CRMA Certification Guide: Requirements, Cost, Exam Format, and Study Plan
CRMA certification is The Institute of Internal Auditors’ specialist credential for professionals who evaluate risk governance, risk management processes, assurance, and advisory work. Candidates take one 120-question, 150-minute exam and do not need the CIA designation. Eligibility depends on education and relevant experience, with one year required for master’s holders, two for bachelor’s holders, and five for candidates without a degree. Current total fees are $565 for IIA members and $830 for non-members, excluding preparation, rescheduling, and local tax charges. What Is CRMA Certification? The Certification in Risk Management Assurance (CRMA) is awarded by The Institute of Internal Auditors , commonly known as The IIA . It validates a professional’s ability to evaluate risk management processes, assess organizational governance and provide assurance or advice to senior management and audit committees. The qualification is not limited to employees with “internal auditor” i...