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cfsa certified financial services auditor - Institut für Interne Revision ...

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EXAM GRADING AND RESULTS<br />

GRADING PROCESS<br />

The Board of Regents and the Certification Department staff strive to maintain fairness and consistency in grading the certification<br />

exam papers. Exam questions are graded with an optical scanner, and any irregularities are thoroughly researched. The grading<br />

process includes both a pre-exam review of the suggested responses and a post-exam review of the statistical performance of exam<br />

questions. Based on this review, appropriate scoring modifications and adjustments to the grading scale may be made.<br />

PASSING SCORE<br />

Statistical information from pre-tested questions is used to maintain comparable difficulty from one exam to the next. Because<br />

the exact number of questions required to pass the exam may adjust slightly from one exam to the next, all raw scores are converted to<br />

a reporting scale. A scaled score of 600 points or higher is required to pass the CFSA exam. (A scaled score of 600 would be the<br />

equivalent of achieving 75 percent correct on an exam of appropriate difficulty.)<br />

EXAM RESULTS<br />

Exam results are mailed by July 15 for May exams and by January 15 for November exams. Specific passing scores are not reported.<br />

Requests for copies of grade letters will not be accepted until two weeks after the release of exam results. The Certification<br />

Department will not release grades by telephone. All exam results are final. Given the thorough review process outlined above,<br />

regrades will not be performed.<br />

CERTIFICATES<br />

Once a candidate has successfully completed the CFSA exam and met all program requirements, The IIA mails the certification<br />

certificate to the local IIA affiliate for presentation to the successful candidate. A listing of IIA affiliates may be found by visiting<br />

“The IIA” at www.theiia.org.<br />

www.theiia.org/Certification<br />

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