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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Shape and Structure of the Finance Function | 20% | - Organisational structures and models - Roles, skills and competencies - Shared services and outsourcing - Centralised vs decentralised finance |
| Topic 2: Role of the Finance Function | 20% | - Evolution of the finance function - Purpose and value creation - Decision support and business partnering - Stewardship, governance and ethics |
| Topic 3: Finance Interacting with the Organisation | 20% | - Cross-functional collaboration - Communication and influencing skills - Supporting functional and strategic goals - Relationship with operations, sales and HR |
| Topic 4: Technology in a Digital World | 20% | - Digital technologies: cloud, AI, automation, analytics - Emerging technologies and risks - Digital transformation and adoption - Impact of technology on finance processes |
| Topic 5: Data and Information in a Digital World | 20% | - Data characteristics, quality and governance - Data analysis and interpretation - Security, privacy and compliance - Information systems and reporting |
CIMA Managing Finance in a Digital World Sample Questions:
Question 1
Which TWO of the following relate to corporate social responsibility (CSR) rather than corporate governance?
A. Strong accountability through a board of directors
B. Eliminating discrimination in company advertising
C. Independently determined remuneration based on clear criteria
D. Safeguarding against decision making being dominated by one person
E. Achievment of high levels of degradable packaging
Question 2
A decision has been made to close down a branch of a restaurant.
Which of the following is quantitative information produced by the finance function that will have supported this decision being made?
A. A costing of the total redundancy payments that will need to be made.
B. A map showing the locations of the suppliers.
C. A listing showing the number of employees who will lose their jobs.
D. A graph showing declining profitability of the branch.
Question 3
XY Company manufactures in a highly competitive environment and achieves competitive advantage by regularly monitoring all the activities in its value chain. Which of the following would be affected by problems in the outbound logistics function?
A. Storing raw material
B. Dealing with customer enquiries
C. Distributing finished goods
D. Increasing customer awareness
Question 4
Which of the following is a cost of information?
A. Improving system design
B. Improving pricing strategies
C. Improving product design
D. Improving marketing strategies
Question 5
Which of the following would be within the role of an operational line manager?
Select ALL that apply.
A. Interviewing potential new recruits
B. Conducting appraisals with staff
C. Deciding on strategic objectives
D. Carrying out psychometric testing
Solutions:
| Question 1 Answer: B,E | Question 2 Answer: D | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: A,B |
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