F2 Syllabus Overview - CIMA

1 F2 Syllabus Overview Created by: Global CGMA University and Academic Center of Excellence Global CGMA University and Academic COE. We attract, inspire and engage the next generation of cima members and CGMAs by increasing awareness among academics and university students through identification of best practices, training, resources and communications, working in partnership with the regions.. Global CGMA University and Academic Center of Excellence (COE). The Association of International Certified professional Accountants Global CGMA University and Academic COE.

2 The COE's role Establish consistent global strategy & performance for academic relations that compliments country efforts Provide partnership & support Develop best practices & tools Align priorities & interests Develop operational efficiency 3 Global CGMA University and Academic COE. What is this document about? This document is part of a series All resources found in this that was developed to provide document can be shared with reading materials, case studies, faculty members and students. videos, podcasts and other resources that are relevant to a Each resource has a link to the specific exam in the 2019 cima webpage for ease of access.

3 professional qualification (PQ). Just click on these icons when you see them in the following These resources are aimed to slides: help you understand more about the topics within a specific exam. 4 Global CGMA University and Academic COE. The Financial Pillar Global CGMA University and Academic COE. 2019 cima professional qualification Framework Financial Pillar 6 Global CGMA University and Academic COE. Summary of the Financial Pillar Communicate How do we How do we How does and report on prepare interpret financial the vision financial financial strategy drive through a statements?

4 Statements and the ambitions of financial lens. use them to the support organization? strategy? 7 Global CGMA University and Academic COE. What changed in F2? 2015 Syllabus 2019 Syllabus F2: Advanced F2: Advanced Financial Reporting Financial Reporting A. Financing capital A. Sources of long- projects term finance B. Financial reporting standards B. Financial reporting C. Group accounts D. Integrated reporting New C. Analysing financial statements E. Analysing financial statements 8 Global CGMA University and Academic COE.

5 F2: Structure and outline Exam weighting: 25%. Financial reporting standards for preparing group accounts Exam weighting: 15% Exam weighting: 10%. Exam weighting: 25%. Financing Integrated reporting Prepare group accounts for capital in a multi- stakeholders projects stakeholder world Analyse financial statements to provide insights Exam weighting: 25%. 9 Global CGMA University and Academic COE. CGMA competencies in a digital world The competency framework reflects our findings on how finance professionals are expected to apply accounting and finance skills within the context of the business/.

6 Organisations in which they operate. It also reflects for the first time how technology and a digital mindset will be required to affect and influence their own decisions, actions and behaviours and those of their colleagues within the wider organisation. 10 Global CGMA University and Academic COE. Exam blueprint Global CGMA University and Academic COE. The F2 exam blueprint For the first time, under the The blueprints will only be updated 2019 cima professional applicable to exams scheduled qualification , cima is publishing under the 2019 professional examination blueprints based on the Syllabus which set out in detail qualification .

7 What is examinable in each of the nine Objective Tests and three Case Study examinations. Management Level Exam Blueprint The Blueprints will be published annually, and provide information about the format, structure and weightings of the assessments. 12 Global CGMA University and Academic COE. Key features of the blueprints Updated annually 3 documents, one per level 4 sections Overview Case study exam business simulation Objective test representative tasks Appendices (formulas etc.). Global CGMA University and Academic COE.

8 F2 exam dates F2 exams under the Scheduling of updated PQ commences F2 exam under More the 2019 PQ timeline starts 4 Nov 2019. 1 Aug 2019. 14 Global CGMA University and Academic COE. Exam Overview Skill level Exam format Pass rates Remembering Objective test cima will publish updated objective test On-demand pass rates every quarter following the Understanding Computerised release of pass rates for case study Application 60 questions exams. 90 minutes 15 Global CGMA University and Academic COE. Examination purpose The Objective Tests assure that learners have acquired the fundamental knowledge, skills and techniques for the role that will be simulated in the culminating Case Study Examination.

9 The Objective Tests will cover all areas of the Syllabus and will ensure that learning has taken place across the breadth of the Syllabus . The Objective Tests at the management level are weighted towards remembering, understanding and application with analysis and evaluation in highly structured scenarios. 16 Global CGMA University and Academic COE. I can statements In the exam blueprint, you will I can Great! We are find representative task evaluate the hiring someone statements. cost and who can . benefit of . Each statement is a plain English description of what a cima .

10 Finance professional should know and be able to do I can .. Student Employer 17 Global CGMA University and Academic COE. I can statements (cont'd). The content and skill level determine The task statements in the blueprint the language and verbs used in the are representative and are not representative task. intended to be (nor should they be viewed as) an all-inclusive list of cima will test up to the level of the tasks that may be tested on the task statement in the objective test Examination. (an objective test question on a particular topic could be set at a The number of tasks associated with lower level than the task statement in a particular content group or topic is the blueprint).