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What does CIMA CIMAPRA19-P03-1 Certification Exam cover?

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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Advantages of Passing of CIMA CIMAPRA19-P03-1 Certification Exam

The CIMA level is a great way for students to demonstrate that they have acquired at least 80% of what they need to know about financial management. Passing the CIMA CIMAPRA19-P03-1 exam gives students a competitive edge, as well as an excellent chance of employment when they leave university. When graduates pass the CIMA level, they are given a certificate stipulating the percentage of knowledge that has been achieved by the student and are entitled to wear a pin that signifies their level.

Those who pass the CAMS exam with the help of CIMA CIMAPRA19-P03-1 Dumps gain several benefits:

  • Students will be able to demonstrate their skills in financial management to employers. Schools and institutions can use the CIMA level as a basis for determining admission requirements. Students interested in pursuing studies in business can take this exam as part of their post-secondary courses.
  • The CIMA level helps to develop students' abilities in problem-solving skills by developing their capacity for making and analyzing decisions. When students pass the CIMA level, they are eligible to become members of CIMA International.
  • With a certification from CIBA, graduates are able to show employers that they have acquired at least 80% of what they need to know about financial management.

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

Enlist of Registration procedure of CIMA CIMAPRA19-P03-1 Certification Exam

When you order your CIMA CIMAPRA19-P03-1 certification exam, you must submit four forms of payment in addition to the cost of the exam. All forms of payment must be made by check, money order or wire transfer.

  • One form of payment should be for a letter from your employer stating that you have at least two years experience as a financial manager or auditor in an organization with an annual turnover exceeding 5 million USD.
  • A photo identification document such as a passport or driving license, and also proof of residency (a utility bill, lease agreement, etc.)
  • A photocopy of the postgraduate degree certificate that you received from your university.
  • A letter from one of your professors confirming that you are in good academic standing in the course, and also that you have demonstrated adequate command over English language and professional skills.

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Strategic Risk25%- Reputational and compliance risk
- Governance and board responsibilities
- Stress testing and scenario analysis
- Financial risk and hedging techniques
Topic 2: Cyber Risk25%- Information security standards (ISO 27001)
- Cyber risk assessment and reporting
- Cyber controls and incident response
- Cyber threats and vulnerabilities
Topic 3: Enterprise Risk25%- ERM frameworks (COSO, ISO 31000)
- Risk appetite, tolerance and capacity
- Risk registers and assurance mapping
- Sources and types of risk
Topic 4: Internal Controls25%- Control monitoring and reporting
- COSO Internal Control framework
- Control design and segregation of duties
- Role of internal audit

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