Certified Financial Services Auditor


  • Product Code: iia-cfsa
  • Exam Questions: 305
  • Vendor: iia

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  • Updated At: Nov 14, 2024
CFSA (Certified Financial Services Auditor)

The CFSA is a certification exam designed for auditors who want to specialize in financial services auditing. This certification is ideal for professionals who want to demonstrate their knowledge in auditing financial services organizations.

Focus

The Certified Financial Services Auditor certification focuses on Financial Services Auditing

Exam Duration

The Certified Financial Services Auditor exam duration is 4 hours

Num of Question

The exam contains a total of 175 multiple-choice questions

Exam Fee

The exam fee is 599 USD (member rate), 899 USD (non-member rate).

Exam Validity

The CCRN-Pediatric certification is valid for 3 years.

Prior Certification
  • Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA)
Exam Format

The Certified Financial Services Auditor exam is a Computer-based exam

Passing Conditions

To pass Certified Financial Services Auditor exam, applicants must achieve a minimum score of Achieve a score of 450 or higher on a scale of 100 to 900

Who Should Take

Professionals who work in financial services auditing, internal audit, risk management, or compliance roles.

  • Internal Auditor
  • Financial Services Auditor
  • Risk Management Specialist
  • Compliance Officer
Prerequisites

2 years of auditing experience in financial services organizations, or

Or can substitute with certifications:

  • CIA or CISA certification, or a bachelor"s degree from an accredited institution in accounting, finance, business administration, or a related field
Certification Process
  • Step 01: Meet the prerequisites
  • Step 02: Register for the exam
  • Step 03: Prepare for the exam by studying the exam content outline
  • Step 04: Pass the exam
  • Step 05: Maintain certification by completing continuing professional education (CPE) requirements
Domains with Weights
  • Financial Services Operations (25%): Demonstrate knowledge of financial services operations, including risk management, governance, and internal controls.
  • Financial Reporting and Compliance (25%): Demonstrate knowledge of financial reporting and compliance requirements, including securities regulation and financial statement analysis.
  • Technology and Information Risk (20%): Demonstrate knowledge of technology and information risks, including cybersecurity, data analytics, and IT controls.
  • Audit Planning and Execution (15%): Demonstrate knowledge of audit planning and execution, including risk assessment, audit procedures, and reporting.
  • Leadership and Communication (15%): Demonstrate knowledge of leadership and communication skills, including stakeholder management, conflict resolution, and audit reporting.

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