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What is Internal Auditing?

The Institute of Internal Auditors (IIA) has developed the globally accepted definition of internal auditing, as follows: Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Eligibility

Candidates aspiring for CIA program will be eligible if the following criteria are fulfilled,

Educational level
  • Master's degree (or equivalent)
  • Bachelor's degree (or equivalent)
  • Associate degree, three A-level certificates with a grade of C or higher, (or equivalent)
Work Experience
  • 12 months of internal audit experience or equivalent
  • 24 months of internal audit experience or equivalent
  • 60 months of internal audit experience or equivalent
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Role of CIA (Certified Internal Auditor)

    • Move from Traditional based audit to more analytical and technology-based audit making internal auditor function go up substantially
    • Internal auditors are expected to provide recommendations for improvement in areas where deficiencies are identified.
    • Rising demand for investigations and process improvements
    • Critical role in protecting the organisation value and business partnering.

Overall course comparison

Particulars

CIA

US CPA Course

US CMA course

CISA Course

CA Course (India)

Exam Body

Institute of Internal auditors- IIA

American Institute of Certified public Accountant-AICPA

Institute of Management Accountants- IMA USA

Information Systems Audit and Control Association-ISACA

Institute of Chartered accountants of India – ICAI

Careers

Internal Audit

External audit, Corporate finance- Global companies

Business finance, Finance planning, analysis

Information system audit

External audit, Corporate finance- Indian companies

Exam

3 parts

4 exams

2 parts

1 exam

3 levels

Duration

10 months

10 months

8 Months

6 months

4 years

Exam pattern

Objective

Objective and SIMs based- Case laws

Objective and SIMs based- Case laws

Objective

Descriptive

Passing percentage

60%

55%

50%

55%

5%

Passing exam scores

75%

75%

75%

50%

50% aggregate

Every course has its own pros and cons and one need to select course based on one’s own specialisation

CIA Benefits

  • 1

    Global recognition

  • 2

    Higher earning potential

  • 3

    Greater learning with Institute of Internal auditor membership

  • 4

    Skill upgrades

  • 5

    Great career opportunities

  • 6

    Job security and chances of becoming the Chief Internal Auditor in the Corporate ladder

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Meet our Trainer

Hi everybody! I am Sudha Murthy, and I will be your main instructor during the CIA training course. I have experience in Audit and Enterprise Risk Services of GAAP and IFRS based Financials, IFRS Convergence, and I am very passionate about this field. Register for the course and let's meet.

I believe in Constant updating of knowledge, Willingness to learn and explore new avenues, Out of the box thinking, and Helping people grow.

What Will You Learn In Our CIA Focused Training Course?

  • 1

    Foundations of Internal Auditing, Governance and Risk Management

  • 2

    Proficiency and Due Professional Care and Fraud Risks

  • 3

    Managing the Internal Audit Activity and Planning the Engagement

  • 4

    Performing and Communicating Engagement, Monitoring Progress

  • 5

    Business Acumen and Information Security

  • 6

    Information Technology and Financial Management

Course Video Presentation

Key Takeaways

Here we have enlisted the pivotal reasons of why one should pursue the Guidance for CIA certification from Simandhar Education

Wiley CIA Review Test Bank

Features 6,800+ multiple-choice questions (MCQs) with detailed answers in the complete set.

Comprehensive Study Material

A sophisticated online test bank, and easy-to-read, spiralbound focus notes

Live Interactive Classes

Provides you with access to 75 hours Live Interactive classes from anywhere in the world

Recorded Video Classes

Provides the facility to access recorded videos for students who seek to revisit the material taught.


Placement Assistance Program

Supports its students by placing them in Top F & A companies, Big 4 etc


Exam Registration Assistance

Provides support to its students in handling the criticalities of Exam Registrations


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Contact Details

For registration questions please get in touch using the contact details below. For any questions use the form.

Main Office Location

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