CIMA BA4 - Fundamentals of Business Law


  • Product Code: ba4
  • Exam Questions: 507
  • Vendor: cima

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  • Updated At: Nov 14, 2024
CIMA BA4 - Fundamentals of Business Law

This certification is designed to verify the fundamental knowledge and understanding of business law among management accountants.

Focus

The CIMA BA4 - Fundamentals of Business Law certification focuses on Business law

Exam Duration

The CIMA BA4 - Fundamentals of Business Law exam duration is 2 hours

Num of Question

The exam contains a total of 60 multiple-choice questions

Exam Fee

The exam fee is See official CIMA website for pricing.

Exam Validity

The CCRN-Pediatric certification is valid for Active for 3 years.

Prior Certification
  • BA1, BA2, and BA3 must be passed prior to taking BA4
Exam Format

The CIMA BA4 - Fundamentals of Business Law exam is a Online proctored or in-person proctoring

Passing Conditions

To pass CIMA BA4 - Fundamentals of Business Law exam, applicants must achieve a minimum score of Pass with at least 60% or more of the marks in all sections of the exam.

Who Should Take

Chartered management accountants in training and working accounting professionals

  • Management Accountants
  • Chartered Accountants
  • Financial Analysts
Prerequisites

None required, but recommendation of prior knowledge

Or can substitute with certifications:

  • BA1, BA2, and BA3 are the prerequisites for BA4, and individuals can substitute BA1 with knowledge gained through CIMA"s Entry Level Certificate in Accounting
  • Other professional qualifications can be considered, follow the relevant CIMA regulations for BA4
Certification Process
  • Register for the certification exam through the official CIMA website.
  • Complete and achieve a passing score of at least 60% on the BA4 exam.
  • Maintain the certification through ongoing continuing professional development (CPD) to keep it active.
Domains with Weights
  • Compliance with Business Law (30%): This domain includes laws and regulations surrounding contracts, employment, intellectual property, and competition. It also assesses an understanding of company and business law, including aspects of business ethics and finance.
  • Ownership and Control of Business Enterprises (20%): This domain includes property law including land and buildings, the concept of ownership, intellectual law, and the law of tort.
  • Business Organisations and Bodies Corporate (25%): This domain includes factors that effect business bodies, including partnerships, Limited liability companies, foreign currency law etc.
  • Insolvency, Liquidation and Bankruptcy (25%): This domain includes aspects surrounding the collapse of business enterprise, personal insolvency etc.

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