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Accountant CIMA-SCS Exam Syllabus Topics:

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

                                            Accountant Strategic Case Study Sample Questions:

                                            1. 1. Assessment of existing strategy and the formulation of future strategy
                                            2. Assess performance of executive directors, senior management, and the chairman
                                            3. Evaluate effectiveness of internal control and risk management
                                            4. Determine remuneration of executive directors and senior management
                                            5. Succession planning

                                            A) Roles of the chairman
                                            B) Risk Register
                                            C) Roles of the chief executive
                                            D) Roles of NED's


                                            2. - Defined as the beliefs or opinions that are generally held about an organisation
                                            - Most clearly shown in the financial risk

                                            A) Reputational Risk
                                            B) Aim of Availability
                                            C) Roles of the chief executive
                                            D) Methods of growth


                                            3. Cheese and Eggs (Fried Cheese and Eggs)

                                            A) True
                                            B) False


                                            4. Raw

                                            A) Blue
                                            B) Red
                                            C) Green
                                            D) White


                                            5. - Scenario planning
                                            - Stress testing

                                            A) CIA triad (Cybersecurity)
                                            B) Risks with Focus Strategy
                                            C) Risks with organic growth
                                            D) Risk mitigation techniques


                                            Solutions:

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

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