Study at Unisa - Module information
Group Financial Reporting
Module code: FAC3704
NQF level: 7
Credits: 12
Semester module
Offered as a part of: Bachelor degree
Module presented in: English, Afrikaans
Pre-requisite(s): FAC2601, FAC2602 & TAX2601. (FAC2601, FAC2602 & TXN203D only applicable to 02216, 0202X & 02240 as well as 02011 - ENM, FIM, IFM, MAN, GE1, INA, MAC, MKT, LOG, LAW, RIS, TRM, TRA)

To gain knowledge of and insight into, as well as the ability to apply this knowledge in the preparation of financial statements, for the following subject matter: the consolidation procedures required for the preparation and presentation of group financial statements namely, business combinations, consolidation after the acquisition date; intragroup transactions, losses of a subsidiary, horizontal groups, vertical groups, complex groups, consolidated cash flow statements, changes in ownership, and the accounting treatment and disclosure of associates, joint arrangements, including any relevant deferred tax implications. It is recommended that a student either register concurrently for the FAC3701 module or have already passed it.

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