Hi Guys?

I recently found out that there is a huge shortage of Certified Internal Auditors (CIAs) here and I am considering registering for; and writing the exams to become certified. I just want to know what the propspects are in Naija. (As you know: 'Ile l'abo isinmi oko'

Do we perhaps have any CIA (in Nigeria) on Nairaland? Is there IIA in Nigeria?

P.S. The IIA (Institute of Internal Auditors) administers the certification.

The issue of whether the IIA exists in Naija is also of keen interest to me. I am also in the practise but not sure of the prospects in naija myself! Does anyone know? I have done some online searches and there seems to be more mention of ACCA!

@ poster. Nice 1.

CIA's are not really much in Naija, but U'll find a couple of them in KPMG as it is encouraged to become a CIA in the Internal Audit Unit. If U're interested, do it as I have seen an advert where NLNG requested for either ICAN, ACCA or CIA. U know Nigerians now, as soon as dey see the value, evrybody go begin write am.

Though, ACA is in vogue 4 now, i think CIA will take centre stage soon 4 Internal Auditors especially as Internal Controls, Corporate Governance and Risk Management is becoming better embraced by Naija companies. All d best

@abbydot,

Thanks!

Hi guys,
I have been an Internal Auditor for 9 years and a Member of the Institute of Internal Auditors (IIA) since 2007. so YES there are IIA's in Nigeria.

bodsibobo:

Hi Guys?

I recently found out that there is a huge shortage of Certified Internal Auditors (CIAs) here and I am considering registering for; and writing the exams to become certified. I just want to know what the propspects are in Naija. (As you know: 'Ile l'abo isinmi oko'

Do we perhaps have any CIA (in Nigeria) on Nairaland? Is there IIA in Nigeria?

P.S. The IIA (Institute of Internal Auditors) administers the certification.

Of course there are CIAs in Nigeria. Quite many I believe. Not so many when compared to the number of ACAs though. I worked in a Big 4 in Nigeria which had a large specialist audit unit providing internal audit services. Every member of the unit were required to be CIA in addition to being ACCA or ACA. While you're working on your CIA, I'll want to believe you also have audit experience because it’s your level of professional experience that actually sets you apart. It might be difficult to pass audit interviews (unless it is for entry level auditors) without the right experience, your certification notwithstanding. You’ll do very well if you have other relevant qualifications (ACA, ACCA, CPA, CISA, etc) in addition to your CIA.

koc:

Hi guys,
I have been an Internal Auditor for 9 years and a Member of the Institute of Internal Auditors (IIA) since 2007. so YES there are IIA's in Nigeria.
I will be starting the CIA exams this year. CIA has an edge over ICAN ACA ACCA and the rest. As Auditors we know this. and some companies have started demanding for it here in Nigeria. So there is a big prospect for CIA. I will be one soon and u can get in touch with me if u are interested,  ocube3@yahoo.com or 08035889911
cheers

I believe you are implying that an Auditor that is also a CIA in addition to having those other qualifications you mentioned  has an edge over other auditors who are not CIA but who possess those other qualifications. I quite agree with you. For the avoidance of doubt, CIA is not superior to those qualifications you mentioned as each one of them have their unique objectives and are designed to be complementary and not to compete.

Thanks Avenir, but can u advice me on one tin? I want to write my CIA exams soon then i tot of the ACCA Exams too but i feel ACCA takes more time to complete all 14 papers onlike the CIA exams with just 4 stage. so if u were in my shoes, which would u pick as an Auditor with 9 years job experience.

koc:

Thanks Avenir, but can u advice me on one tin? I want to write my CIA exams soon then i tot of the ACCA Exams too but i feel ACCA takes more time to complete all 14 papers onlike the CIA exams with just 4 stage. so if u were in my shoes, which would u pick as an Auditor with 9 years job experience.

I'm sorry for not replying to this before now. I have just seen it. To answer your question, I'll do both exams concurrently if finance and time are not going to be problems. There is a great deal of overlap between the curriculums. It is like using one stone to kill two birds.

In terms of choosing between the two qualifications, I don't know what line of auditing you're into but the norm is that a financial auditor has to also be a chattered member of a professional accountancy organisation. ACCA requires more sacrifices and resources but it is more rewarding if you must choose between the two qualifications. You cannot escape ACCA or ACA if you want to be taken seriously as a financial auditor. CIA will give you added advantage but it is definitely not a substitute for ACCA or ACA.

thanks again Avenir

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The company Adebola Sobanjo & Co has Certified Internal Auditors who have been operating in Nigeria for over 20 years. Served many government Organisations and many companies both in and out of Nigeria. my point is, if there is no prospect for this professionals, then this company would have diversified a long time and not have a number of Certified auditors in their team. Their website is http://sobanjointernational.com

There is ICAN and that pretty much covers the area you are talking about. Yes there are wide areas in which you can specialize and sub specialize but they all still come under ICAN's radar. Becoming Chartered should be enough. www.IcanLectures.com.ng makes the job of qualifying with ICAN a piece of cake. Just Log on and start downloading lectures every single week at your own convenience.

The Institute of Certified Internal Auditors (ICIA-PAKISTAN) is the only professional body for internal auditors, Information Technology Auditors and Internal Control Professional in Pakistan. We are passionate about our members and our profession. Internal auditing is a dynamic, exciting career. It gives you unique insight in to your organization and its strategy. Internal auditors look at the big risks and issues that the organization faces and think about whether these are being well managed. And to do this you need to be well trained. That's why internal auditors come to their Institute for qualifications, training, resources and other services.

ICIA-PAKISTAN is an international Professional body for all Global Certified Internal Auditors (GCIA), Certified Information Technology Auditors (CITA), Certified Management System Auditors (CMSA) and Certified Internal Control Professional (CICP). The Institute was formed to foster interest in the national aspect of Internal Audit, Management System Audit, Information Technology Audit and Internal Control Audit equivalent to internationally accepted standards.
The governing body of the Institute is its ‘Council of Executive Members.’ The Council is assembled to represent the internal auditing profession, fields of expertise and countries of operation. The Council is effectively the Institute’s ‘Governing Body and Board of Trustees’ and is responsible for determining policy and for management of the business of the Institute. The Council is lead by the President/Chairman. The Chief Executive, who is responsible for the operation of the organization, controls the secretariat of the Institute.
The Institute promotes and supports the advancement of the internal auditing and auditing profession both in Pakistan and overseas. The ICIA-PAKISTAN ensures that its examinations and membership requirements support the development of the internal auditing profession in the countries in which it examines. Our students and members promote awareness of developments in internal auditing. Seminars and conferences on matters of current and future concern to the internal auditing profession are arranged from time to time. The high standard of the ICIA-PAKISTAN professional qualification is maintained by the independent and external moderation of the examinations.
A person who meets the education, experience and examination requirements of the Institute of Certified Internal Auditors (ICIA-PAKISTAN) is entitled to use the professional designation and add the letters "GCIA" , “CITA”, “CMSA” and “CICP” to their title.
Internal Auditors work throughout the world in industry, commerce, finance, government, public practice and the not-for-profit sector. ICIA-PAKISTAN’s professional education program is competency-based. Competency-based education requires candidates to perform tasks and roles to standards expected in the workplace.
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