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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Evaluate Business Ecosystem and Environment | 15–25% | - Assess industry structure and competitive forces - Evaluate stakeholder interests and influence - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) - Assess impact of digital transformation and innovation |
| Topic 2: Evaluate and Mitigate Risk | 15–25% | - Assess risk likelihood and impact - Recommend risk mitigation and response strategies - Identify and categorise strategic, operational, financial and compliance risks - Design and evaluate risk management frameworks and controls |
| Topic 3: Recommend Financing Strategies | 15–25% | - Assess capital structure and cost of capital - Evaluate mergers, acquisitions and divestment decisions - Evaluate funding requirements and sources - Recommend dividend, investment and financing policies |
| Topic 4: Recommend and Maintain Sound Control Environment | 15–25% | - Recommend assurance and reporting processes - Design and assess internal control systems - Evaluate governance structures and ethical frameworks - Ensure compliance with laws, regulations and standards |
| Topic 5: Develop Business Strategy | 15–25% | - Plan strategy implementation and governance - Formulate strategic options and select appropriate strategies - Evaluate internal and external environments - Analyse organisational mission, vision and objectives |
Accountant Strategic Case Study Sample Questions:
1. - Confidentiality
- Integrity
- Availability
A) Risks with Focus Strategy
B) CIA triad (Cybersecurity)
C) Porter's generic strategies
D) Risk mitigation techniques
2. - How much cash should be paid out to shareholders?
- Dividends or capital growth?
- Should dividend be cut and re-invested in +NPV projects?
- Currently at 83.6%
A) Examples of financing decisions
B) Dividend decisions for Daistruk
C) Disadv. of Currency Options
D) Financing decisions
3. - How should funds be raised?
- What is cost of finance?
- Impact on gearing?
- Equity or debt financing?
- Look at LT vs. ST
A) Benefits of netting
B) Intangible assets valuation
C) Dividend decisions for Daistruk
D) Financing decisions
4. - Don't need to do background checks on IA
- External consultancy firm would be expensive
- IA department would be independent and won't allow bias
- Would know how the system works at Daistruk
A) Key reasons for separation of the roles of chairman and chief executive
B) Arguments AGAINST using internal audit department in fraud situations
C) Arguments for using internal audit department in fraud situations
D) Strengths of Daistruk corporate governance
5. Dill
A) Feathery shape with Strong aroma
B) Feathery leaves may be curly or flat
C) Similar shape to parsley
D) Narrow leave
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A |



