Certified Internal Auditor - CIA
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Certified Internal Auditor – CIA

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Last Update March 30, 2022
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About This Course

Certified Internal Auditor (CIA) is the only global recognized professional qualification for internal auditors awarded by Institute of Internal Auditor. The Program equips you with knowledge of Professional Practice Framework, organizational governance, tools and techniques to evaluate risk and controls. CIA are able to perform an audit engagement in conformance with the International Standards for the Professional Practice of Internal Auditing and can apply the business, IT and management acumen needed for audits.

IIA is an international professional association with global headquarters in, Florida, USA. The IIA is the internal audit profession’s global voice, recognized authority, acknowledged leader, chief advocate, and principal educator. Members work in internal auditing, risk management, governance, internal control, information technology audit, education, and security. To enhance professionalism and promote internal audit, the Certified Internal Auditor (CIA) examination conducted by The IIA around the world.

The certification module is divided into three parts-I,II and III. Part I of CIA program focuses on essentials of Internal Auditing. Part II includes practice of Internal Auditing. Part III includes business knowledge for Internal Auditing. Certificate will be provided to candidates only if they complete all the examinations successfully.

Pay the CIA Exam Fees and Certification Costs

How much would the program cost?

Apart from the time and energy that will be put into pursuing the program, fees need to be paid. Below is the certification fee structure for CIA:

CIA Certification Cost – Other Fees

Type of fee

IIA Member

IIA Non-member

Registration extension fee (60 days only)

USD $100

USD $100

Exam cancellation/ rescheduling fee

USD $75

USD $75

One-time, 12-month certification program eligibility extension

USD $275

USD $275

CPE reporting fee

N/A (for North American members)

USD $120

Reinstatement fee (inactive status for over 12 months)

USD $100

USD $250

CIA Eligibility

Candidates need to fulfill the following eligibility criteria to be eligible for the program.

Educational level
Work Experience
Master’s degree or equivalent 12 months of internal audit experience or equivalent
Bachelor’s degree or equivalent 24 months of internal audit experience or equivalent
Associate degree, three A-level

certificates with a grade of C or

higher, or equivalent

60 months of internal audit experience or equivalent

Key Features:

Only 3 exams
International Credibility
Become a CIA in 12-18 Months, on average
Up to 3 years allowed to complete the papers
70% Chief Audit Executives prefer to hire CIA’s
130-150 recommended hours of study for all three part

Learning Objectives

Demonstrate your proficiency and professionalism
Distinguish you from your peers
Develop your knowledge of best practices in the industry
Lay a foundation for continued improvement and advancement

Requirements

  • The purpose of CIA exam is to identify candidates who meet the competencies in current internal audit practice. Therefore, candidates must have the following skill sets.
  • Critical thinking
  • Analytical ability
  • Verbal communication
  • Research oriented
  • CIA Fee Structure

Target Audience

  • 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:
  • Audit Managers and Audit Staff
  • Risk Management Staff
  • Chief Audit Executives
  • Students pursuing accounting, finance or business related degrees

Curriculum

14 Lessons

Part 1 Exam: Internal Audit Basics

Mandatory Guidance
Internal Control/Risk
Conducting Internal Audit Engagements – Audit Tools and Techniques

Part 2 Exam: Internal Audit Practice

Part 3 Exam: Internal Audit Knowledge

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