The Certified Internal Auditor (CIA) is a top-notch professional certification offered to pursue a career in Internal Auditing. The Certified Internal Auditor course is offered by the Institute of Internal Auditors (IIA), US. CIA certification course is internationally recognized in internal auditing across the globe and all industries.

Why Get a CIA Certification?

CIA-certified individuals have a wide range of career options open to them. It is a prestigious certification that allows internal auditors to boost their credibility & gain a competitive advantage over peers.

In today’s competitive world, it is very important for auditors to sharpen their skills and be well-versed with global best practices in the field of Internal Auditing. CIA Certification Course enriches a person with all such required skills. It enhances the knowledge starting from fundamentals of Internal Auditing to Proficiency level. Hence obtaining CIA Certification is a must for all internal auditors considering CIA Certification benefits.

CIA Certification Exam

First of all, it is important to understand two ways of obtaining CIA Certification. One is the CIA Challenge exam, and another is the CIA Three Part Exam.

Only qualified professionals from 18 Accounting Bodies (e.g., CA, CPA, ACCA, CISA, etc.) are eligible to appear in the CIA Challenge Exam. While others have to go for the CIA Three Part Exam.

Candidates must have an associate/bachelor's degree or higher in order to be eligible for the CIA Three Part Exam.

In this blog, we will discuss the CIA Certification cost and duration related to the CIA Three Part Exam only.

Certified Internal Auditor (CIA) Certification Duration

CIA Certification Duration completely depends upon how much time one devotes to study. In the normal course, it takes approximately 5-6 months to complete all three parts of the CIA Exam.

If you are studying for longer hours in a day/week, you can become CIA in just 90 days as well.

CIA Exam Pattern

There are 3 parts to the CIA exam. A candidate must clear all the 3 parts of the Certified Internal Auditor exam in order to gain the certification. Exam of Part 1 (125 Questions) is of 2.5 hours duration whereas both Part 2 (100 Questions) and 3 (100 Questions) are of 2 hours each.

The scores for the Certified Internal Auditor exam are scaled scores and are measured on a scale of 250 points to 750 points. Candidates are required to score a minimum of 600 points in order to successfully clear the CIA exams. Simply put, one has to obtain 80% score to get awarded by CIA Certification.

The CIA certification exams are conducted through the Prometric Center across the globe. Results are declared immediately upon submission of the exam on the same day.

CIA Certification Cost

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, membership fees cost around INR 3500 + GST per year and INR 1500 plus GST as one-time payment. But there are huge discounts in CIA Certification fees if one is a member of IIA India as compared to a member of IIA of other countries. To become a member of IIA India, one should be a resident of India.

Application/registration and exam fee structure published by IIA is given below:

Study Material and Training Cost:

In addition to the above-mentioned mandatory fees, there is another cost associated with it in regard to obtaining the study material and training. By paying the above application and Exam fees, you will not be getting any study material/ training.

In order to successfully clear the exam and effortlessly attain a passing score, it is better that candidates get professional help. IIA offers CIA prep courses that include study materials and on-demand videos & additional reference books. But to avail the same, you must have deep pockets. IIA CIA Prep Course details can be obtained by visiting the IIA website.

Academy of Internal Audit is the best training institute in the industry that greatly benefits aspiring CIA candidates with its CIA Prep Course at affordable prices. AIA CIA Prep Course includes Short Study Books, Practice Questions along with explanations, Mock Tests, Live Query Sessions, Detailed Recorded Lectures and Exam Enrollment Guidance.

To know more details about AIA CIA Prep Course, please feel free to contact us. AIA Team will be happy to help you.

Takeaway

Earning a professional CIA credential is a crucial step in taking a leap in your career and standing out among your peers in the industry. This certification holds global recognition and is most valued by employers of internal audit professionals. This is a potent designation that enhances one’s credibility and respect. It helps an Internal Auditor to effectively carry out his professional responsibilities anywhere in the world. Get expert guidance from our online training institute and learn more about CIA Certification by visiting our official website Academy of Internal Audit.