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Accountant CIMA-SCS Exam Syllabus Topics:

SectionObjectives
Risk Management and Governance- Enterprise risk management
  • 1. Risk identification and assessment
    • 2. Risk mitigation strategies
      - Corporate governance
      • 1. Board responsibilities
        • 2. Ethics and compliance
          Strategy Implementation- Performance management systems
          • 1. KPIs and dashboards
            • 2. Strategic performance measurement
              - Organisational change and execution
              • 1. Change management
                • 2. Project and program delivery
                  Digital Strategy and Sustainability- Digital transformation
                  • 1. Technology-enabled business models
                    • 2. Data-driven decision making
                      - Sustainability and ESG
                      • 1. Environmental and social impact
                        • 2. Sustainable business strategy
                          Financial Strategy- Investment and financing decisions
                          • 1. Investment appraisal
                            • 2. Capital structure considerations
                              - Value creation and financial governance
                              • 1. Financial risk management
                                • 2. Shareholder value analysis
                                  Strategy Development- Strategy formulation
                                  • 1. Corporate strategy options
                                    • 2. Business model design
                                      - Strategic analysis and diagnosis
                                      • 1. Internal capability assessment
                                        • 2. Strategic position evaluation
                                          • 3. External environment analysis

                                            Accountant Strategic Case Study Sample Questions:

                                            1. Salads, Salad Dressings, Relish (Make Salads, Salad dressings, and Relish)

                                            A) O
                                            B) M
                                            C) K
                                            D) E


                                            2. - Comply with laws
                                            - Meet contractual obligations
                                            - Safeguard informational assets of an entity

                                            A) Sources of reputational risk
                                            B) Aim of confidentiality (elements of strategies)
                                            C) Threats to compliance with fundamental ethical principles
                                            D) Impact of downtime for Daistruk IT system


                                            3. Sea food

                                            A) Yellow
                                            B) Tan
                                            C) Red
                                            D) White


                                            4. Bay Leaves

                                            A) Red
                                            B) Small Oval Leaves
                                            C) Smooth and Rigid
                                            D) Pointed and Green Leave


                                            5. - Training on cyber security upon starting at company and refreshed annually
                                            - Policies for staff set up
                                            - Hardware controls such as biometrics
                                            - Software controls such as passwords, 2FA, tokens
                                            - Should not use personal devices

                                            A) Benefits of robotics for Daistruk
                                            B) Internal controls to prevent stolen data
                                            C) Internal controls to prevent fraud
                                            D) Technological factors (reputational risk)


                                            Solutions:

                                            Question # 1
                                            Answer: B
                                            Question # 2
                                            Answer: B
                                            Question # 3
                                            Answer: B
                                            Question # 4
                                            Answer: C
                                            Question # 5
                                            Answer: B

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