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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Recommend Financing Strategies | 15–25% | - Evaluate mergers, acquisitions and divestment decisions - Assess capital structure and cost of capital - Recommend dividend, investment and financing policies - Evaluate funding requirements and sources |
| Topic 2: Develop Business Strategy | 15–25% | - Formulate strategic options and select appropriate strategies - Plan strategy implementation and governance - Evaluate internal and external environments - Analyse organisational mission, vision and objectives |
| Topic 3: Evaluate and Mitigate Risk | 15–25% | - Design and evaluate risk management frameworks and controls - Recommend risk mitigation and response strategies - Assess risk likelihood and impact - Identify and categorise strategic, operational, financial and compliance risks |
| Topic 4: Evaluate Business Ecosystem and Environment | 15–25% | - Assess impact of digital transformation and innovation - Evaluate stakeholder interests and influence - Assess industry structure and competitive forces - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) |
| Topic 5: Recommend and Maintain Sound Control Environment | 15–25% | - Ensure compliance with laws, regulations and standards - Evaluate governance structures and ethical frameworks - Design and assess internal control systems - Recommend assurance and reporting processes |
Accountant Strategic Case Study Sample Questions:
1. - Impacts future audit work if disciplinary hearing needed
- If guilty party identified, need to follow up with police
A) Arguments AGAINST using internal audit department in fraud situations
B) Aim of confidentiality (elements of strategies)
C) Arguments for using internal audit department in fraud situations
D) Responses to unethical behaviour
2. Uncooked Poultry
A) Yellow
B) Green
C) Blue
D) Red
3. 1) Where to compete- which markets, which products
2) how to compete- what should be the basis for our competitive advantage eg cost leader or differentiator
3) which investment vehicle to use- organic growth, acquisition, JV, merger, strategic alliance
A) Sensitive Information
B) Signalling effect
C) Scrip dividend
D) Strategic Options
4. Mint
A) Very small leaves
B) Similar to parsley
C) Pointed and green leave
D) Pointed textured leaves
5. - Long term movements in ex. rate
- Long term movements can impact value of company
A) Transaction risk
B) Financing decisions
C) Types of decisions
D) Economic risk
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |







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