CIA - Certified Internal Auditor

Being a CIA® means being at the forefront of your profession. The Certified Internal Auditor (CIA®) is a designation sponsored by the Institute of Internal Auditors (IIA).

For over 25 years the CIA® designation has reflected competence in the principles and practices of internal auditing and has served as the only internationally accepted designation for internal auditors worldwide.

The CIA® designation proves that you have a high level of technical expertise in internal auditing, including a thorough, global knowledge of operations that is an essential requirement for both executive management and members of the board of directors for accomplishing overall goals.

CIAs have the professional ability to efficiently control, identify risks, examine remedies with respect to current practice of internal auditing, and understand the 21st century management principles.

Course Details

Who Should Apply?

Ideal candidates are professionals in a business related field who are relatively new to the discipline of internal auditing.
The CIA® designation represents real added value and an edge to auditors of all levels and to anyone interested in a future career in internal audit, including:

  1. Audit Managers and Audit Staff
  2. Risk Management Staff
  3. Chief Audit Executives
  4. Students pursuing accounting, finance or business related degrees

Why become a CIA®?

Because the CIA® designation is a strong statement of your competence in current internal auditing and managerial practices, it will make you stand out in your organization, giving you the confidence you need to climb higher up the corporate ladder.

The CIA® designation is internationally recognized and constantly renewed every year through an ongoing requirement to fulfill continuing education credits, proving that you are constantly aware of the most up-to-date information while demonstrating a solid commitment to your field.

When you earn the CIA®, you earn a competitive edge in the global job market for employment in banks, financial corporations, governmental institutions, universities, private and public audit companies, and accounting firms, along with higher bargaining power and broader professional horizon.

What Does it Take to Become a CIA®?

Experience

  • If you hold a Master’s Degree (or equivalent): 12 months of internal auditing experience or its equivalent
  • If you hold a Bachelor’s Degree (or equivalent): 24 months of internal auditing experience or its equivalent
  • If you hold an Associate’s Degree, A-Level Certificate (or equivalent): 60 months of internal auditing experience or its equivalent

Education

  • Candidates must hold an Associate’s degree or higher

Exam

  • Pass the three part exam administered by the Institute of Internal Auditors (IIA)

The CIA® Exam

 

If you are wondering about the CIA® exam format and what each section comprises of, we have it covered for you below:

Part I: Essentials of Internal Auditing

Duration: 2.5 hours | Question Count: 125 

15% Foundations of Internal Auditing
15% Independence and Objectivity
18% Proficiency and Due Professional Care
7% Quality Assurance and Improvement Program
35% Governance, Risk Management and Control

10% Fraud Risks

Part II: Practice of Internal Auditing

Duration: 2 hours | Question Count: 100 

20% Managing the Internal Audit Activity
20% Planning the Engagement
40% Performing the Engagement
20% Communicating Engagement Results and Monitoring Progress Auditing
 

Part III: Business Knowledge for Internal Auditing

Duration: 2 hours | Question Count: 100

35% Business Acumen
25% Information Security
20% Financial Management

20% Information Technology

Part III: Business Knowledge for Internal Auditing

Duration: 2 hours | Question Count: 100

35% Business Acumen

25% Information Security

20% Information Technology

20% Financial Management

When and where can I take the exam?

The CIA® Exam is computer-based allowing you to test year-round at more than 500 Pearson Vue testing centers worldwide.

Exam passing score:

A score of 600 or higher on a scale from 250 to 750 is required to pass the exam.

 

About PRC

Powers Resources Corporation (PRC) is dedicated to offering premium value-added professional education programs and certifications in Accounting & Auditing, designed to answer real demands of the contemporary market. With nearly 20 years of experience, global reach, and presence across 30 locations worldwide from North America, Africa, Asia and the Middle East, PRC has helped thousands of candidates across the globe to successfully prepare for professional certification.