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CIMA BA4 exam consists of 60 multiple-choice questions that are to be answered within two hours. BA4 exam is divided into two sections: section A, which covers corporate governance, and section B, which covers business law. The corporate governance section covers topics such as the role of the board of directors, the importance of transparency and accountability, and the role of internal and external auditors. The business law section, on the other hand, covers topics such as contract law, employment law, and company law.
The CIMA BA4 exam covers a wide range of topics, including the principles of corporate governance, the legal aspects of business, and the ethical considerations that businesses must take into account. It also covers the role of professional accountants in upholding ethical standards and ensuring compliance with the law.
CIMA BA4 (Fundamentals of Ethics - Corporate Governance and Business Law) Certification Exam is an essential certification for those who want to pursue a career in finance or accounting. BA4 exam focuses on the knowledge and skills required to understand the ethical and legal aspects of corporate governance, financial reporting, and business law. It is designed to equip professionals with the knowledge and tools needed to navigate complex ethical and legal issues in the corporate world.
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The CIMA BA4 exam covers a range of topics, including the principles of corporate governance, the legal framework of corporate governance, the role of the board of directors, and the responsibilities of senior management. It also covers business law topics such as contract law, company law, and employment law. These topics are essential for professionals who work in finance and accounting, as they play a crucial role in ensuring that businesses operate effectively and ethically.
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CIMA BA4 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| General Principles of the Legal System, Contract and Employment Law | 15% | - Employment law, rights and obligations - Terms, breach and remedies of contract - Structure and sources of law - Essential elements of a valid contract |
| Company Administration | 10% | - Corporate insolvency and administration - Types of business organizations - Formation and constitution of companies - Company financing and capital |
| Corporate Governance, Controls and Corporate Social Responsibility | 45% | - External audit and assurance - Corporate social responsibility and sustainability - Internal control and risk management - Roles and responsibilities of directors and officers - Principles and frameworks of corporate governance |
| Business Ethics and Ethical Conflict | 30% | - CIMA Code of Ethics and professional values - Ethics vs law and regulation - Identification and resolution of ethical dilemmas - Concepts of ethics and business ethics |
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