Fac3701 semesters 1 and 2 - Study guides, Class notes & Summaries
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FAC3701 Semesters 1 and 2
- Exam (elaborations) • 41 pages • 2021
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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...
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