123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Education >> View Article

Iia-cfsa:earning Recognition Through Certified Financial Services Auditor Exam

By Author: Jimmie S. Ritchie
Total Articles: 47

This exam is aimed at audit professionals who are working in banking institutions, financial organizations, insurance companies, security and commodity services, holding and investment companies, credit agencies, and other such institutions.
If your goal is to continue to grow as a financial services audit professional and demonstrate the breadth of your financial services knowledge, the CFSA designation is for you.

Exam Outline
The Certified Financial Services Auditor exam covers four areas:
Domain I: Financial Services Auditing
 IIA International Professional Practices Framework
 Internal Control/Risk Management/Governance
 Internal Control Frameworks
 Risk Management Frameworks
 Governance Models
 Audit Process
 Audit Planning
 Audit Fieldwork
 Audit Communications
 Monitoring Outcomes
 Implications of Information Technology
 Auditing Financial Statement Elements

 Balance Sheet
 Statement of Cash Flows
 Income/Expense Statement
 Off Balance-sheet Items

Domain II: Auditing Financial Services Products
 Lending/Loans
 Deposits
 Trusts
 Annuities
 Derivatives
 Electronic Services
 Cash Management Services
 Stocks
 Bonds
 Commodities
 Mutual Funds
 Employee Benefits
 Capital Market Products
 Securities Lending
 Insurance Policies
 Insurance Products
 Foreign Exchange
 Asset Management
 Money Market Products

Domain III: Auditing Financial Service Processes
 Risk Management
 Underwriting
 Securitizations
 Treasury Operations
 Back-office Operations
 Marketing Sales and Distribution
 Claims
 Investments
 Broker/Dealer Activities
 Rating Advisory Service
 Mergers and Acquisitions
 Loan Operations

Domain IV: The Regulatory Environment
 Overview of the Regulatory Environment
 Laws and Regulations
 Stock Exchanges and Other Markets
 Money and Banking

Recommended Prerequisites
It is recommended that candidates must have a 4 year degree or an educational equivalent. If not then a 2 year degree course with 3 year experience in a financial institute. A candidate should have two years of auditing experience in a financial institute.
A Character Reference Form signed by a CIA, CGAP, CCSA, CFSA, CRMA, or the candidate's supervisor must be submitted.
Exam Detail
The exam consists of 115 multiple-choice questions and candidates have 2 hours and 55 minutes to complete them. The exam format is multiple choice questions.
The CFSA exam is offered in five languages: Chinese, English, Italian, Portuguese and Spanish.
The exam is available all year round at more than 500 locations globally. It is computer based testing. Candidates can register for the exam at Pearson VUE testing centers.

Click Here to find out more details about ExamCertify study material for IIA-CFSA and get 15% discount.

Total Views: 87Word Count: 336See All articles From Author

Education Articles

1. Qtp Training
Author: SVR TECHNOLOGIES

2. Educating Your Children In The Right Process With An Effective Preschool Education
Author: Lyn Connolly

3. Oracle Fusion Financials Overview – All Need To Know!
Author: Aditi

4. Top 5 Advantages Of Distance Mba Learning
Author: jitendra

5. How To Choose The Best Computer Programming Training Course For You
Author: Multisoftsystems

6. Software Training Institutes In Bangalore
Author: first enquiry

7. Welcome To Bangladesh Medical College
Author: Jeson Roy

8. What Is Java And Why To Learn Java?
Author: infocampus

9. Why Should You Hire Us To Complete Your Online Assignments
Author: Mark Giaccone

10. Benefits Of Aws Certification
Author: Amit Novelvista

11. Digital Marketing Course Training Center In Hyderabad With Google Cert
Author: NIDM Hyderabad

12. Swift: A New Programming Language Developed By Apple
Author: infocampus

13. How To Stay Committed In An Online Course
Author: Tom Greenfield

14. Top 4 Reasons To Choose Data Science Training
Author: Multisoftsystems

15. Enhance The Possibility Of Reaching Wide Group Of Audience
Author: Mrs. Manushree Soni

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: