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Professional Competence
This section is a knowledge-based test which demands candidates to possess sufficient understanding of key accounting topics such as accounts, financial reporting, tax, statutory accounting principles and professionalism. Candidates must attempt the exam based on their prior knowledge. CIMA BA1 Certification Exam requires you to know: Candidates must also demonstrate their professional competence by answering four out of 14 questions correctly in this section. Depending on your prior accounting knowledge, you may cover the following syllabus for this section:
Financial Reporting
Candidates are required to demonstrate their financial reporting skills through examples and questions. This section will assess your ability to produce and understand financial statements, including working with non-routine information. This section can be split into two parts: one is the Financial Statements Section, Requirements for Conversion and Trading Entity, and the other is the Financial Reporting Section, Balance Sheet Standard, Income Statement Standard, Statement of Cash Flows Standard. Candidates will be required to answer nine out of 20 questions correctly in this section.
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How to pass CIMA BA1 Certification Exam?
CIMA BA1 Certification Exam only requires you to answer two-thirds of the questions correctly in each section. You cannot receive a special score or percentage for each section, and your final score will be the combined total of all three sections. You are expected to answer 140 out of 230 questions correctly in total. Candidates are able to resit for CIMA BA1 exam within two years with their membership number, if they wish to do so. If you are not satisfied with your examination result, you should contact CIMA immediately and ask for feedback on how to improve yourself further.
CIMA BA1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Macroeconomic and Institutional Context of Business | 25% | - Exchange rate systems and balance of payments - Monetary and fiscal policy - National income and economic activity - Economic growth, business cycles and price levels - International trade and globalisation |
| Informational Context of Business | 20% | - Probability and basic statistical techniques - Index numbers and time series analysis - Role of information technology and big data - Data types, sources and characteristics - Presentation and interpretation of business data |
| Microeconomic and Organisational Context of Business | 30% | - Demand, supply and market equilibrium - Price elasticity and revenue effects - Market structures and pricing behaviour - Market failure and government intervention - Business objectives and stakeholder influences |
| Financial Context of Business | 25% | - Simple and compound interest, annuities and perpetuities - Financial institutions and their roles - Interest rates and their impact on business - Time value of money and discounting - Functions and structure of financial markets |



