Possessing the necessary audit certificates is always something that professional auditors are interested in. So, do you already know the certificate or not? Let’s discover today the 5 most popular audit certificates through the following article by Ms. Uptalent to better understand these certificates!

CONTENTS:
1- What is an audit certificate?
2- Meaning of the audit certificate
3- Top 5 most popular audit certificates
4- End

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1- What is an audit certificate?

The audit certificate or audit certificate is a certification of professional competence for those who work as auditors.

There are different types of audit certifications. Each type of certificate is directed towards its own content and its own objectives. A certificate will be issued to you after passing the exam organized by the competent units.

2- Meaning of the audit certificate

Having understood what the concept of audit certification is, let’s continue to find out what they mean for auditors.

The audit certificate has great significance for every auditor, company and state agency.

with listeners

Audit certificates attest to the competence and professional qualities of an auditor. When you intend to perform work related to auditing or accounting services, it will be easy for you to meet the necessary requirements to practice.

Besides, having a certificate also helps you to easily advance to higher positions such as chief accountant, audit manager.

Another benefit that auditors can get when they have an audit certificate is that they will have the opportunity to receive a higher salary, on average, ranging from $1,000 to $2,000 per month.

with business

On the business side, the audit certificate is an effective tool for selecting candidates. As a result, they can save a lot of recruiting time and effort while finding quality candidates.

With state agencies

The audit certificate is a necessary means to help public bodies manage the practice of auditors. It also ensures that only those who are truly capable and competent in their profession can practice.

3- Top 5 most popular audit certificates

Once you understand the great significance of the audit certificate, you should consider getting the certificate as soon as possible.

However, among so many different auditing certifications today, which one should I get?

If you are pursuing a career as an auditor, the following 5 international certifications will be very useful to you:

3.1- ACSA

CFSA stands for “Certified Financial Services Auditor”, it stands for Certified Financial Services Auditor.

CFSA certification is issued by the Institute of Internal Auditors (IIA). It is designed to build auditors’ expertise in 11 different areas.

Currently, this certification is essential for auditors working in banks, savings banks, credit unions, insurance companies, investment companies, financial companies, service companies, security agencies commodities and credit agencies.

If you are looking to advance your career as a financial services auditor, get your CFSA certification as soon as possible.

3.2- CFE

CFE (Certified Fraud Examiner) means a Certified Anti-Fraud Auditor. This is an international certificate issued by the International Association of Anti-Fraud Auditors (ACFE).

ACFE is the world’s leading anti-fraud organization. The organization is also one of the leading anti-fraud educators.

Their CFE anti-fraud certificate is issued to holders with in-depth knowledge and skills in researching, detecting and preventing fraud in the economic and financial sectors.

Currently, CFE is a certificate recognized by many major organizations around the world. It provides owners with important knowledge and skills on detecting and preventing fraud as well as building their credibility.

3.3-SICA

CISA stands for Certified Information Systems Auditor, understood as Information System Auditor. This is a certificate issued by the Information Systems Auditing and Control Association (ISACA).

CISA certificates are valid worldwide. It is an extremely useful certification for those who work in jobs related to information systems, such as control, security and auditing.

If you want to earn this certificate, you must pass a comprehensive exam and meet certain practical work experience requirements.

At the same time, you must undergo continuing professional education and comply with the “ISACA Code of Ethics for Professional Information Systems and Auditing”.

Each year, the CISA exam will be held in June, September or December at approved centers around the world. You can take the test in many popular languages ​​such as English, French, Spanish, Japanese, Korean, and Chinese.

To be certified, you must have at least 5 years of professional experience in the control, security or audit of information systems.

Additionally, you can also override the years of experience requirement if you hold one of the following qualifications:

– 1 year of professional experience in the field of information systems or audit (not related to information systems) can replace 1 year of professional experience.

– 60 college credit hours can replace 1 year of experience, 120 credit hours can replace 2 years of experience.

– A bachelor’s or master’s degree from the University sponsoring an ISACA program can replace 1 year of experience.

– A master’s degree in information security or information technology from an ISACA accredited university can replace 1 year of experience.

– Teachers with 3 years of experience in IT, accounting or auditing of information systems can replace 1 year of experience.

3.4- CAP

CPA (Certified Public Accountant) is a very popular audit certification. Holders of this certificate are recognized for their competence by national and international accounting and auditing institutes.

The CPA certification validates the auditor’s competence in basic and advanced accounting knowledge and skills, risk management capability, and professionalism in practice.

CPA is widely recognized around the world. It is also a necessary certification to access management positions in the industry or to apply to open an accounting services firm.

The requirements and structure of the CPA exam vary depending on where the exam takes place.

In Vietnam, to take the CPA exam, you will need to have 4-5 years of work experience in the accounting and finance industry at the time of the exam. The exam will consist of 6 writing subjects (180 minutes / 1 subject) and 1 foreign language subject (level C), you can choose 1 of the 5 popular foreign languages ​​English, Russian, French, Chinese, German to take the test.

Meanwhile, accountants in the United States only need one year of practical experience to be able to take the CPA exam. The CPA exam will consist of 4 levels and you can take them in random order.

3.5-CIA

CIA is an internal auditor certification. This certificate is issued by the Institute of Internal Auditors (IIA).

CIA certification holders will be highly valued by employers for their professional competence in internal auditing, risk management, and their ability to work professionally with employees and clients.

CIA is now an internationally valid certificate. It is especially necessary for auditors who intend to become chief accountants, managers or CEOs in the future.

To take the CIA exam, you need a bachelor’s degree and at least 2 years of internal auditing experience. If you hold a master’s degree, you will be converted into 1 year of professional experience.

The CIA exam consists of 3 multiple-choice sections, with a total test time of approximately 6.5 hours. After you pass the test, the IIA will issue you a certificate as prescribed.

4- End

As can be seen, having an audit certificate will help you better understand what an audit is and the knowledge and skills needed to be recognized as an expert in the field.

However, to obtain the audit certificate, you must meet certain conditions such as:

– Must ensure the elements of quality, ethics and compliance with the law.

– Possess a bachelor’s degree or higher in finance, banking, accounting or auditing.

– Have a sufficient number of years of professional experience in the fields of accounting, auditing and finance.

The certification process is not easy. You must not only master the expertise, but also continuously improve and improve your ability. In addition, you must possess the important qualities of an auditor such as thoroughness, rigor and honesty.

In short, you should understand what an auditing certification is and its benefits and plan to have the necessary certifications to develop and grow your career.

Hopefully, the information on the 5 most popular audit certificates today in Ms. Uptalent’s article will help you better understand audit industry certifications. Please keep following Uptalent to update more useful knowledge. Good luck!

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