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Accountant CIMA-SCS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Evaluate and Mitigate Risk15–25%- Assess risk likelihood and impact
- Design and evaluate risk management frameworks and controls
- Recommend risk mitigation and response strategies
- Identify and categorise strategic, operational, financial and compliance risks
Topic 2: Recommend and Maintain Sound Control Environment15–25%- Evaluate governance structures and ethical frameworks
- Ensure compliance with laws, regulations and standards
- Design and assess internal control systems
- Recommend assurance and reporting processes
Topic 3: Recommend Financing Strategies15–25%- Evaluate funding requirements and sources
- Evaluate mergers, acquisitions and divestment decisions
- Recommend dividend, investment and financing policies
- Assess capital structure and cost of capital
Topic 4: Develop Business Strategy15–25%- Plan strategy implementation and governance
- Analyse organisational mission, vision and objectives
- Formulate strategic options and select appropriate strategies
- Evaluate internal and external environments
Topic 5: 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)

Accountant Strategic Case Study Sample Questions:

1. Temperature dough?

A) 65-F
B) 60-f
C) 64-f
D) 66-f


2. Meatless Entrees (Rare Meatless Entrees)

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


3. - Can't be tailored
- Fixed amounts only at set dates (March, June, Sep, Dec)

A) Disadv. of Money Market Hedge
B) Disadvantages of earnout
C) Types of valuation models
D) Disadv. of Currency Futures


4. Five forces examines an organisations industry
*New entrants- barriers to entry?
*Power of suppliers- industry is dominated by few suppliers
*Substitutes- satisfy the same need
*power of buyers- high when there is a concentration of buyers
*Rivalry amongst competitors
Conclusion: desirable situation is where there is weak suppliers and buyers, few substitutes, high barriers to entry and little rivalry

A) Five Forces Model
B) Ansoff- The Product/market Growth Framework
C) Porter's Five Forces
D) The Bird In The Hand Argument


5. Flippers

A) Both end bulge outwards
B) Both ends are flat
C) Smooth and Rigid
D) Feathery leaves may be curly or flat


Solutions:

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

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