Fac 3701 Study guides, Class notes & Summaries

Exam (elaborations) FAC 3701 Tutorial Letter 202/1/2017 General Financial Reporting FAC3701 Semester 1 Department of Financial Accounting

Summary FAC 3701 Assignment 1 Semester 1 & 2 2021 100% TRUSTED workings, explanations and solutions.

FEEDBACK ON PREVIOUS EXAMINATION PAPERS OCTOBER / NOVEMBER 2011 SOLUTION 1: ACCOUNTING POLICIES, HANGERS IN ACCOUNTING ESTIMATES AND ERRORS, IAS 10 (AC107) – EVENTS AFTER THE REPORTING PERIOD 1AS12 (AC102) – INCOME TAXES AND IAS 18 (AC111) REVENUE Question 1.1. Calculation of corrected profit before Tax of rainbow Limited for the year ended 28 February 2011 R Provisional profit 690 000 Cash on delivery sales – reversed (40 000) Credit loss [ 10 000 – 0.10) (9000) Change in ac...

Students who have completed this module successfully will be able to prepare a set of financial statements of companies in accordance with International Financial Reporting Standards with specific reference to:  Income Taxes (IAS 12 and FRG 1)  Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)  Conceptual Framework for Financial Reporting 2018  Preface to International Financial Reporting Standards  Presentation of Financial Statements (IAS 1)  Eve...

Summary FAC 3701 FAC 3701 Lecture Notes

FAC 3701 ASSIGMENT 2 SEMESTER 1 2021 - ANSWERS

With my passion to change the world through education, I decided to diligently prepare the attached assignments. The more educated we are the the better world we create for the future generations

1. The following information regarding the property, plant and equipment of Kanton Ltd is an extract from the asset register after the recording of all the asset transactions for the year: Cost 1/01/20.3 R Carrying amount 31/12/20.4 R Carrying amount 31/12/20.5 R Depreciation rate Tax base 31/12/20.4 R Tax base 31/12/20.5 R Tax allow -ance Plant and equipment Motor vehicles 200 000 120 000 160 000 60 000 140 000 20 000 10% straight -line 25% straight -line ...

FAC3701 EXAM REVISION TOGETHER WE PASS Tel: 021 958 2567 © 2016 Together We Pass. All rights reserved. WELCOME If you are reading this message then you are doing (FAC3701) with UNISA. These are being compiled by our Together We Pass team for our students who are registered for FAC3701 this term, and will be built upon year on year to create the best set of questions, with suggested solutions, with the possibility of including hints and tips in the future. Please note that this i...

Solutions to assignment 1 for Semester 2 with full calculations