Certified Financial Services Auditor® (CFSA®) Eligibility Requirements
Please note: As of 31 December 2018, we are no longer accepting applications for new CCSA, CFSA, and CGAP certifications.
Candidates in the CFSA program agree to accept the conditions of the program, including eligibility requirements, exam confidentiality, Code of Ethics, and Continuing Professional Education (CPE), along with other conditions enacted by The IIA's Professional Certification Board (PCB).
Requirements
CFSA candidates must meet the following eligibility requirements for education, character, work experience, and identification. Before a candidate application can be approved, ALL documentation (proof of education, character reference, and identification) must be received and approved by The IIA’s Certification staff.
Education
Candidates must hold an Associate's degree or higher to be approved into one of The IIA’s certification programs. Common equivalents are a Foundation Degree, Diploma of Higher Education, or Higher National Diploma.
Acceptable Education Documents:
- Copy of your degree or official transcripts (if your name has changed since you earned your degree, you must also include your legal name change document)
- Letter from university confirming degree
- Letter from evaluation services confirming degree level
Character Reference
CFSA candidates must exhibit high moral and professional character and must submit a Character Reference signed by a CIA, CGAP, CCSA, CFSA, CRMA, or the candidate's supervisor.
Work Experience
Experience for the IIA’s certification programs is based on the maximum level of education achieved. The work experience requirements for the CFSA program are:
| Master’s Degree (or equivalent) |
12 months - auditing experience in a financial services environment |
| Bachelor’s Degree (or equivalent) |
24 months - auditing experience in a financial services environment |
| Associate’s Degree, A-Level Certificate (or equivalent) |
60 months - auditing experience in a financial services environment |
Candidates may apply to the program and sit for the exam prior to satisfying the professional experience requirement, but will not be certified until all program requirements have been met.
Proof of Identification
Candidates must provide proof of identification in the form of a copy of the candidate’s official passport or national identity card. These must indicate current status; expired documents will not be accepted.
Eligibility Period
Candidates must complete the program by 31 December 2020.
Confidentiality
The CFSA certification exam is a non-disclosed exam. Candidates in the CFSA program agree to keep the contents of the exam confidential and therefore may not discuss the specific exam content with anyone except The IIA's Certification Department. Unauthorized disclosure of exam material will be considered a breach of the Code of Ethics and may result in disqualification of the candidate or other appropriate censure.
Code of Ethics
CFSA candidates agree to abide by the Code of Ethics established by The IIA.
Continuing Professional Education (CPE)
Upon certification, CFSAs are required to maintain their knowledge and skills and stay abreast of improvements and current developments in the financial services auditing environment by satisfying CPE requirements.
IIA Membership
In most cases, you do not have to be a member of The IIA to take the CFSA exam or become a CFSA but we encourage you to consider its advantages. There are some countries, however, that do require candidates to be IIA members to take the CFSA exam. Candidates in any of the countries listed on the map located at the top right of this page should contact their local institute to verify this requirement.
IIA members receive discounts on CFSA review materials and courses and have access to the latest exam preparation resources, networking opportunities, and current CFSA news and information.