CIA: Certified Internal Auditor (Newbies)

The Certified Internal Auditor® (CIA®) designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing field. Candidates leave the program enriched with educational experience, information, and business tools that can be applied immediately in any organization or business environment. The IIA will be offering the CIA Challenge Exam for members of the Association of Chartered Certified Accountants on November 15, 2007.
The Institute of Internal Auditors-India (IIA-India) is affiliated to its parent body, The Institute of Internal Auditors, USA (IIA-Inc). To enhance professionalism amongst its members, IIA-India has brought to India, the Certified Internal Auditor (CIA) examination conducted by the IIA-Inc at a global level.
Benefits of CIA
Individuals who pursue the CIA title earn one of the most prestigious professional qualifications in the world and have, amongst others, the following advantages:
  • High quality training in all aspects of internal audit
  • A prestigious international qualification
  • Desirability as an employee
  • Confirmation of your potential to reach the top

Additionally, companies and other employers who sponsor their employees to pursue the CIA qualification have the following advantages:

  • A total training program specific to the profession
  • Well qualified, motivated staff
  • Increased competitive advantage
  • Desirability as an employer
  • Prestige in the market
  • Cost effective training

CIA Exam Eligibilty

The IIA will accept student candidates into the CIA program who are: (1) enrolled as a senior in an undergraduate program or as a graduate student; (2) full-time students as defined by the institution in which the student is enrolled (a minimum of 12 semester hours or its equivalent is required for undergraduate students and nine semester hours for graduate students); and (3) register for and take the CIA exam while enrolled in school.

In India :

  • A Bachelor's degree or its equivalent from an accredited college- level institution (CA, CS and ICWA degrees qualify).
  • Character reference from a responsible person such as supervisor, manager, educator or a CIA.
  • 24 months of internal auditing experience or its equivalent. This can also be completed along with the examinations.

About CIA Exam The Certified Internal Auditor® (CIA®) exam tests a candidate's knowledge of current internal auditing practices and understanding of internal audit issues, risks and remedies. The exam is offered in four parts, each part consisting of 125 multiple-choice questions.

Parts I, II, and III are considered the core global syllabus of the CIA exam - offering a strong focus on corporate governance and risk issues and exhibiting alignment with The IIA's Professional Practices Framework. Part IV of the CIA exam is designed for modification for regional and audit specialization testing. Hence, The IIA offers Professional Recognition Credit for Part IV (PRC-IV) for qualified professional certifications.

  • Part I - The Internal Audit Activity's Role in Governance, Risk, and Control
  • Part II - Conducting the Internal Audit Engagement
  • Part III - Business Analysis and Information Technology
  • Part IV - Business Management Skills

CIA Registration

Those international candidates seeking to take a the Certified Internal Auditor® (CIA®) exam in the following countries must contact their local country representative: Australia, Austria, Belgium, Brazil, China, Chinese Taiwan, Czech Republic, France, Germany, Greece, Indonesia, Italy, Japan, Korea, Malaysia, The Netherlands, New Zealand, Norway, Philippines, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, and Turkey.All other CIA candidates must complete and submit the following forms to The IIA electronically, by e-mail, fax, or mail, along with the appropriate fees and other required documentation. Click below to get information and forms;

CIA Exam locations and codes in India: 186 – Bangalore; 686 – Chennai; 687 – Kolkata; 078 - Mumbai (Bombay); 115 - New Delhi; 685 - Pune

CIA Exam Fees

  • For IIA Members: Application: US $60 (non-refundable); Exam Parts: US $85 (per part/per sitting); Part IV Professional Recognition Credit (PRC-IV) US $85 (non-refundable; fee waived for CCSAs, CGAPs, and CFSAs)
  • For Non IIA Members: Application: US $75 (non-refundable); Exam Parts: US $110 (per part/per sitting); Part IV Professional Recognition Credit (PRC-IV) US $110 (non-refundable; fee waived for CCSAs, CGAPs, and CFSAs);
  • For Full-time Students: For IIA Members: Application: US $30 (non-refundable); Exam Parts: US $35 (per part/per sitting); Part IV Professional Recognition Credit (PRC-IV) US $35 (non-refundable; fee waived for CCSAs, CGAPs, and CFSAs);
  • CIA Registration Fee Waiver: If you are a member of The IIA, have attended an IIA headquarters sponsored conference in the past twelve months and are planning to take the CIA exam for the first time, The IIA will waive your US $60 non-refundable application fee. To take advantage of this special offer, just include your continuing professional education (CPE) letter from the conference with your CIA application and ask for the waiver. This offer is not retroactive.FEES in India : One time registration fee USD60, Exam fee per part per sitting USD70, Full time student concession 50%, Educators concessions 100%

1 comment:

ahmed said...

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Bachelor's Degree

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