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Last Updated: Jul 21, 2026
No. of Questions: 247 Questions & Answers with Testing Engine
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CIMA F1 exam is designed to test a candidate's knowledge and understanding of financial reporting principles and practices. This includes the preparation of financial statements, the interpretation of financial information, and the use of financial data for decision-making purposes.
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To prepare for the CIMA F1 exam, candidates should have a solid understanding of accounting principles, financial reporting standards, and financial analysis techniques. They should also be familiar with the various accounting software and tools that are commonly used in the industry. Candidates should also develop strong analytical and problem-solving skills, as well as good communication and teamwork abilities. F1 exam is computer-based and consists of 60 multiple-choice questions that must be answered within 90 minutes.
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CIMA F1 exam consists of 60 multiple-choice questions and is three hours in length. F1 exam is computer-based and is administered at Pearson VUE testing centers worldwide. Candidates must achieve a score of 70% or higher to pass the exam and earn the CIMA F1 certification.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Regulatory Environment of Financial Reporting | 10% | - Regulators and their role
|
| Topic 2: Managing Cash and Working Capital | 25% | - Cash and working capital management
|
| Topic 3: Principles of Taxation | 20% | - Taxation fundamentals
|
| Topic 4: Financial Statements | 45% | - Statement preparation and IFRS application
|
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