CIMA CIMAPRA19-P03-1 Q&A - in .pdf

  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
  • Updated: Aug 16, 2026
  • Q & A: 223 Questions and Answers
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CIMA CIMAPRA19-P03-1 Q&A - Testing Engine

  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
  • Updated: Aug 16, 2026
  • Q & A: 223 Questions and Answers
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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.

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

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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%

Certification Path of CIMA CIMAPRA19-P03-1 Certification Exam

The CIMA CIMAPRA19-P03-1 certification is conferred by the Chartered Institute of Management Accountants, which is the highest standard globally. In order to receive your certificate, you must first pass each section of the exam by receiving a cumulative score of 70% or better. Once you have passed all four sections, you need to submit a copy of your official transcript from an accredited college or university. You will also need to submit your transcripts and a letter from your employer stating that you have at least 2 years of work experience as a financial manager or auditor, depending on which exam section you have taken. You should then wait 1-3 weeks for approval before receiving your certificate and pins via mail.

CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: Internal Controls25%- Role of internal audit
- Control design and segregation of duties
- COSO Internal Control framework
- Control monitoring and reporting
Topic 2: Strategic Risk25%- Stress testing and scenario analysis
- Governance and board responsibilities
- Reputational and compliance risk
- Financial risk and hedging techniques
Topic 3: Cyber Risk25%- Cyber risk assessment and reporting
- Cyber threats and vulnerabilities
- Information security standards (ISO 27001)
- Cyber controls and incident response
Topic 4: Enterprise Risk25%- Sources and types of risk
- ERM frameworks (COSO, ISO 31000)
- Risk registers and assurance mapping
- Risk appetite, tolerance and capacity

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