The CIA designation, sponsored by the Institute for Internal Auditors (IIA), is the only globally accepted certification for internal auditors. In the aftermath of the accounting scandals, professional certification is even more important to ensure that accountants’ credentials and knowledge of ethics are sound. “Regardless of specialty, accountants and auditors who have earned professional recognition through certification or licensure should have the best job prospects” (2008-2009 Occupational Outlook Handbook, from Bureau of Labor Statistics).
Nationally, the field of auditing is expected to grow 18% by 2016 as stricter standards and federal regulations arise to prevent legal and financial issues (2008-2009 Occupational Outlook Handbook, from Bureau of Labor Statistics). In Robert Half International’s 2008 Salary Guide, Internal Auditing was listed as one of the top 5 industries destined for growth in the upcoming year. Particularly, the Southeast region of the United States is considered an area of “high demand” for internal auditors. Those individuals with management and financial backgrounds must have the knowledge, skills, and behaviors to remain aware of the circumstances that cause internal processes to falter.
Why is it important to receive the Internal Auditor certification?
- Recipients are globally recognized as qualified internal auditors
- Improves the opportunity for employment and promotion
- Certification proves professional ability
- Continued job growth in auditing and accounting
Part 3: Business Analysis and Information Technology
Individuals completing this module should be prepared to take Part 3 of the Certified Internal Auditor Exam. The individual will concentrate on developing knowledge of financial accounting skills such as financial statement analysis and cash management. Other topics to be covered include managerial accounting concepts such as capital budgeting and operating budgets and the importance of information technology during the internal audit.
Key Topics:
- Employ appropriate business processes during the internal audit.
- Utilize financial accounting and finance.
- Apply concepts from managerial accounting.
- Recall regulatory, legal, and economics.
- Implement information technology tools for the internal audit.
More specific information regarding the content of the Certified Internal Auditor Exam can be found at http://www.theiia.org/certification/certified-internal-auditor/cia-exam-content/
Who Should Attend?
- Auditors and Accountants
- Chief Audit Executives
- Finance Analysts/Managers/Executives
- Risk Managers & Loss Prevention Officers
Individuals interested in becoming a CIA should visit http://www.theiia.org/certification/certified-internal-auditor/ and review the “Standards of Eligibility and Verification Requirements” listed in the Certification Candidate Handbook.
Testing
UNC Charlotte does not administer the CIA Exam. In order to register for the exam, please visit http://www.theiia.org/certification/new-to-iia-certifications/
More specific information regarding the content of the Certified Internal Auditor Exam can be found at http://www.theiia.org/certification/certified-internal-auditor/cia-exam-content/
