Is The CIA Credential Right For Me?
Should I sit for the Certified Internal Auditor Exam?
So, you’re considering becoming a Certified Internal Auditor (CIA)? That’s great! It can be a fantastic career move for a lot of professionals in the auditing field. But the CIA Exam is no laughing matter, and it will take time to earn. While the right study materials will help cut that time down, it’s still important to know that this is the right credential for you first.
So, on this page, we’ll talk more about what a CIA is and can do to help you align it with your career goals.
First, what does a CIA actually do?
The CIA designation is granted by the Institute of Internal Auditors (IIA) and is the only globally recognized internal audit certification. Internal auditors are financial professionals who conduct audits, develop procedures and test internal controls. They must adhere to testing procedures, identify financial discrepancies and generate actionable recommendations and concise audit conclusions.
The job titles vary, but common titles are:
Risk Assessment Specialist
Internal Controls Auditor
Information Systems Auditor.
Salary Benefits of a CIA
Becoming a CIA does mean you can see a little more money in each paycheck – in fact professionals with this certification can see a median salary increase of $38,000. Plus The U.S. Bureau of Labor Statistics estimates that the number of auditing and accounting careers is set to grow faster than average, with an increase of 139,900 jobs by 2026.
You can find out more by checking out our CIA Salary Guide here.
What Experience Do CIAs Need?
So, now you know what a CIA is, the kind of job roles you could be eligible for, and that you can expect a pretty substantial pay increase. But there is a certain amount of experience required – you can find out more about that below.
To qualify for the Certified Internal Auditor (CIA), candidates must:
graduate from an accredited university or college
have two years of work experience as an internal auditor
pass a four-part test.
How to Get a CIA
To become CIA certified, you need to pass the exam with a score of at least 600 across the three parts – so, how do you go about that?
1. Find a CIA Review Course that fits with your personal learning style – this is crucial to ensuring your study sessions are efficient. We recommend you get started with as many free trials as possible to ensure you know exactly what works for you.
2. Register for the CIA Exam – for this we recommend that you create an account with The Institute of Internal Auditors (The IIA), which you can do here.
3. Sit for and pass the CIA Exam – using our one-of-a-kind ReadySCORE™ technology to know exactly when you’re ready to sit, by telling you your score to 99% accuracy.