CIMA F2 exam dumps : Advanced Financial Reporting

  • Exam Code: F2
  • Exam Name: Advanced Financial Reporting
  • Updated: Oct 24, 2026     Q & A: 212 Questions and Answers

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About CIMA F2 Exam

Reading notes is one thing; sitting a timed exam is another. The PracticeTorrent test engines recreate the rhythm of the F2 exam with timed practice sessions, so nothing on exam day feels unfamiliar. Combined with 212 practice questions, it is the closest rehearsal available in 2026.

CIMA F2 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:Advanced Financial Reporting
Exam Number:CIMAPRA19-F02-1
Real Exam Qty:60
Passing Score:100/150 scaled score (~67%)
Related Certifications:CIMA Operational Level
CGMA Designation
CIMA Strategic Level
Exam Format:Number entry, Drag and drop, Multiple response, Multiple choice, Computer-based objective test
Certificate Validity Period:Valid while progressing through qualification; no fixed expiry
Exam Duration:90 minutes
Available Languages:English
Exam Price:Approx. £195 / $250–$295 USD (varies by region)
Recommended Training:CGMA Study Hub
CIMA Official Study Texts
Exam Registration:Official CIMA Registration
Pearson VUE Booking
Sample Questions:Free Download F2 exam dumps pdf
Exam Way:On-demand computer-based test; available at Pearson VUE test centers worldwide or online proctored
Pre Condition:Completion of CIMA Certificate in Business Accounting or equivalent; CIMA Operational Level (E1, P1, F1) required
Official Syllabus URL:https://www.cimaglobal.com/study-exams/our-exams/management-level/f2/

CIMA F2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Integrated Reporting10%- Integrated reporting framework
- Sustainability and non-financial disclosures
Topic 2: Financing Capital Projects15%- Capital structure theories
- Sources of long-term finance
- Cost of capital calculations
Topic 3: Analysing Financial Statements15%- Impact of accounting policies
- Ratio analysis and interpretation
- Limitations of financial analysis
Topic 4: Financial Reporting Standards25%- IFRS framework and application
- Leases (IFRS 16)
- Revenue recognition (IFRS 15)
- Financial instruments (IFRS 9)
Topic 5: Group Accounts35%- Associates and joint ventures
- Foreign currency consolidation
- Consolidated financial statements
- Goodwill and non-controlling interest

CIMA F2 Exam — Answers to Your Questions

The CIMA Advanced Financial Reporting (exam code F2) is the exam you pass to earn the CIMA Advanced Diploma in Management Accounting / CGMA Management Level certification, a credential at the Management Level level. It is also connected with related credentials such as CIMA Operational Level, CIMA Strategic Level, CGMA Designation. If you are mapping out a certification path with CIMA, this exam is a milestone worth planning around.

The F2 exam includes 60 questions, and you have 90 minutes to complete them. With that many questions on the clock, pacing is part of the challenge: divide your time into rough blocks as you go, and flag the items that stall you so you can circle back at the end instead of burning minutes on a single question. A week or two before your exam date, sit at least one full timed session in the PracticeTorrent test engine under the same time limit, so the pace feels familiar rather than frantic on the day.

You need 100/150 scaled score (~67%) to pass the F2 exam, and the official registration fee is Approx. £195 / $250–$295 USD (varies by region). That fee is due again in full for every retake, which makes thorough preparation the cheaper investment by far. Before you book your seat, test yourself with the PracticeTorrent practice questions until you are scoring comfortably above the passing mark on a consistent basis — it is the simplest way to avoid paying for the same exam twice.

Completion of CIMA Certificate in Business Accounting or equivalent; CIMA Operational Level (E1, P1, F1) required

Eligibility rules can be adjusted by CIMA over time, so before you register, confirm the current requirements on the official exam page: view the official F2 exam information.

You can book the F2 exam through the official registration channels below:

How the exam is taken: On-demand computer-based test; available at Pearson VUE test centers worldwide or online proctored.

CIMA lists the following official training options for candidates preparing for this exam:

Once you have worked through the training, measure your readiness with the 212 practice questions from PracticeTorrent — they show you exactly which topics still need attention before you book the exam.

Yes. PracticeTorrent offers a free PDF demo of the F2 practice questions, so you can judge the quality of the material firsthand before paying anything. Every purchase also includes 365 days of free updates — if CIMA changes the exam during that year, your material changes with it. And when the free update period expires, you can extend it at a 50% discount from within your member zone.

Every F2 purchase at PracticeTorrent is backed by a 100% Money Back Guarantee: if you take the corresponding exam within 60 days of your purchase and do not pass, you can apply for a full refund. The guarantee has clear conditions — it does not apply if you sit the exam within 3 days of purchase, if you downloaded the material but never actually took the exam, or to free materials and expired orders, and the candidate name must match the payer name. To file a claim, send a scan of your exam enrollment slip together with your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. If you would rather not take a refund, you can exchange the product instead and receive two additional exam preparation products of equal value for free, while your original product keeps its update service. Delivery itself is instant: your material is available for download right after payment and is also sent to your email within one minute — if it has not arrived within 2 hours, contact our customer service. There is no limit on how many computers you can install it on.

The official CIMA Advanced Financial Reporting outline divides the exam content into 5 main domains. The first three are:

  • Analysing Financial Statements — 15%
  • Integrated Reporting — 10%
  • Financial Reporting Standards — 25%

That is only the headline view — scroll back up to the Exam Topics section on this page for the complete domain-by-domain breakdown before you plan your study schedule.

CIMA Advanced Financial Reporting Sample Questions:

Question #1

LM is preparing its consolidated financial statements for the year ended 30 April 20X5. During the year LM acquired 30% of the equity shares of AB giving it significant influence over AB.
LM conducted ratio analysis comparing the financial performance of the group for 30 April 20X4 and
20X5.
Which of the following ratios would not be comparable as a result of the acquisition of AB?

  • A. Earnings per share.
  • B. Return on capital employed.
  • C. Operating profit margin.
  • D. Interest cover.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

EF have just paid a dividend of 20 cents a share and the current share price is $3.75. EF regularly reinvests 40% of its profit for the year and generates a return on reinvested funds of 12%.
The cost of equity for EF using the dividend valuation model is:

  • A. 10.4%
  • B. 12.9%
  • C. 13.2%
  • D. 10.7%
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

GH's financial statements show the following:
What is the value of the dividend received from the associate to be included in GH's consolidated statement of cash flows for the year?
Give your answer to the nearest $000.
$ ? 000

Reveal Solution  Discussion  0

Correct Answer:

300, 300000

Question #4

Which of the following should be eliminated when using the equity method to account for associates in a parent's financial statements?
Select ALL that apply.

  • A. Intra-group balances and transactions
  • B. Dividends from associates
  • C. Goodwill payments
  • D. Unrealised profits
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Question #5

Information from the financial statements of an entity for the year to 31 December 20X5:

The gearing ratio calculated as debt/equity and interest cover are:

  • A. gearing of 16% and interest cover of 6.
  • B. gearing of 15% and interest cover of 6.
  • C. gearing of 15% and interest cover of 4.
  • D. gearing of 16% and interest cover of 4.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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