CIMA F1 Exam Information and Actual Questions

  • Exam Code/Number: F1
  • Exam Name/Title: Financial Reporting
  • Certification Provider: CIMA
  • Corresponding Certification: CIMA Certification
  • Exam Questions: 247
  • Updated On: Jun 15, 2026

F1
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CIMA
F1 Exam
Financial Reporting

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CIMA F1 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Financial Reporting
Exam Number:F1
Related Certifications:CIMA E1 Managing Finance in a Digital World
CIMA P1 Management Accounting
CIMA OCS Operational Case Study
Available Languages:English
Exam Duration:90 minutes
Exam Format:Computer-based objective test, Multiple choice, Multiple response, Fill-in-the-blank (number entry), Drag-and-drop
Real Exam Qty:60
Passing Score:Scaled score of 100 out of 150 (≈67%)
Sample Questions:CIMA F1 Sample Questions
Exam Way:Computer-based objective test available on demand at Pearson VUE test centres worldwide or online
Pre Condition:Completion of CIMA Certificate in Business Accounting (Cert BA) or equivalent foundational accounting qualification recommended
Official Syllabus URL:https://hub.cimaglobal.com/proqual/2019/operational/F1

CIMA F1 Exam Syllabus Topics:

SectionWeightObjectives
Managing Cash and Working Capital25%- Cash and working capital management
  • 1. Receivables, payables and inventory management
  • 2. Working capital cycle and liquidity ratios
Principles of Taxation20%- Taxation fundamentals
  • 1. Tax implications and issues affecting taxation
  • 2. Types of tax and direct tax principles
Regulatory Environment of Financial Reporting10%- Regulators and their role
  • 1. Corporate governance and ethical framework
  • 2. Role of IASB and IFRS Foundation
Financial Statements45%- Statement preparation and IFRS application
  • 1. Prepare statement of profit or loss and other comprehensive income
  • 2. Statement of changes in equity and cash flows
  • 3. Prepare statement of financial position

CIMA F1 (Financial Reporting) Exam is an essential stepping stone for anyone who wants to become a qualified financial expert. It is one of the exams that makes up the CIMA Professional Qualification, which is recognized globally as a leading qualification in the field of management accountancy. The F1 exam is designed to assess your ability to prepare, analyze, and interpret financial statements, and to help you develop the skills necessary to make informed business decisions.

The Chartered Institute of Management Accountants (CIMA) offers a range of certification exams to help individuals advance their careers in accounting and finance. One of these exams is the CIMA F1, which focuses on financial reporting. Financial Reporting certification is ideal for individuals who are seeking to develop their skills in financial reporting and analysis.

Upon passing the exam, candidates will be awarded the CIMA F1 certification, which is a valuable credential that demonstrates their expertise in financial reporting. It is recognized by employers around the world and can open up a wide range of career opportunities in the field of accounting and finance.



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