CIMA F2

Everything you need for the Advanced Financial Reporting Exam

Welcome to Practice Tests Academy, your one-stop solution for all your CIMA F2 Advanced Financial Reporting exam preparation needs. Our website offers a comprehensive course that includes all the study video materials and practice tests you need to build your knowledge and confidence before your exam. Our course materials are developed by CIMA-endorsed experts who possess extensive knowledge and expertise in advanced financial reporting, ensuring that you have the best possible chance to pass the exam with flying colours on your first attempt.
CIMA F2 Advanced Financial Reporting

Our Official Partners

Our collaboration with Kaplan and BPP affirms that Practice Tests Academy is proudly recognised as a registered CIMA tuition provider.

Prepare With Confidence With Our Proven Learning System

  • F2 Syllabus
  • Videos
  • Question bank
  • Mocks
  • Tutor Support
  • Revision Module & Assigned Tutor

F2 syllabus

CIMA F2 (Advanced Financial Reporting) paper covers how to source long-term funds to finance capital investment projects, the different types of funds and how much they cost (Section A – 15%). In Section B (25%) you will need to explain and apply the recognition and measurement principles of the financial reporting standards for revenues, leases, provisions, financial instruments, intangible assets, income taxes and the effect of changes in foreign currency rates. In Section C (25%), it introduces the topic of group accounting, including the ability to explain the relevant financial reporting standards, to prepare group financial statements and to discuss group disclosure issues. Section D (10%) talks about integrated reporting, including key aspects of the International Integrated Reporting Framework. The final area – Section D (25%) – is the analysis of financial statements to provide insights about the financial performance, position and prospects of an organisation over time and compared to its competitors.

Our team of experts have compiled a comprehensive set of questions and answers that covers all the key topics of the F2 exam, which can help you understand the concepts and technologies covered on the exam, and give you the confidence you need to pass the test on your first try

Videos

F2 Master Course
F2 Ultimate Course

If you’re gearing up for the CIMA F2 exam, there’s a wealth of resources out there to help you succeed. Our video series, which is based on the concise summary notes of Kaplan books, is a great way to master key topics more effectively than ever before. Featuring visually engaging summary notes and downloadable PDFs, our videos provide a comprehensive overview of the material that allows you to see the big picture without getting bogged down in the details.

What’s more, our supplementary end-of-chapter questions and flashcards make it easy to test your understanding and evaluate your progress, so you can be confident you’re on the right track to success.

With our CIMA F2 exam prep, you can ditch those tedious and inefficient learning methods and get on the fast track to exam readiness!

Question Bank

Practice Kit
F2 Master Course
F2 Ultimate Course
Are you ready to excel in your CIMA F2 exam? Our powerful question bank can help you achieve your goals with ease. With over 600 meticulously designed questions, our expertly crafted question bank is tailored to your individual preferences. Use our easy-to-use platform to:
  • Practice questions chapter by chapter, focusing on your areas of weakness.
  • Filter questions you have missed or answered incorrectly to improve your knowledge.
  • Revise with confidence and prepare for success in your mock exams.
If you’re struggling to understand debit and credit movements in group accounts, try drawing them out on paper and keep looking at them right up until the exam. Remember, true failure is giving up and deciding that CIMA is too difficult – everything else is just a temporary setback! Don’t forget to spend time answering the easy questions first and then go back and answer the harder ones, and keep pushing yourself to succeed in your CIMA F2 exam.

Mocks

Mocks
Practice Kit
F2 Master Course
F2 Ultimate Course

Unleash your full exam potential with our realistic mocks, which are an effective way to test your comprehension, pinpoint areas for growth, and bolster your confidence for the actual exam. We’ll handle the setup of of to 5 mocks, so you can concentrate on studying! In addition to the question bank, our mocks are a valuable tool, allowing you to strengthen your knowledge and identify areas for improvement to gain a better understanding.

  • Access a specific number of mocks on the basis of your selected package
  • Get the opportunity to test and measure your knowledge by completing timed mocks and getting detailed feedback at the end of every mock
  • Experience real exam scenarios so you can build confidence and gear up

Choose a package that suits your needs and start your journey to exam excellence today!

Tutor Support

All Packages
Boost Your Chances of Success with Expert Tutor Support Preparing for the CIMA F2 exam can be challenging, but Practice Tests Academy is here to help. Our experienced tutors are just a click away, ready to answer any study-related questions you may have. Our convenient ask-a-tutor function provides ease and flexibility in your learning, making it easy to get the help you need. Whether you’re struggling with a specific concept or need clarification, don’t hesitate to take advantage of our resources to increase your chances of acing the CIMA F2 exam.

Revision & Assigned Tutor

F2 Ultimate Course

Tailored Revision Module: Access 200+ chapter-specific questions with our intelligent platform. Select, sort, and focus your practice for maximum efficiency.

Visual Passcards: Grasp key F2 concepts with succinct, illustrated summaries – perfect for last-minute revisions.

Assigned Tutor Support: Benefit from a dedicated tutor’s guidance, with monthly progress check-ins to keep your studies on track.

Note: 1:1 lessons are in the pipeline, expected within 6-9 months as an add-on.

F2 syllabus

CIMA F2 (Advanced Financial Reporting) paper covers how to source long-term funds to finance capital investment projects, the different types of funds and how much they cost (Section A – 15%). In Section B (25%) you will need to explain and apply the recognition and measurement principles of the financial reporting standards for revenues, leases, provisions, financial instruments, intangible assets, income taxes and the effect of changes in foreign currency rates. In Section C (25%), it introduces the topic of group accounting, including the ability to explain the relevant financial reporting standards, to prepare group financial statements and to discuss group disclosure issues. Section D (10%) talks about integrated reporting, including key aspects of the International Integrated Reporting Framework. The final area – Section D (25%) – is the analysis of financial statements to provide insights about the financial performance, position and prospects of an organisation over time and compared to its competitors.

Our team of experts have compiled a comprehensive set of questions and answers that covers all the key topics of the F2 exam, which can help you understand the concepts and technologies covered on the exam, and give you the confidence you need to pass the test on your first try

Videos

F2 Master Course
F2 Ultimate Course

If you’re gearing up for the CIMA F2 exam, there’s a wealth of resources out there to help you succeed. Our video series, which is based on the concise summary notes of Kaplan books, is a great way to master key topics more effectively than ever before. Featuring visually engaging summary notes and downloadable PDFs, our videos provide a comprehensive overview of the material that allows you to see the big picture without getting bogged down in the details.

What’s more, our supplementary end-of-chapter questions and flashcards make it easy to test your understanding and evaluate your progress, so you can be confident you’re on the right track to success.

With our CIMA F2 exam prep, you can ditch those tedious and inefficient learning methods and get on the fast track to exam readiness!

Question Bank

Practice Kit
F2 Master Course
F2 Ultimate Course
Are you ready to excel in your CIMA F2 exam? Our powerful question bank can help you achieve your goals with ease. With over 600 meticulously designed questions, our expertly crafted question bank is tailored to your individual preferences. Use our easy-to-use platform to:
  • Practice questions chapter by chapter, focusing on your areas of weakness.
  • Filter questions you have missed or answered incorrectly to improve your knowledge.
  • Revise with confidence and prepare for success in your mock exams.
If you’re struggling to understand debit and credit movements in group accounts, try drawing them out on paper and keep looking at them right up until the exam. Remember, true failure is giving up and deciding that CIMA is too difficult – everything else is just a temporary setback! Don’t forget to spend time answering the easy questions first and then go back and answer the harder ones, and keep pushing yourself to succeed in your CIMA F2 exam.

Mocks

Mocks
Practice Kit
F2 Master Course
F2 Ultimate Course

Unleash your full exam potential with our realistic mocks, which are an effective way to test your comprehension, pinpoint areas for growth, and bolster your confidence for the actual exam. We’ll handle the setup of of to 5 mocks, so you can concentrate on studying! In addition to the question bank, our mocks are a valuable tool, allowing you to strengthen your knowledge and identify areas for improvement to gain a better understanding.

  • Access a specific number of mocks on the basis of your selected package
  • Get the opportunity to test and measure your knowledge by completing timed mocks and getting detailed feedback at the end of every mock
  • Experience real exam scenarios so you can build confidence and gear up

Choose a package that suits your needs and start your journey to exam excellence today!

Tutor Support

All Packages
Boost Your Chances of Success with Expert Tutor Support Preparing for the CIMA F2 exam can be challenging, but Practice Tests Academy is here to help. Our experienced tutors are just a click away, ready to answer any study-related questions you may have. Our convenient ask-a-tutor function provides ease and flexibility in your learning, making it easy to get the help you need. Whether you’re struggling with a specific concept or need clarification, don’t hesitate to take advantage of our resources to increase your chances of acing the CIMA F2 exam.

Revision & Assigned Tutor

F2 Ultimate Course

Tailored Revision Module: Access 200+ chapter-specific questions with our intelligent platform. Select, sort, and focus your practice for maximum efficiency.

Visual Passcards: Grasp key F2 concepts with succinct, illustrated summaries – perfect for last-minute revisions.

Assigned Tutor Support: Benefit from a dedicated tutor’s guidance, with monthly progress check-ins to keep your studies on track.

Note: 1:1 lessons are in the pipeline, expected within 6-9 months as an add-on.

Ace Your CIMA F2 Exam with Our Courses

  • Our F2 Packages
  • Kaplan And BPP Ebooks
  • Bundles

Get access to expert tutors, study materials and exam practice tools

Get access to expert tutors, study materials and exam practice tools

CIMA F2

STUDY NOTES

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Mocks

Configure your own Management level mocks' bundle and test your knowledge

from

£32.40

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Popular

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Practice Kits

Design your own Management level practice kit with unrivaled question bank

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£123.75

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Experience the Power of CIMA F2 with Our Free Package

Not sure if CIMA F2 is the right fit for you? Don’t hesitate or feel uncertain for another second! Our incredible free F2 package allows you to explore the product’s potential without any risk. With our competitive packages, you get a money-back guarantee and pass assurance, giving you the confidence to invest in your future success.

Take advantage of this opportunity to try before you buy and give yourself the best chance of success on the F2 exam.

Enroll for your costless package today and embark on the journey to attaining your CIMA certification!

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Why is it important to opt for an ‘online’ CIMA course?

Students all over the world are letting go of the old traditional methods of preparing for competitive exams and are going for online courses. It is significant to keep up with the pace as preparation methods for professional certifications have diversified globally.
Our online CIMA course will provide students with greater flexibility, enabling them to study when and where they prefer. Moreover, online courses offer a more seamless and cost-effective way to learn, as well as provide access to a wealth of digital resources. Furthermore, the interactive environment of online learning provides students with the opportunity to engage tutors, as well as to practice their skills in a simulation of a real exam situation. Finally, CIMA online courses are designed to reflect the latest industry developments, giving students the chance to stay ahead of the curve.

Compare Our F2 Packages

Take a look at what products are in each of our F2 packages and compare them. Select the right package for your needs. You can always upgrade or purchase available add-ons later on if you need to.
Key Feature
Free
Mocks
Popular
Practice Kit
Courses
Number of mocks
<strong>Number of mocks</strong> <p style="text-align: left;">Our mock exams are created by our team of <strong>highly successful CIMA professionals</strong> and dedicated IT experts. Time and time again, our mock questions have proven to be almost identical to those in the <strong>real exam</strong>. Our exclusive mock packages include:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Five professional mock exams</strong>, designed in-house by our team of case study experts.</li> <li data-list="bullet" style="text-align: left;"><strong>Two bonus mocks</strong>, provided as a courtesy of BPP and Kaplan.</li> <li data-list="bullet" style="text-align: left;"><strong>Detailed answers</strong> in all mocks, giving students the full picture with clear explanations.</li> </ul> <p style="text-align: left;">We believe that solutions should be written in such a way that you are not banging your head against a brick wall trying to work out where you were going wrong. We lay everything out for you in clear detail.</p>
1 mini
1 or 3
1, 3 or 5
6 or 7
Question Bank (600 Q&A)
<strong>Question Bank (600 Q&A)</strong> <p style="text-align: left;">Practising exam-style questions is so crucial for your preparation. It really is a no-brainer for exam success! We have worked tirelessly behind the scenes to prepare a <strong>question bank</strong> with more than 600 questions, <strong>split by parts and by chapters</strong> too.</p> <p style="text-align: left;">The best part is - you can select exactly what areas you want to target for practice. It’s so simple!</p> <p style="text-align: left;">For example, if you want to practise 10 questions from chapter 1, go ahead, but you can narrow it down even further and select to practise questions that you previously unsuccessfully attempted.</p> <p style="text-align: left;">Yes, our redesigned tool can do all that!</p> <p style="text-align: left;">We can proudly state that we are the only provider with this functionality.</p> <p style="text-align: left;">It’s highly recommended to use it and it should save you loads of time!</p>
Chapter 1 Only
Chapter 1
Detailed analysis of your results (charts)
<strong>Detailed analysis of your results (charts)</strong> <p style="text-align: left;">We really are <strong>data-driven</strong> here at the Academy, and because of that, we've developed a whole new section of data which allows you to <strong>check your progress,</strong> either <strong>overall, or broken down into separate information pools</strong>. This section includes:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">A pie chart showing you your overall progress within the question bank</li> <li data-list="bullet" style="text-align: left;">Few separate pie charts focusing on your progress within individual chapters</li> </ul>
Interactive Video lectures
<strong>Interactive Video lectures</strong> <p style="text-align: left;">The Complete F2 On-Demand Course gives you the best of both worlds, <strong>combining the structure of a tutor-led course with the flexibility</strong> to start studying at any time, from anywhere.</p> <p style="text-align: left;">Our video course gives you the chance to:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Study at your own pace with access to programme content at any time.</li> <li data-list="bullet" style="text-align: left;">Learn the theory by watching the video guides.</li> <li data-list="bullet" style="text-align: left;">Test yourself after watching each chapter video</li> </ul>
Chapter 1
Chapter 1
Chapter 1
6-10 end of chapter questions
<strong>6-10 end of chapter questions</strong> <p style="text-align: left;">We’ve mentioned this several times already, but it's so crucial to <strong>test your own progress as you go along</strong>.</p> <p style="text-align: left;">You don’t want to spend hours and hours studying and then find that you lack knowledge about something in the earlier chapters, so this is exactly why we've prepared an additional ten chapter questions for you to complete.</p> <p style="text-align: left;">You can assess your knowledge of the theory included in each chapter's video.</p> <p style="text-align: left;">These TYU (<strong>Test Your Understanding</strong>) questions are in addition to our mocks and question bank.</p>
Chapter 1
Chapter 1
Chapter 1
Flashcards per chapter
<strong>Flashcards per chapter</strong> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Flashcards are a brand new concept we have recently developed to help you study.</li> <li data-list="bullet" style="text-align: left;">They should <strong>help you revise the theory</strong> after each chapter with ease.</li> <li data-list="bullet" style="text-align: left;">We've created around <strong>10 questions per chapter</strong> for you to answer, which, in turn, will help you to ensure that you fully understand the concept.</li> </ul>
Chapter 1
Chapter 1
Chapter 1
Summary notes (pdf)
<strong>Summary notes (pdf)</strong> <p style="text-align: left;">If you have seen the size of the official F2 study book and felt even slightly overwhelmed, our summary notes will be the perfect solution for you.</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">We've <strong>summarised the latest Kaplan resources</strong> using our own words.</li> <li data-list="bullet" style="text-align: left;">We've studied the science of learning and we've realised that not only do you need quality materials, but also they need to be <strong>visually appealing</strong> so that you stay motivated throughout your study phase, which we pride ourselves on.</li> <li data-list="bullet" style="text-align: left;">Our materials not only summarise the theory needed to pass your F2 exam, they're also filled with <strong>lots of examples and images</strong>. Sometimes a picture is worth more than a thousand words.</li> <li data-list="bullet" style="text-align: left;">Also, let's not forget about <strong>bullet points,</strong> which are proven to increase your brain's retention of the materials.</li> </ul> <p style="text-align: left;">Don't take our word for it - check it out yourself!</p>
Chapter 1
Chapter 1
Chapter 1
Complete mock walkthrough video
<strong>Complete mock walkthrough video</strong> <p style="text-align: left;">Practice is key!</p> <p style="text-align: left;">This is another useful resource for you. We've taken Mock #4 and <strong>analysed every question from it in a video format</strong>.</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Our tutor shows you exactly how you should be approaching each question.</li> <li data-list="bullet" style="text-align: left;">You’ll also find some additional theory included</li> <li data-list="bullet" style="text-align: left;">We've split the videos into easy to digest videos</li> <li data-list="bullet" style="text-align: left;">Questions have been grouped into chapters so it is easier for you to analyse them.</li> </ul>
Online access to Kaplan study book
<strong>Online access to Kaplan study book</strong> <p style="text-align: left;">For our <strong>Ultimate</strong> Package users, we will provide you with the <strong>original Kaplan study ebook</strong>.</p> <p style="text-align: left;">Please do keep in mind that Kaplan will provide you access via their platform, which can take no more than up to 72 hours (a process that applies if you buy the book directly from their website).</p>
Ultimate only
Revision passcards and 200+ extra questions
<p>Revision module is included for Ultimate Package users.</p> <p> </p> <p>This includes the <strong>r</strong><span style="font-family: inherit; font-weight: bolder;">evision revision cards</span><span style="font-family: inherit; font-weight: var(--bs-body-font-weight);"> </span><span style="font-family: inherit; font-weight: var(--bs-body-font-weight);">- visual summaries of the theory included in the CIMA F3 paper.</span></p> <p> </p> <p>This module will help to recap on crucial information of important topics in the syllabus.</p> <p>Our revision module, which is included for Ultimate Package users, contains an additional <strong>200+ questions</strong> <strong>and answers</strong>, which allows you to revise your knowledge all over again, chapter by chapter.</p>
Ultimate only
Email Course Reminders
<strong>Email Course Reminders</strong> <p style="text-align: left;">As standard, you will be subscribed to our <strong>newsletter</strong>, where we share plenty of <strong>useful F2 information, exam tips, motivational articles</strong> and so much more!</p> <p style="text-align: left;">Our <strong>guided articles </strong>are aimed at making you feel more prepared and confident on exam day, so scroll through and see if you can find snippets of information to support your studies.</p>
Personal Tutor Guidance
<strong>Personal Tutor Guidance</strong> <p style="text-align: left;">Within the ultimate package, a <strong>dedicated tutor </strong>is assigned to your account to guide you through every step of the way. This includes:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Monthly direct tutor progress checks; our tutor will write you personalised emails with tips on what to do next, what to work on or where to improve.</li> <li data-list="bullet" style="text-align: left;">An open line of communication with your tutor directly via our widget.</li> <li data-list="bullet" style="text-align: left;">A CIMA expert with an excellent reputation; here at the academy, you are in the safest hands 🥰.</li> </ul>
Ultimate only
5* Tutor Support
<strong>5* Tutor Support</strong> <p style="text-align: left;">If there is anything in our questions or mocks that you don't understand, <strong>reach out directly to our tutors for clarification</strong> and they will respond to you, usually within 48 hours.</p> <p style="text-align: left;">If you cannot fully understand a particular answer that we have provided, simply:</p> <ul style="margin: 10px 0px 0px -20px;"> <li data-list="bullet" style="text-align: left;">Click on the button at the end of the question page to ‘ask a tutor’</li> <li data-list="bullet" style="text-align: left;">Complete your question / query and submit it</li> <li data-list="bullet" style="text-align: left;">Wait for direct tutor response</li> <li data-list="bullet" style="text-align: left;">Feel free to ask the tutor for further clarification, if needed</li> <li data-list="bullet" style="text-align: left;">Continue your revision with ease</li> </ul> <p style="text-align: left;">There’s nothing worse than misunderstanding a calculation and not knowing the reason behind it, which is exactly why we introduced this function to all of our students in the first place.</p>
7 Day Money-Back Guarantee
<strong>7 Day Money-Back Guarantee</strong> <p style="text-align: left;">We also offer a <strong>7-Day Money Back</strong> <strong>Guarantee</strong>. You are 100% safe to try any of our F2 packages. That's all we're suggesting. Simply try it for 7 days to see if it works for you. If it does, then we are certain you'll be delighted!</p>
Pass Assurance
<strong>Pass Assurance</strong> <p style="text-align: left;">Our <strong>pass assurance</strong> means that in the rare event that you fail an exam while you are subscribed to our package, we will extend it to the next exam window for you.</p> <p style="text-align: left;">We are so confident in our packages that we doubt you will fail, but just in case, we are here to provide that additional assurance.</p>
£0

Take the risk-free path to CIMA F2 exam success!

Are you looking for a secure and risk-free way to prepare for the CIMA F2 exam? You’ve come to the right place – Practice Tests Academy has got you covered! Our high-quality preparation packages, including video courses, practice kits, and mocks, will arm you with the knowledge and confidence you need to pass with flying colours.

Don’t just take our word for it – try our package risk-free for 7 days. If you’re not completely satisfied with your purchase, we’ll refund your money, no questions asked. Our team is always here to assist you every step of the way. Contact us via email, and we’ll instantly put in a refund request to the accounts.

Of course, we’re confident that you won’t need to take advantage of our refund policy. With Practice Tests Academy by your side, you can prepare for your CIMA F2 exam with total peace of mind and complete confidence in your abilities.

Trust us to help you achieve Your F2 exam success with ease!

Don’t just take our word for it – try our package risk-free for 7 days. If you’re not completely satisfied with your purchase, we’ll refund your money, no questions asked. Our team is always here to assist you every step of the way. Contact us via email, and we’ll instantly put in a refund request to the accounts.

Of course, we’re confident that you won’t need to take advantage of our refund policy. With Practice Tests Academy by your side, you can prepare for your CIMA F2 exam with total peace of mind and complete confidence in your abilities.

Trust us to help you achieve Your F2 exam success with ease!

Justyna
Wachulka-Chan

CEO and Founder of Practice Tests Academy

Justyna Wachulka-Chan 4

Justyna
Wachulka-Chan

CEO and Founder of Practice Tests Academy