The CIA Part 1 Textbook has been updated, and the new files are available for current students to download in My Studies. The significant changes are listed below including page numbers in the new book. If you have any questions about these changes, please contact us and we will be glad to assist you.
You can also learn more about the HOCK CIA Textbooks and other exam prep materials if you are not already a HOCK student.
Page 31: Added lists of the knowledge and skills that an internal auditor should have.
Pages 47-50: Additional discussion about governance, the Board of Directors, and managing stakeholders with regards to governance.
Page 52: Small topic added about the governance process relationship with risk and control.
Pages 57-58: The IAA’s role as an ethics advocate and what is included in a code of conduct.
Page 60: A list of the main aspects of ISO 26000.
Page 61: Added a discussion about the Pyramid of Social Responsibility.
Pages 67-70: Detailed descriptions of risk appetite, risk tolerance, risk capacity, and the influences on a company’s risk appetite.
Page 101: New lists cover the benefits and limitations of internal controls.
Pages 105-106: Added discussion about the segregation of duties along with some examples.
Page 152-153: Appendix D added with a sample code of conduct. Previous Appendix D is now Appendix E.