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The cost of CIMA CIMAPRA19-P03-1 examination is about $1500/ applicant.

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The CIMA level is a great way for students to demonstrate that they have acquired at least 80% of what they need to know about financial management. Passing the CIMA CIMAPRA19-P03-1 exam gives students a competitive edge, as well as an excellent chance of employment when they leave university. When graduates pass the CIMA level, they are given a certificate stipulating the percentage of knowledge that has been achieved by the student and are entitled to wear a pin that signifies their level.

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• With a certification from CIBA, graduates are able to show employers that they have acquired at least 80% of what they need to know about financial management.
• The CIMA level helps to develop students' abilities in problem-solving skills by developing their capacity for making and analyzing decisions. When students pass the CIMA level, they are eligible to become members of CIMA International.
• Students will be able to demonstrate their skills in financial management to employers. Schools and institutions can use the CIMA level as a basis for determining admission requirements. Students interested in pursuing studies in business can take this exam as part of their post-secondary courses.

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What does CIMA CIMAPRA19-P03-1 Certification Exam cover?

The exam covers all areas of finance and corporate governance. Students who pass the exam earn a CIMA CIMAPRA19-P03-1 certification certificate. The CIMA CIMAPRA19-P03-1 certification covers: Assembling a financial statement Defining and explaining the role of accounting in a business Accessing and understanding financial statements Policy decisions in relation to accounting Auditing and audits of financial statements Deciding when to use which accounting methods Creating an audit plan for the organization Managing internal auditing staff conducting audits Prepare the annual report Preparing an annual report for external auditing company Making recommendations for developing internal controls Identifying fraud.

Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3

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