Certified Internal Control Assessor

Get Certified and Transform Your Career
 
CICA

Certification Toolkit

499 USD

  • Comprehensive Study Material (Softcopy)
  • Access to over 500 true/false questions to solidify your understanding of key concepts.
  • Practice with more than 1500 MCQs to enhance your confidence and fine-tune your exam readiness.
  • Certification Exam Voucher (90 Days Validity)
  • Valuable study tips and exam techniques
  • Schedule and take your exam anywhere and anytime
  • Proctored Online Certification Exam
  • Immediate Exam Results and Performance Feedback
  • Premium digital badge and certificate issued upon successful completion
  • Access to a unique link for online verification of the certificate authenticity
  • Enjoy Up to 3 years certification validity renewable without limit.

Unlock Your Potential in Internal Control Evaluation

Are you ready to master the art of internal control assessment, demonstrate your expertise and unlock new career opportunities? Join the ranks of elite professionals with the Certified Internal Control Assessor (CICA) program. This certification empowers you to utilize a recognized internal control model to confidently evaluate and report on the effectiveness of internal controls in any organization.

Why Choose CICA?

Getting certified as a Certified Internal Control Assessor demonstrates your expertise in evaluating and assessing an organization's internal control systems using a recognized framework like COSO. This certification will enhance your professional credentials, improve your employability, and demonstrate your commitment to excellence in internal controls assessment. Additionally, it can help you to increase your earning potential and advance your career in internal audit, internal control, risk management, and compliance.

Elevate Your Career with CICA

The effectiveness of monitoring depends largely on the quality and competence of the personnel responsible for assessing the adequacy, effectiveness and efficiency of internal controls at all levels in the organization. The Certified Internal Control Assessor Program provides a methodology that uses a comprehensive model like COSO as a basis for evaluating the effectiveness of the corporation’s system of internal control. Although the COSO framework was developed to help organizations design and implement a system of internal control, it is also a powerful tool used all over the world for assessing the adequacy and effectiveness of internal control systems.
 Gain a good understanding of a recognized internal control framework.
Learn to confidently use the COSO model to assess and report on the effectiveness of internal controls.
Unlock your full potential and Pursue career opportunities in various industries and countries with your certified status, verifiable anytime online.
Demonstrate your aspiration to higher salaries with specialized knowledge and skills in internal control assessment.
Stay ahead with cutting-edge skills that are essential for internal auditors, compliance officers, forensic accountants, and more.
 Contribute significantly to your organization's success by demonstrating to employers that you're ready to add value to their enterprise

Take the First Step Today

Earning the CICA designation demonstrates your commitment to professionalism and enhances your ability to monitor and assess internal control system in your organization. With this certification, you will stand out from the crowd, open doors to new career opportunities, and potentially earn higher salaries.

Prerequisites


1

CICRP certification

.
2

Bachelor's or higher degree from an accredited institution

.
3

Minimum of three (3) years’ experience in an assessment role or related fields

.

What You Will Learn

Internal Control Assessment Fundamentals

.

Internal Control Assessment Process

.

Internal Control Application Areas

.

Internal Control Components Assessment

.

Determining the Internal Control Systems Maturity

.

Exam Syllabus for CICA Certification


Overview of Internal Control Assessment

  • Definition and objectives of internal control assessment
  • Importance of assessing internal controls in an organization
  • Benefits and challenges associated with internal control assessments

Framework and Methodologies

  • Overview of common internal control frameworks (COSO, COBIT, etc.)
  • Choosing the appropriate framework for assessment
  • Methodologies for conducting internal control assessments

Roles and Responsibilities

Planning the Assessment

  • Steps in planning an internal control assessment
  • Identifying scope, objectives, and resources
  • Developing an assessment schedule and timeline

Conducting the Assessment

  • Techniques and tools for assessing internal controls
  • Gathering and analyzing data
  • Documenting findings and observations

Reporting and Follow-up

  • Preparing internal control assessment reports
  • Communicating findings to stakeholders
  • Follow-up actions and tracking remediation efforts

Applying COSO Framework

  • Detailed overview of the COSO framework
  • Application of COSO principles to various organizational areas
  • Case studies on COSO application in different scenarios

Industry-Specific Applications

  • Tailoring COSO principles to specific industries
  • Common modifications and considerations for different sectors
  • Examples from finance, healthcare, manufacturing, etc.

Integration with Other Management Systems

  • Integrating COSO with quality, environmental, and other management systems
  • Ensuring coherence and synergy among various systems
  • Practical tips for effective integration

Understanding the Control Environment

  • Key elements of the control environment
  • Importance of the control environment in overall internal control framework

Evaluating the Control Environment

  • Techniques for evaluating integrity, ethical values, and competence of the organization
  • Assessing the role of leadership and management in fostering a strong control environment

Improvement Strategies

  • Identifying weaknesses and proposing improvements
  • Strategies for strengthening the control environment
Normal 0 21 false false false FR-CA X-NONE X-NONE

Understanding Risk Assessment in Internal Controls

  • Role of risk assessment in internal controls
  • Components and processes involved in risk assessment

Evaluating Risk Assessment Processes

  • Criteria for evaluating the effectiveness of risk identification, analysis, and management
  • Tools and techniques for assessing risk assessment components

Improvement and Reporting

  • Recommendations for improving risk assessment processes
  • Reporting on risk assessment findings and their implications

Overview of Control Activities

  • Types and purposes of control activities
  • Alignment of control activities with objectives and risk responses

Evaluating Control Activities

  • Techniques for evaluating the adequacy and effectiveness of control activities
  • Common pitfalls and areas of concern in control activities

Recommendations for Enhancement

  • Suggesting improvements in control activities
  • Best practices and benchmarks for effective control activities

Importance of Information and Communication

Evaluation Techniques

  • Methods for assessing the quality, timeliness, and relevance of information systems
  • Evaluating the effectiveness of communication channels and practices

Improving Information and Communication

  • Strategies for enhancing information systems and communication
  • Implementing changes and measuring effectiveness

Monitoring Internal Controls

  • Importance and methods of ongoing and separate evaluations
  • Role of monitoring in the internal control system

Evaluating Monitoring Activities

  • Criteria and techniques for assessing the effectiveness of monitoring activities
  • Identifying gaps in current monitoring practices

Enhancing Monitoring and Reporting

  • Strategies for improving monitoring activities and internal control reporting
  • Tools and technologies that can enhance monitoring effectiveness

Maturity Model Overview

  • Understanding different levels of maturity in internal control systems
  • Benefits of assessing maturity levels

Assessing Maturity

  • Criteria and indicators for each level of maturity
  • Techniques and tools for assessing internal control maturity

Developing Maturity Improvement Plans

  • Identifying areas for improvement based on maturity assessment
  • Creating actionable plans to enhance the maturity of internal control systems
  • Monitoring progress and measuring the impact of maturity improvements

Overview of Continuous Improvement

  • Importance of continuous improvement in internal control systems
  • Frameworks and methodologies for driving continuous improvement

Reviewing Internal Control Systems

  • Techniques for conducting comprehensive reviews of internal control systems
  • Identifying strengths, weaknesses, opportunities, and threats (SWOT analysis)

Implementing Improvement Initiatives

  • Developing and prioritizing improvement initiatives
  • Engaging stakeholders in the improvement process
  • Measuring and reporting on the effectiveness of implemented changes

Sustaining Improvements

  • Strategies for maintaining momentum in continuous improvement efforts
  • Integrating continuous improvement into the organizational culture
  • Leveraging technology and innovation to support ongoing improvements

What They Say About CICA

Register

Learn & Prep

Schedule

Certify

How are we different?

Unlike competing programs, GECB combines the ingenuity of artificial intelligence with the acumen of world-class experts to craft certification programs that are not just educational credentials but a gateway to enhanced professional stature and global competitiveness. This is where AI meets expertise to forge your future.

CICA Exam Details


  • Exam Questions: 50
  • Exam Format: Multiple choice
  • Passing Score: 70%
  • Duration: 60 min
  • Open Book: No
  • Certification Validity: 3 Years
  • Complimentary Retake: Conditional
  • Language: English, French, Spanish (Portuguese Coming soon)
 

Sample Certification

The CICA designation is available to professionals responsible for the audit, review, or evaluation of internal controls and internal controls systems. Those typically eligible for the CICA include Internal Auditors, External Auditors, Operational Auditors, Compliance Auditors, Consultants, Forensic Accountants and CFEs, Inspector Generals, Audit Committee Members, etc., and include all types of auditors including Financial, Operational, IT, Fraud, Risk Management, etc., as well as non-auditors who have the responsibility to review internal controls and internal controls system either formally or informally, evaluate the adequacy of internal controls, and make recommendations for the improvement of internal controls and internal controls systems.

Important: Please note that CICRP certification is a prerequisite for CICA. So, before registering for this program, make sure that:

  1. You hold a CICRP certification in good standing
  2. You meet the level of experience required
Sample Certification

Join the Ranks of Distinguished Professionals

Experience the quality and excellence that set GECB apart in professional certification. Get certified, enhance your career, and be exceptional.

100% No-Risk Money Back Guarantee

At GECB, quality is our top priority. Our certification programs are designed to foster professional growth and ensure learning satisfaction. To give you peace of mind, we offer a 48-hour money-back guarantee.

Here's how it works:

When you register for our certification program, you will receive your login details (username and password) within 24 hours to access your Certification Toolkit. If you do not receive this service within the specified period, simply let us know, and we will issue a full refund—no questions asked. Please ensure that the email address you provide during registration is correct.

Furthermore, we are confident in the effectiveness of our preparation materials. All the exam questions are comprehensively covered in our manual. If you study the manual thoroughly and still do not pass the certification exam, we will consider offering a second exam attempt free of charge if your results indicate that you were very close to passing.

Your success is our commitment.

Founder,CEO

Last modified: Wednesday, 19 July 2023, 7:40 AM