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CIMA F1

Everything you need for the Financial Reporting and Taxation

Practice Tests Academy is your best option if you want to best prepare for the CIMA F1 Financial Reporting and Taxation exam. Our website provides a variety of study materials that will equip you with the knowledge and skills necessary to excel on the CIMA F1 exam. Our study materials are endorsed by CIMA and created by experts in the field, who possess extensive knowledge and experience in financial reporting. With our help, you will be able to confidently pass the CIMA F1 exam on your first attempt and take the first step towards your dream career.

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

  • F1 Syllabus
  • Videos
  • Question bank
  • Mocks
  • Tutor Support
  • Revision Module & Assigned Tutor

F1 syllabus

The CIMA F1 Financial Reporting and Taxation introduces the regulations which ensure that basic financial statements of different entities are comparable and present fairly the performance, position and prospects of the organisation to their users (Section A – 10%). It also requires candidates to prepare basic financial statements using financial reporting standards (Section B – 45%) and to consider the different types of corporate taxes (including international tax), Section C – 20%. Finally, F1 provides candidates with the tools to ensure that the organisation has enough cash to ensure its continuing operations (Section D – 25%).

Our team of experts have compiled a comprehensive set of questions and answers that covers all the key topics of the F1 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 attempt.

Videos

F1 Master Course
F1 Ultimate Course
If you are preparing for the CIMA F1 exam, you will find a variety of helpful resources here. Based on the summary notes of Kaplan books, our videos enable you to comprehend topics more efficiently than ever.
With visually engaging summary notes and downloadable PDFs, it is simple to compile all the necessary information and grasp the big picture without getting weighed down in the details.
In addition, our additional end-of-chapter questions and flashcards make it simple to assess and evaluate your understanding of the chapter’s key concepts.
Say goodbye to inefficient and cumbersome study methods and welcome to CIMA F1 exam success!

Question Bank

Practice Kit
F1 Master Course
F1 Ultimate Course
Do you wish to excel on the CIMA F1 exam? There is no need to look further than our question bank, which contains over 600 carefully crafted queries. You can use our question library to:
  • Chapter-by-chapter practise queries tailored to your individual preferences
  • Choose queries from any chapter to concentrate on your weak areas.
  • Drill and filter queries you missed or incorrectly answered.
  • Prepare for success on your mocks by revising with ease and assurance.
Obtaining a passing score on the CIMA F1 examination is possible if you utilise our exam-style question-based study guide. No longer need to feel intimidated by the exam.

Mocks

Mocks
Practice Kit
F1 Master Course
F1 Ultimate Course
The purpose of simulated tests is to evaluate your comprehension, identify areas for improvement, and enhance your confidence prior to the actual test. We will administer up to five simulated exams, allowing you to focus on your studies. As a supplement to the question bank, you can enhance your comprehension of the topic by completing our practise exams.
  • Depending on the bundle you select, a specific number of mocks are accessible (between 1 and 7).
  • You can evaluate and assess your knowledge by completing timed practise tests and receiving comprehensive feedback at the conclusion of each test.
  • Experience real exam scenarioTo increase your confidence and prepare, practise actual exam scenarios.

Tutor Support

All Packages
If you need further help preparing for the CIMA F1 exam, Practice Tests Academy gives you access to qualified instructors who can respond to any queries you may have. Using our convenient and adaptable ask-a-tutor feature can help you learn more effectively. If you require explanations or help comprehending a certain topic, this tool might be exactly what you need. If you want to significantly increase your chances of passing the CIMA F1 exam, don’t be afraid to use our CIMA F1 packages.

Revision & Assigned Tutor

F1 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 F1 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.

F1 syllabus

The CIMA F1 Financial Reporting and Taxation introduces the regulations which ensure that basic financial statements of different entities are comparable and present fairly the performance, position and prospects of the organisation to their users (Section A – 10%). It also requires candidates to prepare basic financial statements using financial reporting standards (Section B – 45%) and to consider the different types of corporate taxes (including international tax), Section C – 20%. Finally, F1 provides candidates with the tools to ensure that the organisation has enough cash to ensure its continuing operations (Section D – 25%).

Our team of experts have compiled a comprehensive set of questions and answers that covers all the key topics of the F1 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 attempt.

Videos

F1 Master Course
F1 Ultimate Course
If you are preparing for the CIMA F1 exam, you will find a variety of helpful resources here. Based on the summary notes of Kaplan books, our videos enable you to comprehend topics more efficiently than ever.
With visually engaging summary notes and downloadable PDFs, it is simple to compile all the necessary information and grasp the big picture without getting weighed down in the details.
In addition, our additional end-of-chapter questions and flashcards make it simple to assess and evaluate your understanding of the chapter’s key concepts.
Say goodbye to inefficient and cumbersome study methods and welcome to CIMA F1 exam success!

Question Bank

Practice Kit
F1 Master Course
F1 Ultimate Course
Do you wish to excel on the CIMA F1 exam? There is no need to look further than our question bank, which contains over 600 carefully crafted queries. You can use our question library to:
  • Chapter-by-chapter practise queries tailored to your individual preferences
  • Choose queries from any chapter to concentrate on your weak areas.
  • Drill and filter queries you missed or incorrectly answered.
  • Prepare for success on your mocks by revising with ease and assurance.
Obtaining a passing score on the CIMA F1 examination is possible if you utilise our exam-style question-based study guide. No longer need to feel intimidated by the exam.

Mocks

Mocks
Practice Kit
F1 Master Course
F1 Ultimate Course
The purpose of simulated tests is to evaluate your comprehension, identify areas for improvement, and enhance your confidence prior to the actual test. We will administer up to five simulated exams, allowing you to focus on your studies. As a supplement to the question bank, you can enhance your comprehension of the topic by completing our practise exams.
  • Depending on the bundle you select, a specific number of mocks are accessible (between 1 and 7).
  • You can evaluate and assess your knowledge by completing timed practise tests and receiving comprehensive feedback at the conclusion of each test.
  • Experience real exam scenarioTo increase your confidence and prepare, practise actual exam scenarios.

Tutor Support

All Packages
If you need further help preparing for the CIMA F1 exam, Practice Tests Academy gives you access to qualified instructors who can respond to any queries you may have. Using our convenient and adaptable ask-a-tutor feature can help you learn more effectively. If you require explanations or help comprehending a certain topic, this tool might be exactly what you need. If you want to significantly increase your chances of passing the CIMA F1 exam, don’t be afraid to use our CIMA F1 packages.

Revision & Assigned Tutor

F1 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 F1 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 F1 Exam

  • Our F1 Packages
  • Kaplan And BPP Ebooks
  • Bundles
The Ultimate Study Materials for Financial Reporting Success

CIMA F1

Course

Best Value

Comprehensive course with all-in-one resources

£159.00

What’s included

The Ultimate Study Materials for Financial Reporting Success

CIMA F1

STUDY NOTES

£15.00

What’s included

F1 Study Notes for Only £15

CIMA F1

KAPLAN EBOOKS

What’s included

Choose the right Option

CIMA F1

BPP EBOOKS

What’s included

Choose the right Option

Unlock Your Full Potential with Our Exclusive CIMA Bundle Offers!

Operational level

Mocks

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

from

£32.40

What’s included

Popular

Operational level

Practice Kits

Design your own Operational level practice kit with unrivaled question bank

from

£123.75

What’s included

Operational level

Courses

Best Value

Select your own Operational level course with all-in-one resources

from

£333.90

What’s included

With our Free CIMA F1 Bundle, you can start off on the right foot.

Unsure whether CIMA F1 is the finest option? Do not allow uncertainty and hesitancy to consume any additional time. Using our risk-free F1 package, you are able to evaluate the product’s benefits. With our reasonably priced packages’ money-back guarantee and pass guarantee, you can confidently invest in your long-term success.

You will have the best chance of passing the F1 exam if you take advantage of this opportunity to practise before you buy.

Register immediately for your free package to get started on the path to obtaining 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 F1 Packages

Take a look at what products are in each of our F1 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 F1 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 F1 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 F1 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
<strong>Revision passcards + 200 extra questions</strong> <p style="text-align: left;">Revision module is included for Ultimate Package users.</p> <p style="text-align: left;"> </p> <p style="text-align: left;">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 F1 paper.</span></p> <p style="text-align: left;"> </p> <p style="text-align: left;">This module will help to recap on crucial information of important topics in the syllabus.</p> <p style="text-align: left;">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 F1 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 F1 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

Pursue the path without risk to passing the CIMA F1 exam!

Searching for a safe and risk-free method of CIMA F1 exam preparation? Practice Tests Academy provides superb study materials. Our materials, which consist of video courses, practise materials, and simulated examinations, will equip you with the knowledge and self-assurance necessary to pass with flying colours.

Try our package risk-free for 7 days before agreeing to our terms. If you are not entirely satisfied with your purchase, we will immediately refund your money. At any stage, our team is always available to assist you. You can request a refund via email, which we will process immediately. However, we are confident that this will not be necessary.

Count on Practice Tests Academy to help you confidently pass your exams!

Try our package risk-free for 7 days before agreeing to our terms. If you are not entirely satisfied with your purchase, we will immediately refund your money. At any stage, our team is always available to assist you. You can request a refund via email, which we will process immediately. However, we are confident that this will not be necessary.

Count on Practice Tests Academy to help you confidently pass your exams!

Justyna
Wachulka-Chan

CEO and Founder of Practice Tests Academy

Justyna Wachulka-Chan 4

Justyna
Wachulka-Chan

CEO and Founder of Practice Tests Academy