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IIA-CFSA-BANK Certification Exam covers a wide range of topics related to banking, including risk management, internal controls, regulatory compliance, and financial reporting. IIA-CFSA-BANK exam is divided into four parts, each of which focuses on a different aspect of banking audit. IIA-CFSA-BANK exam is computer-based and consists of 125 multiple-choice questions that must be completed within four hours.

To be eligible to take the IIA-CFSA-BANK Certification Exam, candidates must have a minimum of two years of experience in internal auditing, risk management, or control activities within the financial services industry. IIA-CFSA-BANK exam covers four main domains; governance and risk management, lending and credit administration, deposit and operations management, and compliance with laws and regulations. Each domain is divided into subdomains, making a total of 20% of the exam for each of the four areas.

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IIA-CFSA-BANK Exam is a rigorous and challenging certification program that requires candidates to have a solid understanding of the banking industry. IIA-CFSA-BANK exam consists of 125 multiple-choice questions that must be answered in four hours. In order to pass the exam, candidates must score at least 600 on a scale of 250 to 750.

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To be eligible for the IIA-CFSA-BANK certification, candidates must have a minimum of two years of experience in auditing financial services in a banking environment. They must also have a bachelor's degree from an accredited university or college. However, candidates with equivalent education and work experience may also be considered for the certification.

IIA IIA-CFSA-BANK Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Banking Discipline20%- Banking-specific knowledge
  • 1. Liquidity risk
    • 2. Bank governance and regulatory expectations
      • 3. Credit risk management
        • 4. Asset and liability management
          • 5. Capital management
            • 6. Interest rate risk
              Topic 2: Auditing Financial Services Processes15%- Operational auditing
              • 1. Information systems and technology controls
                • 2. Deposit operations
                  • 3. Loan processing
                    • 4. Fraud prevention and detection
                      Topic 3: Auditing Financial Services Products25%- Banking products and services
                      • 1. Treasury and cash management
                        • 2. Investment and trust services
                          • 3. Retail banking
                            • 4. Commercial lending
                              Topic 4: Financial Services Auditing25%- Risk assessment and audit planning
                              • 1. Financial services risk identification
                                • 2. Internal control evaluation
                                  • 3. Audit engagement planning
                                    Topic 5: Regulatory Environment15%- Banking regulations and compliance
                                    • 1. Capital adequacy and risk management requirements
                                      • 2. Anti-money laundering requirements
                                        • 3. Regulatory agencies and oversight
                                          • 4. Consumer protection regulations

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