Cima new syllabus 2020

You're referring to the new syllabus for the Certified Internal Auditor (CIA) exam, which is administered by the Institute of Internal Auditors (IIA).

The IIA introduced a new CIA syllabus in 2020, which is designed to reflect the evolving needs of internal auditors and the profession. The new syllabus focuses on the following key areas:

  1. Internal Auditing Standards: The new syllabus places a strong emphasis on the IIA's International Standards for the Professional Practice of Internal Auditing (ISAs) and the International Framework for Assurance Engagements (IFAE).
  2. Risk Management: The syllabus highlights the importance of risk management in internal auditing, including risk assessment, risk mitigation, and risk monitoring.
  3. Governance and Compliance: The new syllabus emphasizes the role of internal auditing in ensuring effective governance and compliance with laws, regulations, and organizational policies.
  4. Business Acumen: The syllabus requires candidates to demonstrate a deeper understanding of business operations, including financial management, strategic planning, and organizational behavior.
  5. Communication and Collaboration: The new syllabus places a greater emphasis on the importance of effective communication and collaboration between internal auditors and stakeholders.

The new CIA syllabus consists of three parts:

Part 1: Internal Auditing Standards and the Internal Audit Activity

Part 2: Governance, Risk Management, and Control

Part 3: Business Acumen and Communication

The new CIA syllabus is designed to assess a candidate's ability to apply internal auditing standards, risk management principles, and business acumen to real-world scenarios.