Through a combination of study, exam and work experience, the AIA statutory auditor training programme will provide you with a recognised professional qualification (RPQ) and will equip you with the relevant skills and competencies required to work confidently and efficiently in this challenging profession. If you wish to undertake the AIA Statutory Auditor Training Programme, you must inform us at the earliest possible time, either by completing the appropriate section on the student application form, or by contacting Membership Services.
RPQ students must complete all sixteen exams, either by exam or by exemption. Exemptions are available for relevant qualifications undertaken in the last five years, with the exception of Paper 7 Auditing and Paper 8 Company Law. To apply for exemptions you should complete the student application form and ensure you enclose copies of your certificates. AIA will make an assessment and exemption offer in line with professional and regulatory requirements. On completion of the Foundation level exams, you have a further five years to complete the remaining papers.
CERTIFICATE IN ACCOUNTANCY
1 Financial Accounting 1
4 Company Law
DIPLOMA IN ACCOUNTANCY
PROFESSIONAL LEVEL 1
10 Business Management
DIPLOMA IN PROFESSIONAL ACCOUNTANCY
PROFESSIONAL LEVEL 2
13 Financial Accounting 3
15 Professional Practice (Auditing)
In addition, RPQ Students are also required to sit a multi-disciplinary case study and an oral test, further information can be found in the Statutory Audit Guide.
You must follow a course of theoretical instruction and complete three years' approved audit training, designed to provide you with the opportunity to perform the work of a statutory auditor. For futher details on the specific training requirements please refer to RPQ Practical Training Office Information.
On being awarded the AIA RPQ you must register with a Recognised Supervisory Body (RSB), who are responsible for registering and supervising statutory auditors in practice.
The AIA Audit Scholarship is a unique opportunity for you to gain a statutory auditor qualification at a greatly reduced cost. A career in audit is challenging, interesting, and rewarding; but achieving qualification as a statutory auditor is time intensive, hard work and can be very costly. The idea behind the AIA Audit Scholarship is to take some of this burden away from you to help you achieve this. AIA is committed to fair access to professions, and as part of this wider initiative we introduced the AIA Audit Scholarship in 2011. The Audit Scholarship is available for students accepted* onto the AIA Statutory Auditor Training Programme (Recognised Professional Qualification [RPQ]).
Eligible students accepted* onto the Audit Scholarship can take advantage of:
- Free AIA e-Books
- Free AIA Achieve
- Free attendance at AIA CPD events
- No exam fees
- No exemption fees
- Assistance in finding an audit training placement, where possible
You would only be required to pay the student registration fee, which includes your first year's annual subscription and thereafter, your subscription would be payable on 1 October each year.