The Institute of Internal Auditors (IIA) is an international professional association of more than 185,000 members, with global headquarters in a suburb of Orlando, Florida. The IIA is recognized globally as the internal audit profession’s leader in certification, education, research, and technical guidance. Visit the IIA website (www.theiia.org) to answer questions about the IIA and certification of internal auditors. 

Required:

a. Why should an organization have an internal auditing department? (Hint: Click on the “About Us” link and review the information under the “About the Profession” link.) 

b. Visit the link for “Certifications” and identify the six steps to receiving a certification in internal auditing as a Certified Internal Auditor (CIA). 

c. What certifications are available to internal auditors? 

d. What are the three parts of the CIA exam? How are the requirements for passing the CIA exam similar to and different from those of the CPA exam?