Fac3704 - Study guides, Class notes & Summaries

document has latest questions and answers

MODULE: FAC3704 EXAMSK DATE: 2015

May/June 2022 FAC3704 GROUP FINANCIAL REPORTING

COURSE OUTLINE FAC3704 EXAMSK DATE: 2015

FAC3704 EXAM PACK 2022

FAC3704 exam pack answers. FAC3704 - Group Financial Reporting. Analysis of owners’ equity of Rentco Limited Develop Limited 100% 60% - 70% 40% - 30% Total At Since NCI At acquisition Share capital Retained earnings Contingent liability Revaluation surplus Equity represented by goodwill - parent Consideration paid and NCI Since acquisition Retained earnings (750 000 - 350 000 + 30 000) Current year Profit - 5 month period ((350 000 - 95 760) x 5/12) Purchase of additional shares...

FAC3704 EXAM PREP FOR 2022. Group Financial Reporting. Identifying a Subsidiary- When an entity holds directly or indirectly 51% or more of the voting power of the investee and has control over the investee. 2. Calculating Goodwill and Non Controlling Interest (on both Full Goodwill method amd Partial Goodwill method) 3. Processing transaction of the following periods; General Consolidation Procedures for a Subsidiary 1. For a subsidiary, you consolidate 100% of Assets, Liabilities, Expen...

FAC3704 EXAM PACK 2022

Tutorial Letter 501/3/2021 Group Financial Reporting FAC3704 Semesters 1 and 2 Department of Financial Accounting

FAC3704 EXAM PREP FOR 2022. Group Financial Reporting. Identifying a Subsidiary- When an entity holds directly or indirectly 51% or more of the voting power of the investee and has control over the investee. 2. Calculating Goodwill and Non Controlling Interest (on both Full Goodwill method amd Partial Goodwill method) 3. Processing transaction of the following periods; General Consolidation Procedures for a Subsidiary 1. For a subsidiary, you consolidate 100% of Assets, Liabilities, Expen...