FAC3701/103/3/2019
Tutorial letter 103/3/2019
General Financial Reporting
FAC3701
Semesters 1 & 2
Department of Financial Accounting
IMPORTANT INFORMATION:
This tutorial letter contains important information
about your module.
, CONTENTS
Page
INTRODUCTION ...................................................................................................................................... 3
LECTURERS AND CONTACT DETAILS ................................................................................................ 3
ADDITIONAL INTEGRATED QUESTIONS ............................................................................................. 4
SUGGESTED SOLUTIONS TO ADDITIONAL INTEGRATED QUESTIONS ......................................... 46
2
, FAC3701/103
INTRODUCTION
Dear Student,
Attached please find additional integrated questions with their suggested solutions. We suggest that you
do these questions under exam conditions. Once you have completed the question, you should then
compare your answer to the suggested solution. Your answers to these questions must not be
submitted to Unisa. These questions indicate to you the standard required of you in the exam and will
help you identify areas of weaknesses that you must pay attention to.
You will notice in our suggested solution, dealing with company financial statements, opposite certain
items calculations are shown in brackets. Such calculations are given for tuition purposes only and
consequently do not form part of the statutory disclosure requirements.
LECTURERS AND CONTACT DETAILS
Please use only the following e-mail address for all communication with the
lecturers:
SEMESTER 1:
FAC3701-19-S1@unisa.ac.za
SEMESTER 2:
FAC3701-19-S2@unisa.ac.za
Telephonic enquiries
You can contact your lecturers telephonically. The telephone numbers of the lecturers are listed
below.
Telephone
Lecturers Office number
Mrs R Horn AJH van der Walt Building, 2-53 (012) 429 3287
Mrs L Labuschagne AJH van der Walt Building, 2-49 (012) 429 4694
Mr Y Mohamed AJH van der Walt Building, 2-51 (012) 429 4414
Mr J Riekert AJH van der Walt Building, 2-42 (012) 429 2135
3
, ADDITIONAL INTEGRATED QUESTIONS
QUESTION SUBJECT MARKS
NO.
1 Conceptual Framework, Accounting policies, changes in accounting estimates
and errors, Income taxes, Revenue from contracts with customers and
Provisions, contingent liabilities and contingent assets. 46
2 Accounting policies, changes in accounting estimates and errors, Events after the
reporting period, Income taxes, Revenue from contracts with customers and
Provisions, contingent liabilities and contingent assets. 46
3 Accounting policies, changes in accounting estimates and errors, Events after the
reporting period, Income taxes and Revenue from contracts with customers. 37
4 Conceptual Framework, Accounting policies, changes in accounting estimates
and errors, Events after the reporting period, Income taxes, Revenue from
contracts with customers and Provisions, contingent liabilities and contingent
assets. 54
5 Accounting policies, changes in accounting estimates and errors, Income taxes,
Revenue from contracts with customers and Provisions, contingent liabilities and
contingent assets. 47
6 Conceptual Framework, Presentation of financial statements, Accounting
policies, changes in accounting estimates and errors, Events after the reporting
period, Revenue from contracts with customers and Provisions, contingent
liabilities and contingent assets. 51
7 Conceptual Framework, Accounting policies, changes in accounting estimates
and errors, Events after the reporting period, Income taxes, Revenue from
contracts with customers and Provisions, contingent liabilities and contingent
assets. 52
8 Accounting policies, changes in accounting estimates and errors, Events after the
reporting period, Income taxes, Revenue from contracts with customers,
Provisions, contingent liabilities and contingent assets and Fair value
measurement. 43
9 Conceptual Framework, Presentation of financial statements, Accounting
policies, changes in accounting estimates and errors, Events after the reporting
period, Income taxes and Provisions, contingent liabilities and contingent assets. 46
10 Accounting policies, changes in accounting estimates and errors, Income taxes,
Revenue from contracts with customers, Provisions, contingent liabilities and
contingent assets and Fair value measurement. 50
11 Conceptual Framework, Accounting policies, changes in accounting estimates
and errors, Income taxes, Revenue from contracts with customers, Provisions,
contingent liabilities and contingent assets and Fair value measurement. 55
12 Accounting policies, changes in accounting estimates and errors, Events after the
reporting period, Income taxes, Revenue from contracts with customers and
Provisions, contingent liabilities and contingent assets. 41
13 Conceptual Framework, Accounting policies, changes in accounting estimates
and errors, Provisions, contingent liabilities and contingent assets and Income
taxes. 49
14 Accounting policies, changes in accounting estimates and errors, Events after
the reporting period, Revenue from contracts with customers, Provisions,
contingent liabilities and contingent assets and Fair value measurement. 47
664
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