Certified Internal Auditor – Pursue CIA
Course from India
In this era of increasing competition and globalization professionalism is the
need of the hour. Whether it is Engineering/Doctor/Accountants or any other
field – a simple graduate degree won’t lead you anywhere and a professional
certification is what is required for you to enter the league of the High-Level
Managers.
The CertifiedInternal Auditor Program conducted by the Institute of Internal
Auditors – USA is one such program which helps you gain a professional
degree in the field of Internal Audit. The Course is a mix of theoretical and
practical training and has been structured in such a way that the skills of the
candidate gets enriched with theoretical knowledge as well as business tools
that can be applied immediately in any business environment.
The following Video explains the Role of an Internal Auditor
Rising governance issues and increasing corporate frauds has also led to a
surge in demand for talent in the internal audit departments of various audit
firms and companies.
Recommended Read: Audit Firms like EY, PWC ramp up Internal Auditor
hiring (Economic Times)
CIA Exam
This CIA Certification can be obtained by candidates by appearing for the
online exams at any of the 500 Centres of CIA. Unlike CPA (US) , Candidates
are not required to specifically go to USA to appear for CIA Exams. They can
appear for these exams from their home country itself. The CIA
exam centers are located in almost all the countries across the globe.
CIA exam is an online exam and the candidate can appear for the CIA Exam
anytime during the year – at a date and time that is convenient to the
candidate. The Fees for enrolling and appearing for CIA Exams is given here.
To help Candidates interact with other Candidates, the Institute of Internal
Auditors has also created a CIA Linkedin Group wherein candidates can
interact with each other.
Certified Internal Auditor Eligibility
The following is the eligibility requirement for pursuing the Certified Internal
Auditor Course:-
1. CIA Exam Candidates must hold a bachelors degree or its education
equivalent from an accredited college level institution
2. Certain International Professional Designations (such as Chartered
Accountant) may be accepted as Equivalent.
3. Full Time University Students who are in their senior (final) year may
enter the CIA Program and sit for CIA Exam
Once a candidate has enrolled himself for the CIA Program, he shall
complete the same within a time span of 4 years. If the candidate fails to
clear within 4 years, all his fees and modules cleared would be forfeited.
CIA Course
The CIA Course is divided into 3 Parts (Applicable from 2013 onwards)
1. Part I – Internal Audit Basics (2.5 hours, 125 Questions)
2. Part II – Internal Audit Practice (2 hours, 100 Questions)
3. Part III – Internal Audit Knowledge Elements (2 hours, 100 Questions)
A detailed view of the New CIA Course Curriculum is given here.
CIA Exam Candidates must also obtain a minimum of 24 Months of Internal
Audit Experience. A Masters degree can substitute for 12 of the required 24
months. Please refer to the Certification Candidate Handbook for more
details.
This Work Experience requirement may even be fulfilled after appearing for
the CIA Exam but the Certified Internal Auditor Certification would only be
awarded only once all the program requirements have been met.