Offered by the BAI Center for Certification, the Certified Bank Auditor (CBA) designation is recognized throughout the financial services industry.

Pre-requisites and Requirements
Minimum 2 year of bank auditing experience. Completion of experience requirement can be met when sitting for the exam. Experience can be met through:

1. Employment at a financial institution or bank regulatory agency.
2. Bank Auditing as a staff member of a public accounting firm, or other private bank audit.
3. A Master's degree in Business or Accountancy from an accredited college/university can be substituted for 1 years work experience.

Program Contents

Part 1 - Accounting

• Financial Accounting (80 - 90%) - Accounting Principles, Bank Accounting, Financial Statements.
• Managerial Accounting (10 - 20%) - Capital Investment Decisions, Budgets and Responsibility Reporting, Cost-Volume Relationships, Financial Services Instruments and Product.

Part 2 - Auditing Principles & Bank Laws / Regulation

• Auditing Principals (50 - 60%) - Standards for the Profession of Internal Auditing, Internal Control Structure, Evaluation of Internal Control Structure, Management and Organization of the Audit Function, Internal Audit's Relationship with the External Auditors, Audit Techniques.
• Bank Laws & Regulations (40 - 50%) - Overview of the Regulatory Environment, Consumer Protection, Mortgage Lending, Bank Organization, Monetary Policy, Bank Operations, Other.

Par Part 3 - Auditing Practices

• General Practices (20 - 40%) - Application of Audit Techniques, Evaluating the Internal Control Structure, Communications with Management, Directors, and Others, Audit Process
• Auditing Specific Bank Applications (60 - 80%)- Assets/Income, Liabilities and Owners Equity, Other Services

Part 4 - General Business

• Business Law (30 - 40%) - Uniform Commercial Code, General Commercial Law.
• Economics (15 - 25%) - Macroeconomics, Forecasting, Money Markets.
• Bank Management Issues (25 - 35%) - Asset/Liability Management, Competitive Strategies, Human Resources/Personnel, Planning, Organizing, Communicating with Management.

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