CIMA F2: Advanced Financial Reporting
CIMA F2 discusses the various forms of funds and their costs, as well as how to find long-term funding sources to support capital investment projects.
Candidates must explain and apply the financial reporting standards' recognition and measurement rules for revenue, leases, provisions, financial instruments, intangible assets, income taxes, and the effects of fluctuating foreign exchange rates.
The course covers group accounting and teaches how to compile group financial statements, explain pertinent financial reporting requirements, and talk about group disclosure difficulties. It's also necessary to comprehend integrated reporting, including the main ideas behind the International Integrated Reporting Framework.
The last topic is financial statement analysis, which offers insights into an organization's financial performance, status, and prospects over time and in comparison to its rivals.