CIMA E1 · Operational Level
D. Shape and structure of the finance function
This syllabus section examines the shape and structure of modern finance functions, including centralised and decentralised models, business partnering approaches, shared services, and outsourcing strategies. You will explore how structural and organisational choices impact strategic financial management and overall organisational effectiveness.
- 14 lessons
- 2 modules
- 2.0h of video
- ~20% of the exam
What you'll learn
By the end of D. Shape and structure of the finance function.
- Explain Mintzberg's organisational structure framework and its application to finance function design
- Describe traditional and contemporary organisational structures within finance functions
- Identify the characteristics and benefits of centralised, decentralised, and hybrid finance models
- Analyse the impact of business partnering, shared services, and outsourcing on finance function effectiveness
- Evaluate how different finance function structures support strategic decision-making and organisational objectives
- Apply structural models to assess the efficiency and alignment of finance operations with business strategy
The lessons
14 lessons, module by module.
Structure and shape of the finance function
7 lessons- 1 Mintzberg's organisational structure - part 1 9m
- 2 Mintzberg's organisational structure - part 2 7m
- 3 Traditional organisational structures 13m
- 4 Contemporary organisational structures 7m
- 5 Scalar chain and span of control 6m
- 6 The impact of automation on shape and structure of finance 13m
- 7 Other developments in the finance function 11m
The operating levels of the finance function
7 lessons- 1 Operating levels of the finance function - introduction 5m
- 2 Financial operations and insight - part 1 6m
- 3 Financial operations and insight - part 2 9m
- 4 Financial operations and insight - part 3 11m
- 5 Financial operations and insight - part 4 8m
- 6 Specialist finance areas and their role 9m
- 7 Strategic partnering and leadership 8m
Questions
About D. Shape and structure of the finance function.
What does the 'Shape and structure of the finance function' section cover?
This section covers the design and organisation of modern finance functions, including Mintzberg's structural framework, centralised and decentralised models, business partnering approaches, shared services, and outsourcing strategies. It examines how these structural choices impact financial management effectiveness, operational efficiency, and strategic alignment within organisations.
Is this section important for the E1 exam?
Yes, this section is essential for the CIMA E1 Operational Level exam. Understanding finance function structure, organisational models, and operational design is a core competency tested throughout the qualification. Mastery of these concepts is critical for answering questions on organisational effectiveness and strategic finance function positioning.
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