Certification in Risk Management Assurance (CRMA)
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CRMA: Why, How, and What's New

Why?

globeRisk management assurance is an essential internal audit responsibility. As the risk landscape has continued to expand and change, The IIA recognized the need for the Certification in Risk Management Assurance® (CRMA®) program to keep pace. This required a thorough evaluation of the exam requirements and content to ensure they reflect the skills needed to audit today’s emerging risks, as well as consider the organizational view required to effectively execute risk management assurance. The IIA conducted two studies — a market study and a job analysis study. The market study revealed perceived ambiguity between the CRMA and the Certified Internal Auditor® (CIA®). Additionally, it confirmed that more business experience and a deeper level of risk management knowledge are required in order to provide holistic and effective risk management assurance. As such, the new CRMA is positioned as a career pathway for internal auditors after achieving the CIA designation. It is the only risk management assurance certification for internal auditors.


How?

gearsThe amount of risk management and internal audit-specific experience required to sit for the exam has increased, and candidates must hold an active Certified Internal Auditor (CIA) designation to apply for the enhanced program. Additionally, the CRMA exam itself has been revised, with updates that include changes to the exam syllabus, length, and types of questions asked.

The amount of risk management and internal audit-specific experience required to sit for the exam has increased, and candidates must hold an active Certified Internal Auditor (CIA) designation to apply for the enhanced program. Additionally, the CRMA exam itself has been revised, with updates that include changes to the exam syllabus, length, and types of questions asked.

​Current CRMA New CRMA​
Prerequisite Pass CIA Part 1 exam Active CIA designation
Work Experience 2 years of internal audit experience 5 years of internal audit and/or risk management experience
CRMA Exam 100 questions 125 questions
Seat Time ​120 minutes ​150 minutes
Competency Level Basic and proficient ​Proficient
Question Types Multiple choice only Variety of question types
View an interactive demonstration of the potential question types
included in the new CRMA exam.
Language English English
Annual CPE 20 hours 20 hours

*Work experience is an “exit” requirement for the CRMA program. Candidates with less experience may apply for the CRMA program and sit for the exam. However, to obtain the designation, the experience requirement must be met before the two-year program window expires.

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