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CIMA CIMAPRA19-P03-1 pass test : CIMA Risk Management Exam

CIMAPRA19-P03-1 actual test
  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
  • Updated: Sep 01, 2026
  • Q & A: 223 Questions and Answers
  • PDF Demo
  • PC Test Engine
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  • Total Price: $59.99  

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Enlist of Registration procedure of CIMA CIMAPRA19-P03-1 Certification Exam

When you order your CIMA CIMAPRA19-P03-1 certification exam, you must submit four forms of payment in addition to the cost of the exam. All forms of payment must be made by check, money order or wire transfer.

  • One form of payment should be for a letter from your employer stating that you have at least two years experience as a financial manager or auditor in an organization with an annual turnover exceeding 5 million USD.
  • A photo identification document such as a passport or driving license, and also proof of residency (a utility bill, lease agreement, etc.)
  • A photocopy of the postgraduate degree certificate that you received from your university.
  • A letter from one of your professors confirming that you are in good academic standing in the course, and also that you have demonstrated adequate command over English language and professional skills.

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.

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

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.

CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

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

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