Operational Level

F1 Objective Test

  • 10 hours of on-demand video lectures by a subject expert
  • 500+ post-chapter CIMA-grade practice questions
  • 5 Mock Exams of 60 questions each
  • Downloadable course notes covering the entire syllabus
The course is on-demand. Access lasts 6 months from the purchase date.
what will you be learning?

Course Syllabus

Who the regulators are, what they do and why and how regulations are applied.

How to prepare basic financial statements using financial reporting standards.

How to distinguish between types of taxes, calculate corporation taxes and issues affecting taxation.

What tools are used to ensure that the organisation has enough cash to ensure its continuing operations.

Pre-course work
1.5 hours of tuition
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Objective Test Success
ELITE COURSE ONLY
This introductory set of videos gets you oriented before digging into the specifics of F1. You will learn about where this subject fits into the overall CIMA syllabus, what the format of the Objective Test exam is, how best to prepare, and the optimal technique on exam day.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
F1 Overview Videos
ELITE COURSE ONLY
We now move into the meat of the subject, and these video lectures will be your first contact with the content. A handy overview of the content of F1 Financial Reporting, you’ll get a general sense of what’s included in each content area - from the regulatory environment, through financial statements, to principles of taxation and managing cash and working capital cycle.
Week 1
2 hours of tuition
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Regulatory Environment and Corporate Governance
Here you will gain a foundational understanding of who the major regulators are, what they do, why they regulate financial reporting, as well as how the board executes corporate governance and the relationship between corporate governance and financial stewardship. Then once you’ve covered the content in the video lessons, you’ll get to test your retention with 48 exam-grade practice questions on our online exam simulator.
Week 2
10 hours of tuition
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
The Conceptual Framework
This chapter will reveal the essential elements of financial statements, including the key principles contained within the IASB’s Conceptual Framework for Financial Reporting. By the end of the chapter, you will understand what goes into financial statements prepared in accordance with IASB’s Conceptual Framework. Then it’s time to test yourself with 35 challenging exam-style questions.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Non-current Assets
Now we get into the specific application of IFRS standards, starting with non-current assets. By the end of this chapter you will know how to apply the recognition (and derecognition), initial measurement, and subsequent measurement principles for non-current assets in the financial statements. Consolidate your learning with 27 exam questions at the end of the chapter.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Leases
Next up is “leases”. Again, we’re learning how to apply the IFRS standards for leases, executing the recognition, initial measurement, and subsequent measurement principles in the financial statements of the lessee (excluding sale and leaseback and remeasurement of lease liabilities). This chapter includes another 27 exam standard practice questions.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Other Accounting Standards
In this chapter we’re introducing a range of other accounting standards, including impairment, non-current assets, inventory and events after the reporting period. Another 37 challenging questions await you to ensure you’ve taken it all in.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Presentation of Published Financial Statements
A crucial component of F1, here we take you through the preparation of extracts from the primary financial statements for an individual entity in accordance with IFRS, including the statement of financial position, the statement of profit or loss and other comprehensive income, the statement of changes in equity, and the statement of cash flows (indirect method). As always, you get to confirm your understanding with 43 exam questions.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Statement of Cash Flows
This chapter homes in on IAS7 Statement of Cash Flows, taking in proforma statements of cash flows and foundational definitions. Assure your understanding with 45 CIMA-grade questions.
Week 3
4.5 hours of tuition
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
General Principles of Taxation
Here you’ll get a firm grounding in the essentials of taxation, exploring key concepts such as the sources of tax rules, tax evasion vs tax avoidance, tax terminology, and more. Once you work through the video lectures, test yourself with 31 exam-grade questions.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Direct Taxation
In this chapter, you’ll master the details of corporate income tax, capital gains tax, tax losses, employee taxation and more. There is another comprehensive end of chapter exam to consolidate your learning.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
International and Indirect Tax
We now move onto issues surrounding international and indirect tax, looking in particular at residence, remittances from subsidiaries, double taxation, transfer pricing and sales tax.Top it off by acing the 59 end of chapter exam-grade questions.
Week 4
4.5 hours of tuition
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Working Capital and the Operating Cycle
Shifting gears now and looking at issues pertaining to cash management and working capital. In this set of video lectures you’ll be walked through working capital ratios, liquidity ratios, risks and the financing of working capital.Another challenging set of 29 test questions awaits you.
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Receivables, Payables and Inventory
In the penultimate chapter of the course, you’ll be learning about a variety of issues pertaining to receivables, payables and inventory - from settlement discounts to trade credit to the economic order quantity (EOQ) model. Once you’ve worked through these concise yet comprehensive lectures, you guessed it… 37 more CIMA-grade practice questions!
GMT
On-demand
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Managing Cash
In the final chapter of the course, you’ll learn all about effective cash management. You’ll come away understanding the meaning of holding cash, cash budgets, short-term finance and the investment of cash surpluses. Round out your learning with the final set of 49 post-chapter test questions.
Week 5
7.5 hours of tuition
GMT
Mock Exam
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Mock Exam 1
Now’s your chance to prove yourself, by taking VIVA’s CIMA-grade mock exams in our online exam simulator. As in the real-life F1 exam, you’ll have 90 minutes to answer 60 questions.
GMT
Mock Exam
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Mock Exam 2
Our second set of 60 exam-style questions replicating the real exam scenario.
GMT
Mock Exam
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Mock Exam 3
Your third mock exam of unique, CIMA-grade questions.
GMT
Mock Exam
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Mock Exam 4
Having completed three full mock exams of unique questions, you should now be feeling close to ready for the real-life equivalent. But just to keep you on your toes, we’ve included two more mock exams - this time compiled from a selection of end-of-chapter questions from the core materials.
GMT
Mock Exam
self-paced
On-Demand
self-paced
On-Demand
ELITE COURSE ONLY
Mock Exam 5
The 5th and final full mock exam - once you’ve completed this, you stand ready to nail that real-life CIMA exam!
Week 6
No items found.
Week 7
No items found.
Week 8
No items found.

Hotspot sessions

As well as access to over 10 hours of on-demand video lectures covering the core syllabus, you will find bonus "Hotspot Sessions". For those particularly trick subject areas, your tutor offers a deeper dive to ensure understanding.

  • Complex topics are broken down into plain English
  • All hotspot topics are explained with concrete examples
  • Walkthroughs of exam-style questions to ensure full comprehension

Live webinars

Tap into your course tutor’s deep expertise by asking questions & getting answers immediately. From pre-seen analyses to mid-course check-ins, our live sessions cover a range of topics and student needs. And if you miss a session, you can always watch the replay.

  • Interact with your CIMA tutors during Q&A segments
  • Never miss a session with full replay access
  • Mock writing guidance, theory applied sessions, and more.

Personalisation and learning analytics

Our course design is based on the latest science of learning. Part of optimal study is ensuring that you have the data and control that you need to shape the resources to your needs. VIVA does just that.

  • Data dashboard to track your course progress and average scores
  • Control video playback - slow down or speed up as you require
  • Progress tracker ensures you know where you last stopped studying

Online exam simulator

Not only to do you get 500+ CIMA-grade practice questions as standard - but you get to practice these in our online exam simulator, to ensure maximal preparation for the real-life exam!

  • Choose from 3 time modes - No Limit, Exam Mode, or Quick Mode
  • Choose how you see your answers - after each question, or after the exam
  • See mock breakdown of how you scored in each syllabus area

Complete mock exam coverage

The Case Study course comes complete with professionally written mock exams as standard (3 for OCS, 5 for MCS and SCS), freshly written for each new pre-seen cycle. Our mocks are weighted in accordance with official CIMA subject and grading criteria.

  • Professionally written mocks tailored to current pre-seen document
  • Model solutions written by former CIMA prizewinners
  • Unlock mock marking at any time for complete exam preparation
Elite only

Live Workshops

As an Elite Student, you will gain access to 12 hours of private, live cohort workshops with your expert Case Study tutor. Each workshop is thematically focused on a different aspect of the Case Study exam, with an emphasis on practice, application, and exam technique secrets.

  • Work with your tutor and fellow Elite students on problems
  • Offer and exchange ideas, feedback, and doubts with your tutor
  • Develop answers and insights in collaboration
Elite only

Tutor-led Forums

As an Elite student, you will gain exclusive 24 hour access to a private, tutor-led Slack discussion group. Here you will be able to post and share queries, topics for discussion, helpful sources and articles. Your tutor will also regularly share helpful materials, and prompt discussions and debate between workshop sessions.

  • Bounce ideas off fellow Elite students in relaxed environment
  • Take advantage of Slack's great community features
  • Seek assistance from your Tutor at any time

Live workshops

Our live sessions are run outside of work hours. Tap into your course tutor’s deep expertise by asking questions & getting answers immediately. From pre-seen analyses to intensive workshops, our live sessions cover a range of topics and student needs. And if you miss a session, you can always watch the replay.

  • Interact with your CIMA tutors
  • Elite workshop sessions with lecturer and small student cohorts
  • Receive regular notifications on upcoming webinars

Tutor-led private discussion group

"I have tried mocks from other providers, but VIVA's are the best". Neofytus (SCS Aug17) isn't alone in thinking this. Our Case Study mocks are written in-house by our team of CIMA experts, tailored to the current pre-seen, and modelled closely on the real CIMA papers. Practice in our online exam simulator under timed conditions.

  • 13 Mock Exams per exam window across OCS, MCS and SCS
  • Professionally prepared model answers with every mock
  • Marking services can be added at any time

Mock marking

120+ hours of video lectures by subject experts, covering the entire CIMA syllabus. That's an average of 10 hours per subject. Watch anywhere, anytime. All our lectures are concise, high definition, using only the highest quality audio and example-led visualisations.

  • Special hotspot sessions devote additional time to tricky areas
  • Learning interface keeps track of where you stopped watching
  • View at any speed setting that you prefer

Tutor office hours

"I have tried mocks from other providers, but VIVA's are the best". Neofytus (SCS Aug17) isn't alone in thinking this. Our Case Study mocks are written in-house by our team of CIMA experts, tailored to the current pre-seen, and modelled closely on the real CIMA papers. Practice in our online exam simulator under timed conditions.

  • 13 Mock Exams per exam window across OCS, MCS and SCS
  • Professionally prepared model answers with every mock
  • Marking services can be added at any time
Course Tutor Picture
Your expert tutor
James Griffiths

James Griffiths has 23 years of experience teaching financial accounting across both ACCA and CIMA qualifications. James is known for making the most complex financial topics seem simple and intuitive.

James teaches both F1 and F2 for VIVA and he is also involved in applying Financial pillar topics (F1 and F2) to the OCS and MCS.

CIMA Global Pass Rate Excellence Award Badge

VIVA was one of only six tuition providers worldwide to win the prestigious CIMA Global Pass Rate Excellence Award in 2020.

Purchase options

Course Pricing

Choose a single course or our excellent value All Access Pass
Choose from our Standard* or Elite Courses
(*Standard Courses are included in All Access membership)
F1 Objective Test
Standard Course

A comprehensive online course for the independent learner

Pre-seen Analysis Lectures (4 hrs)
Objective Review Lectures (3 hrs)
E3/F3/P3 Applied Lectures (6 hrs)
E2/F2/P2 Applied Lectures (6 hrs)
E1/F1/P1 Applied Lectures (6 hrs)
5 Mock Exams with Solutions
3 Mock Exams with Solutions
Tutor-Annotated Pre-seen
2 Live Tutor Check-in Sessions
100s of Pages of Course Notes
Unlimited Replays of Live Webinars
Private Student Discussion Group
Live Tutor Workshops (12 hours)
Mock Marking*
Personal Tutor Office Hours
3 Live Mock Debrief Sessions
Private Tutor-Led Forum

Course access runs until 31st of August 2022.
*Mock marking can be purchased separately at any time.

F1 Objective Test
Elite Course

Ideal for students seeking intensive, personalised 1-to-1 training

Pre-seen Analysis Lectures (4 hrs)
Objective Review Lectures (3 hrs)
E3/F3/P3 Applied Lectures (6 hrs)
E2/F2/P2 Applied Lectures (6 hrs)
E1/F1/P1 Applied Lectures (6 hrs)
5 Mock Exams with Solutions
3 Mock Exams with Solutions
Tutor-Annotated Pre-seen
2 Live Tutor Check-in Sessions
100s of Pages of Course Notes
Unlimited replays of live webinars
Private Student Discussion Group
Live Tutor Workshops (12 hours)
Mock Marking for All Mocks
Personal Tutor Office Hours
3 Live Mock Debrief Sessions
Private Tutor-Led Forum

Course access runs until 31st of August 2022.

F1 Objective Test
Single Course

Access to the F1 Objective Test Course until the end of the chosen exam window.

OCS
OCS
E1
E1
P1
P1
F1
F1
MCS
MCS
E2
E2
P2
P2
F2
F2
SCS
SCS
E3
E3
P3
P3
F3
F3

Ideal for those who are soon sitting the F1 Objective Test but are unsure of their future study plans.

CIMA All Access Pass
All 12 CIMA Courses
Unlimited access to all CIMA Courses for 12 months, inc all Case Study & Objective Test mock exams
OCS
E1
P1
F1
MCS
E2
P2
F2
SCS
E3
P3
F3
Designed for those students who would like to complete 2 or more courses over the next year.
Try it free
Learn for less

CIMA All Access Pass

Unlimited Access to all CIMA Standard Courses for 12 months. Designed for students who would like to complete 2 or more courses over the next year.

Access to all CIMA Courses for 12 months

OCS
E1
P1
F1
MCS
E2
P2
F2
SCS
E3
P3
F3

Designed for those students who would like to complete 2 or more courses over the next year.

  • 1,000+ hours of premium CIMA study content
  • All Case Study/Objective Test Mock Exams included
  • Hundreds of hours of on-demand video lectures
  • Downloadable course notes covering entire syllabus
  • All materials automatically updated throughout year
Only £34 per course, saving you £1000s vs buying each course separately!
£369

Trusted by over 10,000 students

Join our rapidly growing community.
Lucia Morais
I’m pleased to share that I passed my MCS exam! I consider VIVA masters in CIMA Case Study tuition. From now on I’m studying only with VIVA as my tuition provider!
Tomasz Kociuba
I recommend VIVA's approach to teaching because the courses are succinct, comprehensive and focused on practice which makes them very effective. I received very constructive feedback on my mocks.
Mabvuto Banda
I have passed my MCS exam on my 4th attempt but the first time using VIVA's course. The mock feedback was very informative. I will recommend you to my friends and expect me back for the Strategic level!
Shaminda Angodage
When I started VIVA's course I was not sure what to expect during the exam, but I feel much more confident now. Thank you so much to Kelly and the amazing team at VIVA!
Koshy Tharakan
VIVA's materials are expertly delivered, easy to follow and very motivating. The mocks cover every possible element of the course. Highly recommended for those aspiring to pass their CIMA exams.
Ricardo Argibay
I used VIVA when I did my MCS in Feb17 after failing the exam once with a different provider and the resources received from VIVA were amazing. I nailed the exam! My only regret is not knowing about them before.
Read more
Ask a question

Course FAQs

What’s VIVA’s pass rate?

Due to GDPR restrictions, it is increasingly difficult to compile our students’ pass rates whether directly or via CIMA. However, VIVA has had consistently high pass rates over the years, and this is attested to by the fact that VIVA was awarded the prestigious Global Pass Rate Excellence Award in 2020 by CIMA itself.

Make sure to check out what students are saying about us here.

How is this course so cheap? I see other tuition providers charging thousands for single courses.

VIVA was born entirely online, and since day one has maintained a small team of dedicated experts. This low cost-base has allowed for relatively high investment in a streamlined online learning platform and high-quality production values. This in turn has allowed us to scale our tuition rapidly, reaching thousands of students across the world.

Our low cost-base and scaled delivery affords us the luxury of being able to charge radically lower prices for premium-grade courses than traditional, brick-and-mortar tuition providers (or online providers with bloated administration and sales teams who target and service large institutional clients).

Does VIVA offer feedback/marking on students’ mock exam answers?

Yes. After you purchase a Case Study course or All Access membership with VIVA, you will be offered the chance to add marking services to your account. You will be able to purchase corrections for anywhere from 1 mock exam to 5 mock exams, and these can be used during any of the Case Study exam windows. Once you have 5 mock exams corrected (whether during one exam window or across several), you can repurchase corrections services as and when needed.

Case Study Elite course students have marking for 5 mock exams included as standard.

If I fail my exam, will I still have access to the VIVA course?

That depends on the plan you purchase. If you purchase a single case study course, you will have access for the duration of the relevant exam window (i.e. until the final CIMA exam date for that window). If you purchase a single objective test course, you will have 6 months of access to the course from the date of purchase. If you purchase the All Access membership, you will have access to the course (and all courses) for 12 months from the date of purchase. And don’t worry: your subscription/access will not auto-renew. You will be automatically notified when your access is due to expire, but you get to decide whether or not you would like to renew.

What if I don’t like the course? Is there some kind of money back guarantee?

Yes, if within 72 hours of purchasing you are not satisfied with VIVA’s course, you are entitled to claim an immediate refund - no questions asked.

Can I download the video lessons, or view them offline?

No, the video lessons can only be viewed online on VIVA’s website and may not be downloaded due to copyright restrictions.

I have another question that is not answered here. How can I get in touch with VIVA?

If you're still confused, just drop us an email at info@vivatuition.com, or use our live chat box (bottom right), and a member of the team will be happy to help.