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Which course is best for internal auditors?
- August 30, 2024
- Posted by: marketing@netrika.com
- Category: Blogs
Internal auditing as a professional has grown significantly in the past years owing to the increasing inefficiencies in operating structure and threats looming over the corporate landscape. This makes it crucial for professionals who are keen on entering or scaling their careers as internal auditors to meticulously understand the various courses available and find the right fit for them.
Given the significance of internal auditors in organizations and how this profession can open global employment doors, it is advisable to invest in a course that offers industry best practices, and an opportunity to network with like-minded people. CIA (Certified Internal Auditor) is one such designation that is offered by IIA (Institute of Internal Auditors) and is considered the gold standard for the internal auditing profession.
But why is the CIA considered the gold standard for internal auditing? This blog explores the value-adding benefits of CIA certification for internal auditors.
Why choose CIA over other certifications?
Global Awareness and Acceptance
The CIA program is also practiced in more than 170 countries and is the most common credential for internal auditors. Employers will find you more appealing if you acquire this certification since it indicates that you have achieved the level of competency and professionalism recognized by the countries’ standards.
Integrated Approach to the Internal Audit Practice
CIA certification comprises all issues that are necessary for internal auditors. From auditing practices to governance, risk management, and internal control, the CIA program prepares professionals in all aspects of future practice.
Enhanced Risk Management Proficiency
CIA test preparation courses ensure that this skillfully matches the internal auditor’s work function and aids in the ability to correctly analyze and mitigate risks.
Enhanced Business Ethics
Completing the course and earning certification as a certified internal auditor requires professionals to follow a code of conduct when conducting internal audits and to emphasize the importance of the organization meeting regulatory compliance, which is a requirement in the internal auditor’s profession
Improved Analytical Skills
Moreover, CIA certification is proof of continuous growth and professional commitment which guarantees that these professionals keep up with industry changes and best practices. This emphasis on lifelong learning helps CIAs develop their professional skills and remain relevant in a continuously changing business environment.
According to the IIA’s 2018 North American Pulse of Internal Audit Survey, 84% of professionals believe that CIA certification improves their status in the industry and firm. A CIA certification from the Institute of Internal Auditors (IIA) is regarded as a valuable credential since it enhances professional credibility and confidence. This qualification enables professionals to make successful contributions to internal controls, organizational governance, and risk management.