Next Batch of CIA classes start by end June 2019. Classes for Part 3 of the current batch start on 7th April 2019.
The syllabus encompasses Internal audit fundamentals, Internal audit practice and business knowledge essential for internal auditors. To ensure that the exam’s content remains current and valid, IIA periodically conducts a CIA global job analysis study, to determine the knowledge, skills, and abilities most relevant to today’s internal audit professionals and accordingly make necessary amendments to the syllabus. (The last revision has been done in 2018 and the revised syllabus is effective Jan, 2019). Therefore, aspirants always are required to prepare for the exam based on most relevant syllabus aligned to industry requirements.
In addition to providing the knowledge required for conducting finance and operational audits, the syllabus addresses other audit requirements of modern enterprises, which includes Information Security Audit, Compliance Audit, Quality Audit, Analytical Audit, Performance Audit, Privacy Audit, Security Audit, Environment, Health and Safety (EH&S) Audit, Due Diligence, Forensic Audit etc. Over and above extensive coverage of governance, risk management and controls, the current syllabus includes topics on business knowledge, IT, Information security, and business analytics, which are essential ingredients to meet the current and future requirements of dynamic and complex business environments. The standards and IPPF are periodically reviewed by IIA and updated to support all types of audits required by the modern enterprises.
CIA syllabus is undergoing change from January 2019. All exams after that date will be under the new syllabus. Below is a brief overview of the new CIA syllabus:
|Part 1 Exam: Essentials of Internal Auditing
Duration: 2.5 hours
|Part 2 Exam: Practice of Internal Auditing
Duration: 2.0 hours
Part 3 Exam: Business knowledge
Duration: 2.0 hours
|Topical focus areas include:
||Topical focus areas include:
||Topical focus areas include:
The online exams with a multiple choice question pattern can be taken anytime through authorized Prometric centers spread across the country in all major cities.(one center is in Chennai).
The exams can be taken up the three parts, one at a time or complete all in one single shot. The candidate, however should clear all parts (done at one go or individually) within 4 years from the date of registration.
Membership and Exam Fees
The student should become a member of the Institute of Internal Auditors – India, to get fee concessions from IIA Inc.
To obtain membership, one time Membership Registration fee of Rs. 1500 (plus 18% GST) and Annual fee of Rs. 3500 (plus 18% GST) is payable. You are advised to check at the website of IIA India (www.iiaindia.org) if there is any change in the rates.
Those who have become Member in IIA India will be eligible for concessional Exam fee payable to IIA – Inc, Florida.
One time Exam Registration fee payable to IIA Inc is $86
Exam fee as applicable to IIA India members and is payable to IIA Inc.
Part- 2 $173
(The above are current rates and are subject to revision periodically)
The regular CIA classes will be held on Sundays from 8.30 am to 1.30 pm only as below:
|Course Details||No. of days||No. of Hours||Total Hours|
|Part I Classes||7 (Sun)||5||35|
|Part II Classes||6 (Sun)||5||30|
|Part III Classes||12 (Sun)||5||60|
|Additional Class by External Faculty||1 (Sun)||5||05|
Prepare yourself to take the exams confidently by attending our classes for New 3 part format of Examinations by Institute of Internal Auditors, Florida.
With an aim to make it easier for those CIA aspirants who do not have professional qualifications-(CA, ICWA, MBA or PG equivalent) and/or industrial experience, Grey Matter Academics conducts regular Bridge program to help and prepare such candidates with a certain level of proficiency demanded for an international certification course such as CIA.
The next Bridge Program starts on 17th June 2018
With an objective to support aspirants who could not attend regular classes and for those who would like to have a last-minute brush up before taking the CIA exam, GMA will be periodically conducting Crash Courses. The eligible student should have either attended regular classes or gone through self-study program. Freshers or those who are new to CIA will not be considered.
For Part 1 and 2, classes will be held on two consecutive days and for Part 3, classes will be on three consecutive days between 8 AM to 1 PM. Dates of the classes will be announced in the website or communicated to those who have informed us of their interest to attend.
Teaching methodology– A quick review of all important topics for four hours followed by one hour of doubt clarification and/or discussions each day. Participants will be permitted to undergo mock-test. The students may seek additional exam related guidance/ input after crash course hours from the faculty.
Fee structure- (Inclusive of detailed notes and refreshments)
|Part 1||Part 2||Part 3|
|INR. 5,000/- plus GST||INR. 5,000/- plus GST||INR. 7,000/- plus GST|
Normal fees Rs. 50,000 plus GST. (GST will be 18%)
- Next batch of classes commences on 6th January 2019
- Registration on or before 15th December 2018 will be eligible for Early Bird Offer of Rs. 5,000 discount from Normal fees
- Payment by installments (subject to conditions) will be permitted.
- For 2 installments, fees will be Rs. 52,000 plus ST.(Rs. 27,000 plus GST+one month PDC for Rs. 25,000 plus GST)
- For 3 installments fees Rs. 55,000 plus GST. (Rs. 25,000 plus GST+2 monthly PDCs for Rs. 15,000 each with GST)
- Installment scheme will not be available for those availing Early Bird Offer.
- Light refreshments, Course materials and hand outs will be provided.