Certified Financial Services Auditor® (CFSA®) Exam Content
The Certified Financial Services Auditor® (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 125 multiple-choice questions.
- The testing period is three hours and fifteen minutes.
- Exam questions are all multiple-choice (objective) with four-answer choice.
- The first 100 questions cover all three disciplines - banking, insurance, and securities.
- The remaining 25 questions 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.
Note: Exam topics and/or format are subject to change as approved by the Board of Regents.