How long does it take to complete the F1 course?

The F1 course is designed for flexible learning. Most students complete it in 8-12 weeks studying 6-8 hours per week. You can progress at your own pace with lifetime access to all materials.

Do I get access to practice exams and mock assessments?

Yes — your course includes comprehensive practice questions, mock assessments, and exam-style scenarios with detailed feedback to help you identify areas for improvement.

What support is available during my studies?

You have access to expert tutors through discussion forums, weekly live Q&A sessions, and office hours. Our tutors are industry professionals with extensive teaching experience.

F1 · Operational Level · CIMA

F1 Objective Test

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.

71 lessons 11h of video Pass guarantee

What you'll learn

IFRS conceptual framework and regulatory environment
Income statement and statement of financial position
Statement of cash flows
Basic group accounting and consolidation
Accounting for assets: PPE, intangibles, impairment
Financial performance analysis and ratios

Objective Test Exam

F1 Objective Test

Computer-based exam taken at a Pearson VUE test centre. Sat independently — no aggregation of marks with other subjects. Available in March, June, September & December.

Questions

Minutes

50%

Pass mark

Sessions/yr

Practice Exams

CIMA Objective Test Practice

Test your knowledge with authentic CIMA-style objective test questions. Get instant feedback and detailed explanations after every attempt.

60 questions in 90 minutes

All 6 CIMA question types included

Instant results with detailed explanations

Unlimited practice attempts

Performance tracking and analytics

Question Types Covered

• Single Best Answer

• Multiple Response

• True/False

• Fill in the Gap

• Matching

• Ordering/Sequencing

Subject Access Required

Practice exams are available to all students with subject access. Get access to unlock unlimited practice exams with detailed explanations and performance analytics.

Subject access includes:

All video lessons

Unlimited practice exams

Detailed answer explanations

Performance analytics

Get Full Access

Study Plan

Personalized learning path

View Study Plan

What you'll study

Preparing for Objective Test exams

This section equips you with comprehensive knowledge of CIMA F1 Objective Test structure, format, and proven strategies to optimise exam performance. Learn effective time management techniques, question type analysis, and targeted study approaches to maximise your success in the F1 assessment.

1 module · 5 lessons

F1 Subject overview

F1 Subject Overview introduces the regulatory environment, financial statements, and taxation principles essential for management accountants. This foundational section establishes how F1 topics interconnect and their practical application to financial management and reporting responsibilities.

1 module · 5 lessons

A. The regulatory environment of financial reporting

This section covers the global framework of accounting standards and principles, including IFRS, the role of standard-setters, and how regulation ensures financial reporting transparency, comparability, and stakeholder trust. Students will explore the regulatory environment that underpins financial reporting and professional ethics in accounting practice.

1 module · 7 lessons

15% of exam

B. Financial statements

Master the preparation and interpretation of financial statements including income statements, balance sheets, and cash flow statements. This section covers the conceptual framework, accounting standards, non-current assets, leases, and financial statement presentation required for CIMA F1.

7 modules · 34 lessons

45% of exam

C. Principles of taxation

This syllabus section covers the principles of taxation and their application to business decisions, including direct and indirect taxation, international tax considerations, and corporate tax computations. Students develop foundational knowledge of tax objectives, compliance requirements, and how taxation impacts financial statements and strategic business planning.

4 modules · 9 lessons

25% of exam

D. Managing cash and working capital

Section D covers the management of cash and working capital, including the operating cycle, receivables, payables, inventory management, and cash flow optimization strategies to maintain liquidity and operational efficiency. This section equips you with practical analytical skills to assess and improve the short-term financial health of organisations.

3 modules · 11 lessons

15% of exam

F1 mock exams

Coming soon

F1 mock exams provide exam-standard simulations that replicate the real CIMA Operational Accounting assessment, enabling you to develop exam technique, identify knowledge gaps, and build confidence through timed practice with comprehensive solutions.

5 modules

Get access

F1 Objective Test

£299 lifetime access

All video lessons, exercises and resources
Unlimited practice exams with detailed feedback
Pass guarantee included

Get F1 — £299 View all pricing options

How it works for F1

Step 1

Learn

Grasp the F1 syllabus fast.

71 lessons covering every examinable area — nothing more, nothing less. 11 hours of focused video. No 40-hour lecture series when 15 will do.

Expert-led video lessonsDownloadable course notesAI video assistant

Step 2

Practise

Sit the F1 exam before you sit it for real.

60-question objective test mocks replicating official CIMA conditions. Same format, same timing, same pressure. Full worked explanations for every answer.

60-question mock examsWorked explanationsUnlimited attemptsPerformance tracking

Step 3

Diagnose

Stop revising F1 topics you already know.

After every mock, VIVA maps your F1 strengths and weaknesses and rebuilds your study path around what actually needs work. Instant AI-enhanced marking with expert oversight. The speed of technology, the judgement of real experts.

Instant markingStrength & weakness mapSmarter sequencingExpert oversight

When your Exam Readiness Score hits Green, the system has confirmed you're ready to pass.

Hit Green ERS, sit F1, fail — we refund you.

Not sure if F1 is your next step?

Find exactly what to buy next.

Tell us how far through CIMA you are. We'll show you the right course pack in 30 seconds.

Find my course Get F1 — £299

Frequently asked questions

Most students complete F1 in 8–12 weeks studying 6–8 hours per week. You have lifetime access so you can progress at your own pace.

Yes — every learning outcome in the F1 syllabus is covered across the video lessons and practice questions.

Yes — your course includes unlimited objective test practice with 60-question exams, instant feedback, and detailed explanations for every question.

Yes. If you complete the course and don't pass your exam, we'll refund your course fee in full. Terms apply — see our pass guarantee page for details.