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The Certified Financial Services Auditor - Insurance certification program is ideal for professionals working in the insurance industry who want to demonstrate their expertise in financial services audit. It is also suitable for internal auditors who want to specialize in the insurance industry. Candidates who successfully complete the certification program will be awarded the IIA-CFSA-INS certification, which will signify their knowledge and skills in this specialized area.
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IIA-CFSA-INS certification exam is open to individuals who have a minimum of two years of experience working in the insurance industry. Candidates must also have a bachelor's degree or higher in a related field, such as accounting, finance, or business administration. In addition, candidates must be a member of the IIA and must have completed the required training and education courses.
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IIA IIA-CFSA-INS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Insurance Discipline | 20% | - Insurance Regulatory Environment
|
| Topic 2: Financial Services Auditing | 25-35% | - IIA International Professional Practices Framework
|
| Topic 3: Auditing Financial Services Processes | 25-35% | - Operational and Financial Processes
|
| Topic 4: The Regulatory Environment | 10-20% | - Insurance Regulation
|
| Topic 5: Auditing Financial Services Products | 25-35% | - Product Risks and Controls
|
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