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Wiley CIA Exam Review: Internal Audit Basics Pt. 1 (Wiley CIA Exam Review Series) [Paperback]

S. Rao Vallabhaneni

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Wiley CIAexcel Exam Review 2014: Internal Audit Basics Part 1 (Wiley CIA Exam Review Series) Wiley CIAexcel Exam Review 2014: Internal Audit Basics Part 1 (Wiley CIA Exam Review Series)
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Book Description

2 April 2013 1118120590 978-1118120590 4th Edition
The most comprehensive Certified Internal Auditor Exam preparation guide available One exam, three volumes of preparation. Here is the best source to help you prepare for the Certified Internal Auditor (CIA) exam covering the new syllabus, effective 2013. Wiley CIA Exam Review, Volume 1: Internal Audit Activity′s Role in Governance, Risk, and Control addresses topics such as international standards, internal control and risk, and internal audit engagements, including audit tools and techniques. Includes fully developed theories and concepts, as opposed to superficial outlines found in other study guides Offers indicators that help candidates allot study time based on the weight given to each topic on the exam Indicates the level of difficulty expected for each topic on the exam as either "Awareness" or "Proficiency" so more time and effort can be assigned for the proficiency topics than for the awareness topics Presents highly comprehensive coverage of theory with glossary of technical terms Every volume in the Wiley CIA Exam Review series offers a successful learning system of visual aids and memorization techniques that enable certification candidates to form long–lasting impressions of covered material.

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From the Back Cover

The self-study support you need to pass the CIA Exam Part 1: Internal Audit Basics Provides comprehensive coverage based on the new exam syllabus, along with sample practice multiple-choice questions with answers and explanations Deals with mandatory guidance, including international standards and code of ethics Addresses internal control and risk Covers related standards from the IIA's IPPF Covers internal audit engagements with audit tools and techniques Features a glossary of CIA Exam terms, a good source for candidates preparing for and answering the exam questions Assists the CIA Exam candidate in successfully preparing for the exam Based on the CIA body of knowledge developed by The Institute of Internal Auditors (IIA), Wiley CIA Exam Review 2013 learning system provides a student-focused and learning-oriented experience for CIA candidates. Passing the CIA Exam on your first attempt is possible. We'd like to help. Feature section examines the topics of Mandatory Guidance, Internal Control and Risk, and Conducting Internal Audit Engagements

About the Author

S. RAO VALLABHANENI is an educator, author, publisher, consultant, and practitioner in business with more than thirty years of management and teaching experience in auditing, accounting, manufacturing, and IT consulting in both public and private sectors. He is the author of more than sixty trade books, study guides, review guides, monographs, audit guides, and articles in auditing and IT. He holds twenty–four professional certifications in business management in Accounting, Auditing, Finance, Information Technology, Manufacturing, Quality, and Human Resource fields.

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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 4.1 out of 5 stars  7 reviews
3 of 3 people found the following review helpful
4.0 out of 5 stars Fully Prepared Me, Less Thorough Than CPA Prep 1 Aug 2013
By maggie smith - Published on Amazon.com
Format:Paperback|Verified Purchase
I selected the Wiley Exam Review book to prepare for my CIA exam because I had used them for my CPA exams and found them to be thorough. The material is covered well; however, my complaint is with the practice questions. While the CPA books had hundreds of practice questions, the CIA book for Part 1 had less than 100 practice questions total. I will continue the use the Wiley books to learn the material, but I may need to look elsewhere for practice questions.
1 of 1 people found the following review helpful
5.0 out of 5 stars Great book 31 Jan 2014
By Manish - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
This is a good help for the CIA candidates, and helps a lot to clear the concepts for the exam.
2.0 out of 5 stars Disappoining, Look around before you buy 10 May 2014
By Ironman95 - Published on Amazon.com
Format:Paperback
I just took (and passed) Part 1 after preparing *only* with this book (no notes or CD-ROM). The two stars is because I passed and some of the material may serve as a useful reference later, but in full disclosure this book alone added very little value in preparing for the exam. First, the main material in the book is just a reprint of all the IIA Standards and Practice Advisories. Those are all available on the IIA webpage if you are a member. No discussion or value added, just reprint as far as I could tell. Then the other sections bore little resemblance to the actual test questions. I ended up relying more on gut and experience to pass. I found myself during the exam cursing Wiley/Rao (Author) for passing this off as a good study guide. I'll check with some colleaugues to see if the IIA material is any better. My suggestion though is to look around. This may appear cheaper than other guides on the surface, but once you factor in notes and test bank, I think it is pretty comparable to IIA and others. If this is the best out there, I'm very nervous about taking parts 2 and 3!
3.0 out of 5 stars Need more practice questions! 10 April 2014
By Mark Ashland - Published on Amazon.com
Format:Paperback
The theory is well presented, and required reading, but only 81 multi choice questions for a 125 question exam is absurdly low and definately could make the difference between passing and failing. The exam questions are so tricky passing will be in the low 70%'s range if you do pass. Perhaps Wiley is just trying to force people to buy their Test Bank which is only good for a year. Even that product is unusual though: Part 3 has 60% of the questions for some unknown reason. The parts are roughly equal in length so I would think the test bank parts would be equal too. If anything part 1 is the longest one (125 questions instead of 100 for each of parts 2 and 3) and the one you need to pass to get to the other parts. If you consider the Wiley books as a set of 3, the other parts are slightly better in terms of numbers of questions and they end up with 325 practice questions total in all 3 books for a 325 question exam. In my experience with these types of exams (I passed the CPA, the CFE, and the Md Bar - all on the 1st time), before you take the exam you should do 2 or 3 times the number on the exam. For example, I approached the LSAT and GMAT that way with multiple books and scored extremely high on both. Gleim is better in number of questions although they also have a test bank that's extra.

Yesterday I failed CIA exam part 1 but it was really close to passing: 67% instead of 70% so if only 4 of my wrong answers had been correct I would have passed. I will take it again but now have to wait 3 months. My only assistance was this book --- next time I will somehow get enough of the extra practice questions. Studying them after doing them and learning why you got some wrong is the key to passing this exam. Only 40-45% pass on their 1st time because it's worded so tricky and time becomes a factor also. I got to the end answering every question with reasonable answers but I finished with just 1 minute left from the initial 2.5 hours which made my review of the questions I had flagged after answering almost none at all. Having 5 minutes for reviewing the answers made for the flagged questions is important; that's why doing enough practice questions is important. It enables you to speed through some questions because some of the exam questions were the same or similar from the practice ones. You only get 1 minute 12 seconds for each question and that includes reading the question, reading the 4 possible answers, and making a decision as to the answer you want to go with. That's not a lot of time. The exam itself probably should give you the additional 5 minutes but since it doesn't you have to increase your speed from enough practice. It helps you learn it better than just constantly reading a lot of densely-written theory pages.
1 of 2 people found the following review helpful
5.0 out of 5 stars DECENT but .... 22 Feb 2014
By Keva Griffith - Published on Amazon.com
Format:Paperback|Verified Purchase
The book is formatted after the CIA Exam 2013 structure. However, there is a limited number of multiple choice questions. However it is the best that I have seen so far.
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