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Accountant CIMA-SCS Exam Syllabus Topics:

SectionWeightObjectives
Evaluate Business Ecosystem and Environment15–25%- Assess industry structure and competitive forces
- Evaluate stakeholder interests and influence
- Assess impact of digital transformation and innovation
- Analyse macro-environmental factors (political, economic, social, technological, legal, environmental)
Recommend and Maintain Sound Control Environment15–25%- Recommend assurance and reporting processes
- Ensure compliance with laws, regulations and standards
- Evaluate governance structures and ethical frameworks
- Design and assess internal control systems
Evaluate and Mitigate Risk15–25%- Design and evaluate risk management frameworks and controls
- Identify and categorise strategic, operational, financial and compliance risks
- Recommend risk mitigation and response strategies
- Assess risk likelihood and impact
Recommend Financing Strategies15–25%- Recommend dividend, investment and financing policies
- Assess capital structure and cost of capital
- Evaluate funding requirements and sources
- Evaluate mergers, acquisitions and divestment decisions
Develop Business Strategy15–25%- Formulate strategic options and select appropriate strategies
- Analyse organisational mission, vision and objectives
- Evaluate internal and external environments
- Plan strategy implementation and governance

Accountant Strategic Case Study Sample Questions:

1. - Dividends are optional (interest payments are not)
- No need to pay back the capital

A) Advantages of earnout
B) Advantages of share for share exchange
C) Advantages of debt over equity financing
D) Advantages of equity over debt financing


2. Rosemary

A) Feathery shape with strong aroma
B) Very small leaves
C) Small oval leaves
D) Shape like pine needles


3. - Ensure a balance of power
- Facilitate independent individual performance appraisal of both
- Differentiate between two different sets of complex and demanding roles
- Ensure investor confidence
- Ensure compliance with international principles-based corporate governance best practice codes

A) Key reasons for separation of the roles of chairman and chief executive
B) Benefits of robotics for Daistruk
C) Internal controls to prevent stolen data
D) Reason why poor corporate governance causes failure


4. Congo, Brownies

A) Sliced/rolled cookies
B) Dropped cookie
C) Very small Leaves
D) Bar style Cookie


5. shareholders are concerned as to how their return is delivered to them by the company. The company should follow a consistent dividend policy to ensure that they attract shareholders who like that particular policy

A) Market reaction effect
B) Distribution effect
C) Clientele effect
D) Signalling effect


Solutions:

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

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