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CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Technology in a Digital World | 20% | - Digital transformation and adoption - Emerging technologies and risks - Digital technologies: cloud, AI, automation, analytics - Impact of technology on finance processes |
| Topic 2: Shape and Structure of the Finance Function | 20% | - Roles, skills and competencies - Organisational structures and models - Shared services and outsourcing - Centralised vs decentralised finance |
| Topic 3: Data and Information in a Digital World | 20% | - Security, privacy and compliance - Data characteristics, quality and governance - Information systems and reporting - Data analysis and interpretation |
| Topic 4: Finance Interacting with the Organisation | 20% | - Cross-functional collaboration - Supporting functional and strategic goals - Relationship with operations, sales and HR - Communication and influencing skills |
| Topic 5: Role of the Finance Function | 20% | - Purpose and value creation - Decision support and business partnering - Evolution of the finance function - Stewardship, governance and ethics |
CIMA Managing Finance in a Digital World Sample Questions:
1. Which of the following is NOT a feature of a strategic level information system?
A) It helps middle managers to monitor and control.
B) It handles information which is valid for the whole organisation.
C) It has high levels of uncertainty and subjectivity.
D) It has a long term focus.
2. More and more organisations are developing their supply chain networks by building closer links with suppliers. Which THREE of the following are considered to be features of this trend?
A) Price and inventory co-ordination
B) In-house resolution of design problems
C) Supplier representative on site
D) Early supplier involvement
E) Computer systems linked to customers
3. H works in an organisation that supplies advertising space in prominent areas in inner cities. She frequently works at client premises with limited time spent at the office headquarters. H's colleagues also work in the same manner and the organisation has reduced office space as most employees are not in the office all at the same time. Instead, a bank of work stations are provided for sales staff with telephones and internet connections. Which of the following working arrangements is described above as being provided by the organisation?
A) Remote working
B) Hot desking
C) Job sharing
D) Teleworking
4. In which THREE of the following situations is Cloud a sensible IT strategy?
A) Unreliable internet access
B) Frequent software changes
C) High in-house IT skills
D) High impact if data is lost
E) Need to reduce up front costs
F) Bespoke software
5. A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?
A) Acquisition
B) Maintenance
C) Development
D) Separation
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,C,D | Question # 3 Answer: B | Question # 4 Answer: B,D,E | Question # 5 Answer: C |
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