Why and How It’s Changing

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Presentation transcript:

Why and How It’s Changing CIA Exam: Why and How It’s Changing IIA Global Certifications October 2017

Why the CIA Exam Is Changing The business world faces ongoing changes and emerging risks that impact how internal auditors meet their organization’s needs. Organizations and stakeholders expect internal auditors to do more and be better at it. The knowledge and skills internal auditors need to possess to provide professional assurance and consulting services continually evolves. The CIA exam content needs to remain current and valid, and better aligned with the Standards.

How the CIA Exam Is Changing The Exam Development Committee (EDC) led a comprehensive review of the current three CIA exam syllabi. Global CIA Job Analysis Study conducted in March / April, 2017, in 11 languages. More than 3,000 responses were received. An external independent Psychometrician analyzed the survey results and confirmed the need to revise the current three‐part CIA exam. The next version of the CIA exam was finalized by EDC. The revised CIA exam syllabi were approved by the Professional Certifications Board (PCB) and The IIA Global Board of Directors.

How the CIA Exam Is Changing CIA Part One: Essentials of Internal Auditing

How the CIA Exam Is Changing CIA Part Two: Practice of Internal Auditing

How the CIA Exam Is Changing CIA Part Three: Business Knowledge for Internal Auditing

Timeline 2018 2019 Q1 Q2 Q3 Q4 Recruit Beta Testers Beta Test Passing score study Release new CIA exams Jan. 1 (English only) Release non-English exams CIA candidates will be able to sit for the current exams until the revised exams are available in respective languages. CIA candidates who have successfully passed an exam part based on the current syllabus retain credit for the same part. CIA candidates who have successfully passed all three exam parts and earned the CIA designation do not need to take any action other than fulfilling annual CPE requirements.

Communication to CIA/CRMA Candidates The IIA will keep in-process and future candidates current on the exam transition via the following communication channels: Emails Dedicated web page – www.theiia.org/globalupdatecia Certification Corner Newsletter Web ads/buttons Messaging on certification web pages

Information Available at www.theiia.org/globalupdatecia CIA Exam Syllabi Revisions Handbook Why and how it’s changing P1 syllabus comparison/P1 reference list P2 syllabus comparison/P2 reference list P3 syllabus comparison/P3 reference list Timeline for exam transition FAQs 17 Questions and Answers Outline of syllabi revisions

Thank you! The IIA’s Customer Relations team is available to assist CIA candidates during the transition. Call +1-407-937-1111 or email CustomerRelations@theiia.org.