CIMA F2 Objective Test Exam
CIMA F2: Advanced Financial Reporting
F2 is one of three management level objective test exams. These exams have to be completed before you can attempt the operational case study exam. Here’s a summary of the F2 module:
“CIMA F2 builds on the competencies gained from F1.
It covers how to effectively source the long-term finance required to fund the operations of organisations, particularly their capital investments. It also deepens the coverage of financial reporting to more complex aspects of group accounting and analyses the rules governing the recognition and measurement of various elements of the financial statements.
Finally it shows how to analyse financial statements to provide insights about the financial performance and position of the organisation over time and in comparison with others.“
See how F2 fits into the whole CIMA syllabus here.
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Syllabus weightings & Assessment strategy
15% – Financing capital projects
25% – Analysing financial statements
25% – Group accounts
10% – Integrated reporting
25% – Financial reporting standards
You will be assessed through a 90-minute long computerised objective test consisting of 60 equally weighted questions. All learning areas of the syllabus will be covered, therefore it is important that you revise ALL topics for the exam. The topic weighting mentioned above will also be reflected in the test. The pass mark is 70%.
Every exam is randomly generated by a computer, therefore the questions are presented in no specific order and each student takes a different test.
The questions will be formatted in a number of different ways:
- Multiple choice & multiple response questions – You will be required to select the correct answer/answers from the several answers presented to you.
- Drop down questions– You will be asked to select the correct answer from a drop-down list of possible answers.
- Drag and drop questions – You will be asked to move an object/label to another location.
- Hot spot questions – These will require you to identify an area on an image by clicking on it.
Your results will be available as soon as you have finished your test. You will also be given feedback alongside your mark.
Find your nearest test centre
CIMA objective tests can be sat on demand on a day of your choice at any time throughout the year at a Pearson Vue Test Centre