What is CIA Certification in Malta? Explore Scope, Salaries and worth

What is the CIA?

The CIA is knowledgeable about the IIA’s international professional practice framework (IPPF), which enables it to perform an audit engagement in conformance with international standards. It also understands organizational governance and can apply tools and techniques to evaluate risks and controls, utilizing various IT tools to ensure the business runs smoothly.

CIA has 185000+ ranking worldwide with 900 testing centers in over 150+ countries.

To get the CIA Certification in Malta and understand the CIA course in the best technique, we have the best professional in it – SM Moghirah Farooqui.

SM Moghirah Farooqui is a distinguished professional in the field of finance and audit with an extensive career spanning over several prominent organizations and a solid academic background as an educator. An ACCA member, Shah Muhammed, has demonstrated expertise and dedication across various roles within the financial sector and in imparting knowledge to aspiring professionals.

 

Teaching experience

In addition, on talking about the sir Moghirah farooqui professional achievements, that he made significant contributions to field of education since 2016, he has been teaching various ACCA papers, including advance taxation and accountant in business, guiding students through complex accounting and finance concepts – his passion for teaching and commitment towards students’ success make him much more respected figure at the institute’s

Moreover by 2017 he also started teaching certified internal auditor (CIA) certification, empowering the students with the knowledge of and skills that are needed to excel internal auditing- his dual roles as practitioner and educator allow him to bring allow him to bring practical insights and real-world examples to the classroom, always try to updated his learning experience for his students.

Why pursue the CIA?

Earn more learn more: CIA designation demand increases the career-advancing opportunity and earning potential of the person.

Standout from the rest: when you become CIA, it gives you credibility and make differentiates from your peers and puts you ahead from those.

Go-to expert: become the credible, trusted expert that everyone turns to and one that can apply the international standards for the professional practice of internal auditing.

Why we become certified CIA?

In simple terms… internal auditors seek the certified internal auditor’s certification to:

  • enhance the credibility and global recognition.
  • sharpen skills and proficiencies
  • increase advancement and earning potentials
  • demonstrate the understanding and commitment

CIA Certification in Malta

Malta officially linked with IIA in 2023, CIA in MALTA gives professional access to local training centers, career support and career counseling of the students which meets them to global network of internal auditing-which shows that CIA Certification becomes more valuable in the job market of MALTA.

 

Job Salary and worth in Malta

The salary of Certified Internal Auditor (CIA) Certified professionals in Malta is about to €35,000 to €50,000 annually which depends on its experience and specific job roles and employer like as an entry level CIA qualified (1-3 years’ experience) earns salary around €33,973.

For the different job roles more detailed breakdown is following

  • Internal Auditor (General): €35,000 to €50,000
  • CIA: €53,090, with potential for bonus
  • Senior Internal Auditor: €46,000 to €55,000.
  • Auditor (Glassdoor):€26K – €35K annually.

CIA Certification in 2025:

The new CIA exams are coming on the updated syllabus which will published in may 2025, the exam are in English first, followed by other languages thought out the year.

Key dates: January 9, 2025 – The new global internal audit standards become effective

May 1, 2025: the revised CIA exams launch in English.

Understanding Exam Scores

To pass any part of the CIA exams, candidates must score 600 or higher

When you giving CIA exam always remind on thing once you complete the CIA exam check immediately the results weather you pass or not.

What you can expect from the CIA exam?

The CIA exams feature balanced content among three parts align with the latest international professional practice framework and the international standards for the professional practice of internal auditing and reflects the current global practices of internal auditing.

  Part 1: Essentials of internal auditing – 125 question / 150 minutes

  Part 2: practice of internal auditing – 100 questions / 120 minutes

  Part 3: business knowledge for internal auditing – 100 question / 120 minutes

 

Certified internal auditor eligibilities requirements

  • Candidates in the CIA program agree to accept the conditions of the program, including fulfilling requirements, maintaining exam confidentiality, abiding by the IIA’s code of ethics and earning and reporting Continuing Professional Education (CPE), along with other conditions enacted by the IIA’s Professional Certification Board (PCB)
  • CIA candidates must meet the following entry and exit program requirement to obtain the CIA designation (The required experience is based on the candidate’s education level as indicated in the following program requirements table
Entry requirements Exit requirements
Education Valid government issued ID Character reference CIA Exam parts 1,2 and 3  
Master’s Degree x x x 1-year Internal Audit experience
Bachelor’s Degree x x x 2- year Internal Audit experience
Active internal Audit practitioner designation x x x 3- year Internal Audit experience

 

  • A candidate’s application can be approved when all required documents are verify approved by the IIA’s certification staff, once the approved into the program, candidates will have three years to complete all exit requirements from the date they are approved by the program.
  • Candidates with a university-level degree or an active internal audit practitioner designation may apply to the certification program and sit for the exams prior to obtaining the required work experience. However, candidates will not be certified unless the experience requirement is met within the three-year program eligibility period.
  • Equivalent experience

Here is list of area whose experience is considered to be equivalent Internal Audit Experience

  1. Quality assurance
  2. Audit / assessment disciplines
  3. External audit
  4. Risk management
  5. Compliance
  6. Internal control

IIA 2025 CERTIFICATION EXAM PRICE

  Member Non-member Student
            CIA Application US $120 US $240 US $65
                            CIA Part 1 Exam US $310 US $445 US $245
                            CIA Part 2 Exam US $280 US $415 US $215
                            CIA Part 3 Exam US $280 US $415 US $215
             MHA Tuition fees PKR: 48000

Level-1

PKR: 48000

Level-2

PKR: 48000

Level-3

 

Corporate discount offers for CIA Certification

Mirchawala’s hub of accountancy offer an exclusive corporate discount on the certified Internal Audit (CIA) Certificate program, offered by the IIA- USA

This program enhances internal audit skills and knowledge, aligning with global best practices.

Discounts structure

Flat 20% Discount: admission with group of three student from PKR 48000 to 38400

Flat 25% Discount: admission with group of six student from PKR 48000 to 36000

Flat 30% Discount: admission with group of more than six student from PKR 48000 to 33600

 

Inclusions of CIA certification at Mirchawala’s Hub of Accountancy:

  • Recorded lectures for self-paced learning.
  • Personalized trainer support for guidance and clarification
  • 24/7 response of student quarries.
  • Comprehensive study materials (books and practice kits)

Four Short Courses Related TO Professional Development 

  • QuickBooks
  • Financial Modeling
  • Interview Techniques
  • CV writing.

 

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