International Organisation for

Professional Qualifications

Brochure

Introduction

03

Syllabus

04

Steps to gaining DipIA

06

FAQ

07

- Entry Requirements
- Fees for the test
- Registration
- Preparation for the test
- Results
- Certification

02

Diploma in International Auditing

On-demand exams through

Pearson VUE

Open-entry UK qualification

Free access to study resources

Diploma in International Auditing (DipIA) is for

Diploma International Auditing is open to everyone

practicing professionals at any field to enhance

regardless of previous educational experience.

their knowledge in international auditing. Diploma

However, it may be of particular interest to:

in

International

Auditing

covers

up-to-date

Accountant or professionals who is looking to

principles and practices of international auditing in

boost

a range of business contexts and situations.

Standards on Auditing

their

knowledge

of

International

A university student considering placements,

careers in the field of accounting or auditing

Someone with a general interest in international auditing.

Syllabus
On completion of this qualification the learner will be able to manage audit assignment effectively. Moreover, professional level skills of audit-report will be developed throughout the unit.

Learning outcomes

Contents

Understand the principles and

Audit of historical financial information, objectives of the independent auditor,

responsibilities of external audit

ISA 200, Overall Objectives of an Independent Auditor and Conduct of an

Audit in Accordance with International Standards on Auditing(ISA), ethical
requirements relating to the audit of financial statements, qualities of an
independent auditor, professional scepticism, professional judgement, code of
ethics for professional accountants, integrity, objectivity, professional
competence and due care;

confidentiality; and

professional behaviour,

sufficient appropriate audit evidence, audit risk, terms of engagement of audit,

acceptance of a change in terms of audit engagement, audit engagement
letter, form and content of an audit engagement letter, audit documentation,
nature and purpose of audit document, concepts of working papers or
workpapers, audit file, experienced auditor, characteristics of fraud,
professional scepticism, Risks of material

misstatement due to fraud,

obtaining the understanding of an entity and its environment in accordance

with ISA 315, reporting of identified or suspected non-compliance,

Assess risk of audit of financial

Audit planning, preliminary engagement activities, role and timing of planning,

statements

involvement of key engagement team members during planning of audit

engagement,

planning

activities

of

audit

to

financial

statements,

considerations in establishing the overall audit strategy, identifying and

assessing the risks of material misstatement through understanding the entity
and its environment, risk assessment procedures and related activities, risk
assessment procedures and related parties, conditions and events that may
indicate risks of material misstatement, determining materiality and
performance materiality when planning the audit, materiality and audit risk,
ISA 320, Materiality in Planning and Performing an Audit, ISA 330, The
Auditors

Responses

to Assessed

Risks,

ISA 450,

Evaluation

of

Misstatements Identified during the Audit

04

Syllabus

Learning outcomes
Review of audit evidence

Contents
Appropriate audit evidence, ISA 500, Audit Evidence, ISA 501, Audit Evidence-Specific
Considerations for Selected Items, information to be used as audit evidence, audit
procedures for obtaining audit evidence, ISA 505, External Confirmations, ISA 510,
Initial Audit Engagements-Opening Balances, ISA 520, Analytical Procedures, ISA 530,
Audit Sampling, ISA 540, Auditing Accounting Estimates, Including Fair Value
Accounting Estimates, and Related Disclosures, ISA 550, Related Parties, ISA 560,
Subsequent Events, ISA 570, Going Concern, ISA 580, Written Representations,
Application of going concern assumption, responsibility for assessment of the entitys
ability to continue as a Going Concern, risk assessment procedures and related
activities, additional audit procedures when events or conditions are identified,
conclusion of audit under the going concern assumption, use of going concern
assumption appropriate but a material uncertainty exists, use of going concern
assumption inappropriate, management unwilling to make or extend its assessment,
communication with those charged with governance, events or conditions that may cast
doubt about going concern assumption, additional audit procedures when events or
conditions are identified, audit reporting when disclosure of material uncertainty is
adequate, ISA 580 written representations, written representations as audit evidence,
doubt as to the reliability of written representations and requested written
representations

not

provided,

written

representations

about

managements

responsibilities, date of and period(s) covered by written representations, form of written

representations, doubt as to the reliability of written representations and requested
written representations not provided,
Analyse the work of internal

Using the work of internal auditors, relationship between internal audit function and

auditors and auditors expert

external auditor, objectives of internal audit function, determining whether and to what
extent to use the work of the internal auditors, using specific work of internal auditors,
ISA 620 using the work of an auditors expertise, determining the need for an auditors
expert, nature, timing and extent of audit procedures, the competence, capabilities and
objectivity of the auditors expertise, obtaining an understanding of the field of expertise
of the auditors expertise, agreement with the auditors expertise, evaluating the
adequacy of the auditors expertise work, determining the need for an auditors expert,
nature, timing and extent of audit procedures, the competence, capabilities and
objectivity of the auditors expert, obtaining an understanding of the field of expertise of
the auditor, agreement with the auditors expertise, evaluating the adequacy of an
auditors expertise work.

Prepare and review

ISA 700 Forming an Opinion and Reporting on Financial Statements, scope of ISA

audit report

700, concept of fair presentation framework, forming an opinion on financial

statements, form of opinion, auditors report, components of audit report, auditors
report prescribed by law or regulation, supplementary information presented with the
financial statements, description of the applicable financial reporting framework

05

Five Steps to gaining the Diploma

1. Decide

Decide if 'Diploma in International Auditing' is right

qualification for you

Register yourself as a student of IQN. No cost is involved to

2. Register

become a registered student. To register yourself use this

link - www.iqnuk.com/students
Download free course book and practice questions

from our website - www.iqnuk.com/login.php

3. Prepare

Prepare yourself independently for the qualification OR

Take tuition support from RTC (Registered Training Centre)

www.iqnuk.com/rtc.php

Schedule for a test at your convenience through Pearson VUE

4. Schedule Test

website. Tests are held 175+ countries around the world.

www.iqnuk.com/atc.php
Pay online by credit/debit card through Pearson VUE website

www. vue.com/iqn/schedule

5. Get Award

Sit for the test at Pearson VUE test centre and receive

results immediately

06

Entry requirements

What documents do I need to complete registration?

There are no formal entry requirements for Diploma in

No documents are required to be submitted for

International Auditing. The qualification is open to all

registration. You just need to provide your personal

from school leavers to post graduates and employees

details and a valid email ID to activate your student

who want to increase their knowledge and skills.

account.

How much will it cost?

When are active tests available?

Registration for Diploma in International Auditing is

DipIA test is available round the year through Pearson

completely free. Test fee is 99 and there are no other

VUE test centres. You can schedule your test at your

fees. However, if you take tuition support from any of

convenience.

our registered training centres they will charge fees for

their tuition.

How will I be assessed?

You will be assessed by a set of 40 Multiple Choice

How do I register?
Complete two registrations
1) For study resources (IQN Student Account)

Questions (MCQs). Each MCQ will carry 2.5 marks.

Duration of the test is 60 minutes. You require
minimum 60% marks to pass the test.

Please visit www.iqnuk.com/students

Provide personal and additional information
Check your email to validate your account
2) For test (Pearson VUE web account)
Sign up for a web account at www.vue.com/iqn
Schedule/book the test at your convenience
and pay your test fees (i.e 99)

What is the preparation time needed for the

qualification?
The time to complete the preparation will depend on
yourself and your willingness. However, test can be
taken any time in a year through Pearson VUE test
centres. Hence, you can take whatever time you feel
appropriate for the preparation.

When can I register?

Both registration with IQN and Pearson VUE can be
completed any time in a year.

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FAQ

How do I prepare myself?

How do I pay for the test (fees)?

You will get online study materials - course book and

Fees are payable through debit/credit card at Pearson

practice questions required for the preparation of your

VUE website at the time of scheduling your test.

test. These are all free when your register with IQN.
You can study independently to prepare for the test.
Alternatively, you can take tuition support from one of
our Registered Training Centres.
Course book is broadly sufficient for test success as it
covers all contents of the qualification.

How many times can I attempt?

You can sit as many times as you wish until you pass
the test. Every resit will cost you 29.

How will I get my test result and certificate?

At the end of the test, you would be provided results

Practice Questions are very useful for your test

by Pearson VUE test centre staff.

preparation. Questions may or may NOT be set from

The certificate will be couriered (using ROYAL MAIL

Practice Questions.

or 'similar') to the address given by you in Pearson

However, you may expect live test at Pearson VUE

which will have similar pattern of questions.

VUE web account. It may take (minimum) 6 weeks to

receive the certificate. Hence, it is important that in
your Pearson VUE web account, you provide detail

How do I schedule my test?

You can schedule/book your test through your
Pearson VUE web account for IQN. Please visit
www.vue.com/iqn for the details.

and absolutely correct postal address.

Who will be awarding the qualification?

Diploma in International Auditing is certificated by
IQN.

How can I retake my test?

You can retake the test if you fail in the test. You will
need to schedule your retake test by paying only 29
to Pearson VUE.

Find out more

w

www.iqnuk.com/dipia.php

students@iqnuk.com

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