The CIA part 2 course syllabus includes the following sections: managing the internal audit activity - 20%, planning the engagement - 20%, performing the engagement - 40%, communicating engagement results and monitoring progress  - 20%.

Lesson 1. Managing internal audit. Planning

Policies and routines for planning, organizing, directing and monitoring internal audit activities. Various administrative activities (budgeting, resourcing, staffing, etc.) of internal audit.

Lesson 2. Developing a Risk-Oriented Internal Audit Plan

Selecting sources of potential internal audit engagements. Risk management framework for assessing risks and prioritizing audit engagements based on risk assessment results. Types of assurance engagements. Types of consulting engagements. Coordination of internal audit with external audit, regulatory oversight bodies and other control functions, and the ability to leverage the work of other assurance providers.

Lesson 3: Communicating results and reporting to senior executive management and the board

Informing management of the audit plan, seeking approval. Significant areas of risk, control and governance on which the head of internal audit should report to the board. Features of the overall effectiveness of internal control and risk management - report to management. Key performance indicators on which the head of internal audit reports periodically to senior executive management and the board of directors.

Lesson 4. Planning the assignment

Defining the purpose of the assignment evaluation criteria and scope of the assignment. Planning the engagement to ensure key risks and controls are identified. Detailed risk assessment for each audit area, including evaluation and prioritization of risk factors and controls. Assignment procedures and prepare a work program. Level of staff and resources required for assignments.

Lesson 5. Performing the assignments

Data collection: risk and control checklists and questionnaires as part of a preliminary survey of audited activities. Sampling and statistical analysis techniques. Analysis and evaluation. Significance, sufficiency and reliability of potential sources of evidence. Analytical approaches and methods of process comparison, analytical review. Working papers and documentation of relevant information to support the findings and results of the engagement, conclusions about the results of the engagement, including assessment of risks and controls.

Lesson 6: Oversight performed on the assignment

Informing about Assignment Results and Risk Acceptance. Preliminary communication with clients on the results of the assignment. Preparation of interim reports on the progress of the assignment. Development of recommendations to improve the organization's performance, increase and maintain its value. Process for communicating the results of the audit engagement and reporting, including the responsibility of the head of internal audit for assessing residual risk. Process for communicating risk acceptance. Performance Monitoring: Evaluating the results of the engagement, including management's action plan, Managing the monitoring and tracking the status of the results of the audit engagement communicated to management and the Board of Directors.

Lesson 7: Part 2 Final Lesson.

Repetition of all topics covered in previous lessons. Practical issues. Test-taking strategies and time management. Preparation for the CIA Part 2 exam.