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Updated: Jul 14, 2026

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CIMA BA4 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Fundamentals of Ethics, Corporate Governance and Business Law (BA4)
Exam Number:BA4
Real Exam Qty:85 objective test questions
Certificate Validity Period:Indefinite (CIMA Certificate does not expire)
Exam Price:Approx. £70–£120 (varies by country/test center)
Exam Format:Computer-based Objective Test, Multiple Choice Questions
Exam Duration:120 minutes
Available Languages:English
Passing Score:50%
Related Certifications:CIMA Certificate in Business Accounting (Cert BA)
CIMA Operational Level (progression pathway)
Recommended Training:CIMA Study Hub (Official Learning)
Kaplan CIMA BA4 Study Materials
Exam Registration:Pearson VUE Exam Booking
CIMA Official Registration Portal
Sample Questions:CIMA BA4 Sample Questions
Exam Way:Computer-based exam delivered via Pearson VUE test centers or online proctoring (availability varies by region)
Pre Condition:No formal prerequisites. Part of CIMA Certificate in Business Accounting (entry-level qualification).
Official Syllabus URL:https://www.aicpa-cima.com/cima-certificate-in-business-accounting

CIMA BA4 Exam Syllabus Topics:

SectionWeightObjectives
Company Administration10%- Corporate legal administration
  • 1. Corporate compliance and filings
    • 2. Company formation and structure
      Corporate Governance, Controls and Corporate Social Responsibility45%- Internal controls and audit
      • 1. Risk management and control systems
        • 2. Internal audit and external audit roles
          - Corporate governance framework
          • 1. Role of boards and directors
            • 2. OECD principles and governance codes
              - Corporate social responsibility
              • 1. CSR principles and sustainability reporting
                Business Ethics and Ethical Conflict30%- Ethical principles and professional behaviour
                • 1. Nature of ethics and values in accounting
                  • 2. Ethical dilemmas and conflict resolution
                    • 3. Professional independence, objectivity, and integrity
                      General Principles of Legal System, Contract and Employment Law15%- Business law fundamentals
                      • 1. Employment law basics
                        • 2. Contract formation and enforcement
                          • 3. Legal systems and sources of law

                            CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

                            1. Which of the following statements is correct in relation to the civil law?

                            A) A breach of the civil law does not enable an injured party to claim compensation.
                            B) A person may be prosecuted for a breach of the civil law.
                            C) All civil cases commence in the County Court.
                            D) A tort is a civil wrong.


                            2. In the UK, the body responsible for reviewing the regulatory activities of the professional accountancy bodies is:

                            A) The International Federation of Accountants
                            B) The Financial Review Board
                            C) The Financial Reporting Council
                            D) The Professional Oversight Board for Accountancy


                            3. Which of the following is INCORRECT?

                            A) A company secretary is an officer and not an employee of the company
                            B) A company secretary may be dismissed by the board
                            C) A person may be appointed company secretary for life
                            D) A company secretary of a public company must be appropriately qualified


                            4. In relation to international regulations, which of the following is correct?
                            i. International regulations seek to establish common standards between professions practicing in different States so as to further international cooperation and agreement.
                            ii. International regulations agreed by the professional bodies of different States have the force of international law.
                            iii. International regulations which harmonies standards and procedures may be incorporated into contracts by commerce and the professions.

                            A) (i), (ii) and (iii)
                            B) (i) only
                            C) (i) and (iii) only
                            D) (i) and (ii) only


                            5. Which of the following is entitled to initiate court action on behalf of a company?
                            (i) The board.
                            (ii) The majority shareholders.
                            (iii) All the shareholders.

                            A) (i) or (ii) only
                            B) (i) or (iii) only
                            C) (i) only
                            D) (i), (ii) or (iii)


                            Solutions:

                            Question # 1
                            Answer: D
                            Question # 2
                            Answer: D
                            Question # 3
                            Answer: A
                            Question # 4
                            Answer: C
                            Question # 5
                            Answer: C

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