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Internal audit manager certifications allow job seekers to demonstrate their competency as an internal audit manager to employers. However, not all internal audit manager certifications provide the same value for job seekers.
The best certifications for an internal audit manager are Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and Certification in Risk Management Assurance (CRMA).
Below is a list of the best internal audit manager certifications. Obtaining an internal audit manager certification will give you a leg up when you apply for jobs and increase your potential salary.
| Rank | Internal audit manager certification | Organization |
|---|---|---|
| 1 | Certified Internal Auditor (CIA) | IIA |
| 2 | Certified Information Systems Auditor (CISA) | ISACA |
| 3 | Certification in Risk Management Assurance (CRMA) | IIA |
| 4 | Certified Management Accountant (CMA) | IMA |
| 5 | Chartered Global Management Accountant (CGMA) | CGMA |
| 6 | Certificate in International Auditing (Cert IA) | ACCA |
| 7 | Certified Financial Services Auditor (CFSA) | IIA |
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 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 CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
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.
The certificate offers an introduction to the International Standards on Auditing (ISAs), covering the principles and application of ISAs through online tuition and objective assessment. This ACCA qualification is structured in an accessible and user-friendly way that underlines key information and provides useful summaries. It provides topic-by-topic exploration of specific ISAs. There are many exercises, multiple-choice questions and sample answers for you to test your knowledge with as you progress through the course. The course is also updated every year to make sure it stays relevant, and includes a topic by topic explanation of the specific ISAs.
The best internal 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 internal audit manager certification:
The most in-demand internal audit manager certification is Certified Internal Auditor based on all active job postings. Having this internal audit manager certification will give you access to more internal audit manager jobs with higher salaries.
The Chartered Global Management Accountant certification will help you to secure an senior manager position, which will increase your pay and career trajectory. An senior manager's average salary is $119,277 whereas internal audit managers make an average salary of $106,222.
The most common combination of internal audit manager certifications include: Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and Certification in Risk Management Assurance (CRMA).
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