Internal Auditor for Stock Brokers

Internal Auditors for Stock Brokers Certification Overview

The examinations seeks to create a common minimum knowledge benchmark for Auditors (who are chartered accountants, company secretaries or cost and management accountants as mentioned in SEBI Circular no. MRD/DMS/Cir-29/2008 dated October 21, 2008) and/or its employees or partners signing the internal audit report.

  • Know regulatory framework under which the stock brokers perform their various activities.
  • Understand the various operations performed by the Stock brokers
  • Understand the various compliance and reporting requirements from audit perspective

Internal Auditors for Stock Brokers Certification Examination Fees Details

Name of Examination: NISM Series-XIV: Internal Auditors for Stock Brokers Certification Examination

Fees (Rs.) Test Duration (in minutes) No. of Questions Maximum Marks Pass Marks* (%) Certificate # Validity (in years)
1770+ 120 100 100 60 3

*: Negative marking – 25% of the marks assigned to the question

# Passing Certificate will be issued only to those candidates who have furnished/ updated their Income Tax Permanent Account Number (PAN) in their registration details.