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Last Updated: Oct 09, 2026

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IIA IIA-CFSA-INS Exam Syllabus Topics:

SectionWeightObjectives
Auditing Financial Services Processes25-35%- Core Insurance Processes
  • 1. Underwriting operations
  • 2. Actuarial processes
  • 3. Claims management
  • 4. Policy administration
- Operational and Financial Processes
  • 1. Business continuity management
  • 2. Financial reporting
  • 3. Fraud prevention and detection
  • 4. Information technology controls
The Regulatory Environment10-20%- Insurance Regulation
  • 1. Anti-money laundering requirements
  • 2. Solvency and capital requirements
  • 3. Insurance regulatory frameworks
  • 4. Consumer protection regulations
Auditing Financial Services Products25-35%- Insurance Products
  • 1. Life insurance products
  • 2. Health insurance products
  • 3. Property and casualty insurance
  • 4. Reinsurance arrangements
- Product Risks and Controls
  • 1. Underwriting risks
  • 2. Pricing and reserving risks
  • 3. Product compliance requirements
Financial Services Auditing25-35%- IIA International Professional Practices Framework
  • 1. Governance and internal control
  • 2. Code of Ethics
  • 3. International Standards for the Professional Practice of Internal Auditing
  • 4. Risk-based auditing
- Financial Services Risk Framework
  • 1. Risk assessment methodologies
  • 2. Enterprise risk management
  • 3. Audit planning and execution
Insurance Discipline20%- Insurance Regulatory Environment
  • 1. Regulatory reporting
  • 2. Capital adequacy requirements
  • 3. Insurance laws and regulations
- Insurance Processes
  • 1. Actuarial functions
  • 2. Risk management
  • 3. Claims processing
  • 4. Underwriting
- Insurance Products
  • 1. Reinsurance
  • 2. Property and casualty insurance
  • 3. Health insurance
  • 4. Life insurance
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