The HKSI exam is a test that people have to take in order to become certified as an HKSI. The HKSI stands for “Hong Kong Senior Internal Auditor“. It can be difficult for people who are not familiar with the HKSI certification process, so we wanted to provide some information about it. In this article, you will learn 3 main points:
What the HKSI is?
The HKSI exam is a test that people have to take in order to become certified as an HKSI. The HKSI stands for “Hong Kong Senior Internal Auditor”. It can be difficult for people who are not familiar with the HKSI certification process, so we wanted to provide some information about it.
The first point we want to discuss here is what the actual purpose of the HK SI examination actually means and why someone would need such kind of qualification or certificate. The HKSI is a professional certification that allows HKSI holders to become senior internal auditors and provide audit services in Hong Kong.
HKSI holders can work as internal auditors or team members within the Internal Audit Department of their company, which means they will be responsible for verifying whether other employees are following specific regulations and policies set by management.
The second thing we want to share with you here about the HKSI exam is what kind of topics candidates should know before taking this test. There are three main areas on which one needs to focus: general knowledge (mandatory), information technology skills (optional), and business analysis (mandatory).
The HKSI exam is a general knowledge test, which means candidates need to know all possible information about the global economy and management. There are different topics in this section, such as: business ethics; corporate governance; financial reporting; risk analysis and evaluation; auditing standards and procedures; budgeting concepts and practices; technology assessment techniques and tools.
After explaining what HKSI holders can do after passing their exams we want to share with you some additional pieces of advice that will help you pass HKSI exam on your first try! First of all, it’s good for you to take an online course — there are many great courses out there created by well-known experts who teach important audit concepts in a very easy way.
The HKSI exam consists of four sections: professional standards and ethical practices, business environment concepts, knowledge areas in auditing standards and procedures, technology assessment techniques or tools. The HKSI examination contains 100 multiple-choice questions that are to be answered within three hours by using a computer at your testing center.
Each question has five possible answers. You will have the opportunity to review your responses up until you submit your final answer for each section of the test; however you must complete all four sections during one session (you cannot save an unfinished section).
In conclusion, HKSI certification is a great way to demonstrate expertise and proficiency in auditing standards. HKSI exam questions are designed so you can determine whether the candidate has knowledge of concepts, auditing theory, skills, and application of such skills.
