Secure your 100 percent marks with these CFSA Exam Cram
At killexams.com, they suggest that you download their free CFSA PDF dumps, read sample questions, and evaluate them before registering for the full version of CFSA exam dumps. They also offer three months of free future updates of CFSA Certified Financial Services Auditor (IIA-CFSA) exam questions. Their certification crew is constantly updating and keeping track of the validity of CFSA boot camp.

We take great care to ensure that your understanding of the course outline, syllabus, and objectives for the CFSA exam is crystal clear. Merely practicing the CFSA course book is insufficient; you must also learn about tricky scenarios and questions that arise in the genuine exam. To do so, visit killexams.com and obtain free PDF sample questions for the CFSA exam. They are confident that you will be pleased with their Certified Financial Services Auditor (IIA-CFSA) questions, and you can register to download the full version of CFSA Exam Questions at an attractive discount. This will be your initial step toward success in the Certified Financial Services Auditor (IIA-CFSA) exam. Install CFSA VCE exam simulator on your computer, memorize CFSA Latest Topics, and take practice tests frequently with the VCE exam simulator. When you believe you are ready for the real CFSA exam, go to the Test Center and register for the genuine test.

You can download the CFSA PDF Braindumps PDF on any device, such as an iPad, iPhone, PC, smart TV, or Android, to read and memorize the CFSA PDF Braindumps. Spend as much time as possible practicing the CFSA questions and answers. Taking practice tests with the VCE exam simulator, in particular, will help you memorize the questions and answer them well. You must recognize these questions in the genuine exam to get a better score. Practicing well before the genuine CFSA exam will undoubtedly Excellerate your performance.

Certified Financial Services Auditor® (CFSA®) exam Syllabus

The CFSA exam tests a candidate's knowledge of current auditing practices and understanding of internal audit issues, risks, and remedies in the financial services industry.



The exam consists of 115 multiple-choice questions.

The testing period is two hours and fifty-five minutes.

Exam questions are all multiple-choice (objective) with four answer choices.

80% of the exam covers four domains: Financial Services Auditing, Auditing Financial Services Products, Auditing Financial Service Processes, and The Regulatory Environment.

The remaining 20% relate to the candidates' chosen discipline and will be at the proficiency level.

CFSA candidates may choose any one of the three disciplines as part of their CFSA exam test.

Candidates may not choose to be tested on more than one discipline.

The CFSA designation does not distinguish one chosen discipline from another.



The CFSA exam core content covers four domains:



Domain I: Financial Services Auditing (25-35%)

Domain II: Auditing Financial Services Products (25-35%)

Domain III: Auditing Financial Service Processes (25-35%)

Domain IV: The Regulatory Environment (10-20%)



CFSA exam Individual Disciplines

Banking: Products, Processes, and the Regulatory Environment (20% — Proficiency Level)

Insurance: Products, Processes, and the Regulatory Environment (20% — Proficiency Level)

Securities: Products, Processes, and the Regulatory Environment (20% — Proficiency Level)



Financial Services Auditing (25-35%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these subject areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these subject areas.

A. IIA International Professional Practices Framework (P)

B. Internal Control/Risk Management/Governance (P)

Internal Control Frameworks

Risk Management Frameworks

Governance Models

C. Audit Process (P)

Audit Planning

Audit Fieldwork

Risk Assessment

Analytical Review

Data Gathering and Evaluation

Testing

Tools and Techniques (e.g., CAAT)

Audit Communications

Monitoring Outcomes

D. Implications of Information Technology (P)

E. Auditing Financial Statement Elements (P)

Balance Sheet

Statement of Cash Flows

Income/Expense Statement

Off Balance-sheet Items

Auditing Financial Services Products (25-35%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these subject areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these subject areas.

A. Lending/Loans (A)

B. Deposits (A)

C. Trusts (A)

D. Annuities (A)

E. Derivatives (A)

F. Electronic Services (A)

G. Cash Management Services (A)

H. Stocks (A)

I. Bonds (A)

J. Commodities (A)

K. Mutual Funds (A)

L. Employee Benefits (A)

M. Capital Market Products (A)

N. Securities Lending (A)

O. Insurance Policies (A)

P. Insurance Products (A)

Q. Foreign Exchange (A)

R. Asset Management (A)

S. Money Market Products (A)

Auditing Financial Service Processes (25-35%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these subject areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these subject areas.

A. Risk Management (A)

Asset/Liability Management

Trading Market Risk

Credit, Liquidity, Operational Risk

Allowance for Loan and Lease Losses

Reserves

B. Underwriting (A)

Loans

Securities

Insurance

Private Placement

Initial Public Offerings

C. Securitizations (A)

D. Treasury Operations (e.g., Cash Management) (A)

E. Back-office Operations (A)

F. Marketing Sales and Distribution (e.g., Insurance Agencies, Bank Branches, Brokers) (A)

G. Claims (A)

H. Investments (A)

I. Broker/Dealer Activities (A)

J. Rating Advisory Service (A)

K. Mergers and Acquisitions (A)

L. Loan Operations (e.g., Collateral Issues, Perfecting Liens) (A)

The Regulatory Environment (10-20%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these subject areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these subject areas.

A. Overview of the Regulatory Environment (A)

Function of Central Bank

Function of Insurance Regulators

Function of Securities Regulators

B. Laws and Regulations (A)

Equal Credit Opportunity/Antidiscrimination

Home Mortgage Disclosure

Reserve Requirements

Insider Transactions

Lending Disclosure

Deposits Disclosure

Real Estate Sales Disclosure

Self-assessment of Internal Controls/Risk Management

Investor/Depositor Protection

Financial and Personal Information Privacy

Anti-Money Laundering

C. Stock Exchanges and Other Markets (A)

D. Money and Banking (A)

Role of Money and Banking

Bond and Stock Markets

Effect of Interest Rate Movements

Monetary Management Theories