The CIMA Professional Qualification is recognised worldwide as the most relevant global finance qualification for a career in business and finance. In the Financial Reporting and Taxation module F1, you will look at how the preparation of financial statements is regulated by laws, standards, and accounting principles. You will also learn who the regulators are, what they do, as well as why and how the regulations are applied. By the end of this course, you should have a strong foundation for preparing and interpreting financial reports.
This is one of the 12 modules you need to complete in order to achieve the CIMA Professional qualification. By successfully completing the Financial Reporting and Taxation module F1 exam, you will be one step closer to achieving the CIMA Professional Qualification.
On completion of the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation. This showcases your professionalism, business and leadership skills, ethics, and commitment.
It is ideal for:
- Students who want to develop their accounting and finance knowledge.
- Those aspiring to work or progress their career in accounting, finance, or bookkeeping.
Future career options:
- Chartered accountant
- Finance manager
- Management accountant
- External auditor
- Forensic accountant
- Internal auditor
- Business analyst
Join over 110,000 other students who chose to improve their education and boost their employability through distance learning.
Varies depending on enrolment date.
At the end of this module successful learners will receive a pass in the Financial Reporting and Taxation module.
You must have a CIMA certificate in Business Accounting, a degree in business or accounting or an AAT Level 4 diploma as well as 3 years of relevant practical experience, which can be gained before, during or after studies.
You will need to sit a computer-based objective test at the end of the module.