FINACC 3Y - SPECIFIC AND GROUP FINANCIAL REPORTING (FAC3762)
We cover the full syllabus for FAC3762 (the year-long module combining FAC3703 and FAC3704) with video lectures, explaining everything you need to know about FAC3762. We explain the syllabus simply, so you’ll be able to apply it to any situation. Our classroom is set up in the same order as your study guide, making it easy to work through the whole syllabus. Our exam course videos walk you through two past exams, showing you how to read, plan and answer your questions. Your lecturer will be available to answer your queries, motivate you, and check up on you throughout your semester.
WHY STUDY FINACC 3Y (FAC3762) THROUGH US?
ABOUT THE COURSE
The first half of FAC3762 deals with quite a few IFRS standards. Your chapters here relate to specific IFRS standards, so we’ll be teaching you what they’re there for, how they’re structured, how they work, and how they’re presented on the financial statements. This module doesn’t have one ‘theme’ like a lot of other modules, the standards are generally separate, and you’ll work on them individually.
The biggest standards are covered with quite a few lectures to explain them with examples to illustrate them. You’ll probably be spending more time on these.
- Financial instruments
The other standards are covered with lectures and examples as well, but they are smaller than the ones above.
The second half of FAC3762 is your first encounter with group financial statements. It will teach you how to consolidate a group of companies, and how to account for associate and joint arrangements. This is an exciting and new challenge in your accounting journey!
Our lecturers follow a unique approach to teaching the consolidation process to students. The lecturers make use of a journal approach which has proven to aid students greatly in understanding very complex consolidations.
For your exams, we’ve gone through two past exams, showing you in how to read, plan and answer your questions.
Your lecturer will keep an eye on you throughout the semester, motivate you, push you, and answer any questions you have about the module.
ABOUT YOUR FACULTY
Click on the images to find out more.
- Financial instruments
- Employee benefits
- Borrowing costs
- Related parties
- Business combinations
- Consolidation after date of acquisition
- Complex groups
- Joint arrangements: JO and JV
- Change in control