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IIA-ACCA Exam Questions

Exam number/code: IIA-ACCA

Release/Update Date: 20 Mar, 2025

Number of Questions: Maximum of 604 Questions

Exam Name: ACCA CIA Challenge Exam

Related Certification(s): IIA Certified Internal Auditor Certification

IIA-ACCA Exam Topics - You’ll Be Tested On

The IIA-ACCA exam is a comprehensive assessment designed to evaluate the knowledge and skills of aspiring internal auditors. It covers a range of topics crucial to the profession, including internal audit fundamentals, governance and risk management, operational and compliance audits, and specialized areas such as information technology (IT) and fraud. The exam is structured to test candidates' understanding of these subjects and their ability to apply auditing principles and techniques. It consists of multiple-choice questions and may include case studies, requiring candidates to analyze scenarios and make informed decisions. To prepare for the exam, candidates should focus on developing a strong foundation in internal auditing principles, familiarizing themselves with the latest standards and practices, and practicing with sample questions. The exam aims to ensure that successful candidates possess the skills and knowledge necessary to contribute effectively to the internal audit profession.

Real IIA-ACCA Exam Insights, from Actual Candidates

The IIA-ACCA exam was fast approaching, and I was determined to leave no stone unturned in my preparation. One of the most critical aspects of the exam was understanding the role and responsibilities of the internal audit activity. This topic required a deep understanding of the internal audit function's purpose, objectives, and scope within an organization. I spent countless hours studying the various roles and responsibilities of internal auditors, from providing assurance and consulting services to evaluating and improving the effectiveness of risk management, control, and governance processes. It was a challenging topic, but I knew that a solid grasp of the internal audit activity's role was essential for my success in the exam. With each passing day, I felt more confident in my ability to navigate the complex landscape of internal auditing and contribute to the organization's overall success.
As I continued my journey towards the IIA-ACCA exam, I encountered a new set of challenges in the form of performance management and business acumen. These topics required a different skill set compared to the more traditional auditing concepts I had studied so far. I had to delve into the world of business strategy, financial analysis, and performance evaluation, which were all new territories for me. At first, I felt a bit lost, trying to make sense of the complex business models and financial statements. However, with perseverance and a growth mindset, I gradually started to grasp the key concepts and apply them to practical scenarios. I knew that a strong understanding of performance management and business acumen was essential for my success in the exam, and I was determined to rise to the occasion.
The IIA-ACCA exam was looming on the horizon, and I knew I had to step up my preparation game. One of the most challenging aspects of the exam was the extensive coverage of control environment and control activities. These topics demanded a deep understanding of the various mechanisms and processes that organizations employ to ensure the integrity of their operations. I spent countless hours studying the intricate details of these control systems, often feeling overwhelmed by the sheer volume of information. However, with each passing day, I became more familiar with the key concepts and began to see the bigger picture. I knew that a comprehensive understanding of control environment and control activities was crucial for my success in the exam, and I was determined to leave no stone unturned in my preparation.
As I embarked on my journey towards the IIA-ACCA exam, I was determined to master the vast array of topics it covered. The initial stages of my preparation were focused on understanding the fundamentals of internal auditing, which provided a solid foundation for the more complex topics to come. However, as I delved deeper into the exam syllabus, I encountered challenging concepts such as governance and risk management, which required a nuanced understanding of organizational structures and processes. Despite the initial hurdles, I persevered, knowing that a strong grasp of these concepts was essential for my success in the exam. As I progressed, I found myself becoming more confident in my ability to navigate the complex landscape of internal auditing, and I looked forward to the day when I could put my knowledge to the test.
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