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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Evaluate and Mitigate Risk | 15–25% | - Recommend risk mitigation and response strategies - Design and evaluate risk management frameworks and controls - Identify and categorise strategic, operational, financial and compliance risks - Assess risk likelihood and impact |
| Evaluate Business Ecosystem and Environment | 15–25% | - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) - Assess impact of digital transformation and innovation - Evaluate stakeholder interests and influence - Assess industry structure and competitive forces |
| Recommend Financing Strategies | 15–25% | - Evaluate mergers, acquisitions and divestment decisions - Recommend dividend, investment and financing policies - Assess capital structure and cost of capital - Evaluate funding requirements and sources |
| Develop Business Strategy | 15–25% | - Analyse organisational mission, vision and objectives - Plan strategy implementation and governance - Formulate strategic options and select appropriate strategies - Evaluate internal and external environments |
| Recommend and Maintain Sound Control Environment | 15–25% | - Recommend assurance and reporting processes - Ensure compliance with laws, regulations and standards - Design and assess internal control systems - Evaluate governance structures and ethical frameworks |
Accountant Strategic Case Study Sample Questions:
1. Round-shape
A) Cocci
B) Spirilla
C) Bacilli
D) Epithelial
2. - Implement a write off process for unsellable products
- Destroy defected products
- CCTV system in place
- Visitor log to track who goes in and our of factory
A) Internal controls to prevent fraud
B) Impact of downtime for Daistruk IT system
C) Internal controls to prevent stolen data
D) Responses to unethical behaviour
3. - Protect from downside risk
- Can let it lapse if unfavourable
A) Adv. of Money Market Hedge
B) Adv. of Currency Options
C) Types of currency risk
D) Disadv. of Currency Futures
4. - Old shareholders will continue to be shareholders for Daistruk
- Would receive dividends
- Capital gains tax change from selling shares would be deferred since no cash is exchanged
A) Advantages of share for share exchange
B) Advantages of earnout
C) Advantages of equity over debt financing
D) Benefits of interest rate swap
5. - Makes sure board meetings are held properly
- Ensures good quality info is going all board members
- Ensures relationship between executive and non-executives are working well
- Evaluates chief exec.'s performance
A) Governance definition
B) Roles of NED's
C) Roles of the chairman
D) Roles of the chief executive
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |




