FAC3702 Financial Reporting – Distinctive Exam Review Notes, Financial Statements, and Accounting Concepts Study Guide

FAC3702/001/3/2016




MO001/3/2016

Distinctive Financial Reporting
FAC3702

Semesters 1 & 2


Department of Financial Accounting


IMPORTANT INFORMATION:
This document contains all the tutorial matter of your learning units.



Note: This is an online module, and therefore your module is available on myUnisa.
However, in order to support you in your learning process, you will also receive some study
materials in printed format.

, FAC3702/001/3/2016



CONTENTS
INTRODUCTION 2
LECTURERS AND CONTACT DETAILS 2
LEARNING UNIT 1 4
LEARNING UNIT 2 80
LEARNING UNIT 3 125
LEARNING UNIT 4 154
LEARNING UNIT 5 190
LEARNING UNIT 6 228
LEARNING UNIT 7 230




1

,INTRODUCTION

Dear Student,

Attached please find the following learning units:

• Learning unit 1 – Property, plant and equipment (IAS 16)
• Learning unit 2 – Investment property (IAS 40)
• Learning unit 3 – Impairment of assets (IAS 36)
• Learning unit 4 – Intangible assets (IAS 38)
• Learning unit 5 – Non-current assets held for sale and discontinued operations
(IFRS 5)
• Learning unit 6 – Financial instruments: Presentation, Recognition and
Measurement (IAS 32, IFRS 7 and IFRS 9)
• Learning unit 7 – The effects of changes in foreign exchange rates (IFRS 7 IFRS 9,
IAS 21 and IAS 32)

LECTURERS AND CONTACT DETAILS

Please use only the following e-mail address for all communication with the lecturers:


SEMESTER 1:

SEMESTER 2:




Please use the following telephone number for all communication with the lecturers:


012 429-4268



Lecturers Office

Mrs M Evans AJH van der Walt Building 02-55
Mrs M Els AJH van der Walt Building 02-58
Mrs F Jaffer AJH van der Walt Building 02-57
Mr D Khumalo AJH van der Walt Building 02-43




2

, FAC3702/001/3/2016




FAC3702
LEARNING UNIT 1
PROPERTY, PLANT AND
EQUIPMENT [IAS 16]




Distinctive Financial
Reporting


Distinctive Financial


Distinctive Financial
Reporting



3