CIA Part 2 · Information Gathering, Analysis, and Evaluation · Free Lesson

Determine whether conditions differ from criteria and evaluate the significance of each finding

Free IIA CIA Part 2 (Internal Audit Engagement) lesson in Information Gathering, Analysis, and Evaluation. 14 min read, ~2,082 words.

A tester finds 7 of 60 purchase orders lacked a second signature. That is a fact, not yet a finding. Whether it belongs in the report, and how loudly, depends on what the policy required, why the gap happened, and what it could cost.

A finding is assembled from four parts, and the exam tests whether you can name which part a stem is describing.

Criteria minus condition equals the gap. Cause and effect explain and price it. A defensible recommendation follows from the cause, not from the condition.

KEY: No criteria, no finding. If you cannot name the standard that was violated, you have an observation of fact, not a difference. When management disputes a finding, the first attack is almost always on the criteria.

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Common mistakes

Bottom line

Exam shortcut

Sort the stem into the four attributes before reading the answer options. Whatever the question asks for, name it: "should have been" is criteria, "we observed" is condition, "because" is cause, "resulting in" or "could result in" is effect. Options that mislabel an attribute are the most common distractors. Stem signals: "no policy existed" means report the criteria gap, not a violation.

The full lesson (about 2,082 words, 14 min read) adds 2 worked examples, all 6 common mistakes, a self-check, free in the app.

Learning objectives

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