Certification In Risk Management Assurance
The CRMA is one more mark of professional distinction for internal audit practitioners. Earning the CRMA will assist you in demonstrating your 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.
- Focus on strategic organizational risks.
- Add value for your organization.
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ENTRY REQUIREMENTS
EXIT REQUIREMENTS
EDUCATION
VALID
GOVERNMENT ISSUED IDEXPERIENCE
CRMA EXAM
EXPERIENCE
Master’s
Degree (or equivalent)X
Exit
RequirementX
1 year IA
experience or equivalent**Bachelor’s
Degree (or equivalent)X
Exit Requirement
X
2 years IA
experience or equivalent**Active
Internal Audit Practitioner designation holderX
Exit
RequirementX
5 years IA
experience or equivalent**Other
Education*X
5 years IA
experience or equivalent**X
* High School Diploma, Associates Degree, GCE, A-Level or their equivalent
** Experience can be in any of the following: Internal Audit, Quality Assurance, Risk Management, Audit/Assessment/Disciplines, Compliance, External Audit, Internal Control. Two out of the five required years of experience must be within the past three years.
Eligibility Period
The CRMA program window is two years, meaning that candidates have two years from the date they are accepted into the program to complete the program requirements (i.e., pass the exam and provide evidence that they have obtained five years of internal audit and/or risk management experience).
Candidates in the CRMA program agree to accept the conditions of the program, including eligibility requirements, exam confidentiality, Standards of Ethics and Professionalism, and Continuing Professional Education (CPE), along with other conditions enacted by The IIA’s Professional Certification Board (PCB).
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Please note all applications will be processed and submitted directly to the IIA Global via CCMS.
Prior to that, you are required to be an individual member of IIA Malaysia. Upon approval of your membership, you will receive a Global Account Number (GAN) to have access to the IIA Global CCMS to activate your CCMS account.
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The current CRMA registration & examination fee as follows.
TYPE
OF FEENEW FEE
(MEMBER)
NEW FEE
(NON-MEMBER)
Registration Fee
USD100
USD220
CRMA Examination Fee
USD465
USD610
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The IIA’s Certification in Risk Management Assurance® (CRMA®) program reflects the in-depth organizational knowledge and skillsets required to provide effective risk management assurance to audit committees and executive management.
UPDATED CRMA EXAM
Exam Topics
I. Internal audit roles and responsibilities (20%)
II. Risk Management & Governance (25%)
III. Risk Management Assurance (55%)
Seat Time
150 minutes
Length
120 Multiple Choice Questions
Question Types
Variety of Question Types
Language
English
Examination Nondisclosure
The CRMA exam is a nondisclosed
examination, which means that current exam questions and answers will not be
published or divulged.
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- A candidate’s registration for an examination part will be valid for 180 days from the date the registration is processed at IIA HQ, and the examination part fee is non-refundable.
- Candidates can sit at PearsonVUE testing centres in almost any country, regardless of country of registration.
- Candidates who do not pass the examination must wait 30 days to retest.
- You are encouraged to schedule your exam as soon as possible.
- The earlier you schedule, the better your chances of reserving a date, time, and location that is convenient for you.
- After you have scheduled your exam, Pearson VUE will email you an appointment confirmation that includes information about the test center location you selected. If you do not receive an email from Pearson VUE stating that you are scheduled for an exam,
contact Pearson VUE customer service immediately, as this may indicate that
your appointment was not properly recorded.
- Once your exam appointment is confirmed, you are expected to be present with appropriate government-issued ID on the date of the exam. If you do not appear for your exam at your scheduled location on your scheduled date and time, your registration will be voided, a “No-Show” status will be marked in your record, and you will forfeit your exam registration fee and no refund will be provided. If a “No-Show” status is issued, you will need to complete a new exam registration with payment to schedule another test date.
- You may cancel or reschedule your confirmed exam appointment as needed during your exam window directly in CCMS or by contacting Pearson VUE. You may make changes up to 24 hours prior to your confirmed appointment. However, you will be charged a US $75 change fee (payable directly to Pearson VUE) each time you reschedule. You will receive an email from Pearson VUE confirming your changes. If you do not receive the email, contact Pearson VUE immediately to ensure that your appointment was properly recorded.
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The examination is available throughout the year. Candidates schedule their examination online via the IIA Global Certificate Candidate Management System (CCMS)