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FinAcc 3B - Distinctive Financial Reporting (FAC3702)
We cover the full syllabus for FAC3702 with video lectures, explaining everything you need to know about FAC3702. 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 through your semester.
WHY STUDY FinAcc 3B (FAC3702) THROUGH US?
ABOUT THE COURSE
FAC3702 is largely about Assets. There is more than one IFRS relating to different types of assets. Property, Plant and Equipment; Intangible Assets; Property Bought for Investment; Assets that have been discontinued and will be sold, and Financial Instruments - these make up the bulk of the course. How to bring them on the books, calculate their values and present them on the Financial Statements are the main things you’ll learn here.
We’ve got videos going through two past exams, showing you how to read, plan and answer your questions, so you have the exam technique you need to pass that exam!
Your lecturer will keep an eye on you through the semester, motivate you, push you, and answer any questions you have about the module.
ABOUT YOUR FACULTY
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TOPICS/STANDARDS
- Property, Plant and Equipment (IAS 16)
- Investment Property (IAS 40)
- Intangible Assets (IAS 38)
- Impairment of Assets (IAS 36)
- Non-Current Assets Held for Sale (IFRS 5)
- Financial Instruments (IAS32 ; IFRS 7 ; IFRS 9)
- The Effects of Changes in Foreign Exchange Rates (IAS 21)