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The best certifications for an audit manager are Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and Chartered Global Management Accountant (CGMA).
Audit manager certifications demonstrate your competency as an audit manager to employers. However, not all audit manager certifications provide the same value.
Below is a list of the best audit manager certifications. Obtaining an audit manager certification will give you a leg up when you apply for jobs and increase your potential salary.
The Certified Internal Auditor (CIA) designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing field.
The CISA designation is a globally recognized certification for IS audit control, assurance and security professionals. Being CISA-certified showcases your audit experience, skills and knowledge, and demonstrates you are capable to manage vulnerabilities, ensure compliance and institute controls within the enterprise.
The CGMA letters are worth having after your name. They stand for Chartered Global Management Accountant and they show employers that you mean business. The CGMA designation is the most widely held management accounting designation in the world. It boldly announces your commercial skills, strategic vision and transformational mindset. Employers, colleagues and stakeholders alike will recognize that you’ve got entrepreneurial and leadership acumen. That you’re in a pivotal position to analyze information, advise strategy and drive business success. And they’ll know all this just by looking at those four letters after your name.
ACCA (the Association of Chartered Certified Accountants) is a global body for professional accountants with 219,000 members and 517,000 students in 179 countries. It was granted a Royal Charter in 1974 which commits it to acting in and upholding the public interest. ACCA works through a network of 110 offices and centres and 7,571 Approved Employers worldwide, and 328 approved learning providers who provide high standards of learning and development. In addition to IFAC membership, ACCA is represented on key regional forums including the ASEAN Federation of Accountants (AFA), the Confederation of Asian and Pacific Accountants (CAPA), Accountancy Europe, the Institute of Chartered Accountants of the Caribbean (ICAC), the Pan African Federation of Accountants (PAFA), and is a member of CCAB in the UK and Ireland. It undertakes wide-ranging capacity building work globally and has an extensive network of partnerships with other professional accountancy organizations.
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
The CRMA is designed for internal auditors and risk management professionals with responsibility for and experience in providing risk assurance, governance processes, quality assurance, or control self-assessment (CSA). It demonstrates an individual's ability to evaluate the dynamic components that comprise an organization's governance and enterprise risk management program and provide advice and assurance around these issues.
The Certified Manager Animal Resources (CMAR) certification program is designed to raise competency and professionalism in the field of Animal Resources Management. The CMAR designation involves a series of four examinations: three exams arranged via an organization called the Institute for Certified Professional Managers (ICPM), and the Animal Resources Exam offered by AALAS. Obtaining the CMAR designation is a sign of professionalism in the field of animal resources management.
Certified Government Financial Manager® (CGFM®) is a professional certification recognizing the unique skills and special knowledge required of today's government financial managers. It covers governmental accounting, auditing, financial reporting, internal controls and budgeting at the federal, state and local levels.
The BCPE was established to provide a formal process for recognizing practitioners of human factors/ergonomics. Prior to this, human factors/ergonomics professionals could only be credentialed indirectly through various types of state licensures for some of the professional fields related to ergonomics.
ACAT seeks to ensure that all accredited individuals possess both the theoretical knowledge and the practical knowledge necessary to be successful practitioners. For that reason, candidates for accreditation must satisfy an experience requirement before becoming fully credentialed: three years of related work experience, up to two of which may be satisfied through college credit. Related work experience includes verifiable experience in accounting, financial services, or other field requiring a practical and theoretical knowledge of the subject matter covered on the ACAT Comprehensive Examination for the International Accredited Business Accountant. Those who pass the exam but who have not met the experience requirement may market themselves as having passed the ACAT Comprehensive Examination for International Accredited Business Accountant, but are not entitled to use the IABA designation.
The best audit manager certification is Certified Internal Auditor (CIA). The Certified Internal Auditor (CIA) is awarded by the Institute of Internal Auditors. This certification is great to have as it shows an improvement in your competency to perform your role. You can earn this certification at the beginning of your career, as it often doesn't require a minimum education level and work experience.
Here's a bit more background on how to obtain this audit manager certification:
The most in-demand audit manager certification is Certified Internal Auditor based on all active job postings. Having this audit manager certification will give you access to more audit manager jobs with higher salaries.
The Certified Management Accountant certification will help you to secure an internal audit director position, which will increase your pay and career trajectory. An internal audit director's average salary is $132,456 whereas audit managers make an average salary of $121,419.
The most common combination of audit manager certifications include: Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and Chartered Global Management Accountant (CGMA).
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