Standards
When to perform an engagement without supervision - ANSWER-The IIA's Standards
A working knowledge of The IIA's Standards is needed before any consulting or
assurance activity should be started.
Regarding due professional care in consulting engagements, which of the following
would the internal auditor need to understand the earliest?
Background or nature of the area requested to be reviewed
Possible motivations and reasons of those requesting the service
Needs of management officials, including the nature, timing, and communication of
engagement results
Effect on the scope of the audit plan as previously approved by the audit committee -
ANSWER-Possible motivations and reasons of those requesting the service
And Answers 2026/2027
During an audit engagement, an internal auditor misses a significant risk to the process
under audit and thus does not fully assess the process. How could he have reduced the
fault assigned to him?
He could have met with the entire audit team to identify all the risks and controls in
place for the process.
He could have met with senior management to identify all the risks and controls in place
for the process.
He could have acted as any reasonably prudent and competent internal auditor would
when faced with these circumstances.
He could have identified and tested all the controls in place for the process and
assessed their design and operation. - ANSWER-He could have acted as any
reasonably prudent and competent internal auditor would when faced with these
circumstances.
Which is one way that internal auditors must exercise due professional care during a
consulting engagement?
Consider how to use the consulting engagement to reduce the number of assurance
engagements during the period.
Consider the use of technology-based audit tools and other data analysis techniques.
Consider the amount of time the consulting engagement will take.
Consider the cost of the consulting engagement in relation to potential benefits. -
ANSWER-Consider the cost of the consulting engagement in relation to potential
benefits.
One way to demonstrate due professional care on consulting engagements is to
consider the cost of the consulting engagement in relation to the potential benefits,
according to Implementation Standard 1220.C1. The amount of time the consulting
engagement will take is an objective of audit management. Considering the use of
technology-based audit tools and other data analysis techniques applies to assurance
engagements, per Implementation Standard 1220.A2.
What major skill would be most beneficial to an internal auditor in learning to be an
exceptional communicator?
,Creating compelling conversations to influence others to act
Giving the client the facts and letting them reach their own conclusion
Keeping the audit client informed with email and texts
Becoming likeable in the organization to increase the ability to obtain information -
ANSWER-Creating compelling conversations to influence others to act
Who is responsible for ensuring that a member of the internal audit department
conforms with Standard 1230, "Continuing Professional Development"?
The chief audit executive
The audit committee
Human resources
The individual internal auditor - ANSWER-The individual internal auditor
Implementation Guide 1230 states, "The individual internal auditor is responsible for
conforming with Standard 1230. This includes continuing their education to enhance
and maintain their proficiency."
How should the IIA Global Internal Audit Competency Framework be used if it is to form
a foundation that is equally useful to practitioners, line managers, HR professionals,
trainers, and others?
Considered as an industry-specific best practice
Treated in policy as a mandatory requirement
Considered as a guide
Referred to properly as the ISO certification standard that it is - ANSWER-Considered
as a guide
Given the diversity of professional practice globally, there are practical difficulties in
devising a framework that can be regarded as both fully comprehensive and universally
applicable. As such, this framework should be used as a guide.
The chief audit executive (CAE) determines that specialized skills and expertise are
needed to assess the organization's susceptibility to fraudulent financial reporting.
Which is a potential advantage of co-sourcing related internal audit activities?
Improved timeliness of the internal audit activity
Improved potential for high staff morale
Simplified privacy and confidentiality issues and considerations
Greater process control - ANSWER-Improved timeliness of the internal audit activity
It is incumbent upon the CAE to obtain assistance from experts outside the internal
audit activity to support or complement areas where the activity is not fully proficient.
Co-sourcing and out-sourcing are viable options when the internal audit function cannot
efficiently and effectively fulfill an internal audit activity. However, they typically result in
, a loss of process control can entail additional privacy and confidentiality issues and
considerations. Co-sourcing in particular has potential to undermine staff morale.
Which activity supports due professional care in assurance engagements?
Preferring manual audit tools over the use of computer-assisted tools and other data
analysis techniques
Being alert to specific activities in which irregularities are most likely to occur
Considering the needs and expectations of clients, including the nature, timing, and
communication of assurance engagement results
Forgoing engagements due to a lack of specialized knowledge - ANSWER-Being alert
to specific activities in which irregularities are most likely to occur
Implementation Guide 1220, "Due Professional Care," tells us that due professional
care implies reasonable care and competence, not infallibility or extraordinary
performance. Internal auditors cannot give absolute assurance that noncompliance or
irregularities do not exist. Nevertheless, the possibility of material irregularities or
noncompliance needs to be considered whenever an internal auditor undertakes an
internal audit assignment. Forgoing an engagement due to a lack of specialized
knowledge might be acceptable in consulting engagements but does not uphold due
professional care in assurance engagements. Considering the needs and expectations
of clients is appropriate to consulting engagements but not assurance engagements. In
exercising due professional care, internal auditors must consider the use of technology-
based audit tools and other data analysis techniques.
Which of the following would an internal auditor need to know first to be in line with due
professional care principles for consulting engagements?
The organizational objectives for the consulting engagement
How to provide objective comments about the proposed process or activity
The IIA's Standards
When to perform an engagement without supervision - ANSWER-The IIA's Standards
A working knowledge of The IIA's Standards is needed before any consulting or
assurance activity should be started.
Regarding due professional care in consulting engagements, which of the following
would the internal auditor need to understand the earliest?
Background or nature of the area requested to be reviewed
Possible motivations and reasons of those requesting the service
Needs of management officials, including the nature, timing, and communication of
engagement results
Effect on the scope of the audit plan as previously approved by the audit committee -
ANSWER-Possible motivations and reasons of those requesting the service
