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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Recommend and Maintain Sound Control Environment | 15–25% | - Ensure compliance with laws, regulations and standards - Design and assess internal control systems - Recommend assurance and reporting processes - Evaluate governance structures and ethical frameworks |
| Topic 2: Evaluate Business Ecosystem and Environment | 15–25% | - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) - Evaluate stakeholder interests and influence - Assess industry structure and competitive forces - Assess impact of digital transformation and innovation |
| Topic 3: Recommend Financing Strategies | 15–25% | - Recommend dividend, investment and financing policies - Assess capital structure and cost of capital - Evaluate mergers, acquisitions and divestment decisions - Evaluate funding requirements and sources |
| Topic 4: Develop Business Strategy | 15–25% | - Analyse organisational mission, vision and objectives - Plan strategy implementation and governance - Evaluate internal and external environments - Formulate strategic options and select appropriate strategies |
| Topic 5: Evaluate and Mitigate Risk | 15–25% | - Assess risk likelihood and impact - Identify and categorise strategic, operational, financial and compliance risks - Design and evaluate risk management frameworks and controls - Recommend risk mitigation and response strategies |
Accountant Strategic Case Study Sample Questions:
1. Machine wash
A) 110-f - 120-f
B) 160-f - 180-f
C) 180-f - 194-f
D) 150-F - 160-F
2. - Paid cash early
- Potential for shareholders to get paid even more if they can achieve targets
A) Multilateral netting
B) Earnout payment method
C) Advantages of earnout
D) Benefits of netting
3. Puddings (Jello Puddings)
A) P
B) J
C) H
D) D
4. - More expensive than forward contract, MMH or futures
- High up front premiums to cover market risk
- Premium must be paid even if you lapse
A) Disadv. of Money Market Hedge
B) Disadv. of Currency Options
C) Disadv. of Currency Futures
D) Disadvantages of debt financing
5. *Availability- maximise biz hours
*Confidentiality- protection from unauthorised access- passwords & encryption
*Integrity of data- reliability of data
*Integrity of processing- protection against inproper use
A) Clientele effect
B) Scrip dividend
C) AICPA reporting framework (cyber security objectives)
D) Porters Generic Strategies - how to gain competitive advantage
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: C |
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