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Certification Path of CIMA CIMAPRA19-P03-1 Certification Exam
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.
Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3
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Introduction of CIMA CIMAPRA19-P03-1 Certification Exam
The exam is administered in various regions of the world: Africa (Nigeria, Kenya, South Africa, Namibia, Côte d'Ivoire) Asia (Japan), Europe (Austria), Latin America, and Oceania. The exam covers all fields of finance and corporate governance and students interested in both CIMA CIMAPRA19-P03-1 certification are encouraged to consider taking both tracks. At least one track must be in the student's native language. CIMA CIMAPRA19-P03-1 certification lasts for three years. Students can retake the exam at any time during this period. Exam retakes must be within 90 days of the first examination, although exceptions may be allowed. The exam is available in multiple sessions around the world to accommodate continental differences. The exams may take place anywhere from two to seven times per year, depending on timing and need for a specific location. In some regions, students may take the exam more than once, but only once during their lifetime. However, students who fail the exam can reapply immediately if they satisfy additional prerequisites. If a candidate has knowledge and skills that are required to pass CIMA CIMAPRA19-P03-1 Exam and fully prepared with CIMA CIMAPRA19-P03-1 Dumps then he should take this CIMA CIMAPRA19-P03-1 exam.
To receive a CIMA CIMAPRA19-P03-1 certificate, students must earn a minimum of 70% on each of the four parts: Corporate Finance and Accounting Auditing Management Control and Risk Management Economics for Managers (one day) Professional Practice Management (five days), which consists of Decision Making & Problem Solving Decision Making & Conflict Resolution Business Communication Skills Business Writing Skills English Language Skills. After completing the one-day management seminar, students must pass an additional three-hour examination on International Business Law and Ethics. This course is mandatory for students taking the sustainable management track. If a student passes this course and the exam, his or her CIMA CIMAPRA19-P03-1 certification will be upgraded. The exam is administered through multiple administrations in various countries and may take place anywhere from two to seven times per year. The exams are available in sets of multiple days over a period of six months starting in mid-August depending on scheduling.
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CIMA CIMAPRA19-P03-1 Certification Reference
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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cyber Risk | 25% | - Cyber risk assessment and reporting - Cyber controls and incident response - Information security standards (ISO 27001) - Cyber threats and vulnerabilities |
| Topic 2: Strategic Risk | 25% | - Stress testing and scenario analysis - Financial risk and hedging techniques - Reputational and compliance risk - Governance and board responsibilities |
| Topic 3: Enterprise Risk | 25% | - Sources and types of risk - Risk registers and assurance mapping - Risk appetite, tolerance and capacity - ERM frameworks (COSO, ISO 31000) |
| Topic 4: Internal Controls | 25% | - Control design and segregation of duties - Role of internal audit - COSO Internal Control framework - Control monitoring and reporting |
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