Course Description

Financial Reporting – F1

Global Edulink


After successfully completing the E1 course in the digital world, you will gain a comprehensive overview of how reporting is performed in financial terms with this course Financial Reporting (F1). You will learn concepts and practices related to financial statements, principles of taxation, as well as the conceptual frameworks and regulatory environment under which these financial reporting operates.

As you go along your path for your CIMA qualification in diploma in Management Accounting this is not just another stop along the way, but acquisition of multitude of skills required for employment after the CIMA qualification.

With our 100% support and commitment to your studies we can guarantee without any hesitation that you will successfully get through this unit F1, in order to reach your ultimate goal of CIMA qualification easily. Your ultimate success is our success.

2. F1: Financial Reporting
F1: Financial Reporting
Chapter 1 – Regulatory Environment Of Financial Reporting
Regulatory Environment
Professional Ethics
Corporate Governance
Chapter 2 – Financial Statements
IASB Conceptual Framework
IAS 1 Presentation Of Financial Reporting
IAS 16 Property, Plant And Equipment
IAS 36 Impairment Of Assets
IFRS 5 Non-Current Assets Held For Sale And Discontinued Operations
IAS 10 Events After The Reporting Period
IAS 2 Inventories
IFRS 16 Leases
IAS 7 Statement Of Cash Flows
Chapter 3 – Principles Of Taxation
Regulatory Environment And International Taxation
Chapter 4 – Managing Cash And Working Capital
Working Capital
Working Capital Management
Receivable Management
Problems Due To Failure In Working Capital Management

Why choose Global Edulink for CIMA Operational Level?

  • Excellent pass rate
  • Dedicated panel of instructors
  • High rate of passing for first-time students

Who is the CIMA Operational Level for?

  • School leavers
  • Students or members of other professional bodies
  • Undergraduates and graduates
  • Anyone with an interest in pursuing a career in management accountancy

Syllabus Structure

  • Regulatory environment of financial reporting
  • Financial statements
  • Principles of taxation
  • Managing cash and working capital


This is an objective test. The objective test must be passed in order for learners to complete the syllabus module. Additionally, learners who wish to progress to the CIMA Operational Level qualification should also successfully pass this test.

The objective test must be passed before the learner books the case study exam.

Exam Details

This is an entry level finance exam that will allow the learner to demonstrate if they have acquired the relevant skills, techniques and knowledge to be displayed in that role. The exam will comprise of a computer-based objective test and 1 case study exam.

Objective Test

  • Format – Computer-Based
  • Duration – 90 Minutes
  • Results – Provisional results available followed by confirmation within 48 hours

(A score out of 150 is given, with 100 representing a Pass)

Operational level objective tests –  GBP110 (Tier 1 per exam)

Please Note : Official Exam is not provided, It should be purchased separately


Upon the successful completion of the unit Financial Reporting – F1, learners can advance to the next unit of the Certificate in Business Accounting (CIMA Cert BA) Or If the learner has already completed other units, can apply to the final exam of Diploma in Management Accounting (CIMA Dip MA).

College Name Global Edulink
Course Category Business
Course Type Online Learning
Course Location Dublin, Ireland
Course Fee 59
Entry Requirements CIMA certificate in Business Accounting, degrees in business or accounting or AAT Technician/Diploma level [level 4]
Career Path Upon completing this module syllabus, you will be one step closer to having a career in business and finance. While this module does not give you direct access to gain employment, you have the opportunity to take the rest of the modules in the CIMA Operational Level Certificate. A career in management accounting is waiting for you, and will provide a clear path to progress in your desired employment. Companies worldwide, irrespective of their size require the services and knowledge of management accountants. Management Accountants are marketable across multiple industries.
For information about Global Edulink, please visit our college page on by clicking here.

Course Provider

Global Edulink

CityPoint, 1 Ropemaker Street, London, EC2Y 9HU, Dublin, United Kingdom

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Global Edulink
CityPoint, 1 Ropemaker Street, London, EC2Y 9HU
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