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CIMA CIMAPRA19-P03-1

CIMAPRA19-P03-1

Exam Code: CIMAPRA19-P03-1

Exam Name: CIMA Risk Management Exam

Updated: Sep 01, 2026

Q & A: 223 Questions and Answers

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About CIMA CIMAPRA19-P03-1 Exam

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.

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Certification Topics of CIMA CIMAPRA19-P03-1 Certification Exam

Our CIMA CIMAPRA19-P03-1 exam dumps covers the following objectives of CIMA CIMAPRA19-P03-1 Exam. The CIMA CIMAPRA19-P03-1 certification covers the following topics:

  • Economics for Managers (one day): 15%
  • Professional Practice Management: 85%
  • English Language Skills: 25%
  • Business Communication Skills: 45%
  • Decision Making and Problem Solving: 60%

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

For more info read reference:

CIMA CIMAPRA19-P03-1 Certification Reference

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

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

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