Operational Level

F1 Objective Test

Financial Reporting: Learn how to prepare basic financial statements using financial reporting standards.

  • 29 hours of course content
  • Applied theory sessions
  • Mock exams on current pre-seen
  • ACCA exam debrief lectures
  • 100s of Practice Questions
  • 250 exam-grade questions
  • Specimen exam debriefs
  • 130 exam-grade questions
  • Award-winning training
  • Integrated exam scenarios
  • Downloadable course notes
  • 200 exam-grade questions
  • 205 exam-grade questions
  • 200 exam-grade questions
  • Mock exam debrief lectures
  • Exam debrief lectures
  • Condensed review sessions
  • Buy and start studying immediately
  • Exam debief lectures
  • Mock exam debriefs

Start learning from only £149.

Your Tutor

James Griffiths

With nearly 30 years in teaching financial accounting for ACCA and CIMA, James Griffiths excels at simplifying complex topics. He instructs ACCA FA and FR, along with CIMA F1 and F2 at VIVA, and applies F1 and F2 theories to CIMA OCS and MCS courses.

Core Features & Benefits

Financial Reporting: Learn how to prepare basic financial statements using financial reporting standards.

On-demand Video Lectures

HD video lectures covering the entire syllabus delivered by expert tutors. Crisp audio and vivid examples, accessible from anywhere.

100s of Objective Questions

Engage with CIMA-grade exam questions in our Objective Test courses. Face tough questions, refine skills with 5 Mock Exams, and transform your study into training.

Best-in-class Mock Exams

Prepare with realistic exams written by CIMA writers for each exam window. Our online simulator offers real test conditions to practice with precision. Model answers included.

Full Syllabus Course Notes

Download detailed course notes on the complete syllabus. Crafted with clarity, these concise and clear guides are filled with real-world examples.

Unlimited Access

When you buy an individual standard course, you get access to that course forever. With any future syllabus updates automatically added.

24/7 Support

Contact our student support team any time if you have technical issues with your course or doubts about your access.

Structured Study Plan

VIVA's courses are structured in manageable unit by unit blocks. Your progress is saved automatically so you can resume where you stopped.

Mock Exam Debriefs

Your tutor walks you through every question from the ACCA AFM practice and specimen exams, explaining how you should answer on exam day.

Latest Syllabus Updates

All our courses are updated to reflect the latest syllabi. Any updates to courses you have access to are incorporated free of charge.

True Subject Experts

VIVA only works with elite tutors from across the UK and Ireland - from university lectures to former Big 4 managers and company directors.

Exam debrief lectures

Your tutor walks you through four ACCA AAA past papers, explaining in detail how you should answer such questions on exam day.

Exam Debrief Lectures

Your tutor walks you through every question from two ACCA SBR specimen exams and one mock exam, explaining how you should answer on exam day.

ACCA Specimen Exam Debriefs

Your tutor walks you through every question from the ACCA LW specimen exam, explaining how you should answer on exam day.

Mock Exam Debriefs

Your tutor walks you through every question from two ACCA TX mock exams, explaining how you should answer on exam day.

OT Theory Reviews

We cover every student profile, even those with exemptions. Our handy on-demand theory review lessons guide you on the key topics and theories you need to familiarise yourself with.

Applied Theory

Our famous E/F/P Applied sessions identify the key theories from your OT studies, and model how to apply them in your answers on exam day.

Specimen Exam Debriefs

Your tutor walks you through every question from the ACCA AA specimen exam, explaining how you should answer on exam day.

Why VIVA?

  • Multi-award winning accountancy tuition - VIVA has won and been nominated for several prestigious awards since its founding, including the CIMA Global Pass Rate Excellence Award and the PQ Magazine Awards.
  • Accredited provider - VIVA is officially recoginsed by both ACCA and CIMA as an accredited tuition provider, meaning you're getting content and coverage that you can trust.
  • Groundbreaking value - born online, VIVA's unique scaled delivery model ensures you get direct access to the world's best tutors without being charged to cover bloated overheads as with traditional providers.
  • Student satisfaction - we prefer to let our students do the talking. Check out what they're saying about VIVA and why they rate us 4.9 out of 5 here.
  • Flexible payment and study plans - VIVA offers several study options, including individual courses, instalment plans and our famous All Access yearly subscriptions.

Course Syllabus

F1 Objective Test covers financial reporting & operations: delve into the nuances of financial statements and corporate structure..

Pre-course work

1.5 hours of tuition
Objective Test Success
F1 Overview Videos

Week 1

2 hours of tuition
Regulatory Environment and Corporate Governance

Week 2

10 hours of tuition
The Conceptual Framework
Non-current Assets
Leases
Other Accounting Standards
Presentation of Published Financial Statements
Statement of Cash Flows

Week 3

4.5 hours of tuition
General Principles of Taxation
Direct Taxation
International and Indirect Tax

Week 4

4.5 hours of tuition
Working Capital and the Operating Cycle
Receivables, Payables and Inventory
Managing Cash

Week 5

7.5 hours of tuition
Mock Exam 1
Mock Exam 2
Mock Exam 3
Mock Exam 4
Mock Exam 5

Week 6

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Week 7

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Week 8

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course pricing

Single Course or All Access

F1 Objective Test

Standard Course

On-demand tuition to get yourself exam ready. Ideal for those who require a flexible learning schedule.

  • Full up-to-date syllabus coverage (2024 - 2025)
  • On-demand video lectures
  • 200+ exam-grade practice questions
  • Applied theory sessions
  • Integrated exam scenarios
  • Past paper debrief lectures (16 hours)
  • Mock exam debrief lectures
  • 100s of practice questions
  • Downloadable lesson notes
  • 200 exam-grade practice questions
  • 250 exam-grade questions
  • Specimen exam debrief lectures
  • 205 exam-grade practice questions
  • 130 exam-grade practice questions
  • Mock exam debrief lectures
  • Course access unlimited
  • New features coming soon (added free of charge)
E1
E2
E3
P1
P2
P3
F1
F2
F3
OCS
MCS
SCS

All 12 Courses

CIMA All Access

12-month subscription to all 12 Standard Courses. Ideal for those planning to take 2+ exams over the next year.

  • All 12 CIMA standard courses
  • Full up-to-date syllabus coverage
  • 287 hours of on-demand video lectures
  • Integrated exam scenarios
  • 1,860 exam-grade practice questions
  • Downloadable lesson notes
  • New features coming soon (added free of charge)
E1
E2
E3
P1
P2
P3
F1
F2
F3
OCS
MCS
SCS
£399
£399
chosen by professionals

Trusted by over 10,000 students

Suzanne Robinson

Despite very difficult personal circumstances, with VIVA's help I managed to not only pass the SCS but to achieve my highest case study score from the 3 levels. Please keep doing what you do as it's so good!

Maria

I have had access to multiple other well known providers of ACCA courses, and I find the VIVA videos are so much better presented, the course material is more clearly explained and the tutors are real tutors, unlike some other providers using a computer generated voice. Absolutely, after 6 months of comparing providers, VIVA is the best.

Andrew Sherwood

I passed my OCS with a scaled score of 137 and got a letter from CIMA saying that I obtained the joint third position for the February 2019 case study and I believe that VIVA's materials really helped to make this possible.

Autumn Bressington

VIVA were absolutely key in my CIMA Case Study exam - where I received first position in the world! I felt extremely supported with VIVA throughout the course, and would recommend them to anybody. I just wish I had found them much earlier in my studies!

Tom Wathey

I would highly recommend VIVA Financial Tuition to any CIMA student looking to achieve a high grade in their exams. Their courses offer remarkable value for money when compared to some of the traditional tuition providers. (World Prizewinner 2017)

Edache Harmony

I want to thank VIVA for bringing to a successful end my study journey. I only wish I knew about VIVA earlier! Since using VIVA, I have passed my final exams.

Emma Newton

I have used VIVA for all three Case Studies, passing first time on all three. I could not have done it without VIVA's help! Hands down, the best resource out there for CIMA Case Studies.

Rafaela Baraldi

Before I signed up with VIVA's Elite course I was already enrolled with another tuition provider, and the way VIVA runs this course is 100x better! I will highly recommend you to my coworkers who are early in their CIMA journey.

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