1. Honorary Member
A conferred status upon persons who:
2. Fellow Member
“Fellow Member” refers to a conferred status upon persons who have achieved distinction in their profession and who have made valuable contributions to internal auditing and/or to the Institute provided that the conferees:
The designatory letters of Associate Member are AIIA which stands for The Institute of Internal Auditors Malaysia.
The designatory letters for Fellow Members are C.F.I.I.A which stands for Chartered Fellow of The Institute of Internal Auditors Malaysia.
3. Professional Member
A class open to persons in private and government employment who are performing internal audit functions, no matter what the titles such persons or departments are designated, provided that:
The designatory letters for Professional Member are CMIIA which stands for Chartered Member of The Institute of Internal Auditors Malaysia. Refer to the listing below.
4. Associate Member
A class open to persons who are engaged in fields related to internal auditing or have such interests but who do not qualify for membership under “Professional Member”. Any person who by virtue of being non-resident in Malaysia for a temporary period, may opt for associate membership for the duration.
The designatory letters of Associate Member are AIIA which stands for Associate Member of The Institute of Internal Auditors Malaysia.
5. Student Member
Refers to a class open to those engaged in the study of Internal Auditing or related courses who do not qualify for membership as “Professional Member” or “Associate Member” provided that no University or College student may be admitted as a member without the prior permission of the University authorities concerned.
Must be existing employees of the Internal Audit Department of the Corporate Member, and/or members of the Audit Committee of the same organisation.
Corporate Member with Subsidiary Companies
The Corporate membership is determined by the nature of function of the Internal Audit Department.
If the department provides internal auditing services to the:
• Holding Company and its Subsidiary Companies with common or different members of the Audit Committee, all members on this group shall be entitled to claim the benefits.
• Holding Company only, the benefits only be enjoyed by the members of the Holding Company. The members of the Subsidiary company are not entitled to the benefits. Each subsidiary company should have its own membership.
The Audit Committee Membership is introduced with the following objectives:
To: provide audit committee members with a forum for exchanging ideas and expertise;*
To: enhance the knowledge and awareness of audit committee members on latest developments;*
To: provide a venue for the audit committee members to get more information or put forward queries.*
*relating to internal auditing, risk management and corporate governance issues
Membership is open to any director who fulfills the following conditions:
Audit Committee Members are permitted to use the designatory letters CACD which stands for Chartered Audit Committee Director of The Institute of Internal Auditors Malaysia whilst they remain members of the Institute.
Certified Internal Auditor – CIA
Certification in Risk Management Assurance – CRMA
Certified Financial Services Auditor – CFSA
Certification in Control Self-Assessment – CCSA
Certified Government Auditing Professional – CGAP
Association of Certified Fraud Examiners – CFE
Association of Chartered Certified Accountants – ACCA
Certified Information Systems Auditor – CISA
Certified Practicing Accountant – CPA
Certified Public Accountant – CPA
Chartered Institute of Management Accountants – CIMA
Institute of Chartered Accountant – CA
Institute of Chartered Accountants in England and Wales – ICAEW
The Association of Accounting Technicians – AIA
The Institute Chartered of Chartered Secretaries and Administration – ICSA
The Malaysian Institute of Certified Public Accountants – MICPA
The Malaysian Institute of Chartered Secretaries and Administrators – MAICSA