Covers the conceptual framework of financial reporting, preparation of financial statements, group accounting fundamentals, and financial performance analysis. £149 on its own, or all four Operational subjects for £349, with lifetime access. F1 is on demand, so you book it when you are ready.
A word from your tutor
F1 is the foundation the rest of the F pillar is built on, and it is also the paper the Operational Case Study leans on hardest. Getting it genuinely solid, rather than just passed, pays you back twice.
We work through the financial reporting and tax material in small pieces, then put it under exam conditions in full mocks, so that by the time you reach the case study the mechanics are automatic and you can spend your thinking on the scenario instead.
Do this one properly and OCS gets a great deal easier.
The syllabus
F1 Financial Reporting covers the preparation and interpretation of financial statements under IFRS. You'll learn to produce statements for single entities and groups, understand the regulatory framework, and analyse financial performance. This subject underpins all financial reporting work you'll do as a CIMA professional.
The course, section by section
7 sections · 71 lessons · 11h 12m of video
Modern tuition
Built and taught by people who have lectured this material for years, with an AI Tutor sitting inside each lesson to answer the question you have right now.
AI Tutor in every lesson
"Can you go through the Income statement and statement of financial position part again, more simply?"
Of course. Here is the short version from this lesson, then the worked example again, one step at a time.
Real mock exams
Full timed mocks in the real format: 60 questions in 90 minutes, drawn from a large question bank, in an exam-style interface.
Feedback on every mock
A mock does not stop at a percentage. Every question comes back with an explanation, grouped by syllabus section, so you can see what to go back to.
Weakest sections
Question review
The Operational Level
F1 is one of the three Objective Tests on the CIMA Operational Level, with E1 and P1. CIMA lets you sit them in any order, and the OCS once all three are passed.
See the full Operational route →Personalised CIMA pack
Tell us which CIMA subjects you have already passed, or are exempt from taking. The best option updates as you go.
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Two levels save 10%. All three save 20%.
£349
One subject at a time - or save with the Operational Level Pass Pack.
£369
One subject at a time - or save with the Management Level Pass Pack.
£399
One subject at a time - or save with the Strategic Level Pass Pack.
Questions
Expert-led video lessons across the whole syllabus with an AI Tutor in every lesson, and full timed mock exams online (60 questions, 90 minutes, drawn from a large question bank): 3 to start and a new one whenever you want it, each marked instantly with an explanation for every question. £149, lifetime access.
60 objective test questions in 90 minutes. It is on demand, so you book it when you are ready rather than waiting for a window.
No. CIMA lets the three Operational Objective Tests be sat in any order. All three must be passed before the OCS.
You only ever pay the difference. Add subjects at any time and the price you already paid comes off the bigger pack, so you never pay twice for the same course.
Lifetime access, on every course. There is no subscription and no renewal - if you need to resit, or come back to the material years later, it is still there.
Ready for a clearer route to your F1 exam day?
Take F1 on its own, or add it to the subjects you have left.