CIMA CIMAPRA19-P03-1 : CIMA Risk Management Exam

Prerequisites of CIMA CIMAPRA19-P03-1 Certification Exam

In order to take the CIMA CIMAPRA19-P03-1 certification exam, students must meet all the following requirements:

• Masters Degree in finance or accounting with a GPA of at least 2.75
• Minimum three years of relevant work experience as a financial manager or auditor
• To complete the Postgraduate Business Course (PGBC), you must have knowledge of English and be able to communicate effectively on a professional level in this language
• To complete the Professional Practice Management course (PPBC), you must have knowledge of English and be able to communicate effectively on a professional level in this language
• To take the exam, you must have received a minimum grade of 70% in each of the four exam sections: Corporate Finance and Accounting, Auditing, Management Control and Risk Management and Economics for Managers
• The exam can only be taken once per person in one sitting period. It is taken twice annually within six months of one another
• To receive your certification by CIMA CIMAPRA19-P03-1 examination, you must pass each exam section with a minimum score of 70%

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

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.

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

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