Management Level . CIMA F2
CIMA F2 – Advanced Financial Reporting Course
Ready to take your financial reporting skills to the next level? Our CIMA F2 online course helps you develop advanced knowledge of financial reporting standards, group accounts, financial analysis, and long-term finance through clear lessons, practical question practice, structured study resources, and expert tutor support.
CIMA F2 Course Overview
CIMA F2 Advanced Financial Reporting is the Financial pillar subject at CIMA Management Level. Building on the financial reporting knowledge developed in F1, it takes you into more advanced areas of financial reporting, group accounting, financial statement analysis and the financing of capital projects.
At this stage, you need to go beyond knowing individual accounting rules. F2 requires you to understand how accounting treatments work in more complex situations, prepare and interpret group financial statements, analyse financial performance and position, and apply financial reporting principles to realistic business scenarios.
Your CIMA F2 COURSE Package
Everything You Need to Prepare for CIMA F2 Course
Your CIMA F2 Course package gives you access to the resources, support, and tools you need to study effectively, practise what you learn, and prepare confidently for the CIMA F2 Exam.
CIMA F2 Lecture Videos
Learn the CIMA F2 syllabus through clear, structured video lessons designed to help you understand complex CIMA Advanced Financial Reporting concepts at your own pace.
CIMA F2 Study Notes
Comprehensive CIMA F2 study notes structured around the syllabus to help you revise key concepts clearly and efficiently.
CIMA F2 Chapter Quizzes
Chapter-by-chapter quizzes to test your understanding of CIMA F2 topics and identify areas that need more revision.
CIMA F2 Preparation Strategy
Follow a structured preparation approach to organise your studies and use your available study time effectively.
CIMA F2 Question Videos
Step-by-step CIMA F2 question practice with worked examples to help you understand how to approach and solve exam-style questions.
Personalised CIMA F2 Study Plan
A personalised study plan with mobile app support to help you organise your CIMA F2 preparation and track your daily progress.
CIMA F2 Tutor Support
Active tutor support through WhatsApp groups — ask questions about your F2 studies and get guidance when you need it.
CIMA F2 Mock Exam
A final CIMA F2 Mock Exam with detailed feedback to help you assess your preparation and build confidence before the real exam.
Understand the CIMA F2 Syllabus
Work through the current CIMA F2 syllabus with structured learning and question practice designed to develop advanced financial reporting knowledge, technique and application skills.
Financing (15%)
1. Identify the types and sources of long-term funds available to organisations. 2. Calculate the cost of long-term funds.
Financial Reporting Standards (25%)
1. Apply financial reporting standards for revenue, leases, provisions and financial instruments. 2. Apply standards for intangible assets, income taxes and foreign currency effects.
Group Accounts (25%)
1. Prepare consolidated financial statements, including associates and joint ventures. 2. Account for related party transactions and calculate earnings per share.
Integrated Reporting (10%)
1. Explain the International Integrated Reporting Framework. 2. Explain the six capitals of integrated reporting.
Analysing Financial Statements (25%)
1. Calculate and interpret key financial ratios. 2. Explain the limitations of ratio analysis.
CIMA F2 Course content
A Structured Path Through the CIMA F2 Syllabus
CIMA F2 Exam Structure
CIMA F2 is a 90-minute computer-based Objective Test at the management level. It assesses your ability to understand and apply advanced financial reporting principles, group accounting, financial analysis, and financing concepts.
Student reviews
Rated Excellent by CIMA Students
Consolidations finally clicked for me. The way each standard is tied straight to the exam scenario meant I knew exactly what the marker wanted. Passed first time.
CIMA F2 FAQs
Frequently Asked Questions About the CIMA F2 Course
1. What is the CIMA F2 exam and who should take it?
CIMA F2 (Advanced Financial Reporting) is a Management-level objective test in the Finance pillar of the CIMA professional qualification. It is for students who have completed F1 and want to prepare group accounts and analyse financial performance in depth. F2 develops the reporting and analysis skills expected at the management level.
2. How long does it take to prepare for the CIMA F2 exam?
Most students need around 12 to 14 weeks, or roughly 130 to 160 hours, to prepare for the CIMA F2 exam. F2 combines technical consolidation work with interpretation, so balanced practice across both is essential. Repeated, timed practice of group accounts and analysis questions builds the accuracy F2 demands.
3. Does CIMA F2 cover IFRS?
Yes. Financial Reporting Standards is a major part of F2. The syllabus requires you to understand and apply relevant financial reporting standards in more complex financial reporting situations.
4. What is covered in financial statement analysis in CIMA F2?
F2 develops your ability to analyse financial statements and interpret information about an organisation's financial performance and position. The aim is not simply to calculate figures but to understand what the results indicate and how they can support business decisions.
5. Do I need prior knowledge to start CIMA F2?
You should have passed or be exempt from F1 before sitting F2, as F2 assumes confidence with single-entity financial statements and reporting standards. The paper then extends those skills to group accounts and deeper analysis. A solid F1 foundation makes consolidation and interpretation in F2 much easier to learn.
6. How important are group accounts in the CIMA F2 exam?
Group accounts, or consolidation, together with the analysis of financial statements, are the most heavily weighted areas of the CIMA F2 exam, each carrying around a quarter of the marks. You must handle consolidation adjustments accurately and interpret results clearly. Mastering these two areas is the single biggest driver of an F2 pass.
7. What are the most common reasons students fail the CIMA F2 exam?
Students often fail CIMA F2 by under-practising consolidation, struggling to interpret financial statements, and mismanaging time across the objective test. Weak knowledge of financial instruments also costs marks. Because group accounts and analysis dominate the paper, thorough, timed practice in both areas is the most effective preparation.
8. What support does the Vertex CIMA F2 course provide?
The VLS CIMA F2 course is a self-paced Complete Learning Pack with HD topic video lectures, exam-focused study notes, worked question-practice videos, chapter quizzes, a customised study planner with a mobile app, and a full mock exam with feedback. Active tutor support is provided through WhatsApp. For enrolment or access help, email office@vls-online.com.
READY TO START YOUR CIMA F2 JOURNEY?
Prepare for the CIMA F2 Advanced Financial Reporting Exam with VLS
Build a strong understanding of Advanced Financial Reporting with structured online tuition, exam-focused practice and tutor support designed to help you prepare for your CIMA F2 Exam.