iia new qualifications presentation.pdf

New qualifications for a

global profession

Jan Olivier

IIA Learning Manager

What I will cover today

1. The recent changes to our qualifications

2. The global qualifications suite

3. Studying for the CIA

4. Studying to become a Chartered Internal Auditor

5. Qualification in Internal Audit Leadership

6. Arrangements for existing students

7. Any questions?

www.iia.org.uk/qualifications

The new global qualifications framework


IIA CERT

Why?

We are responding to changes in the profession and to

the needs of our members:

• The profession is increasing in credibility, value

and status

• Markets are increasingly globalised

• Cost and flexibility are important



The new pathway to chartered status


New leadership qualification: QIAL

Studying for the Certified Internal Auditor


Why choose the CIA?

1. Globally recognised

awarded to 140,000 internal auditors since 1973

2. Flexible

three exams can be taken anytime at 100+ centres

3. Cost effective

can cost as little as £1,295 +VAT to complete


Eligibility

To register and complete the exams you need ONE of the

following:

• A degree in any subject

• Two years' post-secondary education (such as A-levels) and

two years' experience in internal audit

• Four years' experience in internal audit


Eligibility

To be awarded the CIA designation you must have ONE of the

following:

• A degree in any subject and two years’ internal audit

experience

• Two years' post-secondary education (such as A-levels) and

five years' experience

• Seven years' experience in internal audit


Three multiple-choice exams

1. Internal auditing basics

• Mandatory guidance

• Internal control / risk

• Conducting internal audit

engagements – tools and techniques

2. Internal audit practice

Managing the internal audit function

Managing individual engagements

Fraud risks and controls


3. Internal audit knowledge elements

Governance / business ethics

Risk management

Organisational structure

Communication

Management / leadership principles

IT / business continuity

Financial management

Global business environment








• Managing the internal audit function

• Managing individual engagements

• Fraud risks and controls



Governance / business ethics

Risk management

Organisational structure

Communication

Management / leadership principles

IT / business continuity

Financial management

Global business environment








• Managing the internal audit function

• Managing individual engagements

• Fraud risks and controls



• Governance / business ethics

• Risk management

• Organisational structure

• Communication

• Management / leadership principles

• IT / business continuity

• Financial management

• Global business environment

Choice of exam centres

Take the exams at over 100 Pearson Vue centres within the UK and Ireland, including 12

in Ireland:


Belfast

Birmingham

Bristol

Cardiff

Derby

Dublin

Edinburgh

Glasgow

Leeds

London

Newcastle-upon-Tyne

Nottingham

Plymouth

Manchester

Liverpool

CIA Learning System

Prepare to pass with a flexible self-study system:

User-friendly online learning tool

Generates a unique study plan

Study texts and quizzes

Text books

Exam questions


Exam preparation workshops

• Intensive face-to-face tuition workshops

• CIA parts 1 & 2: two-day workshop for each

• CIA part 3: four-day workshop

• London, Manchester, Bristol

• 4–6 times per year


Studying to become a

Chartered Internal Auditor


Why become chartered?

• Maximise your potential and raise your profile

• CMIIA designation denotes the highest level of

professional excellence in internal auditing

• Master the strategic and technical skills required to

play a key strategic role in your organisation

• Be prepared to lead an internal audit function


When can you start studying?

• Every CIA holder can go on to become a

Chartered Internal Auditor

• Start studying as soon as you’ve passed the

CIA exams – no need to wait until CIA awarded

• Three years’ relevant experience required

at completion


Three case study exams

1. Internal audit leadership

• Internal audit planning

• Internal audit relations

• Internal audit quality

• Internal audit talent management

2. Organisational leadership

Governance, risk, and control

Strategy

Insight

Culture

Assurance


3. Ethical leadership

Ethics and ethical behaviour

Corporate social responsibility

Long-term organisational sustainability








• Governance, risk, and control

• Strategy

• Insight

• Culture

• Assurance



Ethics and ethical behaviour

Corporate social responsibility

Long-term organisational sustainability









• Strategy

• Insight

• Culture

• Assurance



• Ethics and ethical behaviour

• Corporate social responsibility

• Long-term organisational

sustainability









• Strategy

• Insight

• Culture

• Assurance



• Ethics and ethical behaviour

• Corporate social responsibility

• Long-term organisational

sustainability

… and finally, a professional

experience journal

Chartered IIA study system

• Concise study texts written by experts

• Practice case studies and mock exams

• Tutor assistance

• Quizzes, video, wikis, podcasts

• Peer support via student forums

• Access to each module of tuition

for one year


Case study exam workshops

• Interactive two-day workshop for each module

• Covers the syllabus in some depth

• Tools and techniques for approaching the exams

• Opportunity to work through a practice case study

• Held in London, three times per year


Our team members who hold the CMIIA are

recognised as role models and their skills and

expertise also make them a valuable source of

talent for other parts of the business.

Grant Harrison CFIIA

Head of Internal Audit, BT Group Internal Audit


Qualification in Internal Audit Leadership


New leadership qualification

• Developed by IIA Global with the Chartered IIA

• Chartered members can complete a presentation

and panel interview task to earn the QIAL

• Five years’ relevant experience required

at completion


Arrangements for existing students


Three-year transition period

• Existing students have three years to complete their

current qualification

• Switch over to a new qualification with credit for modules

completed, at any time

• PIIAs and CMIIAs can accept CIA and use both

designations

• CIA will usually be required to take the case study exams

leading to chartered status – PIIAs advised to accept it


Transitioning to the CIA

IIA Diploma modules passed will earn credit towards the CIA:

Modules passed Credit may be claimed for

P1, P2 and P4 (all three modules) CIA part 3

P3 CIA part 2

P3 and P5 (both modules) CIA part 1

Full details at www.iia.org.uk/transition


Transitioning to the QIAL

IIA Advanced Diploma modules passed will earn credit towards

the QIAL:

Modules passed Credit may be claimed for

M1 Case study 2

M3 Case study 1

M1, M2, M3, M4 Case studies 1, 2 and 3

Full details at www.iia.org.uk/transition


iia new qualifications presentation.pdf

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