F1 Textbook Syllabus
Chapter 1
Syllabus A. Regulatory Environment Of Financial Reporting
A1. Regulators And Their Role
- Financial Statements & Accounting Standards
- Why Regulate?
- National Regulators
- The Role Of The Regulatory Systems
- IFRS AC and IFRS IC
- IOSCO
- International Integrated Reporting Council (IIRC)
- Local GAAP and IASB
A2. Corporate Governance
- Underpinning Concepts Of Governance
- Approaches to Corporate Governance
- Rules or Principles
- Diversity On Boards Of Directors
- CIMA - Fundamental Principles2:23
- Ethical Threats
- A Code Of Ethics
CIMA Podcast on Regulatory Environment
Chapter 2
Syllabus B. Financial Statements
B1. Financial Statements - The main elements
- IAS 1 (revised) Presentation of FS
- The Objectives Of Financial Reporting
- The Qualitative Characteristics Of Useful Financial Information
- Chapter 3—Financial Statements And The Reporting Entity
- Chapter 4—The Elements Of Financial Statements - Assets & Liabilities
- Chapter 5: Recognition
- Chapter 5: De-Recognition
- Chapter 6: Measurement bases2:07
- Chapter 7: Presentation and disclosure
- Chapter 8: Concept of capital maintenance
B1. CIMA Podcast on Conceptual Framework
B2a. Plant, Property & Equipment - IAS 16
- Initial Recognition of PPE
- IAS 16 Depreciation
- PPE - After Initial recognition
- Componentisation
- Capital and revenue items
- Assets Held for Sale
- Discontinued Operation
B2ac. CIMA Podcast on PPE and Impairment
B2b. Leases - IFRS 16
B2e. Events After The Reporting Period - IAS 10
All subject exam questionsB2bde. CIMA Podcast on Leases, Inventory & Events
B3. Primary Financial Statements
- Statements of financial position
- Statement of profit or loss and other comprehensive income
- Statement of changes in equity
- Cashflow Statements
- Cash paid / received0:46
- Cashflow statement - finance costs1:13
- Cashflow statement - taxation
Chapter 3
Syllabus C. Fundamentals Of Business Taxation
C1. Types of Tax
- Sources of Tax rules
- Administration of Tax
- Tax Enforcement
- Indirect Tax Features
- Indirect and Direct Tax
- Other terms
- VAT
- VAT Registration & Exemptions
- Employee Taxation
- PAYE
C1. CIMA Podcast on Types of Tax
C2. Corporate Tax
All subject exam questionsC2. CIMA Podcast on Corporate Tax
C3. Issues that affect taxation
- Tax Rate Structures
- Tax Avoidance and Evasion
- Concept of Residence
- Dividends from abroad
- Double Tax
- Types of Overseas Operations
- Tax systems
C3. CIMA Podcast on Issues that affect taxation
Chapter 4
Syllabus D. Management Of Working Capital And Cash
D1. CIMA Podcast on ST finance and ST investment
D2. Operating and cash cycles
All subject exam questionsD2. CIMA Podcast on Operating and cash cycles
D3. Working Capital
- Managing Receivables in Practice2:05
- Offering credit facilities to customers
- Early Settlement Discounts4:32
- Debt Factor6:31
- Early Settlement Discounts (Creditors)2:45
- WC Funding Policies1:54
- Overtrading3:08
- Economic Order Quantity1:42
- Cashflow Forecasts1:42
- Cash surpluses and deficits