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IIA-CRMA certification exam is intended for professionals who are involved in the management, assessment, and mitigation of risks in organizations. This includes internal auditors, risk managers, compliance professionals, and other professionals who are involved in risk management. IIA-CRMA exam is designed to test the knowledge, skills, and abilities of candidates in the areas of risk management, internal audit, and governance.
Reference: https://www.theiia.org/en/certifications/crma/exam-preparation-resources/exam-syllabus/
IIA-CRMA exam is designed for individuals who have experience in risk management assurance or internal auditing. IIA-CRMA exam consists of 100 multiple-choice questions and is three hours long. IIA-CRMA exam covers four domains: Risk Management Governance, Risk Management Assurance, Risk Management Process, and Principles of Risk Management. Individuals who pass the IIA-CRMA exam can earn the certification and become part of a global community of risk management professionals.
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IIA IIA-CRMA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Risk Management Assurance | 55% | - Risk response and mitigation strategies - Risk identification, assessment, and prioritization - Assurance over risk management processes - Control self-assessment - Reporting to management and audit committee - Specialized risk areas: fraud, ESG, IT/cyber, third-party risk |
| Topic 2: Internal Audit Roles and Responsibilities | 20% | - Internal audit charter and authority - Code of Ethics and International Standards - Three Lines Model - Independence and objectivity |
| Topic 3: Risk Management Governance | 25% | - Risk culture and risk appetite - COSO ERM and ISO 31000 frameworks - Organizational governance structure - Board and audit committee oversight |
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