CIMA F2 - Advanced Financial Reporting
- Product Code: f2
- Exam Questions: 208
- Vendor: cima
$9.99
$12.99- Updated At: Nov 14, 2024
CIMA F2 - Advanced Financial Reporting
CIMA (Chartered Institute of Management Accountants) F2 exam is part of the CIMA Certificate Level course, focusing on advanced financial reporting for managers operating within an organization.
Focus
The CIMA F2 - Advanced Financial Reporting certification focuses on Financial Reporting
Exam Duration
The CIMA F2 - Advanced Financial Reporting exam duration is 2 hours
Num of Question
The exam contains a total of 100 questions
Exam Fee
The exam fee is Currently £130 (Registration) and £75 (Resit Fee).
Exam Validity
The CCRN-Pediatric certification is valid for Lifetime validity.
Prior Certification
- CIMA Certificate Level course
Exam Format
The CIMA F2 - Advanced Financial Reporting exam is a Computer-based exam
Passing Conditions
To pass CIMA F2 - Advanced Financial Reporting exam, applicants must achieve a minimum score of 50% pass mark
Who Should Take
Financial managers, management accountants, financial analysts, and industry professionals
- Financial Manager
- Management Accountant
- Financial Analyst
Prerequisites
No formal experience is required for this level of the CIMA Certificate, but most candidates hold a qualification in accounting and are either currently working as a financial manager or aspire to work at that level.
Or can substitute with certifications:
- ACCA Certificate in Accounting
Certification Process
- Register for the exam on the CIMA website
- Make sure you meet the eligibility requirements
- Prepare for the exam using CIMA study materials
- Sit the exam in a CIMA-approved Test Centre
- Achieve a pass or fail result, with a pass mark of 50%
Domains with Weights
- Standard-setting (20% (of the exam)): The setting of accounting standards; GAAP and IFRS; recognition and measurement; the role of the Company Reporting Regime and FRC.
- Financial Reporting Theory (20% (of the exam)): Theory of financial reporting; reporting entities; financial statements; and statement analysis.
- Financial Reporting Accounts (20% (of the exam)): Financial reporting accounts for non-current assets, provisions and contingent liabilities, revenue, expenses and turnover, and employees.
- Financial Statement Analysis (20% (of the exam)): Ratio analysis; trend analysis; and EVA analysis.
- Audit and Accountancy (20% (of the exam)): Audit and accountancy approaches and methods; review of an internal audit framework; and an explanation of professional auditing standards.
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