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The exam covers all areas of finance and corporate governance. Students who pass the exam earn a CIMA CIMAPRA19-P03-1 certification certificate. The CIMA CIMAPRA19-P03-1 certification covers: Assembling a financial statement Defining and explaining the role of accounting in a business Accessing and understanding financial statements Policy decisions in relation to accounting Auditing and audits of financial statements Deciding when to use which accounting methods Creating an audit plan for the organization Managing internal auditing staff conducting audits Prepare the annual report Preparing an annual report for external auditing company Making recommendations for developing internal controls Identifying fraud.

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  • Professional Practice Management: 85%
  • Decision Making and Problem Solving: 60%
  • English Language Skills: 25%
  • Business Communication Skills: 45%
  • Economics for Managers (one day): 15%

Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3

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What is the duration, language, and format of the CIMA CIMAPRA19-P03-1 Certification Exam

Format: Multiple choices, multiple answers

  • Passing score: 7o%
  • Language: English
  • Length of Examination: 3 hours
  • Number of Questions: 100

CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Cyber Risk25%- Cyber Threats
  • 1. Data breaches and hacking risks
    • 2. System vulnerabilities
      - Cyber Controls
      • 1. Access control and authentication
        • 2. Incident response planning
          Enterprise Risk25%- Risk Identification
          • 1. Risk classification across the organization
            • 2. Internal and external risk sources
              - Risk Response
              • 1. Risk transfer and avoidance
                • 2. Mitigation strategies
                  - Risk Assessment
                  • 1. Risk prioritization techniques
                    • 2. Likelihood and impact analysis
                      Internal Controls25%- Control Systems
                      • 1. Design of internal controls
                        • 2. Preventive and detective controls
                          - Control Evaluation
                          • 1. Effectiveness assessment
                            • 2. Control failure and remediation
                              Strategic Risk25%- External Environment Risk
                              • 1. Economic and reputational risk
                                • 2. Political and regulatory risk
                                  - Strategic Decision Risk
                                  • 1. Competitive positioning risk
                                    • 2. Market entry and expansion risk

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