CIA Aptitude Test case studies

CIA Aptitude Test · Put your knowledge to work in context.

The Certified Internal Auditor (CIA) credential is the global professional designation for internal auditors, awarded by the Institute of Internal Auditors (IIA). It signals that a practitioner can plan and supervise engagements, apply the International Standards for the Professional Practice of Internal Auditing, and advise on governance, risk, and control. The CIA Aptitude Test case studies are 5 cases and about 4,819 words.

The Borrowed Controller and the Inventory Audit

Golden Harvest Foods' internal audit activity has six auditors. The CAE reports functionally to the audit committee but administratively to the CFO, who sets the budget and approves travel.

1,041 words, about 5 min 2

A Quality Program Held Together by a Checklist

Metro Transit Authority's internal audit activity has four auditors and a co-sourced CAE three days a week. It completed 18 engagements last year.

1,002 words, about 5 min 3

The Procurement Card Analytics Before the Deadline

Northline University's internal audit is reviewing procurement-card use in its facilities department. Analytics on 9,200 transactions identified 47 purchases between 4,750 and 4,999-just below the 5,000 manager-approval threshold-and 12 pairs of purchases from the same vendor within three days that together exceed 5,000.

955 words, about 5 min 4

Shrinkage, Shared Logins, and a Premature Termination

At Lakeside Distribution, annual inventory shrinkage rose from 1.2% to 3.8% of 42 million inventory, a 1.1 million increase. The warehouse supervisor has authority to post cycle-count adjustments up to 75,000 per month without review; 11 adjustments this quarter totaled 640,000.

895 words, about 4 min 5

Closing High-Risk Findings on a Promise

A regional bank's internal audit completed a branch audit and rated it 'needs improvement' with 14 findings, including four high-risk: unapproved wire transfers, shared teller credentials, missing dual control on vault, and stale customer due-diligence files. Management's response lists one owner-the branch manager-and a target date of 'Q3' for all 14 items, with no interim milestones.

926 words, about 5 min