Learning System

The effectiveness of monitoring depends largely on the quality and competence of the personnel responsible for assessing the adequacy, effectiveness and efficiency of internal controls at all levels in the organization.
The Certified Internal Control Assessor Program provides a methodology that uses the COSO model as a basis for evaluating the effectiveness of the corporation’s system of internal control. Although the COSO framework was developed to help organizations design and implement a system of internal control, enterprise risk management, and fraud deterrence, it is also a powerful tool used all over the world for assessing the adequacy and effectiveness of internal control systems.

The CICA designation is available to professionals responsible for the audit, review, or evaluation of internal controls and internal controls systems. Those typically eligible for the CICA include Internal Auditors, External Auditors, Operational Auditors, Compliance Auditors, Consultants, Forensic Accountants and CFEs, Inspector Generals, Audit Committee Members, etc., and include all types of auditors including Financial, Operational, IT, Fraud, Risk Management, etc., as well as non-auditors who have the responsibility to review internal controls and internal controls system either formally or informally, evaluate the adequacy of internal controls, and make recommendations for the improvement of internal controls and internal controls systems.