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The CIMA CIMAPRA19-P03-1 certification is conferred by the Chartered Institute of Management Accountants, which is the highest standard globally. In order to receive your certificate, you must first pass each section of the exam by receiving a cumulative score of 70% or better. Once you have passed all four sections, you need to submit a copy of your official transcript from an accredited college or university. You will also need to submit your transcripts and a letter from your employer stating that you have at least 2 years of work experience as a financial manager or auditor, depending on which exam section you have taken. You should then wait 1-3 weeks for approval before receiving your certificate and pins via mail.
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- Professional Practice Management: 85%
- Economics for Managers (one day): 15%
- Business Communication Skills: 45%
- English Language Skills: 25%
- Decision Making and Problem Solving: 60%
Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3
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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cyber Risk | 25% | - Information security standards (ISO 27001) - Cyber threats and vulnerabilities - Cyber controls and incident response - Cyber risk assessment and reporting |
| Topic 2: Strategic Risk | 25% | - Reputational and compliance risk - Governance and board responsibilities - Financial risk and hedging techniques - Stress testing and scenario analysis |
| Topic 3: Enterprise Risk | 25% | - Risk registers and assurance mapping - Risk appetite, tolerance and capacity - ERM frameworks (COSO, ISO 31000) - Sources and types of risk |
| Topic 4: Internal Controls | 25% | - Role of internal audit - Control monitoring and reporting - COSO Internal Control framework - Control design and segregation of duties |
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