To keep pace with the dynamic global risk arena, The IIA will be relaunching its Certification in Risk Management Assurance® (CRMA®) exam in October to reflect the in-depth organizational knowledge and advanced skill sets required to succeed in risk management assurance. The revised CRMA is positioned as a career pathway for internal auditors after they have achieved the Certified Internal Auditor® (CIA®) designation.
As the only risk management assurance certification for internal auditors, the CRMA focuses on the key elements to unlocking internal audit’s full potential, and validates one’s ability to provide advice and assurance on risk management to audit committees and executive management. The collective effect of the changes further aligns the CIA and CRMA, empowering practitioners to showcase their advanced risk management assurance acumen.
Significant changes were made to the overall program, including expanding the prerequisites and making the required work experience more robust. For example, an active CIA® is now required, as opposed to just passing CIA Part 1.
Earning the CRMA helps address the impact of risk and demonstrates you have the ability to:
- Provide assurance on core business processes in risk management and governance.
- Educate management and the audit committee on risk and risk management concepts.
- Offer quality assurance and control self-assessment.
- Focus on strategic organizational risks.
- Add value for your organization as a trusted advisor.
Visit the CRMA program webpage for details about the updated program and take advantage of free application through 31 December 2021. Apply now!
The new CRMA Exam Study Guide and Practice Questions, 2nd Edition, is the comprehensive review material you need to prepare for the Certification in Risk Management Assurance (CRMA) exam, and is now available through the IIA Bookstore. Shop now.
If your CIA is in Grace Period, you will be required to report CPE before you can apply. Click here to report CPE.