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CERTIFIED INTERNAL AUDITOR (CIA)

Certified Internal Auditor Certification is offered by the Institute of Internal Auditors (IIA), US. It is a premium internal auditing qualification having a global presence. CIA Certificate is a symbol of excellence in internal auditing, compliance reporting, risk management, consultancy and fraud investigation. Certified Internal Auditor Program has three parts. CIA Part 1 is known as Essentials of Internal Auditing, CIA Part 2 is known as Practice of Internal Auditing, and CIA Part 3 is known as Business Knowledge for Internal Auditing.

WHY CHOOSE CERTIFIED INTERNAL AUDITOR

The Certified Internal Audit Certification offers many benefits. CIA certification can help you move forward in a focused direction. The Internal Audit Certification conveys that you are a proficient internal auditor who can bring valuable insights and experience. CIA holders can be entrusted with significant responsibility. Certified Internal Auditor Course also helps in increasing accounting knowledge and skill.

HOW TO PASS CERTIFIED INTERNAL AUDITOR EXAM

Zain provides four things for each part of Certified Internal Auditor Exam:

  1. CIA Study Guide – presented with questioning mind approach and also contains the true false statements,
  2. CIA Exam Questions – contains challenging questions for brain of higher IQ level,
  3. CIA Learning Videos – available for free from YouTube, and
  4. Muhammad Zain’s Personal Support and Guidance – ask unlimited questions till you pass the exams.

CIA Exam Study Guide and CIA Exam Practice Questions are available for subscription at nominal pricing. They are optimized for all screen sizes. The candidates will have access as long as they wish to. There are no time and device restrictions. Learning Videos are accessible from Zain Academy’s YouTube channel.

Muhammad Zain’s personal support and guidance are all complimentary till you pass the exams. You can ask as many questions as you wish to either through WhatsApp or Email and he will answer to the best of his ability. Zain Academy’s purpose is to create the best CIA Study Materials at affordable pricing.

CERTIFIED INTERNAL AUDITOR EXAM PREP TIME

CIA Candidates are working executives. They have to allocate time for work, family, studies and personal leisure. The candidates are ready for each CIA Part in 2 months if they can give at least 3 hours on daily basis and 6 hours on weekends. CIA Certificate can be obtained in 6 months easily.

HOW TO GET CERTIFIED INTERNAL AUDITOR CERTIFICATION

To meet CIA Certification Requirements, the candidates must meet the four Es requirements, i.e., Education, Ethics, Examination, and Experience. The Institute provides three years to get certified. However, the candidates can apply for one of the three types of 1-year eligibility extension, i.e., hardship, non-hardship, and exam eligibility. Each type of extension has its procedures and fees. Please refer to the CIA Candidate Handbook as available on the IIA website.

Education – A bachelor’s degree or higher. If a candidate does not have a degree then candidates with seven years of verifiable experience in Internal Auditing or its equivalent may become eligible, subject to approval.

Ethics – Reflect high moral and professional character and agree to abide by the IIA’s Code of Ethics. Submit a Character Reference Form signed by a CIA certified or supervisor or professor.

Examination – This is the most important of all the CIA Exam Requirements. Candidates spend considerable time clearing the three parts of the CIA Exam.

Experience – Candidates with Master’s degree or equivalent must have 12 months of experience. Candidates with Bachelor’s degree or equivalent must have 24 months of experience.

The candidates can fulfill experience requirements even after passing the CIA exams. The experience gained can be in the accounting, finance, or internal audit department.

WHAT IS THE CERTIFIED INTERNAL AUDITOR EXAM

Candidates have to pass three parts to become certified. If a candidate cannot pass all three parts within three years’ time period, then the candidate will lose the credit for any part passed and will have to apply again to the Institute. The table is necessary to become familiar with the Certified Internal Auditor requirements.

CIA Exam Part 1 Essentials of Internal Auditing – 125 MCQs – 2.5 hours’ exam time

CIA Exam Part 2 Practice of Internal Auditing – 100 MCQs – 2 hours’ exam time

CIA Exam Part 3 Business Knowledge for Internal Auditing – 100 MCQs – 2 hours’ exam time

CIA EXAM SCORING

The CIA Exam is computer-graded. The candidate will receive the result within five minutes of finishing the exam. Scores are determined by the difficulty level of questions asked and converting the value of questions answered correctly to a scale that ranges between 250 to 750. A score of at least 600 is required to pass the exam, i.e., 80%. If the questions are of higher IQ level, the passing score can go below 600, but if the items tested are easy, then passing criteria can go up from 600.

Whether the questions being asked are easy or difficult, I suggest you target achieving an overall 85% in exams by accurately attempting the 107 correct questions out of 125 questions in CIA Part 1; 85 correct questions out of 100 questions in CIA Part 2 and CIA Part 3.

The trend analysis for several years of CIA Exam Pass Rate shows that it is 43% for Part 1, 46% for Part 2, and 56% for Part 3.

CIA EXAM DATES

CIA Exam can be taken at any day and time of your choice, subject to two conditions:

  • The day must be a normal working day except for weekends and public holidays; and
  • The time of the exam must be within regular working hours.

It is highly recommended to select your exam date and time as early as possible to get the preferred appointment.

INTERNAL AUDIT CERTIFICATION REQUIREMENTS

The following documents are required by the Institute when a candidate makes a profile at the Certification Candidate Management System (CCMS):

  1. A soft copy of an unexpired official passport or national candidate ID card;
  2. A soft copy of degree and transcripts;
  3. A soft copy of the character reference form duly attested;
  4. A soft copy of the experience reference form verified by a CIA or supervisor.

Once the candidate registers for an exam part and gets the authorization to test email from IIA, he has 180 days to schedule and sit for the exam. This email from IIA must be printed and carried by the candidate when he takes his exam.

Pearson VUE conducts CIA Examinations globally. Select the testing center location that is easily reachable for you.

CIA CERTIFICATION COST

Investment in the CIA Exam Fees is one time if the candidates pass all three parts in the first attempt. The fees payable to IIA ranges between $740 to $1,445 depending on whether you are a student, member or non-member. To qualify for student discounts, you must either be enrolled as a full-time student in your senior year or a full-time graduate student.

Subscribe to Zain’s CIA Exam Study Materials as they are economical, comprehensive, updated, and excellent.

IS THE CERTIFIED INTERNAL AUDITOR EXAM DIFFICULT

The CIA Exam can be passed quickly if the candidates exhibit the traits of Excellency, Creativity, Passionate, and Patience in their preparation and, in particular, on exam day.

The Candidates must have a clear vision of their future. They must be able to define their purpose of life. The will to win, the desire to succeed, and the urge to reach full potential are the keys that will unlock the door of CIA Certification.

The reason that many candidates find it difficult to achieve the CIA is that they are not able to define their goals or ever seriously consider them as believable or achievable. Champions can tell you where they are going, what they plan to do along the way, and with whom they will be sharing their adventure.

Keep looking for creativity, and don’t settle for the less. You have that potential. It is just a matter of time that you explore and discover yourself. Once you find yourself and your capability, you will never be the same again.

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