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Accountant CIMA-SCS Exam Syllabus Topics:

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

                                            Accountant Strategic Case Study Sample Questions:

                                            1. Cakes and Frosting (Good Cakes and Frosting)

                                            A) K
                                            B) F
                                            C) G
                                            D) R


                                            2. - Protect from downside risk
                                            - Can let it lapse if unfavourable

                                            A) Disadv. of Currency Futures
                                            B) Adv. of Money Market Hedge
                                            C) Adv. of Currency Options
                                            D) Types of currency risk


                                            3. - Hard to value intangible assets (such as brand)
                                            - Won't be on balance sheet usually
                                            - Would need to carry out due diligence

                                            A) Intangible assets valuation
                                            B) Disadv. of Currency Futures
                                            C) Financing decisions
                                            D) External hedging techniques


                                            4. Cilantro

                                            A) Similar shape to parsley
                                            B) Similar flavor to thyme
                                            C) Very small leaves
                                            D) Use in italian sausage


                                            5. Meats, Poultry, Fish (Lean Meats Poultry, Fish)

                                            A) L
                                            B) G
                                            C) E
                                            D) I


                                            Solutions:

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

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