Certified Risk Management Assurance

CRMA

The Certified Risk Management Assurance (CRMA) certification is a vendor-neutral credential offered by the IIA. It is a globally recognized certification that recognizes professionals who have the knowledge, skills, and experience to apply risk management concepts to internal audits and businesses.

Focus

The Certified Risk Management Assurance certification focuses on Risk Management in internal audits

Exam Duration

The Certified Risk Management Assurance exam duration is 3.5 hours

Num of Question

The exam contains a total of

Exam Fee

The exam fee is $129 for IIA members and $199 for non-members.

Exam Validity

The CCRN-Pediatric certification is valid for 3 years.

Prior Certification

• None

Exam Format

The Certified Risk Management Assurance exam is a Computer-based, multiple-choice questions

Passing Conditions

To pass Certified Risk Management Assurance exam, applicants must achieve a minimum score of Pass all sections with a minimum score of 70%

Who Should Take

Internal auditors, risk management professionals, accountants, and business professionals who seek to enhance their skills and knowledge in risk management assurance.

• Internal Auditor
• Risk Management Professional
• Accountant
• Business Professional

Prerequisites

2 years of experience in risk management, internal auditing, or a related field

Or can substitute with certifications:

• None

Certification Process

• Apply for the CRMA exam through the IIA website
• Prepare for the exam by studying the CRMA Body of Knowledge (CBOK)
• Schedule the exam appointment with Prometric Testing Centers
• Take the exam and pass with a minimum score of 70%

Domains with Weights

• Risk Management Fundamentals (20%): Understanding the fundamental concepts of risk management, including risk types, risk assessment, and risk response strategies.
• Risk Assessment and Mitigation Techniques (30%): Learning about various risk assessment and mitigation techniques, including analysis, monitoring, and reporting.
• Risk-Based Auditing and Assurance (30%): Discovering how to apply risk management concepts to internal audits and assurance, including audit planning, data collection, and reporting.
• Risk Management in Enterprise Processes (20%): Understanding how risk management intersects with enterprise processes, including governance, operations, and technology.