The F2 exam is the official CIMA (Chartered Institute of Management Accountants) exam behind the CGMA Professional Qualification (CIMA Qualification) - Management Level certification, validating the skills measured by the CIMA Advanced Financial Reporting credential. It sits at the Professional level of the CIMA (Chartered Institute of Management Accountants) certification program. It also connects to CIMA Management Level, CIMA E2 Enterprise Management, CIMA P2 Advanced Management Accounting, so the knowledge you build here carries over to those tracks as well.

The F2 exam contains 60 (objective test, multiple choice) questions to be completed within 90 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the ActualVCE test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.

The passing score for the F2 exam is 100/150 (scaled score), and the official registration fee is Varies by region (approximately GBP 120–180). Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 212 practice questions on ActualVCE, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.

No strict prerequisite; typically taken within CIMA Management Level (E2, P2, F2) progression after or alongside Operational Level Requirements can change when CIMA (Chartered Institute of Management Accountants) revises its certification program, so confirm the current eligibility rules on the official exam page before you register.

You can book the CIMA Advanced Financial Reporting exam through the official registration channels below:

• CIMA Exam Booking
• CIMA Official Qualification Information

CIMA (Chartered Institute of Management Accountants) recommends the following training resources for the CIMA Advanced Financial Reporting exam:

• CGMA Official Learning Resources
• Kaplan CIMA Courses
• BPP CIMA Training

Official courses build the foundation; the 212 practice questions from ActualVCE then show you how that knowledge is examined, so the two work best together.

Yes. ActualVCE provides a free F2 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if CIMA revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.

Every CIMA Advanced Financial Reporting purchase on ActualVCE is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.

Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.

The CIMA Advanced Financial Reporting exam blueprint is organized into 5 domains. The first three are:

• Group Financial Statements
• Specialised Financial Reporting Topics
• Interpretation of Financial Statements

For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.