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How do you qualify as a certified internal auditor?
- May 16, 2024
- Posted by: marketing@netrika.com
- Category: Blogs
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The certified internal auditor (CIA) designation is the only internationally recognized internal audit credential that certifies a professional’s knowledge, abilities, and competencies needed to perform any internal audit across industry verticals. When you obtain a CIA credential, you differentiate yourself from your peers in terms of skills and knowledge, as well as better networking opportunities. The certification boosts your credibility and self-worth, enhances your skills, and aptitude, expands your career prospects and income, and demonstrates your commitment to the field. Read more.
Since the CIA is one of the most revered credentials across industries, one of the most frequent questions that candidates ponder is how to qualify as certified internal auditors to scale their career trajectories.
How do you qualify as a certified internal auditor?
1. Fulfil the eligibility requirements
- An applicant who has completed a master’s program and has at least one year of experience in internal auditing.
- A candidate with a bachelor’s degree and two years or more of experience in internal auditing, or something comparable.
- Has at least five years of experience in internal auditing, or the equivalent, and holds the Active Internal Audit Practitioner Designation.
- Applicants with five years of experience in internal auditing.
2. Be thorough with the CIA course details
- Part 1: Essentials of Internal Auditing
- Part 2: Practice of Internal Auditing
- Part 3: Business Knowledge for Internal Auditing
3. Meet the basic CIA skill requirements to excel in internal auditing
- Risk Management: Internal auditors work to minimize any risks that have an impact on the business. This entails using risk management concepts in real-world scenarios, developing plans for monitoring and controlling them, and addressing issues.
- Problems Solving: Internal auditors encounter challenging issues where a sizeable database needs to be vetted. Solving such difficulties requires creative critical thinking and the capacity to draw on prior knowledge. Therefore, CIAs require a multidisciplinary approach that integrates business, operations, technology, and risk management concepts.
- Accounting: Since the function of an internal audit is similar to that of an accountant, employers prefer candidates with accounting experience. This helps them ensure that financial statements are accurate, identify accounting issues, and offer suggestions. While this experience isn’t always required, it can improve the quality of your internal auditor resume.
- Product expertise. An internal auditor must have an in-depth knowledge of the fundamental product or service so that they can audit a company’s process or function accurately.
To fulfill your dream of becoming a qualified internal auditor, join Netrika
Netrika is proud of its commitment to offering professionals specialized training programs that offer insightful information about the industry. Our team of seasoned professionals has two decades of experience, and elite certifications, and has gone above and beyond to equip candidates with theoretical and practical skills that define their careers in internal auditing. In addition to its many achievements and in-depth knowledge of market trends, Netrika was recognized by BW Security as the “Best Security Consulting Company of the Year 2023”.
This recognition is a testament to our dedication to providing the best-in-class CIA courses to candidates, keeping them informed of the most recent advancements in the field, and equipping them with the best resources so they can pass the CIA exam on their first attempt.