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IIA IIA-CFSA-SEC Exam Syllabus Topics:

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