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CIMA CIMAPRA19-P03-1: CIMA Risk Management is an exam that is designed for individuals who wish to gain knowledge and expertise in the field of risk management. CIMAPRA19-P03-1 exam is conducted by the Chartered Institute of Management Accountants (CIMA), which is a globally recognized professional body that offers training and certification in the field of management accounting.

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CIMA CIMAPRA19-P03-1: CIMA Risk Management Exam is an essential certification exam for individuals who want to demonstrate their expertise in managing risks in an organization. CIMAPRA19-P03-1 exam is designed to help professionals develop a comprehensive understanding of the key concepts, tools, and techniques related to risk management. CIMA Risk Management Exam certification will be highly beneficial for individuals who are working or want to work in risk management positions, financial planning, or consultancy.

The CIMA CIMAPRA19-P03-1 exam covers several topics related to risk management, including risk identification and assessment, risk measurement and evaluation, risk treatment strategies, and risk reporting and monitoring. It is designed to ensure that candidates have a thorough understanding of the various risk management frameworks, methodologies, and tools that organizations rely on to manage risks effectively.

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

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Internal Controls25%- Control monitoring and reporting
- Role of internal audit
- Control design and segregation of duties
- COSO Internal Control framework
Topic 2: Cyber Risk25%- Cyber controls and incident response
- Information security standards (ISO 27001)
- Cyber risk assessment and reporting
- Cyber threats and vulnerabilities
Topic 3: Strategic Risk25%- Stress testing and scenario analysis
- Reputational and compliance risk
- Governance and board responsibilities
- Financial risk and hedging techniques
Topic 4: Enterprise Risk25%- Risk registers and assurance mapping
- Risk appetite, tolerance and capacity
- ERM frameworks (COSO, ISO 31000)
- Sources and types of risk

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