CIMA® F1: Financial Reporting: the practice module

Exam body: CIMA. Verified for Operational level Examination Blueprint, Objective Tests from January 2026 to January 2027 (F1: Financial Reporting) on October 27, 2026.

What it covers

Covers: single-answer and multiple-answer multiple-choice questions written to this exam’s outline, format and timing.

Does not cover: fill in the blank (number entry), drag and drop. DoMcq practices standalone multiple-choice questions, one at a time; the real exam’s other item types are out of scope.

Question format

  • Every question has exactly 4 options.
  • One or more correct answers per question (multiple-answer stems say how many to choose, and are scored all-or-nothing unless the module says otherwise).
  • Not allowed as an option: “all of the above”, “none of the above”.

Exam mode

The real exam is 60 questions in 90 minutes. Exam mode keeps that pace for any number of questions.

Topics

The official topic list, as the exam body names it. Your questions must use these names; the coverage dashboard compares your set to each topic’s official weight.

TopicWeightSubtopics
The Regulatory Environment of Financial Reporting10%Regulators and their role · Corporate governance principles and financial reporting
Financial Statements45%The main elements of financial statements · Specific IFRS financial reporting standards · Financial reporting standards to prepare basic financial statements
Principles of Taxation20%Different types of taxes · Tax for corporates · Relevant issues that affect taxation
Managing Cash and Working Capital25%Types and sources of short term finance · Operating and cash cycles · Different techniques used to manage working capital

Trademarks

DoMcq is an independent practice tool. It is not affiliated with, endorsed by, sponsored by or approved by any exam body. Exam names are used only to say which exam a module is for. DoMcq holds no exam content: a module is the exam body's published topic names, the question format, the exam's timing, its published weights and a prompt, and every question in DoMcq is a student's own. The marks below belong to their owners. Trademarks

DoMcq is an independent practice tool and is not affiliated with, sponsored by or endorsed by The Chartered Institute of Management Accountants (CIMA) or the Association of International Certified Professional Accountants; the names are used only to identify the exam. CIMA® is a trademark of The Chartered Institute of Management Accountants, registered in the US, the EU, the UK and other countries. The topic names, subtopic names and weights are from the Examination Blueprints CIMA publishes; source: AICPA & CIMA, https://www.aicpa-cima.com.

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Practice the questions you already have: a PDF or Word file of multiple-choice questions, from a class or a study group, becomes a timed practice test here, with your own AI doing the copying. Every step, with pictures: How to turn a PDF or Word file of multiple-choice questions into a timed practice test.

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