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IIA-CFSA-INS (Certified Financial Services Auditor - Insurance) Certification Exam is designed for professionals working in the insurance industry who wish to enhance their skills and knowledge in financial auditing. Certified Financial Services Auditor - Insurance certification is offered by the Institute of Internal Auditors (IIA) and is recognized globally as a mark of excellence in the field of financial services auditing.
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| Section | Weight | Objectives |
|---|---|---|
| Regulatory Environment | 15% | - Solvency and capital adequacy rules - Global and regional insurance regulations - Consumer protection laws - Compliance requirements and reporting |
| Financial Services Auditing | 30% | - IIA International Professional Practices Framework - Audit planning, execution, and reporting - Internal control and risk assessment - Governance and ethics in financial services |
| Auditing Financial Services Products | 30% | - Reserving and financial reporting - Investment and asset management - Insurance products and operations - Underwriting and claims management |
| Auditing Financial Services Processes | 25% | - Reinsurance and risk transfer mechanisms - Operational processes in insurance - Fraud detection and prevention - Information technology and cybersecurity |
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