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What is Happening? Price increase from contracted vendor takes effect 1 January Candidates to not experience the increase until 1 April The.

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Presentation on theme: "What is Happening? Price increase from contracted vendor takes effect 1 January Candidates to not experience the increase until 1 April The."— Presentation transcript:

1 2017 Certification Fee Increase Institute Communication Plan December 2016

2 What is Happening? Price increase from contracted vendor takes effect 1 January Candidates to not experience the increase until 1 April 2017. The increase is for the “seat time” we pay Pearson VUE. Fees paid by certification Candidates have not increased since 2011.

3 2017 Application, Registration, and CPE Reporting Fee Increase
Several factors contributed to the decision to increase the fees: Our certification vendor, Pearson VUE, will increase prices for candidate “seat time” (the amount of time allotted for candidate testing) at all Pearson VUE test centers. First price increase experienced from Pearson VUE since we began utilizing their test centers in 2008. Based on market demand, certification portfolio expanded significantly over the last several years. We launched the CRMA, QIAL, and Internal Audit Practitioner programs; and acquired the BEAC Certification programs (CPEA and CPSA). These additions have been funded on the original business model. The IIA continues to invest in the security of our certification portfolio intellectual property. This investment ensures the rigor, credibility, and reputation of our certification programs. IIA Global compared the new fees against other organizations and determined that IIA Global certification fees are in line with industry pricing.

4 2017 Fee Increase

5 Application and Registration Fee Increase
2017 Certification Application and Exam Registration Fees Member Non-Member Student/Professor Product Current 2017 Fee Applications US $100 US $115 US $200 US $230 US $50 US $65 CIA Part 1 US $250 US $280 US $350 US $395 CIA Part 2 US $300 US $345 US $150 US $180 CIA Part 3 Specialty Exams US $380 US $450 US $495 N/A Exam registration fees vary due to seat time of exam/parts.

6 2017 Continuing Professional Education Fees (Paid by Institute)
2017 CPE Fee Increase 2017 Continuing Professional Education Fees (Paid by Institute) Member Non-Member Product Current 2017 Fee CIA or QIAL CPE/CPD US $12.50 US $17.50 US $50 US $60 Specialty CPE US $5 US $10 CPE fee increase: Members - $5.00 for CIA and Specialty Non-Members $10 (if paid by Institute) If an Institute pays the CPE reporting fee on behalf of their certified individuals, by July, Institute is eligible for substantial discount. If Institute doesn’t pay on behalf of certified individuals, then the individual is responsible to pay the fee. New exhibits will be distributed in early 2017 which outline the full discount options for Institutes.

7 2017 CPE Fee Increase 2017 Continuing Professional Education Fees (Paid directly by Certified Individual) Member Non-Member Product Current 2017 Fee CIA or QIAL CPE/CPD US $25 US $30 US $100 US $120 Specialty CPE US $10 US $20 Individuals that pay their own CPE fees will experience the increase when reporting 2017 CPEs. CPE fees are used to fund current and future program operations ensuring the rigor, reputation, relevance, and security of the certification program.

8 Timeline

9 Timeline September Discussion and feedback from Institutes.
Communication strategy defined. Tools for communication strategy developed and refined. October Proposed fees reviewed through budget process. November / December New addenda exhibits distributed. Fee change publicly communicated. Fee increase from vendor effective. January 2017 New fees in effect. April 2017

10 IIA Global Support Tool Kit Resources
Dedicated Resource web page for Institutes FAQs PowerPoint presentation Content and Schedule Dedicated Web Page for certification candidates and certified individuals Addenda Exhibit Updates will be distributed in early 2017

11 Communication Strategy
Fee increase communicated to: Institutes – From IIA Global Individuals – From Institutes/IIA Global Certification candidates in process Certified Individuals

12 Communication Messaging
Individuals January – Announcement of fee increase February/March – Reminder s April – Fee increase effective 4th Quarter CPE reporting communication reinforcing fee increase


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