CIMA F2 study plan

Map the F2 syllabus weightings for Advanced Financial Reporting and rank the five heaviest technical areas by exam frequency

Build a one-page formula and standards sheet covering consolidation mechanics, deferred tax, and financial instruments

Work through 15 consolidation adjustments (goodwill, NCI, intra-group eliminations) and log every error by cause

Draft a personal weak-area register with at least eight named topics scored on a 1-5 confidence scale

Compute group retained earnings, goodwill with impairment, and non-controlling interest under both full and proportionate methods

Reconcile fair value adjustments on acquisition including contingent liabilities and intangible recognition

Explain the treatment of step acquisitions and disposals of controlling interests

Complete 20 group-structure computations under timed conditions

Prepare a full consolidated statement of financial position from a parent and subsidiary trial balance in under 40 minutes

Handle mid-year acquisitions, dividends, and post-acquisition reserve movements correctly

Apply equity accounting to associates and joint ventures, including impairment of the investment

Identify the three errors you repeat most and write a prevention rule for each

Compute deferred tax on temporary differences including revaluations, development costs, and unrealised intra-group profit

Apply IAS 12 and IAS 37 recognition criteria to provisions, contingencies, and restructuring

Work 25 mixed objective-test questions on deferred tax and provisions with explanations for each wrong option

Summarise the difference between taxable and accounting profit in your own words

Classify financial instruments as amortised cost, FVOCI, or FVTPL using the business model and cash flow tests

Compute effective interest amortisation, expected credit losses, and gains on FVOCI equity instruments

Explain the split of convertible debt into liability and equity components with a worked numerical example

Distinguish lessor and lessee accounting under IFRS 16 including sale and leaseback

Apply IAS 36 impairment testing to cash-generating units including allocation to goodwill and NCI

Compute impairment reversals and state which assets may not be reversed

Analyse revenue recognition under IFRS 15 for multi-element contracts with variable consideration

Complete 20 objective-test questions on impairment and revenue under timed conditions

Interpret and adjust a full set of published financial statements including ratio and cash flow analysis

Compute and explain the effect of changes in accounting policy, estimate, and prior period error under IAS 8

Prepare a statement of cash flows for a group with acquisitions and foreign exchange movements

Practise two long-form constructed-response questions under full exam time

Sit one full mock under exam conditions and record a section-by-section score

Re-teach your five weakest topics aloud or in writing without notes

Rework every question missed in weeks 1-7 and confirm each is now correct

Build a final one-page exam-day checklist of standards, formats, and timing rules