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CIMA : Financial Reporting - F1

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Global Edulink


£79 inc VAT
Or £26.33/mo. for 3 months...
Study method
10 hours · Self-paced
Access to content
12 months
CIMA Diploma in Management Accounting
Professional certification What's this?
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students


Financial Reporting - F1

The ideal course for anyone interested in pursuing a career in management accountancy!

After successfully completing the E1 course in the digital world, you will gain a comprehensive overview of how reporting is performed in financial terms with this course Financial Reporting (F1). You will learn concepts and practices related to financial statements, principles of taxation, as well as the conceptual frameworks and regulatory environment under which these financial reporting operates.

As you go along your path for your CIMA qualification in diploma in Management Accounting this is not just another stop along the way, but acquisition of multitude of skills required for employment after the CIMA qualification.

With our 100% support and commitment to your studies we can guarantee without any hesitation that you will successfully get through this unit F1, in order to reach your ultimate goal of CIMA qualification easily. Your ultimate success is our success.


Sign up for this CIMA : Financial Reporting - F1 course, and get FREE access to the CPD accredited Business Ethics Diploma : LEVEL 3 Course

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CIMA Diploma in Management Accounting

Course media



  • What are the necessary regulations, who are regulators and how are they applied?
  • Learn how to apply basic financial statements by bringing in the elements.
  • Learn the different types of taxes, how to distinguish between them and issues affecting taxation.
  • Learn how to continue operations and understand if enough funds are coming in. Where can the funds be accessed and how can you determine which type of finance is appropriate


Chapter 1 - Regulatory Environment Of Financial Reporting

  • Regulatory Environment
  • Professional Ethics
  • Corporate Governance

Chapter 2 - Financial Statements

  • IASB Conceptual Framework
  • IAS 1 Presentation Of Financial Reporting
  • IAS 16 Property, Plant And Equipment
  • IAS 36 Impairment Of Assets
  • IFRS 5 Non-Current Assets Held For Sale And Discontinued Operations
  • IAS 10 Events After The Reporting Period
  • IAS 2 Inventories
  • IFRS 16 Leases
  • IAS 7 Statement Of Cash Flows

Chapter 3 - Principles Of Taxation

  • Taxation
  • Regulatory Environment And International Taxation

Chapter 4 - Managing Cash And Working Capital

  • Working Capital
  • Working Capital Management
  • Receivable Management
  • Problems Due To Failure In Working Capital Management

Syllabus Structure

  • Regulatory environment of financial reporting
  • Financial statements
  • Principles of taxation
  • Managing cash and working capital


This is an objective test. The objective test must be passed in order for learners to complete the syllabus module. Additionally, learners who wish to progress to the CIMA Operational Level qualification should also successfully pass this test.

The objective test must be passed before the learner books the case study exam.

Exam Details

This is an entry level finance exam that will allow the learner to demonstrate if they have acquired the relevant skills, techniques and knowledge to be displayed in that role. The exam will comprise of a computer-based objective test and 1 case study exam.

Objective Test

  • Format – Computer-Based
  • Duration – 90 Minutes
  • Results – Provisional results available followed by confirmation within 48 hours

(A score out of 150 is given, with 100 representing a Pass)

Operational level objective tests - GBP110 (Tier 1 per exam)

Please Note : Official Exam is not provided, It should be purchased separately

Please note that the prices are subject to change by the The Chartered Institute of Management Accountants (CIMA) at any given time. The above price mentioned per objective test are at the time of writing only. You may check with the official CIMA website for latest updates in prices.

Access Duration

You will have 12 Months access to your online study platform from the date you purchased the course. The course is self-paced so you decide how fast or slow the training goes. You can complete the course in stages revisiting the training at any time.


Upon the successful completion of the unit Financial Reporting - F1, learners can advance to the next unit of the Certificate in Business Accounting (CIMA Cert BA) Or If the learner has already completed other units, can apply to the final exam of Diploma in Management Accounting (CIMA Dip MA).

Who is this course for?

  • School leavers
  • Students or members of other professional bodies
  • Undergraduates and graduates
  • Anyone with an interest in pursuing a career in management accountancy


Learners must be over the age of 16 and have basic knowledge in Mathematics, ICT and English Language.

Career path

Upon completing this module syllabus, you will be one step closer to having a career in business and finance. This module does not give you direct access to gain employment, you have the opportunity to take the rest of the modules in the CIMA Operational Level Certificate. A career in management accounting is waiting for you, and will provide a clear path to progress in your desired employment.

Questions and answers

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Vivian asked:

Is this ciurse run by CIMA? Also, what are the exemptions after successfull pass


Dear Vivian, Thank you for your query. We would like to inform you that this course is accredited by CIMA-UK. With this qualification, you can advance to the next unit of the Certificate in Business Accounting (CIMA Cert BA) or, if you have already completed other units you are eligible to apply to the final exam for Diploma in Management Accounting (CIMA Dip MA). Hope this answers your concerns. Best regards, Learner Support Team, Global Edulink

This was helpful. Thank you for your feedback.
Wesley asked:

After completion of the CIMA E1 certificate, am I able to pay for the hard copy certificate, and how much is it


Dear Wesley, Thank you for your query. The CIMA Financial Reporting - F1 only covers one unit of the full programme. In order to receive the final printed certificate you have to complete the remaining units of the full course. Please feel free to contact if you have any further clarifications, we will be happy to assist. Regards, Student Support Team

This was helpful. Thank you for your feedback.


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