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Volume 3 Issue 1 (January 2011) V3 - The Institute of Internal Auditors

Volume 3 Issue 1 (January 2011) V3 - The Institute of Internal Auditors

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Current Topics<br />

<strong>Institute</strong> <strong>of</strong> <strong>Internal</strong> <strong>Auditors</strong> — Philadelphia Chapter<br />

<strong>January</strong> <strong>2011</strong> <strong>Volume</strong> 3, <strong>Issue</strong> 1<br />

NEW PRICING STRUCTURE FOR IIA CERTIFICATIONS<br />

<strong>The</strong> IIA has revised its pricing structure for certification fees, effective <strong>January</strong> 1, <strong>2011</strong>. This new pricing structure will<br />

more accurately reflect the level <strong>of</strong> service our IIA Certification programs <strong>of</strong>fer and is more comparable to similar<br />

pr<strong>of</strong>essional certifications. Registrations received by December 31, 2010, will be charged the current 2010 certification<br />

fees.<br />

Application Fee $75 $100<br />

CIA Exam Part Fee $150 $200<br />

Specialty Exam (CCSA, CGAP, CCSA) Part Fee $325 $375<br />

Exam Part Rescheduling Fee (when exam part is rescheduled after initial appt. is made) $50 $50<br />

CPE REPORTING CHANGES ON THE HORIZON<br />

As <strong>of</strong> <strong>January</strong> <strong>2011</strong>, IIA-certified candidates seeking to report their continuing pr<strong>of</strong>essional education (CPE) credits will<br />

be able to do so in the Certification Candidate Management System (CCMS), rather than on <strong>The</strong> IIA's website.<br />

Reporting CPE credits biennially is a simple step that helps pr<strong>of</strong>essionals maintain use <strong>of</strong> their designation. <strong>The</strong> CPE<br />

reporting deadline is determined by an individual's IIA membership or customer ID number. IIAcertified pr<strong>of</strong>essionals<br />

whose membership or customer ID number ends with an even number (e.g., 00002) should report their CPE credits in<br />

even-numbered years (i.e., 2010, 2012, etc.). Those with odd-numbered IIA membership or customer ID numbers<br />

(e.g., 00001) should report in odd-numbered years (i.e., <strong>2011</strong>, 2013). <strong>The</strong> reporting deadline for the prior two years is<br />

May 31 <strong>of</strong> the reporting year (e.g., candidates reporting in <strong>2011</strong> will report on credits earned during 2009–2010). IIAcertified<br />

pr<strong>of</strong>essionals who fail to meet their CPE requirements by the reporting deadline automatically will be placed in<br />

an inactive status and may not use their designation. Members <strong>of</strong> <strong>The</strong> IIA can report their CPE credits free <strong>of</strong> charge.<br />

In <strong>January</strong> <strong>2011</strong>, the processing fee for nonmembers will increase to US $100 for each certification. For additional<br />

information, such as CPE requirements for IIA certifications, CPE reporting in CCMS, and a list <strong>of</strong> CPE opportunities,<br />

visit www.theiia.org/certification.<br />

JANUARY’S MEMBERS-ONLY WEBINAR FIVE COURT CASES EVERY<br />

INTERNAL AUDITOR AND AUDIT COMMITTEE MEMBER SHOULD KNOW<br />

As an internal auditor, are you aware <strong>of</strong> litigation that could significantly affect your practice and the operations <strong>of</strong> your<br />

organization? On <strong>January</strong> 25, <strong>2011</strong>, from 1:00 -2:00 p.m. ET, James S. Fargason will examine court cases involving<br />

the legal consequences for internal auditors and audit committee members. In this first <strong>of</strong> a multi-part series, we’ll<br />

examine how the courts have ruled in cases involving the internal audit pr<strong>of</strong>ession. You won’t want to miss this<br />

thought provoking session!<br />

To register, visit our website at www.theiia.org/ membership/current-members/members-only-webinars.<br />

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