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A certified internal auditor is an internal auditor who has passed a specific test that proves their quality and understanding of the work they do. Internal auditors who want to advance their careers to the next level should consider taking the certification exam to become a certified internal auditor.

General Job Description

Internal auditors are quality control managers. They can work as staff members for companies or they can be called in on an as-needed basis. Their job is to analyze the productivity and financial organization of a business and report their findings to upper management. A certified internal auditor considers every aspect of an organization’s production and bookkeeping methods and creates a consolidated outline of how the operations are really being handled. They also provide suggestions for areas that could use improvement. Internal auditors are the best defense against poor performance or low quality goods and services.

Education and Training Requirements

The education required to become an internal auditor depends somewhat on what area of business the auditor intends to work in. Most auditors study economics and finance at a four-year college or university before they go into audit work. This prepares them for the in-depth financial analysis work that they will probably end up doing as a major part of their job. To become a certified internal auditor, you need to successfully pass a specific certification exam. You can find training for the exam through vocational schools and community colleges nationwide. There are also online based programs that will prepare you for the certified internal auditor exam.

Typical Salary

The salaries for certified internal auditors have been rising sharply in recent years. Individuals who pass the certification exam can expect to earn up to $100,000 annually. That figure can rise depending on the field that the auditor works in. Technology auditing is growing substantially, which is driving up the salaries of certified internal auditors who are proficient in auditing technology based companies. Financial auditors are also enjoying a growing demand. Certified internal auditors who work for large corporations can expect to make as much as $200,000 on average, depending on their experience, certification level, and the type of auditing they perform.

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A certified internal auditor (CIA) is an individual who has met the requirements for certification as established by the Institute of Internal Auditors (IIA).

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Q: What is a certified internal auditor?
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Certified internal auditor book free?

you can probably go to a library

Can statutory audit be done after tax audit?

Statutory Audits are those mandated by a statute. So by that definition even tax audit is a statutory audit.The management of the organization makes the appointment of an internal auditor. The statutory auditor is appointed by different authorities. First statutory auditors are appointed by the shareholders in the annual general meeting. The main object of the statutory audit is to form an opinion on the financial statement of the organization auditor has to state that whether the financial statements are showing the true and fair view of the affairs of the organization or not. The main object of the internal audit is to detect and prevent the errors and frauds.The scope of the statutory audit is fixed by the company act. it can not be changed by mutual consent between the auditor and the management of the audited business unit. The scope of the internal audit is fixed by the mutual consent of the auditor and the management of the unit under audit.

What is Low-balling in audit fee?

Low balling in audit fee is happened when an auditor offers a lower fee than current auditor. The successor auditor does not expect to obtain much benefit in first year as its fee is very law, but successor auditor expects to obtain more benefits in next year.

Who is Dr.Savitz?

Dr. Savitz is a doctor who is board certified in Internal Medicne. As of August 2013, he is 74 years old and works at Beth Israel Deaconess Healthcare.

Who is Walt Disney company external auditor?


Related questions

What certifications are accepted for the Professional Recognition Credit for Part IV of the US certified internal auditor exam?

an individual who is a certified public accountant, certified management accountant, certified information systems auditor, or certified bank auditor is eligible to receive Professional Recognition Credit for Part IV of the CIA examination.

What is a passing score on the certified internal auditor exam?

The passing score for the exam is 75 percent.

Do you have to be a member of the Institute of Internal Auditors in order to take the certified internal auditor exam?

It is not necessary to be a member of the IIA in order to take the examination.

What is the certified internal auditor exam review?

Short notes, practical exercises. You should get one if you want to pass. Check this link

Is words auditor means internal auditor?

No. The word auditor doesn't only mean an internal auditor but also an external auditor. An auditor could be an internal or an external auditor. In most cases simply an auditor means an external auditor.

Certified internal auditor book free?

you can probably go to a library

How much experience is required to become a certified internal auditor?

In order to become a CIA, there is an experience requirement of twenty-four months of internal auditing or its equivalent.

How many people pass the certified internal auditor exam?

The average pass rate by exam part is 45 percent.

What has the author Robert M Atkisson written?

Robert M. Atkisson has written: 'Certified internal auditor examination' -- subject(s): Examinations, questions, Internal Auditing

Is bank auditor training offered online?

I haven't seen many banking auditors with the CCBIA designation. I see more of the CBA (Chartered/Certified Bank Auditor)designation offered. An internal audit training course for internal auditors in banks and financial.

How many people are certified in internal auditor exam in Brazil?

1,500 professionals but the most this people you find in Deloitte in São Paulo Brazil

What is the difference between CIA and CPA?

CIA stands for Certified Internal Auditor while CPA stannds for Certified Publlic Accountant. CIAs tend to work as internal auditors (surprise) while CPAs tend to work as accountants and external auditors.