CIMAPRA19-F02-1

The main points of CIMA CIMAPRA19-F02-1 Exam are:

1. Strategic Planning
   • Understand the importance of strategic planning and how it can be used to achieve business objectives.
   • Identify the key elements of a strategic plan, including the mission statement, vision statement, goals, and objectives.
   • Develop a strategic plan that is aligned with the organization's overall goals and objectives.
2. Risk Management
   • Understand the importance of risk management and how it can be used to protect the organization from financial loss.
   • Identify the key elements of a risk management plan, including risk identification, risk assessment, risk mitigation, and risk monitoring.
   • Develop a risk management plan that is tailored to the specific needs of the organization.
3. Internal Controls
   • Understand the importance of internal controls and how they can be used to protect the organization from fraud, theft, and other financial crimes.
   • Identify the key elements of an internal control system, including control activities, monitoring, and reporting.
   • Develop an internal control system that is tailored to the specific needs of the organization.
4. Corporate Governance
   • Understand the importance of corporate governance and how it can be used to ensure that the organization is managed in a responsible and ethical manner.
   • Identify the key elements of a corporate governance framework, including the board of directors, the audit committee, and the internal audit function.
   • Develop a corporate governance framework that is tailored to the specific needs of the organization.
5. Performance Management
   • Understand the importance of performance management and how it can be used to improve the performance of the organization.
   • Identify the key elements of a performance management system, including performance goals, performance measures, and performance feedback.
   • Develop a performance management system that is tailored to the specific needs of the organization.
6. Conclusion
   • Summarize the key points of the exam and provide a few tips for studying and taking the exam.