Exam Name: Certification in Risk Management Assurance (CRMA) Exam
Certification Provider: IIA
Corresponding Certification: CRMA Certification
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IIA IIA-CRMA Exam Overview:
| Certification Vendor: | The Institute of Internal Auditors (IIA) |
|---|---|
| Exam Name: | Certification in Risk Management Assurance (CRMA) Exam |
| Exam Number: | IIA-CRMA |
| Exam Price: | Application: $100 USD (Member) / $220 USD (Non-member); Exam: $465 USD (Member) / $610 USD (Non-member) |
| Real Exam Qty: | 120 |
| Exam Format: | Multiple-choice questions, Scenario-based questions |
| Related Certifications: | Certified Internal Auditor (CIA) Qualification in Internal Audit Leadership (QIAL) |
| Certificate Validity Period: | Valid for 2 years from program acceptance; requires 20 hours annual CPE to maintain |
| Exam Duration: | 150 minutes |
| Available Languages: | English |
| Passing Score: | 600 (scaled score, range 250–750) |
| Recommended Training: | CRMA Exam Syllabus & Candidate Handbook Official CRMA Study Guide and Practice Questions |
| Exam Registration: | Pearson VUE Exam Scheduling IIA Certification Candidate Management System (CCMS) |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored via OnVUE |
| Pre Condition: | Bachelor's + 2 years experience; Master's + 1 year experience; Associate's + 5 years experience; active CIA designation preferred; character reference required |
| Official Syllabus URL: | https://www.theiia.org/en/certifications/crma/ |
IIA IIA-CRMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk Management Assurance | 55% | - Reporting to management and audit committee - Specialized risk areas: fraud, ESG, IT/cyber, third-party risk - Assurance over risk management processes - Risk identification, assessment, and prioritization - Risk response and mitigation strategies - Control self-assessment |
| Internal Audit Roles and Responsibilities | 20% | - Internal audit charter and authority - Three Lines Model - Independence and objectivity - Code of Ethics and International Standards |
| Risk Management Governance | 25% | - Risk culture and risk appetite - COSO ERM and ISO 31000 frameworks - Board and audit committee oversight - Organizational governance structure |
Clear Answers for IIA Certification in Risk Management Assurance (CRMA) Candidates
Immediately and easily. Upon successful payment, our system sends the product file to your mailbox automatically — typically within about a minute — with an instant download link as well. If nothing arrives within two hours, check your spam folder and contact support. Installations are unlimited, the PDF supports printing for paper-based review, and your purchase includes 365 days of free updates: whenever the exam content changes, the latest version reaches you automatically, with a 50% renewal discount after the year ends.
The IIA Certification in Risk Management Assurance (CRMA) blueprint covers these principal domains:
- Internal Audit Roles and Responsibilities (20%)
- Risk Management Governance (25%)
- Risk Management Assurance (55%)
As of the latest information, the passing score for the IIA-CRMA exam is 600 (scaled score, range 250–750) and the fee is Application: $100 USD (Member) / $220 USD (Non-member); Exam: $465 USD (Member) / $610 USD (Non-member). IIA can revise both, so confirm the current figures on the official site before registering.
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IIA recommends these official training options:
Pick the course matching your experience, then reinforce it with regular question practice.
IIA lists the following prerequisites for the IIA Certification in Risk Management Assurance (CRMA): Bachelor's + 2 years experience; Master's + 1 year experience; Associate's + 5 years experience; active CIA designation preferred; character reference required.
Confirm the details on the official certification page before you book.
Per current exam information, the IIA-CRMA exam includes 120 questions and allows 150 minutes minutes. Timed practice beforehand makes the format feel routine on the day.
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IIA Certification in Risk Management Assurance (CRMA) Sample Questions:
Which of the following best describes the assessment of risks?
- A. Assess the actions necessary to reduce the likelihood and/or impact of risk to tolerable levels.
- B. Assess alternative strategies to reduce or eliminate major risks.
- C. Assess the amount of risk an organization can accept while pursuing its objectives.
- D. Assess the likelihood and/or impact of risk on the achievement of organizational objectives.
Correct Answer: D 🗳️
According to IIA guidance, which of the following must internal auditors consider to conform with the requirements for due professional care during a consulting engagement?
1. The cost of the engagement, as it pertains to audit time and expenses in relation to the potential benefits.
2. The needs and expectation of clients, including the nature, timing, and communication of engagement results.
3. The application of technology-based audit and other data analysis techniques, where appropriate.
4. The relative complexity and extent of work needed to achieve the engagement's objectives.
- A. 2, 3, and 4
- B. 1, 2, and 3
- C. 1, 3, and 4
- D. 1, 2, and 4
Correct Answer: D 🗳️
According to the COSO internal control framework, which of the following best describes the use of continuous auditing programs by the internal audit activity?
- A. Control activities.
- B. Risk assessment.
- C. Control environment.
- D. Monitoring.
Correct Answer: D 🗳️
According to IIA guidance, which of the following is the best example of a system application control?
- A. A program change management control.
- B. A system development life cycle control.
- C. An input control over data integrity.
- D. A physical security control over a data center.
Correct Answer: C 🗳️
A furniture manufacturer has installed a new fire sprinkler system at its central warehouse and canceled the existing fire insurance policy on that property. What change of risk response strategy does this course of action most likely reflect?
- A. From acceptance to avoidance.
- B. From sharing to reduction.
- C. From acceptance to reduction.
- D. From sharing to avoidance.
Correct Answer: B 🗳️
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