In About Financial Accounting Volume 1 the reader was introduced to the subject “Financial Accounting”. The Conceptual Framework for Financial Reporting (issued in December 2010 and hereafter referred to as the “Conceptual Framework”) was the starting point of study. Various concepts and pr...
Find herewith ANNEXURES A and B which replaces EXERCISES 7.6 and 9.2 in
TL501/3/2022.
We would like to emphasise that the prescribed textbook is the 8th edition of About Financial
Accounting, Volume 2. This latest edition contains a revised Conceptual Framework for
International Financial Reporting Standards (IFRS), issued in March 2018 and amendments
to IAS 1 – Presentation of Financial Statements all of which are examinable.
Wishing your all the best on your studies.
FAC1601 Lecturers
2
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