FAC 2601

University of South Africa

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Financial Accounting for Companies FAC2601 Semesters 1 and 2
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1

187

mei 2021

2020/2021

A
1.1 INTRODUCTION In Accounting I you were introduced to company annual financial statements. You studied aspects such as the format and layout of a statement of financial position, statement of comprehensive income and cash flow statement. In Accounting II you will be studying the above aspects in greater detail and you will be acquiring knowledge of International Financial Reporting Standards (hereafter called IFRS). IFRS are being developed by the International Accountants Standard...
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