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IIA-CIA-Part3 exam is intended for those individuals who have completed the first two parts of the CIA certification program. Candidates must have a strong understanding of the internal auditing profession and the principles of internal auditing. IIA-CIA-Part3 exam is administered in a computer-based format and consists of 100 multiple-choice questions. Candidates have two and a half hours to complete the exam.

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IIA-CIA-Part3 (Business Knowledge for Internal Auditing) Certification Exam is designed to test the knowledge and skills of internal auditors in the areas of business acumen and understanding of the organization's operations. Internal Audit Function certification is offered by the Institute of Internal Auditors (IIA), a global organization that provides professional development and certification for internal auditors.

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IIA-CIA-Part3 exam is designed to test the candidate's knowledge of business concepts and practices as they relate to internal auditing. IIA-CIA-Part3 exam covers a wide range of topics, including macro and microeconomics, financial statement analysis, budgeting and forecasting, risk management, and corporate governance.

Reference: https://na.theiia.org/certification/CIA-Certification/Pages/CIA-2013-Exam-Syllabus-Part-3.aspx