Certification in Risk Management Assurance (CRMA) Exam Preparation
Show that you can give the board real assurance on how risk is managed.
About this course
Show that you can give the board real assurance on how risk is managed. Over four days you will review governance and risk oversight, risk management frameworks, risk assessment and response, and how internal audit evaluates and reports on risk management processes.
Case discussions help you connect theory to the risks your own organisation faces, and practice questions prepare you for the CRMA exam. Exam fees are separate and paid to the exam provider.
What you'll learn
- Explain the relationship between governance, risk oversight and assurance
- Compare widely used risk management frameworks and principles
- Assess how risks are identified, analysed, prioritised and treated
- Evaluate the design and effectiveness of risk management processes
- Describe the assurance and advisory roles of internal audit in risk management
- Communicate risk management findings clearly to management and the board
- Prepare for the CRMA exam with practice questions
Curriculum
- The CRMA programme and exam
- Building a study plan
- Question technique
- Governance structures and responsibilities
- The role of the board in risk oversight
- Risk culture
- Three lines of accountability
- Enterprise risk management frameworks
- Risk management principles
- Integrating risk management with strategy
- Identifying and analysing risks
- Risk appetite and tolerance
- Prioritising risks
- Selecting risk responses
- Planning a risk management assurance engagement
- Evaluating risk management processes
- Assessing controls over key risks
- Reporting assurance results
- Advisory support for risk management
- Safeguarding independence and objectivity
- Communicating risk to management and the board
- Practice exam
- Reviewing weak areas
- Exam-day preparation
Who it's for
Experienced internal auditors and risk professionals who provide assurance on risk management.
Before you start
- Experience in internal audit, risk management or assurance work
- Candidates should check the current CRMA eligibility requirements published by The IIA
Prepares for
Part of these Alalamia diplomas
Related courses
More in Audit, Fraud & Risk →CIA Part 1 Exam Preparation: Essentials of Internal Auditing
Audit, Fraud & Risk
View course →CIA Part 2 Exam Preparation: Practice of Internal Auditing
Audit, Fraud & Risk
View course →CIA Part 3 Exam Preparation: Business Knowledge for Internal Auditing
Audit, Fraud & Risk
View course →Certified Fraud Examiner (CFE) Exam Preparation
Audit, Fraud & Risk
View course →Auditing Financial Statements
Audit, Fraud & Risk
View course →Internal Control and Compliance Essentials
Audit, Fraud & Risk
View course →Let's plan your next step together.
Tell us the course or certification you have in mind and we'll send the outline, upcoming dates, fees and private-team options.