FAC2602 | 3-Month Payment Plan
R670,00 / month for 3 months
Payment plan terms:
Pay R670 over 3 months (Total price = R2 100). No interest applies, but we charge a 15% admin fee. Access will revoked 7 days after a payment has been missed. This is not a subscription plan. If you stop using the course, you are still liable to pay the remaining instalments.
FAC2602 introduces you to Consolidations for the first time. Although there’s only one topic in this module (and of course Statement of Cash Flows), there’s a lot you need to learn!
You’ve learnt how to create financial information and Financial Statements for individual companies up to now, but how do you account for companies that own other companies? You need to create Financial Statements for Groups of Companies. Sure, you need to add all the companies together to get the group’s total (i.e. add the revenue, expenses, assets and liabilities for all the companies), but you know it’s not going to be as simple as that, right?
Our videos will show you how to do this - from the day you buy another company, to the Financial Statements at year-end.
The exam course videos will go through past questions and show you the process to follow to answer the questions and teach you the exam technique you need.
Your lecturer will be available on the discussion forum to help you with your queries, motivate you, and keep an eye on you when you fall behind!
- Introduction to Groups
- Consolidation of Subsidiary at Date of Acquisition
- Consolidation of Subsidiary after Date of Acquisition
- Acquisition of a Subsidiary during the year
- Intercompany Transactions and Balances
- Treatment of Dividends during Consolidation
- Treatment of Preference Shares during Consolidation
- Statement of Cash Flows