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Certified Financial Services Auditor® (CFSA®) Exam Syllabus

The CFSA exam tests a candidate's knowledge of current auditing practices and understanding of internal audit issues, risks, and remedies in the financial services industry.

  • The exam consists of 115 multiple-choice questions.
  • The testing period is two hours and fifty-five minutes.
  • Exam questions are all multiple-choice (objective) with four answer choices.
  • 80% of the exam covers four domains: Financial Services Auditing, Auditing Financial Services Products, Auditing Financial Service Processes, and The Regulatory Environment.
  • The remaining 20% relate to the candidates' chosen discipline and will be at the proficiency level.
  • CFSA candidates may choose any one of the three disciplines as part of their CFSA exam test.
  • Candidates may not choose to be tested on more than one discipline.
  • The CFSA designation does not distinguish one chosen discipline from another.

Exam Non-disclosure

The CFSA exam is a non-disclosed examination, which means that current exam questions and answers will not be published or divulged.

NOTE: Exam topics and/or format are subject to change as approved by The IIA's Professional Certification Board (PCB).

CFSA Exam Domains

The CFSA exam core content covers four domains:

CFSA Exam Individual Disciplines

Banking: Products, Processes, and the Regulatory Environment
(20% — Proficiency Level)
Insurance: Products, Processes, and the Regulatory Environment
(20% — Proficiency Level)
Securities: Products, Processes, and the Regulatory Environment
(20% — Proficiency Level)

Sample CFSA Exam Questions

The IIA provides a limited number of sample CFSA exam questions (with answers) to give candidates an understanding of the types of questions that typically appear on the CFSA exam.

Access CCMS

Candidates from the following countries must refer to their local IIA Institute web-site or contact their local representative for more information about local certification processes:

The information contained on this website pertains to all other countries.