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FAC3703 EXAM PACK
2025/2026 –
QUESTION & ANSWERS
QUESTIONS & ANSWERS
, lOMoARcPSD|18998289
CONFIDENTIAL
Page 1 of 13
FAC3703
19/05/2025
UNIVERSITY EXAMINATIONS
May/June 2025
FAC3703
SPECIFIC FINANCIAL REPORTING
100 Marks
3 Hours
30 minutes for uploading
UNIVERSITY EXAMINERS
Use of a non-programmable pocket calculator is permissible.
THIS PAPER CONSISTS OF THIRTEEN(13) PAGES
PLEASE NOTE:
1. This is a closed book examination.
2. The paper consists of THREE (3) questions.
3. All questions must be answered.
4. All calculations must be shown.
5. Each question attempted, must commence on a new page.
6. PROPOSED TIME-TABLE: (Avoid deviating from this as far as possible.)
Question Subject Marks Time
number (minutes)
1 Related Parties 12 22
2 Financial Instruments and Borrowing Costs 48 86
3 Employee Benefits and Leases 40 72
TOTAL 100 180
Downloaded by Syokstech ()
, lOMoARcPSD|18998289
CONFIDENTIAL
Page 2 of 13
FAC3703
19/05/2025
Instructions:
(i) Scan or enter the QR-code (113eaaa2) before you start the exam. (See page 4).
(ii) Please include your student number on your exam answer script.
.
(iii) The exam can be downloaded on Monday 19 May 2025 at 10:30 and must be
uploaded by 14:15 on Monday 19 May 2025. Should you complete your exam
before the official completion time, please commence the uploading of your exam
answer file immediately, do not wait for the session to conclude.
(iv) The system will close at 14:15 on Monday 19 May 2025 (South African time) and
all late submissions will be rejected. NO LATE EXAM ANSWER FILES WILL BE
ACCEPTED.
(v) We prefer that you type your exam answers and then upload your exam answer
file as a single PDF document on the myExams platform. Incorrect answer
scripts and/or submissions made on unofficial examinations platforms will
not be marked and no opportunity will be granted for resubmission.
(vi) The exam answer file must be uploaded as a PDF electronic document and not
as a scanned image. Do not password-protect your PDF file or uploaded as “read
only” file. Incorrect file format and uncollated answer scripts will not be
considered.
(vii) See Annexure A at the end of the exam paper on how to upload your exam answer
file on myExams.
Additional student instructions
1. NO emailed scripts will be accepted.
2. Students are advised to preview submissions (answer scripts) to ensure legibility and that
the correct answer script file has been uploaded.
3. Students are permitted to resubmit their answer scripts should their initial submission be
unsatisfactory.
4. Incorrect file format and uncollated answer scripts will not be considered.
5. Wrong answer files that are uploaded (ie any file other than the exam answer script) or
submissions made on unofficial examinations platforms (including the invigilator
cellphone application) will not be marked and no opportunity will be granted for
resubmission.
6. A mark awarded for incomplete submission will be the student’s final mark. No opportunity
for resubmission will be granted.
7. A mark awarded for illegible scanned submission will be the student’s final mark. No
opportunity for resubmission will be granted.
Downloaded by Syokstech ()
, lOMoARcPSD|18998289
CONFIDENTIAL
Page 3 of 13
FAC3703
19/05/2025
8. Submissions will only be accepted from registered student accounts.
9. Only the last answer file uploaded and submitted within the stipulated submission duration
period will be marked.
10. Students have 48 hours from the date of their examination to upload their invigilator
results from the Invigilator App. Failure to do so will result in students deemed not have
to utilise the online invigilation or proctoring.
11. Students who have not utilised invigilation or proctoring tools will be deemed to have
transgressed Unisa’s examination rules and will have their marks withheld. If a student is
found to have been outside the invigilator app (by exiting or minimizing the Invigilator App)
for a total of 10 minutes during their examination session, they will be considered to have
violated Unisa's examination rules and their marks will be withheld.
12. The QR Code will be available for activation 15 minutes before start time and 30 minutes
after the official start time of the examination.
13. Students must complete the online declaration of their own work when submitting.
Students suspected of dishonest conduct during the examinations will be subjected to
disciplinary processes. Students may not communicate with other students, or request
assistance from other students during examinations. Plagiarism is a violation of academic
integrity, and students who do plagiarise or copy verbatim from published work will be in
violation of the Policy on Academic Integrity and the Student Disciplinary Code and may
be referred to disciplinary hearing. Unisa has a zero tolerance for plagiarism and/or any
other forms of academic dishonesty.
14. Students are provided 30 minutes to submit their answer scripts after the official
examination time. Submissions made after the official examination time will be rejected
by the examination regulations and will not be marked.
15. Listening to audio (music) and making use of audio-to-text software is strictly prohibited
during your examination session unless such usage of the software is related to a
student’s assistive device which has been so declared. Failure to do so will be a
transgression of Unisa’s examination rules and the student's marks will be withheld.
16. Non-adherence to the processes for uploading examination responses will not qualify the
student for any special concessions or future assessments.
17. Queries that are beyond Unisa’s control include the following:
i. Personal network or service provider issues
ii. Load shedding/limited space on personal computer
iii. Crashed computer
iv. Using work computers that block access to myExams site (work firewall
challenges)
v. Unlicensed software (eg license expires during exams)
18. Students experiencing technical challenges, contact the SCSC 080 000 1870 or email
or refer to Get-Help for the list of additional contact
numbers. Communication received from your myLife account will be considered.
Downloaded by Syokstech ()
FAC3703 EXAM PACK
2025/2026 –
QUESTION & ANSWERS
QUESTIONS & ANSWERS
, lOMoARcPSD|18998289
CONFIDENTIAL
Page 1 of 13
FAC3703
19/05/2025
UNIVERSITY EXAMINATIONS
May/June 2025
FAC3703
SPECIFIC FINANCIAL REPORTING
100 Marks
3 Hours
30 minutes for uploading
UNIVERSITY EXAMINERS
Use of a non-programmable pocket calculator is permissible.
THIS PAPER CONSISTS OF THIRTEEN(13) PAGES
PLEASE NOTE:
1. This is a closed book examination.
2. The paper consists of THREE (3) questions.
3. All questions must be answered.
4. All calculations must be shown.
5. Each question attempted, must commence on a new page.
6. PROPOSED TIME-TABLE: (Avoid deviating from this as far as possible.)
Question Subject Marks Time
number (minutes)
1 Related Parties 12 22
2 Financial Instruments and Borrowing Costs 48 86
3 Employee Benefits and Leases 40 72
TOTAL 100 180
Downloaded by Syokstech ()
, lOMoARcPSD|18998289
CONFIDENTIAL
Page 2 of 13
FAC3703
19/05/2025
Instructions:
(i) Scan or enter the QR-code (113eaaa2) before you start the exam. (See page 4).
(ii) Please include your student number on your exam answer script.
.
(iii) The exam can be downloaded on Monday 19 May 2025 at 10:30 and must be
uploaded by 14:15 on Monday 19 May 2025. Should you complete your exam
before the official completion time, please commence the uploading of your exam
answer file immediately, do not wait for the session to conclude.
(iv) The system will close at 14:15 on Monday 19 May 2025 (South African time) and
all late submissions will be rejected. NO LATE EXAM ANSWER FILES WILL BE
ACCEPTED.
(v) We prefer that you type your exam answers and then upload your exam answer
file as a single PDF document on the myExams platform. Incorrect answer
scripts and/or submissions made on unofficial examinations platforms will
not be marked and no opportunity will be granted for resubmission.
(vi) The exam answer file must be uploaded as a PDF electronic document and not
as a scanned image. Do not password-protect your PDF file or uploaded as “read
only” file. Incorrect file format and uncollated answer scripts will not be
considered.
(vii) See Annexure A at the end of the exam paper on how to upload your exam answer
file on myExams.
Additional student instructions
1. NO emailed scripts will be accepted.
2. Students are advised to preview submissions (answer scripts) to ensure legibility and that
the correct answer script file has been uploaded.
3. Students are permitted to resubmit their answer scripts should their initial submission be
unsatisfactory.
4. Incorrect file format and uncollated answer scripts will not be considered.
5. Wrong answer files that are uploaded (ie any file other than the exam answer script) or
submissions made on unofficial examinations platforms (including the invigilator
cellphone application) will not be marked and no opportunity will be granted for
resubmission.
6. A mark awarded for incomplete submission will be the student’s final mark. No opportunity
for resubmission will be granted.
7. A mark awarded for illegible scanned submission will be the student’s final mark. No
opportunity for resubmission will be granted.
Downloaded by Syokstech ()
, lOMoARcPSD|18998289
CONFIDENTIAL
Page 3 of 13
FAC3703
19/05/2025
8. Submissions will only be accepted from registered student accounts.
9. Only the last answer file uploaded and submitted within the stipulated submission duration
period will be marked.
10. Students have 48 hours from the date of their examination to upload their invigilator
results from the Invigilator App. Failure to do so will result in students deemed not have
to utilise the online invigilation or proctoring.
11. Students who have not utilised invigilation or proctoring tools will be deemed to have
transgressed Unisa’s examination rules and will have their marks withheld. If a student is
found to have been outside the invigilator app (by exiting or minimizing the Invigilator App)
for a total of 10 minutes during their examination session, they will be considered to have
violated Unisa's examination rules and their marks will be withheld.
12. The QR Code will be available for activation 15 minutes before start time and 30 minutes
after the official start time of the examination.
13. Students must complete the online declaration of their own work when submitting.
Students suspected of dishonest conduct during the examinations will be subjected to
disciplinary processes. Students may not communicate with other students, or request
assistance from other students during examinations. Plagiarism is a violation of academic
integrity, and students who do plagiarise or copy verbatim from published work will be in
violation of the Policy on Academic Integrity and the Student Disciplinary Code and may
be referred to disciplinary hearing. Unisa has a zero tolerance for plagiarism and/or any
other forms of academic dishonesty.
14. Students are provided 30 minutes to submit their answer scripts after the official
examination time. Submissions made after the official examination time will be rejected
by the examination regulations and will not be marked.
15. Listening to audio (music) and making use of audio-to-text software is strictly prohibited
during your examination session unless such usage of the software is related to a
student’s assistive device which has been so declared. Failure to do so will be a
transgression of Unisa’s examination rules and the student's marks will be withheld.
16. Non-adherence to the processes for uploading examination responses will not qualify the
student for any special concessions or future assessments.
17. Queries that are beyond Unisa’s control include the following:
i. Personal network or service provider issues
ii. Load shedding/limited space on personal computer
iii. Crashed computer
iv. Using work computers that block access to myExams site (work firewall
challenges)
v. Unlicensed software (eg license expires during exams)
18. Students experiencing technical challenges, contact the SCSC 080 000 1870 or email
or refer to Get-Help for the list of additional contact
numbers. Communication received from your myLife account will be considered.
Downloaded by Syokstech ()
