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What is the qualification for the CIA?
- June 20, 2024
- Posted by: marketing@netrika.com
- Category: Blogs
Certified Internal Auditor Qualification in India
CIA (Certified Internal Auditor) is the only internationally recognized internal audit certification that shows a professional has the knowledge, abilities, and competencies needed to perform professional duties for any internal audit. Obtaining a professional internal audit accreditation is essential to differentiating yourself from your peers. It will boost your credibility and self-worth, enhance your skills and aptitude, expand your career prospects and income, and demonstrate your comprehension and commitment to the field.Read more.
To become a certified internal auditor, a professional must meet the standard eligibility criteria, which includes-
- Bachelor’s Degree (or Equivalent): To take the exam, a candidate must have a bachelor’s degree, however, they are not required to have the necessary work experience. To become certified, they need to pass each of the three exam sections. They also need to have two years or more of equivalent expertise in internal auditing.
- Master’s Degree Holders (or Equivalent) A master’s degree holder is eligible to take an exam (before gaining the necessary work experience). Before they can become certified, they also need to pass all three exam sections. They also need to have at least a year’s worth of expertise with internal audits, or something comparable.
- Holder of an Active Internal Audit Practitioner Designation: Candidates may apply to take the CIA challenge exam if they hold an active internal audit practitioner designation. To become certified, they must clear all three exam sections and have at least five years of experience in internal auditing, or the equivalent.
- Five Years of Experience in Internal Auditing (or Equivalent): Candidates may apply to take the CIA test if they have completed five years of internal auditing or have equivalent experience. But before they can get certified, they have to pass all three exam sections. There is no additional experience required for these experts to meet the eligibility requirements.
However, becoming a certified internal auditor is the amalgamation of educational and professional qualifications as well as a skill set that compliments the internal auditing profile. By following the standard criteria, professionals can rest assured of building a successful career across industry verticals and contributing to the efficiency and integrity of operations within organizations.
FAQ - Frequently Asked Questions
What is the cost of CIA in India?
The CIA Certification cost includes IIA membership fees, application fees, exam fees, and study material/training costs. Membership fees vary from country to country. In India.
How much does it cost to take the CIA?
The cost of taking the Certified Internal Auditor (CIA) exam varies depending on several factors such as your location, membership status with The Institute of Internal Auditors (IIA), and whether you opt for all three parts of the exam at once or take them individually.
What is the cost of CIA course in India?
The total cost can range from INR 1.2 lacs to INR 1.5 lacs, considering these factors. CIA Exam and Course Duration: The CIA exam consists of three parts, each focusing on different aspects of internal auditing.
What is the passing score for the CIA challenge exam?
About the CIA Challenge ExamOffered in English only.
Based on scaled scoring and a passing score of 600 is required out of 750 points. Developed following best practices with the support of experts and professionals. Available via online testing or at a testing center.