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Pursuing CIA certification after completing CMA

  • 1.  Pursuing CIA certification after completing CMA

    Posted 09-22-2023 11:20 AM

    Hello everyone,<o:p></o:p>

    I was wondering if anyone here has pursued the CIA certification after completing their CMA. If so, I would greatly appreciate hearing about your insights and experiences.<o:p></o:p>

    Thank you in advance. <o:p></o:p>



    ------------------------------
    Laila Hermoso Perillo, CMA
    Chief Accountant
    Andorra La Vella
    Andorra
    ------------------------------


  • 2.  RE: Pursuing CIA certification after completing CMA

    Posted 09-23-2023 08:23 AM

    Hello, Laila Perillo,

    Personally, I think that CMA is an excellent addition to CIA, and vice versa. If you have any desire to get into internal audit, CMA will serve as an excellent foundation for what the company should be doing and the types of decisions that the company needs to be making. This will provide the foundation to assess operations against a known standard. And even if you do not go into internal audit, having the background of what the internal audit function is doing and supposed to do will help working with all of the controls and procedures that get set up. Any chance that you have to add a second skill set in a related field, I think it is an excellent thing to do. 

    If you do decide to pursue CIA, I would recommend that you start with Part 3. Part 3 includes a lot of content that is on CMA, so it is the easiest Part to prepare for. Then after Part 3, I would do Part 1 followed by Part 2. But, that is just a recommendation and the three parts can be taken in any order. 

    Brian



    ------------------------------
    Brian Hock CMA, CSCA, CIA
    Executive Officer
    Lewis Center OH
    United States
    ------------------------------



  • 3.  RE: Pursuing CIA certification after completing CMA

    Posted 09-25-2023 05:36 AM

    Hi Brian,<o:p></o:p>

    Thank you for sharing your perspective on the value of obtaining both certifications. I appreciate your insight into how these certifications complement each other. I also appreciate your guidance on the order in which to pursue the CIA certification, starting with Part 3. It's very helpful to know. 

    Could you please recommend review materials to help prepare for the exam?<o:p></o:p>

    Thank you.<o:p></o:p>

    Laila 



    ------------------------------
    Laila Perillo CMA
    Accountant
    Andorra La Vella
    Andorra
    ------------------------------



  • 4.  RE: Pursuing CIA certification after completing CMA

    Posted 09-26-2023 06:17 AM

    Hello, Laila Perillo,

    I am not the most objective person to ask about CIA study materials. You mentioned that you are currently preparing for CIA. If you have materials already from HOCK, Gleim, Wiley or the IIA, you have what you need and there is no need to purchase a second set of materials. Study materials are very personal based on your learning style and how you like the speaker in the video and how you like the way the textbook is written. I would recommend that if you are still looking for materials, you sign up for the free trial for the different providers to actually use the materials a bit to find the materials that work best for you.

    Brian Hock    



    ------------------------------
    Brian Hock CMA, CSCA, CIA
    Executive Officer
    Lewis Center OH
    United States
    ------------------------------



  • 5.  RE: Pursuing CIA certification after completing CMA

    Posted 09-27-2023 06:30 AM

    Hi Brian,<o:p></o:p>

    I appreciate your insights on this matter. You are absolutely correct; selecting the right study materials is a highly personal decision. The choice of a speaker in instructional videos is an important factor to consider.  <o:p></o:p>

    It's reassuring to know that if I already have study materials from HOCK, Gleim, Wiley, or the IIA, there is no need to buy a second set of materials. <o:p></o:p>

    Once again, thank you for sharing your thoughts and experiences.<o:p></o:p>

    Laila 



    ------------------------------
    Laila Perillo CMA
    Accountant
    Andorra La Vella
    Andorra
    ------------------------------



  • 6.  RE: Pursuing CIA certification after completing CMA

    Posted 09-26-2023 08:24 AM
    Hey Guys,

    So the CIA Certification is also something that has been of interest to me. I believe you have to clear all 3 parts within 3 years. My concern with the certification is the work experience aspect of it, all my experience has been mainly related to Corporate Accounting and FP&A, for the certification to be active, do you need work experience in Internal Audit, Compliance etc?

    Does have any information if like Corporate Accounting or FP&A can full fill this requirement?





  • 7.  RE: Pursuing CIA certification after completing CMA

    Posted 09-23-2023 11:49 AM
    Hi,

    I took the CIA exam at the same time I took the CMA as I was employed with the Internal Audit Department of my company.  I wasn't looking to take the CIA exam but it was highly recommended.  I was interested in the CMA exam in order to better relate to the department heads I was auditing.

    Hope that helps.

    MaryValerie






  • 8.  RE: Pursuing CIA certification after completing CMA

    Posted 09-25-2023 05:37 AM

    Hi MaryValerie,<o:p></o:p>

    Thank you for sharing your experience. It's impressive to hear that you pursued both certifications simultaneously. Personally, I have to take one certification at a time. I am currently preparing for the CIA certification, not only to expand my skill set but also to gain a deeper understanding of the interconnectedness of governance, risk management and control processes. <o:p></o:p>

    Thank you.

    Laila 



    ------------------------------
    Laila Perillo CMA
    Accountant
    Andorra La Vella
    Andorra
    ------------------------------



  • 9.  RE: Pursuing CIA certification after completing CMA

    Posted 10-09-2023 12:39 PM

    Hi, 

    How interesting that I found this post. I just took Part 3, the last part of CIA exam today.  It took me about 7 months to pass three parts.  I have to say studying for CIA really helped me find answers to my big career question, "how to manage global operations more efficiently and effectively." I am really happy that I have chosen CIA over CPA after completing my CMA. 



    ------------------------------
    Wonjun Lee CMA
    Director/Manager
    Seoul
    Korea, Republic of
    ------------------------------



  • 10.  RE: Pursuing CIA certification after completing CMA

    Posted 10-10-2023 08:55 PM

    I took the CIA exams a year after the CMA. I agree, the CIA complements the CMA, and the CIA is much more than 'just' internal auditing.

    At the time studying for the CIA designation really helped me understand internal controls and IT audits. 



    ------------------------------
    Gunter Wallner CMA, CIA
    Director/Manager
    ------------------------------



  • 11.  RE: Pursuing CIA certification after completing CMA

    Posted 10-11-2023 03:43 AM

    Hi,<o:p></o:p>

    It's great to know that the CIA complements the CMA, and the CIA certification extends beyond "just" internal auditing.

    Thank you for sharing your insights!<o:p></o:p>

    Laila 



    ------------------------------
    Laila Perillo CMA
    Accountant
    Andorra La Vella
    Andorra
    ------------------------------



  • 12.  RE: Pursuing CIA certification after completing CMA

    Posted 10-11-2023 03:32 AM

    Hi, <o:p></o:p>

    Congratulations on completing all the CIA exams! Thank you for sharing your insights and experiences. It's truly inspiring to hear about someone who pursued this certification and found it fulfilling. Your story, specially completing it in 7 months, is incredibly motivating.<o:p></o:p>

    Laila 



    ------------------------------
    Laila Perillo CMA
    Accountant
    Andorra La Vella
    Andorra
    ------------------------------



  • 13.  RE: Pursuing CIA certification after completing CMA

    Posted 10-12-2023 08:20 AM
    Congratulations on clearing the CIA exam.

    In order to become fully certified and fullfiling the work experience requirements, do like corporate accounting roles or FP&A roles meet the criteria?





  • 14.  RE: Pursuing CIA certification after completing CMA

    Posted 10-14-2023 07:25 PM

    Hello, everybody


    CMA creates organizational value, and CIA enhances and protects organizational value. Therefore, CMA and CIA are an excellent combination and a smooth crossover.


    Regards,

    Elhadi