CIMA F3 Financial Strategy : CIMAPRA19-F03-1

CIMAPRA19-F03-1 real exams

Exam Code: CIMAPRA19-F03-1

Exam Name: F3 Financial Strategy

Updated: Aug 24, 2026

Q & A: 435 Questions and Answers

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About CIMA CIMAPRA19-F03-1 Exam

CIMA F3 certification exam is ideal for individuals who want to develop their careers in finance and accounting. F3 Financial Strategy certification is recognized globally and is highly respected in the finance industry. CIMAPRA19-F03-1 exam is designed to test a candidate's ability to analyze complex financial information, identify financial risks and opportunities, and develop strategies to manage these risks and capitalize on these opportunities. Passing the CIMA F3 certification exam demonstrates a candidate's expertise in financial strategy and their ability to add value to their organization.

CIMA F3 exam, also known as the Financial Strategy exam, is an essential certification for individuals who want to pursue a career in finance. CIMAPRA19-F03-1 exam is designed to test the candidate's knowledge of finance and strategic management in a business context. The successful completion of CIMAPRA19-F03-1 exam is a significant milestone for individuals who aspire to become Chartered Global Management Accountants.

CIMA CIMAPRA19-F03-1 exam is open to individuals who have completed the CIMA Professional Qualification or have an equivalent qualification. CIMAPRA19-F03-1 exam is designed to test the candidate's ability to apply financial theories and principles in a practical business setting. CIMAPRA19-F03-1 exam tests the candidate's ability to analyze and interpret financial data, evaluate financial risks, and develop effective financial strategies.

CIMA F3 (F3 Financial Strategy) Certification Exam is an advanced-level exam that is designed for finance professionals who want to develop their knowledge and skills in financial strategy. CIMAPRA19-F03-1 exam is offered by the Chartered Institute of Management Accountants (CIMA), a globally recognized professional body that provides training and certification in management accounting.

Reference: https://planner.cimaglobal.com/proqual/2019/strategic/F3

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CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Financial Policy Decisions15%- Strategic financial objectives and stakeholder impact
  • 1. Financial objective setting
  • 2. ESG and ethical influences
  • 3. Taxation and regulatory framework
- Interaction between investment, financing and dividend decisions
Financial Risks20%- Risk measurement and assessment
  • 1. Value-at-Risk, sensitivity analysis
- Risk reporting and governance
- Risk management techniques
  • 1. Hedging strategies
  • 2. Derivatives: futures, forwards, swaps, options
- Types of financial risk
  • 1. Interest rate risk
  • 2. Credit and liquidity risk
  • 3. Foreign exchange risk
Sources of Long-term Funds25%- Dividend policy and distribution strategies
- Capital structure theories and WACC
  • 1. Modigliani-Miller propositions
  • 2. Cost of capital calculation
- Debt finance
  • 1. Leasing and sale-and-leaseback
  • 2. Bonds, loans, convertible instruments
- Equity finance
  • 1. Ordinary shares, preference shares, rights issues
  • 2. Flotation and listing methods
Business Valuation40%- Mergers, acquisitions and divestments
  • 1. Financing and post-deal integration
  • 2. Valuation of target companies
- Investment appraisal
  • 1. Adjusted present value (APV)
  • 2. NPV, IRR, payback, discounted payback
- Valuation methods
  • 1. Discounted cash flow (DCF)
  • 2. Asset-based valuation
  • 3. Relative valuation: P/E, EV/EBITDA
- Impairment testing and value management

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