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Page 1: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting
Page 2: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 2

Why CIA

About the Institute of Internal Auditors (IIA)

The Institute of Internal Auditors (IIA) is an international professional association with global

headquarters in Lake Mary, Florida, USA. The IIA, is the internal audit profession’s most widely

recognized advocate, educator and provider of global standards, guidance and certifications.

Established in 1941, the IIA today serves more than 185.000 members from more than 170

countries and territories.

About the Certified Internal Auditor Qualification

The Certified Internal Auditor® (CIA®) designation is the only globally accepted certification

for internal auditors and remains the standard by which individuals demonstrate their

competency and professionalism in the internal auditing field. The Certified Internal

Auditor program is designed to meet the needs of the professional who wishes to pursue

the world’s premier certification in Internal Auditing.

The CIA training programme is based on the detailed requirements of the CIA syllabus, and leads

to the award of the CIA designation by the Institute of Internal Auditors (IIA) of the United States

of America. There are over 165,000 internal auditors globally that hold the CIA designation.

By earning the CIA designation, you will join an

elite group of individuals who have experienced

global professional growth and upward mobility.

Adding the CIA credential 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 in

organizational governance

• Equipped for career-advancing

opportunities

Page 3: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 3

CIA Challenge Exam

As a member of one of the qualified accounting bodies, you can take advantage of this rare

opportunity to earn the Certified Internal Auditor® (CIA®) designation through an expedited

process and join the more than 165,000 CIAs who have achieved this highly respected global

certification.

The challenge exam will include CIA content not already covered

by your local accounting exam.

In offering the challenge exam, The IIA continues to demonstrate the uniqueness of internal

auditing as a profession and strengthens its strategic partnership with accounting bodies around

the world.

Who is Eligible?

Candidates must be current members of one of the following qualified accounting

bodies; former members and students are ineligible:

❖ Association of Chartered Certified Accountants (ACCA)

❖ Institute of Chartered Accountants in England and Wales (ICAEW)

❖ Chartered Accountants Australia and New Zealand (CA ANZ)

❖ Chartered Professional Accountants Canada (CPA Canada)

❖ CPA Australia

❖ Hong Kong Institute of Certified Public Accountants (HKICPA)

❖ Institute of Chartered Accountants of Scotland (ICAS)

❖ Institute of Singapore Chartered Accountants (ISCA)

❖ Philippine Institute of Certified Public Accountants (PICPA)

❖ Registro Oficial de Auditores de Cuentas (ROAC)

❖ Saudi Organization for Certified Public Accountants (SOCPA)

Important Note:

A letter of good standing prior to submitting an application is required.

For example; proof of current membership by local accounting body or equivalent

is required to complete the application process.

Page 4: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 4

NOVEMBER 2020 Course Structure

Phase I

Exam approach concepts and techniques sessions will be delivered over four evening courses (three hours

each, twelve hours in total).

❖ Thursday, 10th September 18:00 – 21:00

❖ Tuesday, 22nd September 18:00 – 21:00

❖ Thursday, 24th September 18:00 – 21:00

❖ Wednesday, 30th September 18:00 – 21:00

Phase II

The lecturer will provide insights how to apply knowledge, exam techniques and critical thinking. An

intensive questions practice weekend (fourteen hours).

❖ Saturday, 7th November 09:00 – 16:00

❖ Sunday, 8th November 09:00 – 16:00

Certificates of attendance will be awarded to eligible participants wishing to validate their

Continuous Professional Education (CPEs). Please contact the administrative team.

Assuming the Covid19 protocols allow this, the courses will be delivered ground-based, in

our Nicosia premises.

For our participants attending from abroad, or anyone who would like to avoid

coming in class, the Live Online Option will also be available to ALL participants.

Through the HYBRID MODEL, recording the tuition sessions give

the advantage of full flexibility in how and when sessions will be

viewed by participants, taking into account their busy schedules.

Page 5: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 5

Tutors Excellence

Joseph Kassapis

(BSc Maths, CPA, CIA, CMA, CGMA, CFM, CRMA)

Joseph is one of Cyprus’ most versatile, knowledgeable and reputable trainers in the wider

accounting, finance and assurance related fields. Joseph has over 20 years’ working experience

serving as a director and consultant at audit firms, following 15 years in industry in roles that

progressed from Chief Accountant to Commercial Manager to CFO/ Finance Director. For the last

18 years he has also been the owner of a company providing a full range of assurance & forensic

services, including training and consulting.

From the unique perspective of an industry expert - a trainer who has remained an audit

practitioner (Technical & Audit Director, as well as external Consultant at other firms) throughout

his illustrious training career spanning over 20 years, he can provide insights and advice of

immediate practical relevance and application to audit firms engaged in the daily struggle to

balance their professional, technical, compliance and commercial requirements. In particular, he

can provide input of instant value to the firms’ strategic priority of passing their monitoring visits.

Joseph is the consummate writer and editor of audit reports in practice, having drafted or finalised

thousands in his long, continuing career as an audit-firm director in direct charge of

reports. As such, he can make a unique contribution to his trainees’ ability to write both appropriate

and articulate reports.

Joseph’s teaching focus has long been internal auditing, including its closely related fields (fraud,

control, risk management). He is one of the world’s most prolific CIA instructor having taught many

thousands of hours, ranging from the Baltics & Russia to the Balkans & the Middle East. Joseph

has also delivered internal audit seminars & training internationally, especially on IIA’s standards.

Study Material

Upon enrolment, participants will receive the study manuals prepared by the lecturer,

which include lecturer’s notes and exam practice.

For any candidate requiring the study manual and practice question bank, these are available for

purchase by the association. Please visit:

https://global.theiia.org/certification/cia-certification/Pages/CIA-Exam-Prep-Resources.aspx

Page 6: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 6

Terms of Enrolment & Payment

Course registrations for the November 2020 CIA Challenge exam, preparation courses

has commenced. Please get in touch with our administration team for support and guidance.

To be eligible to attend the Globaltraining CIA® courses and granted access to the Moodle Platform,

candidates must complete the enrolment form and arrange the respective payment.

The following terms of payment apply:

➢ 50% upon registration

➢ 50% by the end of September 2020

Participants who need to vary their terms of payments, should refer to our Administrators.

Participants whose fees are partly covered by their employers and get a discount on their share

of fees, must settle their share upon enrolment.

Fees and Discount Schemes

The CIA® Challenge exam preparation course, is priced at €600.

Should a participant be interested for the revision phase only, please contact us for more details.

The tuition fees do not include any amounts payable towards the IIA® Institute

(registration and examination fees).

Participants who settle their fees fully upon

registration, will be offered a 15% discount.

Page 7: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 7

CIA® Challenge Registration and Exam Details

CIA® Challenge Exam Deadlines

EXAM DEADLINE

Application & Registration 1st August – 30th September 2020

Schedule Window 1st August – 29th November 2020

Testing Window 1st November – 30th November 2020

RETAKE DEADLINE

Retake Registration 1st November 2020 – 31st January 2021

Retake Schedule Window 1st November – 27th February 2021

Testing Window 1st – 28th February 2021

The CIA® Challenge Exam bundle

$1,195 USD for IIA members and $1,545 USD for non-IIA members

The fee includes:

❖ CIA Challenge Exam application & registration fee

❖ Customized electronic version of The IIA’s CIA Learning System®

❖ Access to the International Professional Practices Framework and Standards to help you

prepare for the exam

150 Multiple Choice questions

Three hours long exam

Examined in English Language

Based on the International Professional Practices Framework and Standards.

Page 8: CIA Challenge 2020 Exam - Globaltraining · A letter of good standing prior to submitting an application is required. For example; proof of current membership by local accounting

CIA Challenge 2020 Exam

Globaltraining Timetable – November 2020 Page | 8

Contact Us

GLOBALTRAINING® 46, Makedonitissas Av. Nicosia 2417

https://www.globaltraining.org/programs/cia-challenge-exam/

Ms Caroline Davidian Assistant Manager,

Student Support Team

22 841545 [email protected]

Mrs Styliana Natar Student Support Officer 22 841665 [email protected]

Mrs Nektaria

Charalambous

Officer, Online Centre 22 841795 [email protected]

General Queries 77 778030 [email protected]

Apply Today for This One-time CIA

Challenge Exam Opportunity

https://global.theiia.org/certification/challenge-exams/Pages/QAB-CIA-Challenge-Exam.aspx