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Certification
Certified in Risk Management Assurance (CRMA)
Institute of Internal Auditors
Median earnings
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Cost
$100
Duration
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Completion
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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.
Determine appropriate assurance and consulting services for the internal audit function with regard to risk managementEvaluate organizational independence of the internal audit function and report impairments to appropriate partiesCoordinate risk assurance efforts and determine reliance on other assurance providersDevelop and maintain an organizationwide risk assurance map to ensure proper coverage and minimize duplicationEvaluate organizational governance structure and the application of risk management and control frameworksAssess risk governance, risk culture, and the impact of organizational culture on the control environmentEvaluate management's integration of risk management into organizational strategy, objectives, and performance managementEvaluate the organization's ability to identify and respond to emerging risks affecting strategy and objectivesExamine the effectiveness of integrated risk management reporting to key stakeholdersEvaluate risk assessment approaches including control self-assessment, continuous monitoring, and maturity modelsApply data analytics techniques to support risk management and assurance processesEvaluate the design and application of management's risk identification and assessment processesDevelop a risk-based internal audit plan using an organizationwide risk assessmentManage internal audit engagements to achieve audit objectives and ensure qualityEvaluate the effectiveness and efficiency of risk management at the process, business unit, and organizational levelsAssess risk management, project management, and change controls throughout the systems development lifecycleEvaluate data privacy, cybersecurity, IT controls, and information security policies and practicesEvaluate risk management monitoring processes including risk registers and mitigation plansCommunicate engagement results and risk management assessments to management and the board