CIMA Risk Management : CIMAPRA19-P03-1

  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
  • Updated: Aug 22, 2026
  • Q & A: 223 Questions and Answers

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About CIMA CIMAPRA19-P03-1 Exam

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CIMA CIMAPRA19-P03-1 Certification Reference

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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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What is the CIMA Level, and how to earn a CIMA Level I-IV?

The purpose of the CIMA levels is to indicate the level of your knowledge, skills and abilities in management accounting. The levels are:

  • CIMA Level 1: For those who have acquired at least 60% of what they need to know, but do not yet possess the knowledge and skills necessary to work as a full-time member. These individuals can still be very useful in organizations, as accounting managers or research assistants. They also gain a greater understanding of boundaries and can advise others on matters that are beyond their level.
  • CIMA Level 2: For those who have acquired at least 80% of what they need to know, but do not yet possess the knowledge and skills necessary to work as a full-time member. These individuals can still be very useful in organizations, as accounting managers or research assistants. They also gain a greater understanding of boundaries and can advise others on matters that are beyond their level.
  • CIMA Level 3: For those who have acquired at least 90% of what they need to know, but do not yet possess the knowledge and skills necessary to work as a full-time member.

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CIMAPRA19-P03-1 exam dumps

Who can take CIMA CIMAPRA19-P03-1 Certification Exam?

The exam is administered by leading accounting firms across the globe. The exam is available only to those who meet certain requirements. In general, if you hold a bachelor's or master's degree from an accredited college, university or school with a minimum of two years of relevant work experience in financial management or auditing, your CIMA CIMAPRA19-P03-1 certification exam will be accepted. If a candidate has knowledge and skills that are required to pass CIMA CIMAPRA19-P03-1 Certified Trust and Financial Advisor CTFA Exam and fully prepared with CIMA CIMAPRA19-P03-1 Dumps then he should take this CIMA CIMAPRA19-P03-1 CTFA exam. In addition to meeting requirements for college education and work history, applicants must take the exam in the language of their choice. Applicants who do not meet these requirements may still apply to take the exam, but they will not receive an original certification.

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Cyber Risk25%- Cyber Controls
  • 1. Incident response planning
    • 2. Access control and authentication
      - Cyber Threats
      • 1. System vulnerabilities
        • 2. Data breaches and hacking risks
          Enterprise Risk25%- Risk Identification
          • 1. Risk classification across the organization
            • 2. Internal and external risk sources
              - Risk Response
              • 1. Mitigation strategies
                • 2. Risk transfer and avoidance
                  - Risk Assessment
                  • 1. Likelihood and impact analysis
                    • 2. Risk prioritization techniques
                      Strategic Risk25%- External Environment Risk
                      • 1. Economic and reputational risk
                        • 2. Political and regulatory risk
                          - Strategic Decision Risk
                          • 1. Market entry and expansion risk
                            • 2. Competitive positioning risk
                              Internal Controls25%- Control Evaluation
                              • 1. Effectiveness assessment
                                • 2. Control failure and remediation
                                  - Control Systems
                                  • 1. Design of internal controls
                                    • 2. Preventive and detective controls

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