Practice that fits between meetings. The IIA-CRMA-ADV materials from Prep4SureReview run on any electronic equipment you own, with no installation limits — so your IIA Certification in Risk Management Assurance study happens whenever spare time appears.
IIA IIA-CRMA-ADV Exam Overview:
| Certification Vendor: | The Institute of Internal Auditors (IIA) |
|---|---|
| Exam Name: | Certification in Risk Management Assurance (CRMA) |
| Exam Number: | IIA-CRMA-ADV |
| Exam Format: | Computer-based testing, Multiple Choice, Scenario/Advanced judgment items |
| Related Certifications: | Internal Audit Practitioner (IAP) Certified Internal Auditor (CIA) |
| Exam Duration: | 150 minutes |
| Exam Price: | $465 USD (Member), $610 USD (Non-Member) |
| Real Exam Qty: | 120 |
| Passing Score: | Scaled score determined by IIA (official pass score not publicly published) |
| Certificate Validity Period: | Certification ongoing with annual CPE requirements |
| Available Languages: | English |
| Sample Questions: |  |
| Exam Way: | Computer-based in authorised Pearson VUE test centres worldwide (online proctoring discontinued by IIA). |
| Pre Condition: | Candidates must apply and be accepted into the CRMA program; internal audit, risk management, or related experience required to complete certification and CPE for maintenance. Specific eligibility depends on education and experience level. Candidates have two years from acceptance to pass the exam and complete experience requirements. (See official IIA details.) |
| Official Syllabus URL: | https://theiia.org/en/certifications/crma/ |
IIA IIA-CRMA-ADV Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Internal Audit Roles and Responsibilities | 20% | - Roles and competencies
|
| Topic 2: Risk Management Governance | 25% | - Risk management integration
|
| Topic 3: Risk Management Assurance | 55% | - Communication
|
Practical Answers for IIA Certification in Risk Management Assurance Candidates
At present, the IIA-CRMA-ADV exam requires a passing score of Scaled score determined by IIA (official pass score not publicly published) and costs $465 USD (Member), $610 USD (Non-Member) to register. IIA controls both figures, so confirm them on the official site before you book.
The latest exam information lists 120 questions for the IIA-CRMA-ADV exam, to be completed in 150 minutes minutes. Rehearsing under these conditions in the online engine is the closest thing to sitting the real test.
The IIA Certification in Risk Management Assurance blueprint is organized into these principal domains:
- Risk Management Assurance (55%)
- Internal Audit Roles and Responsibilities (20%)
- Risk Management Governance (25%)
A team of professional IT experts and certified trainers who focus on this exam field — and who keep the IIA-CRMA-ADV bank under constant updating so every candidate prepares smoothly. Every answer is expert-verified, and you can check the accuracy yourself with a free demo before buying. The online test engine deserves special mention: it simulates the actual test environment, supports Windows, Mac, Android, and iOS, carries no installation limits, and lets you practice without limits of time or location — a smooth preparation process for office workers who cannot attend classes.
Upon successful payment, our system automatically sends the product to your mailbox — typically within about a minute — with an instant download link on screen. If nothing arrives within two hours, check your spam folder and contact support. Once purchased, updates are free for 365 days: whenever a new version is released, the updated IIA-CRMA-ADV bank is sent to your email immediately. A 50% renewal discount applies after the period ends.
IIA specifies the following prerequisites for the IIA Certification in Risk Management Assurance: Candidates must apply and be accepted into the CRMA program; internal audit, risk management, or related experience required to complete certification and CPE for maintenance. Specific eligibility depends on education and experience level. Candidates have two years from acceptance to pass the exam and complete experience requirements. (See official IIA details.).
Verify the details on the official certification page before registering.
Documented and honored. If you fail the corresponding exam within 60 days of purchase, send a scanned copy of your enrollment slip and your official Score Report PDF within two days of the exam date; verified claims are refunded in full within seven days. Exclusions: exams taken within three days of purchase, candidate names that differ from the payer, and free or expired products. If you have another exam in mind, you can instead exchange your product for two others of equal value at no charge.
IIA Certification in Risk Management Assurance Sample Questions:
An organization invests its savings in a volatile stock with the potential for high gains rather than a mutual fund with a lower expected return and lower volatility. This best describes which of the following risk concepts?
- A. Risk capacity.
- B. Risk identification.
- C. Risk appetite.
- D. Risk tolerance.
Correct Answer: D 🗳️
An internal auditor is reviewing the accounts receivable when she discovers account balances more than three years old. The auditor was previously supervising the area during this time, and she subsequently advises the chief audit executive (CAE) of a potential conflict.
Which of the following is the most appropriate course of action for the CAE to take?
- A. Continue with the present auditor, as more than one year has passed.
- B. Withdraw the audit team and outsource the financial audit of the division.
- C. Replace the auditor with another audit staff member.
- D. Work with the division's management to resolve the situation.
Correct Answer: C 🗳️
While preparing for an audit of senior management expenses, the chief audit executive (CAE) learns that management is unable to locate a number of original expense claims to support the related disbursements. She decides to defer the engagement until they can be located. Which of the following principles likely guided the CAE's decision?
- A. Objectivity.
- B. Due professional care.
- C. Proficiency.
- D. Independence.
Correct Answer: B 🗳️
When auditing the award of a major contract, which of the following should an internal auditor suspect as a red flag for a bidding fraud scheme?
1. Subsequent change orders increase requirements for low-bid items.
2. Material contract requirements are different on the actual contract than on the request for bids.
3. A high percentage of employees are charged to indirect accounts.
4. Losing bidders are hired as subcontractors.
- A. 2 and 4.
- B. 1 and 3.
- C. 1 only
- D. 2 only
Correct Answer: A 🗳️
According to The IIA's Code of Ethics, which of the following actions violates the principle of confidentiality?
- A. Providing personal tax preparation services for a fee for several employees during the lunch hour.
- B. Agreeing to reword an observation to avoid the client complaining directly to the auditor's supervisor.
- C. Accepting a consulting request in the IT department without possessing the requisite experience.
- D. Providing a friend with the marketing strategic plan, which she will use to prepare her university thesis.
Correct Answer: D 🗳️
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