04177 CFSA BROCHURE.qxd - TÄ°DE

Eligibility Requirements (continued)Character ReferenceCFSA candidates must exhibit high moral and professional character and must submit a character referencefrom a CFSA, a CIA, an individual with another IIA certification, the candidate’s supervisor, or the candidate’sprofessor. (Refer to page 17 for form). The character reference form must be submitted with, or directlyfollowing, the candidate’s application.Code of EthicsCFSAs and CFSA candidates must agree to abide by the Code of Ethics established by The IIA (refer to page 19).Work ExperienceCFSA candidates are required to complete a minimum of 24 months of auditing experience in a financialservices’ environment prior to receiving the CFSA certification. Experience verification should accompany thecandidate’s application if the requirement has been met, or may be submitted later when the requirement hasbeen met. Prompt submission of experience verification will expedite processing of the candidate’s certificationonce the candidate has passed the exam. (Refer to page 18 for form).Special consideration for CIAs, CCSAs, and CGAPs who wish to take the CFSA exam: Based on previouslymet requirements, individuals who hold the CIA, CCSA, or CGAP designations are assumed to have met theeducation and character requirements of the CFSA program. These individuals will only be required to submitproof of auditing experience in a financial services environment in order to meet the eligibility requirements.Ongoing Certification RequirementsContinuing Professional Education (CPE)CFSAs are required to maintain their knowledge and skills and to stay abreast of improvements and currentdevelopments in internal audit standards, procedures, and techniques within the financial services environment.Practicing CFSAs must complete and report 40 CPE hours every two years.To initiate the CPE reporting process, 40 CPE hours are awarded to a candidate for passing the CFSA exam (20hours awarded in the year the exam is passed and 20 hours in the subsequent year).It is the CFSA’s responsibility to ensure that the CPE hours claimed conform to the guidelines established by theBoard of Regents. (For details on reporting guidelines, visit “Certification” at www.theiia.org.)Tel: +1-407-937-1111 • Fax: +1-407-937-11012