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The Institute of Internal Auditors (IIA) is a professional organization that provides certification and training programs for individuals seeking to advance their careers in internal auditing. One of the most prestigious certifications offered by IIA is the Certified Internal Auditor (CIA) certification. Recently, IIA has introduced a new certification program known as the ACCA CIA Challenge.

Reference: https://global.theiia.org/certification/Public%20Documents/CIA-Challenge-Exam-FAQs.pdf

IIA-ACCA: ACCA CIA Challenge is specifically tailored to individuals who are interested in pursuing a career in internal auditing. It is also ideal for those who already have experience in the field and are looking to enhance their skills and knowledge. IIA-ACCA exam is recognized globally and is highly respected by employers and professionals in the industry.

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To be eligible for the IIA-ACCA Certification Exam, individuals must have completed the ACCA qualification and have at least two years of work experience in internal auditing or a related field. ACCA CIA Challenge Exam certification exam consists of three parts, and candidates must pass all three parts to become certified. IIA-ACCA exam is computer-based and is offered at testing centers around the world.

IIA IIA-ACCA, also known as the ACCA CIA Challenge, is an intensive exam designed for individuals seeking to enhance their knowledge and skills in internal auditing. IIA-ACCA exam is a joint initiative between the Institute of Internal Auditors (IIA) and the Association of Chartered Certified Accountants (ACCA), both renowned institutions in the field of auditing and accounting. It is aimed at individuals who are new to internal auditing or those seeking to further their education in this area.

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IIA IIA-ACCA Exam Syllabus Topics:

SectionObjectives
Essentials of Internal Auditing- Governance and risk concepts
  • 1. Risk management fundamentals
    • 2. Corporate governance structures
      - Internal audit fundamentals
      • 1. Independence and objectivity principles
        • 2. Ethics and professional standards
          • 3. Definition and purpose of internal auditing
            Practice of Internal Auditing- Engagement planning and execution
            • 1. Sampling and testing techniques
              • 2. Fieldwork and evidence collection
                • 3. Audit planning and risk assessment
                  - Reporting and communication
                  • 1. Audit report structure and content
                    • 2. Communication of results and recommendations
                      Business Knowledge for Internal Auditing- Business environment
                      • 1. Strategic management concepts
                        • 2. Organizational structure and operations
                          - Business processes and information systems
                          • 1. IT and information security fundamentals
                            • 2. Financial accounting and reporting basics

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