IIA IIA-CFSA-SEC - Certified Financial Services Auditor - Securities

IIA IIA-CFSA-SEC Actual PDF
  • Exam Code: IIA-CFSA-SEC
  • Exam Name: Certified Financial Services Auditor - Securities
  • Updated: Sep 19, 2026
  • Q & A: 0 Questions and Answers

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About IIA IIA-CFSA-SEC Exam

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IIA IIA-CFSA-SEC Exam Overview:

Certification Vendor:The Institute of Internal Auditors (IIA)
Exam Name:Certified Financial Services Auditor (CFSA) - Securities Discipline
Exam Number:IIA-CFSA-SEC
Exam Duration:175 minutes
Real Exam Qty:115
Available Languages:English
Certificate Validity Period:Annual renewal required
Exam Format:Multiple Choice Questions, Computer-Based Testing
Related Certifications:Certification in Risk Management Assurance (CRMA)
Certified Financial Services Auditor (CFSA)
Certified Internal Auditor (CIA)
Passing Score:600/750
Exam Way:Computer-based exam delivered through authorized testing centers.
Pre Condition:Bachelor's degree or equivalent education and relevant internal auditing or financial services experience were typically required under the CFSA program. Certification program has been retired by IIA; candidates should verify current eligibility and replacement credentials with IIA.
Official Syllabus URL:https://www.theiia.org/globalassets/documents/certifications/ccsa-cfsa-cgap-candidate-handbook.pdf

IIA IIA-CFSA-SEC Exam Syllabus Topics:

SectionWeightObjectives
The Regulatory Environment10-20%- Securities Regulation
  • 1. Anti-money laundering requirements
  • 2. Self-regulatory organizations
  • 3. Market conduct requirements
  • 4. Securities laws and regulations
Financial Services Auditing25-35%- Professional Auditing Standards
  • 1. Risk-based auditing
  • 2. Code of Ethics
  • 3. Internal control evaluation
  • 4. IIA International Professional Practices Framework
- Audit Methodology
  • 1. Audit evidence and reporting
  • 2. Planning and scoping engagements
  • 3. Risk assessment techniques
Securities Discipline20%- Capital Markets
  • 1. Primary and secondary markets
  • 2. Market participants
  • 3. Trading mechanisms
- Investment Products
  • 1. Derivatives
  • 2. Equities
  • 3. Mutual funds
  • 4. Fixed-income securities
- Securities Industry Risk Management
  • 1. Market risk management
  • 2. Operational risk management
  • 3. Counterparty risk management
Auditing Financial Services Processes25-35%- Support and Control Processes
  • 1. Financial reporting
  • 2. Business continuity management
  • 3. Information technology controls
  • 4. Fraud prevention and detection
- Securities Operations
  • 1. Clearing and settlement
  • 2. Custody services
  • 3. Trading activities
  • 4. Order management and execution
Auditing Financial Services Products25-35%- Securities Products
  • 1. Equity securities
  • 2. Derivative instruments
  • 3. Debt securities
  • 4. Mutual funds and collective investment schemes
- Product Risks and Controls
  • 1. Liquidity risk
  • 2. Credit risk
  • 3. Compliance risk
  • 4. Market risk

The IIA-CFSA-SEC Details You Actually Need

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The IIA Certified Financial Services Auditor - Securities blueprint covers these principal domains:

  • Auditing Financial Services Products (25-35%)
  • Securities Discipline (20%)
  • Auditing Financial Services Processes (25-35%)

The remaining domains appear in the full official outline, all of which our bank addresses.

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IIA lists the following prerequisites for the IIA Certified Financial Services Auditor - Securities: Bachelor's degree or equivalent education and relevant internal auditing or financial services experience were typically required under the CFSA program. Certification program has been retired by IIA; candidates should verify current eligibility and replacement credentials with IIA..

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Per current exam information, the IIA-CFSA-SEC exam includes 115 questions and allows 175 minutes minutes. Timed practice beforehand makes the format feel routine on the day.

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