Jump to content

Institute of Internal Auditors

From Wikipedia, the free encyclopedia
(Redirected from Certified Internal Auditor)
The Institute of Internal Auditors
AbbreviationThe IIA or IIA
FormationNovember 1941
TypeNGO
HeadquartersLake Mary, Florida, United States
Region served
Global
Membership260,000+ (2025)
Anthony J. Pugliese
Terry Grafenstine (2024-2025)
Websitewww.theiia.org
[1] [2]

The Institute of Internal Auditors (The IIA) is an international professional association.[3] The IIA offers professional certifications and provides standards for the internal audit profession.

History

[edit]

The IIA was established in November 1941. The first five chapters were founded in five cities the following year. The first international chapter was established in Toronto in 1944. Additional international expansion outside North America occurred in London and Manila in 1948, with chapters in Japan and Australia in 1952.[4]

The IIA Code of Ethics was formally adopted in 1968. A common body of knowledge followed in 1972. The Certified Internal Auditor examination was established in 1974.[5] The IIA first issued professional standards, the Standards for the Professional Practice of Internal Auditing, in 1978.[6] In 1985, The IIA was one of the original sponsors of the Committee of Sponsoring Organizations (the Treadway Commission).[7]

In 2025, The IIA had more than 260,000 members from over 170 countries and territories.[4] The IIA's global headquarters are in Lake Mary, Florida.[8] Anthony Pugliese is the President and CEO of the organization.[9]

Professional certifications

[edit]

The Certified Internal Auditor (CIA) [10] certification is the primary professional designation offered by The IIA. The CIA certification is a globally recognized designation.[11]

In order to become a CIA, candidates must pass the three-part CIA exam as well as meet certain educational and professional experience requirements stipulated by The IIA.[12] The IIA also offers the CIA certification through a one-part exam, called the CIA Challenge Exam,[13] for those who are already a Certified Public Accountant, Chartered Accountant, or Certified Information Systems Auditor.[13]

CIAs are annually required to earn continuing education hours to renew their certifications.[14]

As of December 31, 2021, there were 178,512 holders of the CIA designation.  Almost half were in Asia Pacific (85,604), with North America coming in second (57,482).[15]

Other currently awarded certifications

[edit]

The IIA also currently offers the following certifications:

  • Internal Audit Practitioner (IAP). This certification requires a one-part exam and is geared predominately for students and new professionals.[16]
  • Certification in Risk Management Assurance (CRMA). This certification requires a one-part exam[17] and is specific to risk management assurance in the audit field.[18]

Active, but no longer awarded, certifications

[edit]

The IIA previously offered four other certifications. These certifications are no longer awarded, but those who earned them prior to their phaseout may continue to use them.[19]

The certifications that were no longer awarded after June 30, 2021 include:

  • Certification in Control Self-Assessment (CCSA)[19]
  • Certified Government Auditing Professional (CGAP)[19]
  • Certified Financial Services Auditor (CFSA)[19]

The following certification was no longer awarded after December 31, 2022:

  • Qualification in Internal Audit Leadership (QIAL)[20]

Professional standards

[edit]

In 1978, the IIA released the first version of the Standards for the Professional Practice of Internal Auditing.[6]  After several updates since then, on January 9, 2025 the revised Global Internal Audit Standards took effect.  The revised standards replaced the International Standards for the Professional Practice of Internal Auditing.[21] 

The new Global Internal Audit Standards contain domains, principles, and standards.  The five domains include an overview of internal auditing’s purpose, ethics, overall organizational governance, chief audit executive responsibilities, and audit performance.[22]  The 15 principles are broad statements within the last four domains.[23] The 52 standards provide greater detail for the principles and include requirements, considerations for implementation, and examples of evidence of conformance.[22]  

See also

[edit]

References

[edit]
  1. ^ "Internal Audit | About the internal auditing profession and The IIA". www.theiia.org. Retrieved April 20, 2025.
  2. ^ "Leadership". IIA Leadership. Institute of Internal Auditors. Retrieved April 8, 2025.
  3. ^ Staff writer (2024). "Institute of Internal Auditors (IIA)". UIA Global Civil Society Database. uia.org. Brussels, Belgium: Union of International Associations. Yearbook of International Organizations Online. Retrieved January 12, 2025.
  4. ^ a b "IIA Global Expansion Timeline". www.theiia.org. Retrieved April 21, 2025.
  5. ^ Ramamoorti, Sridhar (2003). Internal Auditing: History, Evolution, and Prospects. The Institute of Internal Auditors Research Foundation. pp. 6–7.
  6. ^ a b Pitt, Sally-Anne (2014). Internal audit quality: developing a quality assurance and improvement program. Hoboken, New Jersey: Wiley. ISBN 978-1-118-71551-2.
  7. ^ "Home". COSO. Retrieved April 22, 2025.
  8. ^ "Contact Us". www.theiia.org. Retrieved April 20, 2025.
  9. ^ "The Institute of Internal Auditors Leadership". www.theiia.org. Retrieved April 20, 2025.
  10. ^ "Certified Internal Auditor | Global Certification in Internal Audit | The IIA". www.theiia.org. Retrieved May 6, 2024.
  11. ^ "CIA Exam | Graduate Accounting | Kelley Indianapolis". Kelley School of Business. Retrieved April 22, 2025.
  12. ^ "Certification Candidate Handbook". www.theiia.org. Retrieved May 6, 2024.
  13. ^ a b "CIA Challenge Exam Options". www.theiia.org. Retrieved May 6, 2024.
  14. ^ "CIA Renewal Requirements". www.theiia.org. Retrieved April 22, 2025.
  15. ^ "Annual Report 2021" (PDF). The Institute of Internal Auditors. Retrieved November 28, 2022.
  16. ^ "Internal Audit Practitioner | Global Certification in Internal Audit | The IIA". www.theiia.org. Retrieved May 6, 2024.
  17. ^ "CRMA Exam Syllabus". www.theiia.org. Retrieved April 22, 2025.
  18. ^ "Certification in Risk Management Assurance | Global Certification in Internal Audit | The IIA". www.theiia.org. Retrieved May 6, 2024.
  19. ^ a b c d "CFSA, CGAP, CCSA Transition FAQs" (PDF). The Institute of Internal Auditors. January 2021. Retrieved April 21, 2025.
  20. ^ "Qualification in Internal Audit Leadership | Global Certification in Internal Audit | The IIA". web.archive.org. January 22, 2025. Retrieved April 22, 2025.
  21. ^ "2024 Global Internal Audit Standards". kpmg.com. Retrieved April 22, 2025.
  22. ^ a b "Overview of the new Global Internal Audit Standards 2024". www.wolterskluwer.com. Retrieved April 22, 2025.
  23. ^ "Global Internal Audit Standards" (PDF). The Institute of Internal Auditors. January 9, 2024. Retrieved April 21, 2025.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Institute_of_Internal_Auditors&oldid=1286798130#Professional_certification"