Exemption Policy / Criteria

Candidates/applicants with prior academic and professional qualifications are eligible to claim/get exemptions from the Institute’s examinations syllabus of the Internal Auditing Professional (IAP) Program on case to case basis subject to fulfill necessary requirements as prescribed and approved by the Executive Council/Exemption Committee of The Institute of Auditing (TIA). According to TIA Exemption Policy/Criteria, the detail of exemptions/waivers are as under:-

Exemptions / Waivers for Professional Qualifications Holders

CA / ACCA / CMA / CPA / CFA:

Members having 5 years or more than 5 years practical job experience (19 papers exempted out of a total of 21 papers and 2 papers non-exempted, paper CS6 & paper PS11).

CA / ACCA / CMA / CPA / CFA Finalists:

ACCA Affiliates plus graduation qualification having 5 years or more than 5 years practical job experience (18 papers exempted out of total 21 papers and 3 papers non exempted paper CS6, paper PS11 & paper PS16).

CA / ACCA / CMA / CPA / CFA Inter:

Students/applicants plus graduation qualification having 5 years or more than 5 years practical job experience (17 papers exempted out of total 21 papers and 4 papers non exempted paper CS6, paper PS11, paper PS16 & paper PS20).

PIPFA Members Plus Graduation Qualification:

Members having 5 years or more than 5 years practical job experience in public sector or corporate sector (17 papers exempted out of total 21 papers and 4 papers non exempted paper CS6, paper PS11, paper PS16 & paper PS20).

PIPFA Members Plus Graduation Qualification:

Members having less than 5 years practical job experience in public sector or corporate sector (16 papers exempted out of total 21 papers and 5 papers non exempted paper CS6, paper PS11, paper PS16, paper PS20 & paper PS21).

ICSP / ICSM / ITMP / IMMP Members Plus Graduation Qualification :

Members having 5 years or more than 5 years practical job experience (18 papers exempted out of total 21 papers and 3 papers non exempted paper CS6, paper PS11 & paper PS16).

ICSP / ICSM / ITMP / IMMP Finalists / Inter Students / Applicants Plus Graduation Qualification:

Member having 5 years or more than 5 years practical job experience (17 papers exempted out of total 21 papers and 4 papers non exempted paper CS6, paper PS11, paper PS16 & paper PS20).

IBP full Members plus Graduation Qualification:

Members having 5 years or more than 5 years practical job experience (17 papers exempted out of total 21 papers and 4 papers non exempted, paper CS6, paper PS11, paper PS20 & paper PS21).

CIA / CICA / CFE Members Plus Graduation Qualification :

Members having 5 years or more than 5 years practical job experience total 21 papers exempted subject to appear and sit in 100 MCQs examination).

LLB / LLM Plus Graduation Qualification :

Members having 5 years or more than 5 years practical job experience (19 papers exempted out of total 21 papers and 2 papers non exempted, paper CS6 & paper PS11).

Exemptions / Waivers for Academic Qualifications Holders

B. Com, BBA:

Students / applicants having 5 years or more than 5 years practical job experience (4 papers exempted out of total 21 papers).

M.Com, MBA, MPA, B.Com Hons:

Qualifications holders having less than 5 years practical job experience (15 papers exempted out of total 21 papers and 6 papers non exempted paper CS6, paper PS11, Paper PS16, Paper PS19, paper PS20 & paper PS21).

M.Com, MBA, MPA, B.Com Hons:

Qualifications holders having 5 or more than 5 years practical job experience (18 papers exempted out of total 21 papers and 3 papers non exempted paper CS6, paper PS11 & paper PS16).

M.Com, MBA plus MS / M.Phil / Phd Accounting, Finance & Banking:

Qualifications holders having 5 or more than 5 years practical job experience (19 papers exempted out of total 21 papers and 2 papers non exempted paper CS6& paper PS11).