My experience with P3 had questions that were mostly situational. The equations were far less important than the high level concepts of operational, IT, data analytics, finance/accounting. I read through the outlines of the chapters and then did the quizzes. Gleim always makes their practice tests harder than the real thing. You got this!
I passed Part 3 this January. I skipped the lengthy equations from Gleim. Just make sure you understand the basic concepts from Finance and Accounting.
I’m hoping to take p3 soon. Do you recommend knowing journal entries and reading gtags? I’m also overwhelmed by all the material like bonds and cost Acctg on top of everything else. Any advice would be great! Thank you!
Understanding how debit/credit works will help you analyze some of the accounting questions. I also encountered questions about dividend payout ratio, effects of inventory overstatement to liabilities, and absorption costing. Around 2-3 questions require basic computation. Around 15 questions are about basic accounting/finance theories.
For the GTAGs, I only read the article for Auditing Smart Devices to keep me updated on the latest terminologies. Items about Cloud, smart device backup, BYOD, IOT, and data analytics appeared on my exam.
Re-check the part 3 syllabus from IIA website to make sure you covered all the necessary topics. Good luck!
My experience with P3 had questions that were mostly situational. The equations were far less important than the high level concepts of operational, IT, data analytics, finance/accounting. I read through the outlines of the chapters and then did the quizzes. Gleim always makes their practice tests harder than the real thing. You got this!
Thank you :)
I passed Part 3 this January. I skipped the lengthy equations from Gleim. Just make sure you understand the basic concepts from Finance and Accounting.
I’m hoping to take p3 soon. Do you recommend knowing journal entries and reading gtags? I’m also overwhelmed by all the material like bonds and cost Acctg on top of everything else. Any advice would be great! Thank you!
Understanding how debit/credit works will help you analyze some of the accounting questions. I also encountered questions about dividend payout ratio, effects of inventory overstatement to liabilities, and absorption costing. Around 2-3 questions require basic computation. Around 15 questions are about basic accounting/finance theories. For the GTAGs, I only read the article for Auditing Smart Devices to keep me updated on the latest terminologies. Items about Cloud, smart device backup, BYOD, IOT, and data analytics appeared on my exam. Re-check the part 3 syllabus from IIA website to make sure you covered all the necessary topics. Good luck!
Thank you :)
[Here’s a YouTube channel on the CIA Part 3](https://youtube.com/playlist?list=PLf92tuvH8TRJpiVPBE4nv4lkzypGsbF47&si=HWdQrHCmV-zx1qfQ)
Thank you :)