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Accountant CIMA-SCS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Recommend Financing Strategies | 15–25% | - Evaluate funding requirements and sources - Recommend dividend, investment and financing policies - Evaluate mergers, acquisitions and divestment decisions - Assess capital structure and cost of capital |
| Topic 2: Evaluate Business Ecosystem and Environment | 15–25% | - Analyse macro-environmental factors (political, economic, social, technological, legal, environmental) - Assess industry structure and competitive forces - Assess impact of digital transformation and innovation - Evaluate stakeholder interests and influence |
| Topic 3: Recommend and Maintain Sound Control Environment | 15–25% | - Recommend assurance and reporting processes - Evaluate governance structures and ethical frameworks - Ensure compliance with laws, regulations and standards - Design and assess internal control systems |
| Topic 4: Develop Business Strategy | 15–25% | - Evaluate internal and external environments - Analyse organisational mission, vision and objectives - Plan strategy implementation and governance - Formulate strategic options and select appropriate strategies |
| Topic 5: Evaluate and Mitigate Risk | 15–25% | - Assess risk likelihood and impact - Identify and categorise strategic, operational, financial and compliance risks - Recommend risk mitigation and response strategies - Design and evaluate risk management frameworks and controls |
Accountant Strategic Case Study Sample Questions:
1. - Dividends are optional (interest payments are not)
- No need to pay back the capital
A) Advantages of debt over equity financing
B) Advantages of share for share exchange
C) Advantages of equity over debt financing
D) Advantages of earnout
2. - Costs to Daistruk paying in another currency would increase as R$ worth less
A) Disadvantages of earnout
B) Economic risk
C) If R$ strengthens....
D) If R$ weakens....
3. - Staff recruitment needed for drone operators = expensive, need to know local laws, H&S
- Demand for drone deliveries could vary
- Public safety risk
- Cost of investment
A) Strategic risks of Drone investment for Daistruk
B) Impact of downtime for Daistruk IT system
C) Arguments for using internal audit department in fraud situations
D) Threats to compliance with fundamental ethical principles
4. Spiral-shape
A) Spirilla
B) Spirochetes
C) Cocci
D) Bacilli
5. - Guard against improper use of data
- Need integrity to support completeness, accuracy and timeliness of processing
- Integrity needed to prepare reliable financial info
A) Risks with organic growth
B) Governance definition
C) Roles of the chief executive
D) Aim of integrity of data
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |






