What Is CIA:
Certified internal auditor is a certification offered by IAA from USA. It is a body which offer and govern best practices and codes related to internal auditors. It has a very short pay back period in terms of investment and anyone who fulfills the exam criteria can pass the exam. You can also find Certified Internal Auditor Study Material to pass exam. CIA is composed of three parts and passing marks are 75%. Study material is available/ offered by different bodies like Glem, IIA etc. 1st part is tested at three levels i.e. understanding level which consists of simple questions. The new CIA exam Part 1 topics tested include aspects of mandatory guidance from the IPPF; internal control and risk concepts; as well as tools and techniques for conducting internal audit engagements. About CIA it is also said that CIAs earn on average $38,000 more annually than those without a certification. Certified Internal Auditor Study Material can also be found on different other sources from Internet.
Requirements
CIA candidates must meet the following eligibility requirements for education, character, work experience, and identification. Before a candidate application can be approved, ALL documentation (proof of education, character reference, and identification) must be received and approved by The IIA’s Certification staff.
Education
CIA candidates must hold a 3- or 4-year post-secondary degree (or higher). For further details, please refer to the Certification Candidate Handbook.
Acceptable Documents:
- Copy of your degree or official transcripts (If your name has changed since you earned your degree, you must also include your legal name change document.)
- Letter from university confirming degree
- Letter from evaluation services confirming degree level
Important change to the Education Requirement for the CIA: The Global Board of Directors has approved an alternate path to eligibility for the CIA for those candidates who do not possess a Bachelor’s degree from an accredited university.
Candidates may now become eligible for the CIA, subject to approval, who possess:
- Two years post-secondary education and five years verified experience in internal audit or its equivalent, OR
- Seven years verified experience in internal audit or its equivalent.
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Work Experience
CIA candidates with a 4 year post secondary degree must obtain a minimum of 24 months of internal auditing experience or its equivalent. A Masters degree can substitute for 12 of the required 24 months.
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Character Reference
Candidates must exhibit high moral and professional character and must submit a Character Reference Form signed by a CIA, CGAP, CCSA, CFSA, CRMA, or the candidate’s supervisor.
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Proof of Identification
Candidates must provide proof of identification in the form of a copy of the candidate’s official passport or national identity card. These must indicate current status; expired documents will not be accepted. All documents must be scanned and uploaded through the Document Upload Portal in a manner that ensures the photo is clearly legible.
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Supporting Requirement Exemptions
The Professional Certification Board (PCB) has approved work experience and education exemptions for Association of Chartered Certified Accountants (ACCA) qualified members and an education exemption for U.S. Certified Public Accountant (CPA) active license holders pursuing th.e CIA certification. You can also find “Oxford Textbook of Psychiatry” by clicking the link.
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Eligibility Period
Effective November 2010, the certification program’s eligibility requires candidates to complete the program certification process within four years of application approval. If a candidate has not completed the certification process within four years, all fees and exam parts will be forfeited.
You can download CIA paper material free.
