Certified Internal Auditor-CIA-Part 1

INTRODUCTION

The Certified Internal Auditor (CIA®) certification is the most prestigious professional qualification in its field and is the only recognised and accepted internal audit certification worldwide. The Certified Internal Auditor® designation is granted by the Institute of Internal Audit (IIA) and is the global benchmark that demonstrates the skills and competencies internal audit professionals are expected to have. 

A CIA holder is identified as:

  • An expert with deep understanding of the international standards for the professional practice of internal auditing (IPPF)
  • A credible and trusted internal auditor with high ethical grounding
  • A professional who’s adept in the leading practices and standards of Internal Audit and the IIA
  • A professional with a wealth of knowledge in Governance, Risk and Control.
BENEFITS OF ATTENDING
  • Distinguish yourself from others as an internal auditor with the help of Certified Internal Auditor (CIA) certification training in the growing economy.
  • With numerous career options from entry-level to executive, CIA experts are highly paid professionals. Auditing is the backbone of company finance
  • As we all know that the current corporate world is ever changing and never static. A candidate should possess such skills, develop knowledge and gain experience in the auditing industry to attract organizations and clients
WHO SHOULD ATTEND?

Earning the CIA designation is a valuable accomplishment and a professional advantage for auditors at all stages of their careers, including chief audit executives, audit managers, audit staff, and risk management staff, as well as students enrolled in an accounting or other business or financial degree program.

Getting the CIA certification is equally important for any risk and internal audit professional regardless of his level of experience.

PREREQUISITE

To become a CIA holder you must clear the eligibility requirements for academics, soft skills, experience and identification as each application will be reviewed and approved by the IIA’s certification team.

When preparing your entry application, you must consider the following:

Academics

Successful applications require an Associate’s degree or higher or equivalent education including: the Foundation Degree, Diploma of higher Education, Higher National Diploma, or three A-level certificates with grade C or higher.

Experience

  • Holders of an MBA degree require one years’ relevant experi-ence.
  • Holders of a BBA degree require two years’ relevant experi-ence.
  • Holders of Associate’s Degree or three A-Level certificates re-quire five years’ relevant experience.

Character reference

Candidates must exhibit high moral. Successful applications require a submission of a ‘Character Reference’ signed by a CIA, CGAP, CCSA, CFSA, CRMA or the candidate’s supervisor.

Code of ethics

CIA candidates are requested to abide by the ‘Code of Ethics’ es-tablished by the IIA

COURSE OUTLINE

Part I: Internal Audit Basics 

  • Foundations of Internal Auditing (15%)
  • Independence and Objectivity (15%)
  • Proficiency and Due Professional Care (18%)
  • Quality Assurance and Improvement Program (7%)
  • Governance, Risk Management, and Control (35%)
  • Fraud Risks (10%)
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