September 9, 2016
Recently, The Institute of Internal Auditors (IIA) released a new version of the International Professional Practices Framework (IPPF). This framework consists of the principles, codes, and standards that The IIA promotes in order to direct the internal auditing profession. While the new IPPF includes mandatory and recommended guidance that will affect the actions of internal auditors in the field, many accountants preparing to further their career and increase their professional development are curious how it will impact the CIA exam.
June 2, 2016
Like most things, the CIA designation is not free. While the benefits of becoming a CIA definitely outweigh the accrued expenses of time, effort, and money, CIA candidates will have to deal with the CIA exam fees first.
Though the CIA exam fees are unavoidable, they do not have to be unmanageable. The secret to receiving big discounts on CIA exam fees is to become a member of the Institute of Internal Auditors (IIA).
April 27, 2016
Although the content of CIA exam is challenging, the format and grading is uncomplicated.
The simplicity of the CIA exam starts with the parts of the exam and continues to the other aspects. The three parts, titled “Part 1”, “Part 2”, and “Part 3,” consist entirely of multiple-choice questions. No matter when or where you decide to take the CIA exam, a computer handles the administration and scoring, and the absence of varied question types, such as essays or case studies, allows the questions to be equally weighted. The exam is positively graded, so candidates are not penalized for wrong answers. While pre-test questions appear randomly throughout the exam, they do not count toward a candidate’s score.
April 27, 2016
Once you plan to pursue the CIA certification, the process of taking the CIA exam is fairly straightforward. You should begin by learning about the CIA exam and deciding which part to take first and which CIA review course to use. Then, you simply schedule, study for, sit for, and pass the CIA exam, and you can begin to enjoy the many benefits of becoming a CIA!
Taking the CIA exam is less complicated than taking other accounting certification exams because it involves fewer restrictions. Unlike the CPA or CMA exam, the CIA exam does not entail exclusive exam sessions or testing windows during which you can sit for the exam. Instead, you have options for when and where to take the CIA exam.
April 20, 2016
Does becoming a CIA sufficiently reward the effort of earning the CIA designation? The best way to be sure is to get the facts, and the facts about the CIA designation reveal that becoming a CIA offers educational, professional, and personal benefits.
Educational Benefits of Becoming a CIA
Achieving the CIA designation expands the scope of your internal audit knowledge and skills. As you study for the CIA exam, you come to understand the profession at a deeper level, and when you pass the exam, you solidify your status as an internal auditing expert. Your enhanced understanding improves your professional performance, and consequently, your confidence and competence escalate as well.