CIA Challenge Exam for CAs & CPAs


(From 17 qualified accounting bodies across the globe)

Improve Proficiency and Build Credibility


FAQs


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Syllabus

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CIA Challenge Exam


All active members of the 17 qualified accounting bodies (which includes the Institute of Chartered Accountants of India - ICAI), can take advantage of this unique opportunity to earn the Certified Internal Auditor® (CIA®) designation through an expedited process and join the more than 170,000 CIAs worldwide who have achieved this highly respected global certification. The Global Institute of Internal Auditors (The IIA) is offering a challenge exam that will include CIA exam content not already covered by the accounting examination syllabus. In offering the challenge exam, The IIA continues to demonstrate the uniqueness of internal auditing as a profession and now helps active members of 17 accounting bodies, who are members of IFAC, to acquire an internationally recognized certification in internal auditing. The CIA Challenge Exam application will be available for eligible candidates residing in India, starting August 2021.

Obtain the CIA designation today


By earning the CIA designation, you will join an elite group of individuals who have experienced global professional growth and upward mobility in their career. Adding the CIA credentials to your resume will elevate you among your peers and demonstrate that you are:

  • A credible and trusted internal auditor
  • A stronger, more competent professional who is knowledgeable
  • Equipped for career-advancing opportunities

Candidates who are active members of IIA and residing in India can avail the discounted pricing. Those who are not IIA members should reach out to IIA India to process their membership in order to avail the discounted pricing for the CIA Challenge Exam prior to starting any application.


Contact details for Individual Membership are as follows:

Type of Members Contact Number Email
Individual Members 9326652393 bombaychapter@iiaindia.co


Contact details for Corporate Membership are as follows:

Type of Members Contact Number Email
Corporate Members 9004512247 Coordinator@iiaindia.co

Who Is Eligible?


Candidates must be active members of one of the following 17 qualified accounting bodies listed below. Former members and students are ineligible.

  1. Association of International Certified Public Accountants (AICPA)
  2. Association of Chartered Certified Accountants (ACCA)
  3. Chartered Accountants Australia and New Zealand (CA ANZ)
  4. Chartered Accountants Ireland Institute
  5. Chartered Professional Accountants Canada (CPA Canada)
  6. CPA Australia
  7. Hong Kong Institute of Certified Public Accountants (HKICPA)
  8. Institute of Certified Public Accountants in Ireland (CPA Ireland)
  9. Institute of Chartered Accountants in England and Wales (ICAEW)
  10. Institute of Chartered Accountants of India (ICAI)
  11. Institute of Chartered Accountants of Scotland (ICAS)
  12. Institute of Singapore Chartered Accountants (ISCA)
  13. Malaysian Institute of Certified Public Accountants (MICPA)
  14. Philippine Institute of Certified Public Accountants (PICPA)
  15. Registro Oficial de Auditores de Cuentas (ROAC)
  16. Saudi Organization for Certified Public Accountants (SOCPA)
  17. South African Institute of Chartered Accountants (SAICA)

IMPORTANT: While applying for the exam, the eligible members need to provide reliable evidence of their active membership with the above institutes. Eligible Members should submit the following documents at the application stage:


  • A scanned copy of the CA / CPA certificate issued by the approved accounting body

  • A screenshot of the active member status as displayed in the website / public registry

CIA Challenge Exam Package

In addition to saving time, the CIA Challenge Exam offers significant financial savings.

The CIA Challenge Exam bundle is priced as follows:

  • US$ 896.25 for IIA members residing in India;

  • US$ 1,195 for IIA members residing outside India

  • US$ 1,545 for non-IIA members.

The fee includes:

  • CIA Challenge Exam application fee

  • CIA Challenge Exam registration fee

  • CIA Challenge Exam Study Guide for Qualified CAs

  • Access to the International Professional Practices Framework and the Standards to help you prepare for the exam All fees are non-refundable and non-transferable.

Retake of the challenge exam


Candidates who are unsuccessful in passing the examination in February, March & June 2021 will have additional opportunities to retake the exam within the three-year program window. There has to be a waiting period of 60 days between 2 attempts.


The current fee for the retake exam is:

  • US$ 596.25 for IIA members residing in India,

  • US$ 795 for IIA members residing outside India and

  • US$ 945 for non-IIA members

The IIA’s CIA Challenge Exam Study Guide for qualified candidates combines online reading materials and study tools to teach and reinforce the CIA challenge exam syllabus in a flexible, on-demand format. All CIA challenge exam candidates will enjoy the following:


  • A fully online learning experience, CIA Learning System, allowing candidates flexible study time.

  • Comprehensive online reading materials and downloadable e-reader files.

  • 1000 practice questions to test their comprehension and ability to apply concepts. *Please note these practice questions are developed independently of The IIA Global Certifications department and based on the publicly listed syllabi.

  • A glossary of terms.

  • A video tutorial providing an overview of the IPPF components.

  • Access to these online study tools for one year.

Once approved into the program, candidates will receive the email invitation for the CIA Learning System within 7 days from The IIA’s CIA Distribution Center with the subject line, “Action Required - Your IIA Online Access”.


Candidates will need to activate the CIA Learning System separately. For questions or assistance with the CIA Learning System please reach out to customercare@learncia.com to inquire further.


Program Timeline and Additional Information


Timeline
Application & Payment Window Aug – Sep 2021 *
IIA India Membership Registration Throughout the year - 2021 & 2022
Testing Windows in 2021 & 2022 Nov 2021 & Jan 2022
Retake Window After a gap of 60 days


Once approved into the CIA Challenge exam, you have three years to pass the CIA Challenge exam conducted by IIA Global, either in India or abroad. *After exam registration is completed you have 180 days to schedule and sit for the examination. The first exam registration fee is included in the application bundled price. Retake examinations are available for an additional fee. There is no maximum number of times candidates may retake. If you are unsuccessful, you will have other opportunities and may test in one of the testing windows in 2021 and afterwards.


The exam is:


  • Comprised of 1000 multiple choice questions based on the syllabi.
  • Based on the International Professional Practices Framework and the Standards.
  • Of three hours duration
  • Offered in English only based on scaled scoring.
  • A passing score of 600 is required out of 750 points.

Program Duration


Once approved into the CIA Challenge exam candidates have 3 years to complete their examination to obtain the CIA designation. The IIA does not limit the number of attempts during the 3 years but candidates must test in one of the testing windows as listed above.

Once an exam registration is completed a candidate has 180 days to schedule and sit for that examination and candidates will have at least one option of a testing window. Please refer to the Certification handbook under the resource tab within your CCMS profile for additional program policies.

For example, if an individual is approved into the CIA Challenge exam on February 1, 2021, their program will expire on February 1, 2024. When an exam registration is completed the candidate has 180 days to schedule and sit for that examination. The PearsonVUE online portal will indicate which locations and dates the examination appointments are available.

Candidates are advised to check seat availability in a location of their choice well in advance.

Use www.pearsonvue.com/iia then select “find a test centre”

The CIA Challenge Exam is to be taken at a PearsonVUE testing centre


Prepare for the Challenge Exam


Review the topics covered by The IIA’s CIA Challenge Exam for qualified candidates with a customized course that provides an overview of the international standards of internal audit. The course is available in English only and delivered through on-demand video segments that are broken into three modules totaling 14 hours, allowing candidates the flexibility to study on their own personal schedules.


Application Steps

IIA members residing in India are entitled to discounted pricing and need to ensure that their IIA membership is active. Candidates who are not IIA members and interested in availing discounted pricing should visit the IIA India website for membership application.


Candidates are required to complete the application, registration, and scheduling process within the windows as listed above. The steps to be followed are:

  • Create a profile or log into the Certification Candidate Management System (CCMS). If you are an IIA member please confirm this is reflected on the CCMS homepage prior to enrolling in the CIA Challenge Exam.

  • Select “Apply for Certified Internal Auditor”

  • Select “Accounting body challenge exam.”

  • After the payment screen, you must upload -

  • A government-issued ID (Aadhar card / passport / driving license).

  • A scanned copy of the CA certificate and a screenshot of the public registry indicating your membership with the qualified accounting body is still active.

1. Once all documents are uploaded and the character reference is received, the application will be reviewed. Electronic character reference needs to be followed up by you to expedite processing. Approval may take up to 7 calendar days after supporting documents are received. Once approved into the program, you may register and schedule your examination.

2. To register and schedule your exam, select “Manage my program” then select the examination on the left navigation bar then “Register”.


Exam Registration and Scheduling


1. Once approved into the program, access your CCMS account and select “Manage My Program” to register your exam with PearsonVUE. Upon completing the registration process select Download FAQs“Access PearsonVUE” from the main menu bar and follow the onscreen instructions for scheduling your appointment. During the scheduling process you will have to select a testing center to take your exam​.


2. To find the nearest testing center, visit the Pearson VUE page and select “Find a test center.”


Candidates are advised to check seat availability in a location of their choice well in advance. Use www.pearsonvue.com/iia then select “find a test center”


Accessing Score Reports and Exam Scoring


Approximately 24 hours after you have completed your exam, you will receive a system-generated email notifying you that your exam score is available. You may also check your score online by logging into your CCMS profile and selecting “Access Pearson VUE,” then selecting “View Score Reports.” To learn more about how the examinations are scored visit here


Exam Security


The IIA, the Professional Certifications Board, and Pearson VUE take exam security seriously because the value of your certification depends on it. That’s why IIA Global created an Exam Security Team to enhance processes and procedures and increase investigative measures to protect The IIA’s exam intellectual property (IP).

Unauthorized possession, reproduction, publication, or disclosure of any examination materials, including storing or disclosing examination questions to any person or entity by any means before, during, or after the examination, is prohibited by copyright laws and can result in candidate disqualification or other appropriate censure. Studying from recalled test content is also improper and can lead to severe penalties. If you are aware that an exam has been exposed, do not purchase such materials. Report the incident to The IIA at examsecurity@theiia.org. Additional information can be found on the Exam Security page or within the Certification Handbook.