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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data and Information in a Digital World | 20% | - Security, privacy and compliance - Information systems and reporting - Data analysis and interpretation - Data characteristics, quality and governance |
| Topic 2: Technology in a Digital World | 20% | - Digital technologies: cloud, AI, automation, analytics - Digital transformation and adoption - Emerging technologies and risks - Impact of technology on finance processes |
| Topic 3: Shape and Structure of the Finance Function | 20% | - Roles, skills and competencies - Centralised vs decentralised finance - Organisational structures and models - Shared services and outsourcing |
| Topic 4: Finance Interacting with the Organisation | 20% | - Supporting functional and strategic goals - Relationship with operations, sales and HR - Communication and influencing skills - Cross-functional collaboration |
| Topic 5: Role of the Finance Function | 20% | - Purpose and value creation - Stewardship, governance and ethics - Decision support and business partnering - Evolution of the finance function |
CIMA Managing Finance in a Digital World Sample Questions:
RT Company produces sub components for the vehicle industry Worldwide changes in government regulation and social attitudes mean that there is an increasing pace of demand for hybrid and electric vehicles B is the long serving finance manager of RT Company. Using various data and information provided by the finance function staff, and experience built up over many years. B is considering how new challenges might be overcome and how opportunities might be maximised by the company In the context of the information to impact framework, which of the following best describes B's overall contribution to the anticipated changes'?
- A. Acumen
- B. Applying
- C. Assembling
- D. Analysing
Correct Answer: A π³οΈ
From the following, which best defines Business Process Re-engineering (BPR)?
- A. BPR involves fundamental changes in the way the organisation operates.
- B. BPR is the continuous examination and improvement of processes.
- C. The main aim of BPR is to save costs
- D. BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.
Correct Answer: A π³οΈ
When using an integrated reporting approach a supermarket will include which THREE of the following in the organisation's annual financial statements?
- A. Statement of the number accidents occurring
- B. Statement of risks facing the organisation
- C. Statement of financial position
- D. Statement of remuneration of all employees
- E. Statement of cash flows
Correct Answer: B,C,E π³οΈ
Company V is, and has always been, very focused on the importance of stakeholders to the business.
As a well known and very popular private fee-paying school, Company V has to take on board advice, feedback, complaints and queries from a great many different stakeholders, all of which have to be prioritised according to their impact and power over the operations of the company.
Listed below are some of the stakeholders that Company V deal with on a daily basis. Categorise each of these stakeholders according to whether they are internal, connected or external stakeholders.
Correct Answer:
XY Company operates a flexible manufacturing system, manufacturing a single standard product. What is the disadvantage of this system if the organisation expands its product range?
- A. The ability to change between jobs
- B. Fast response times
- C. The cost of enhanced flexibility
- D. Small batches can be accommodated
Correct Answer: C π³οΈ
