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CIMA E1 Exam Overview:
| Certification Vendor: | CIMA (AICPA & CIMA) |
| Exam Name: | Managing Finance in a Digital World |
| Exam Number: | E1 |
| Certificate Validity Period: | Indefinite (subject to CIMA membership & annual CPD compliance) |
| Available Languages: | English |
| Related Certifications: | P1 Management Accounting F1 Financial Reporting Operational Case Study Exam CIMA Advanced Diploma in Management Accounting CIMA Strategic Level CGMA Designation |
| Passing Score: | 100/150 (scaled score, approx. 67%) |
| Exam Price: | Varies by region: approx. £120–£195 / $150–$240 / €140–€220 |
| Real Exam Qty: | 60 |
| Exam Duration: | 90 minutes |
| Exam Format: | Computer-based objective test, Multiple choice, Multiple response, Number entry, Drag-and-drop |
| Recommended Training: | Kaplan Learning Astranti CIMA Official Study Materials |
| Exam Registration: | Pearson VUE Booking CIMA Official Registration |
| Sample Questions: | CIMA E1 Sample Questions |
| Exam Way: | Onsite at Pearson VUE test centres worldwide or online via remote proctoring; available on demand year-round |
| Pre Condition: | CIMA Certificate in Business Accounting recommended; direct entry available with relevant degree or professional qualification (e.g. AAT, ACCA, ACA); active CIMA student registration required |
| Official Syllabus URL: | https://www.cimaglobal.com/Study-and-Exams/Operational-Level/E1-Managing-Finance-in-a-Digital-World/ |
CIMA E1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Technology in a Digital World | 20% | - Impact of technology on finance processes - Emerging technologies and risks - Digital transformation and adoption - Digital technologies: cloud, AI, automation, analytics |
| Role of the Finance Function | 20% | - Decision support and business partnering - Evolution of the finance function - Purpose and value creation - Stewardship, governance and ethics |
| Data and Information in a Digital World | 20% | - Security, privacy and compliance - Information systems and reporting - Data characteristics, quality and governance - Data analysis and interpretation |
| Shape and Structure of the Finance Function | 20% | - Organisational structures and models - Centralised vs decentralised finance - Shared services and outsourcing - Roles, skills and competencies |
| Finance Interacting with the Organisation | 20% | - Communication and influencing skills - Supporting functional and strategic goals - Relationship with operations, sales and HR - Cross-functional collaboration |
CIMA Managing Finance in a Digital World Sample Questions:
1. A high volume operation is likely to be characterised by which of the following?
A) High labour pay rates
B) High labour flexibility
C) High capital intensity
D) High cost inputs
2. Which of the following is one of the five key areas of an effective approach to corporate digital responsibility (CDS)?
A) Digital protection
B) Digital mindset
C) Digital stewardship
D Digital sustainability
3. N is working on a project management team for the first time and is aware that there are distinct stages that follow on consecutively in the project management process However, N is unsure of the exact order of these stages Which of the following indicate the project management stages in the correct order?
A) Planning initiation, executing, controlling, review and close
B) Planning, initiation, controlling, executing, review and close
C) Initiation. planning, controlling, executing, review and close
D) Initiation, planning, executing, controlling, review and close.
4. The secondary objectives of a not-for-profit organisation are economy, efficiency and effectiveness.
Which of the following gives the correct description of each of these?
A) Economy: Controlling costs.
Efficiency: A measure of achievement by reference to objectives.
Effectiveness: Achieving objectives at minimum cost.
B) Economy: Achieving objectives at minimum cost.
Efficiency: Controlling costs.
Effectiveness A measure of achievement by reference to objectives
C) Economy: Controlling costs.
Efficiency: Achieving objectives at minimum cost
Effectiveness A measure of achievement by reference to objectives
D) Economy Achieving objectives at minimum cost
Efficiency: A measure of achievement by reference to objectives
Effectiveness Controlling costs.
5. Clear career promotion and progression ladders are most obvious under which type of organisational structure?
A) Virtual
B) Vertical
C) Networked
D) Horizontal
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
By Maurice
