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Accountant CIMA-SCS Exam Syllabus Topics:

SectionObjectives
Topic 1: Strategy Development- Strategic analysis and diagnosis
  • 1. External environment analysis
    • 2. Strategic position evaluation
      • 3. Internal capability assessment
        - Strategy formulation
        • 1. Business model design
          • 2. Corporate strategy options
            Topic 2: Strategy Implementation- Organisational change and execution
            • 1. Project and program delivery
              • 2. Change management
                - Performance management systems
                • 1. Strategic performance measurement
                  • 2. KPIs and dashboards
                    Topic 3: Digital Strategy and Sustainability- Sustainability and ESG
                    • 1. Environmental and social impact
                      • 2. Sustainable business strategy
                        - Digital transformation
                        • 1. Data-driven decision making
                          • 2. Technology-enabled business models
                            Topic 4: Financial Strategy- Investment and financing decisions
                            • 1. Capital structure considerations
                              • 2. Investment appraisal
                                - Value creation and financial governance
                                • 1. Shareholder value analysis
                                  • 2. Financial risk management
                                    Topic 5: Risk Management and Governance- Enterprise risk management
                                    • 1. Risk identification and assessment
                                      • 2. Risk mitigation strategies
                                        - Corporate governance
                                        • 1. Ethics and compliance
                                          • 2. Board responsibilities

                                            Accountant Strategic Case Study Sample Questions:

                                            1. Pies and Pastry (I love Pies and Pastry)

                                            A) K
                                            B) F
                                            C) I
                                            D) E


                                            2. - Transaction risk (movement between transaction date and payment date)
                                            - Economic risk (long term movements)
                                            - Translation risk (changes on translation of assets/liabilities in y/e accounts)

                                            A) Benefits of netting
                                            B) Types of currency risk
                                            C) Daistruk currency risks
                                            D) Translation risk


                                            3. - Obligation to pay interest on borrowings
                                            - Pressure on cashflow as must pay interest back
                                            - Affects credit rating if unable to pay interest

                                            A) Disadvantages of debt financing
                                            B) Advantages of debt over equity financing
                                            C) Disadvantages of share for share exchange
                                            D) Advantages of share for share exchange


                                            4. 145•F

                                            A) 1) seafood, beef steak, pork chopped
                                            B) .13 - .37
                                            C) Small rounded leaves with a flavor similar to Oregon
                                            D) .88 - .99


                                            5. - Guard against improper use of data
                                            - Need integrity to support completeness, accuracy and timeliness of processing
                                            - Integrity needed to prepare reliable financial info

                                            A) Roles of the chief executive
                                            B) Risks with organic growth
                                            C) Aim of integrity of data
                                            D) Governance definition


                                            Solutions:

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

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