IIA IIA-CFSA-BANK Questions & Answers - in .pdf
- Vendor: IIA
- Exam Code: IIA-CFSA-BANK
- Exam Name: Certified Financial Services Auditor - Banking
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IIA IIA-CFSA-BANK Exam Overview:
| Certification Vendor: | Institute of Internal Auditors (IIA) |
| Exam Name: | Certified Financial Services Auditor - Banking Specialty Exam |
| Exam Number: | IIA-CFSA-BANK |
| Exam Price: | Members: $395 USD; Non-members: $495 USD |
| Related Certifications: | CFSA CCSA CRMA CIA |
| Certificate Validity Period: | Program closed December 31, 2020; Completed certifications remain valid |
| Exam Format: | Computer-based, Multiple-choice questions |
| Passing Score: | 600 (scaled 250–750) |
| Real Exam Qty: | 115 |
| Exam Duration: | 175 minutes |
| Available Languages: | English |
| Recommended Training: | IIA CFSA Study Guide & Materials |
| Exam Registration: | IIA Certification Portal Pearson VUE Scheduling |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | Bachelor's degree + 2 years financial services audit experience; or equivalent education/experience; agree to IIA Code of Ethics |
| Official Syllabus URL: | https://na.theiia.org/certification/CFSA-Certification/Pages/CFSA-Certification.aspx |
IIA IIA-CFSA-BANK Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Banking Specialty (20% of total) | 10% | - IT and cybersecurity in banking - Auditing specific banking processes - Fraud detection and prevention |
| Topic 2: Regulatory Environment & Compliance | 15% | - Anti-money laundering (AML) and sanctions - Global banking regulations - Consumer protection and reporting |
| Topic 3: Banking Operations & Products | 25% | - Credit and lending products - Treasury and capital markets - Payments and settlement systems - Retail and commercial banking activities |
| Topic 4: Financial Services Auditing Standards & Practices | 30% | - IIA International Professional Practices Framework - Governance and ethics in financial services - Internal control frameworks - Audit planning, risk assessment, and fieldwork |
| Topic 5: Risk Management in Banking | 20% | - Market and liquidity risk - Credit risk management - Capital adequacy and stress testing - Operational and compliance risk |
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