ii
It is illegal to photocopy any pages from this book without the written permission of the copyright holder
Shuter & Shooter Publishers (Pty) LtdShuters House, 110 CB Downes Road, Pietermaritzburg 3201, South Africa
PO Box 61, Mkondeni 3212, South Africa
Copyright © Shuter & Shooter Publishers (Pty) Ltd 2021
OS1001362 (TM2001445)
All rights reserved.No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission from the publisher. Any person who commits any unauthorized act
in relation to this publication may be liable to criminal prosecution and civil claims for damages.
iiiINTRODUCTION
INTRODUCTION
Shuter & Shooter is committed to serving the educational needs of
a changing South Africa.
• We develop and publish educational material.• We provide supplementary professional services in the education sector.• We off er superior customer service and distribution.
Shuter & Shooter is proud to be 100% South African, 100% black-owned and a Level 1 BBBEE company. Please support more local publishers like Shuter & Shooter.
iv INTRODUCTION
Our products include:• Textbooks
• Teacher Guides
• Workbooks
• Study Guides
• Core Readers
• Graded Readers
• Phonics Reading Schemes
• TVET Materials
• Dictionaries
• Atlases
• Wall Charts
• Educational Toys and Puzzles
• Reference Books
• E-Books
• Digital Learning Resources
We are also proud to be an accredited training provider, registered with the ETDP SETA and SACE.
vINTRODUCTION
Why choose our books?• Fully CAPS compliant
• Lots of activities and exercises
• Relevant examples throughout the books
• Simple language, written at the level of the learner
• Easy to plan lessons
• Planning and Tracking Booklets help to make teaching easier
Advantages of using our books• Improves learners’ results
• Assess progress easily
• Reduce the administrative burden
• Helps save planning and preparation time
• Follows the CAPS precisely, making teaching easier
• Most of our titles are also available as e-Books
vi CONTENTS
CONTENTS
Grade 10 ..............................................................................................1
Term 1 ................................................................................................................................... 2
Term 2 ................................................................................................................................... 5
Term 3 ................................................................................................................................... 7
Term 4 ................................................................................................................................... 8
Grade 11 ..............................................................................................9
Term 1 ..................................................................................................................................10
Term 2 ..................................................................................................................................12
Term 3 ..................................................................................................................................13
Term 4 ..................................................................................................................................15
Grade 12 ............................................................................................16
Term 1 ..................................................................................................................................17
Term 2 ..................................................................................................................................21
Term 3 ................................................................................................................................. 23
Term 4 ................................................................................................................................. 24
Programme of Assessment ............................................................25
10
2 Grade 10 ACCOUNTING Term 1
ACCOUNTING Term 1To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
10U
nit
LBTG
Base
line
Asse
ssm
ent
Base
line
asse
ssm
ent t
o de
term
ine
the
lear
ning
loss
es fr
om
Grad
e 9.
Wee
k 1
Info
rmal
or
indi
geno
us
book
keep
ing
syst
ems
Com
paris
on o
f the
boo
kkee
ping
syst
ems o
f the
info
rmal
and
fo
rmal
sect
ors:
• Co
ncep
ts•
Man
agem
ent o
f res
ourc
es (c
apita
l, fix
ed a
sset
s, st
ock,
etc
.)•
Proc
ess o
f det
erm
inin
g se
lling
pric
es, c
ost o
f sal
es, l
abou
r co
sts,
inco
me
and
expe
nses
Wee
k 2
Unit
1: In
form
al
or in
dige
nous
bo
okke
epin
g sy
stem
s1–
41–
2
Inte
rnal
con
trol
• D
efini
tion
and
expl
anat
ion
of w
hat i
s mea
nt b
y in
tern
al
cont
rol.
• Id
entifi
catio
n an
d ex
plan
atio
n of
bas
ic in
tern
al c
ontro
l pr
oces
ses.
• In
tern
al c
ontro
l sho
uld
be in
tegr
ated
with
oth
er to
pics
.
Wee
k 3
Unit
4: In
tern
al c
ontro
l14
–15
4–5
Ethi
cs
Expl
anat
ion
of th
e co
de o
f eth
ics a
pplic
able
to a
ll pa
rties
in th
e fin
anci
al e
nviro
nmen
t:•
Code
of e
thic
s•
Basic
prin
cipl
es o
f eth
ics p
rinci
ples
of e
thic
s (le
ader
ship
, di
scip
line,
tran
spar
ency
, acc
ount
abili
ty, f
airn
ess,
sust
aina
bilit
y, re
spon
sible
man
agem
ent)
Unit
2: E
thic
s5–
102–
3
Gene
rally
ac
cept
ed
acco
untin
g pr
inci
ples
(G
AAP)
Defi
nitio
n an
d ex
plan
atio
n of
Gen
eral
ly A
ccep
ted
Acco
untin
g Pr
actic
e (G
AAP)
prin
cipl
es:
• H
istor
ical
cos
t•
Prud
ence
• M
ater
ialit
y•
Busin
ess e
ntity
rule
• Go
ing
conc
ern
• M
atch
ing
• Ap
ply
to a
ll th
e re
leva
nt to
pics
and
link
to to
pic
1 an
d 2.
Unit
3: G
ener
ally
ac
cept
ed a
ccou
ntin
g pr
inci
ples
(GAA
P)11
–13
4
3GRADE 10ACCOUNTING Term 1
© Shuter & Shooter PublishersACCOUNTING Term 1
Book
keep
ing
of th
e so
le
trade
r
• D
efini
tion
and
expl
anat
ion
of a
ccou
ntin
g co
ncep
ts u
p to
fin
anci
al st
atem
ents
: Sol
e tra
der;
Deb
it; C
redi
t; Eq
uity
; Ca
pita
l; As
sets
; Lia
bilit
ies;
Ledg
er; J
ourn
al; P
rofit
; Los
s; Va
lue
Adde
d Ta
x; In
com
e/Re
venu
e; E
xpen
ses;
Fina
l Acc
ount
s; Fi
nanc
ial S
tate
men
ts; D
iscou
nts;
Acco
untin
g Cy
cle;
Fin
anci
al
Acco
untin
g; M
anag
eria
l Acc
ount
ing:
Per
petu
al In
vent
ory
Syst
em
Wee
ks 4
to 7
Unit
5: F
inan
cial
ac
coun
ting:
Sol
e tra
der
16–1
85
Cash
tran
sact
ions
, CRJ
, CPJ
, PCJ
, Gen
eral
Led
ger,
Tria
l Led
ger,
Tria
l Bal
ance
, Acc
ount
ing
Equa
tion:
• Ca
sh R
ecei
pts J
ourn
al C
ash
Paym
ents
Jour
nal (
incl
udin
g lo
ans,
fixed
dep
osits
, int
eres
t inc
ome
and
inte
rest
exp
ense
, di
shon
oure
d ch
eque
s, di
scou
nt a
llow
ed a
nd d
iscou
nt
rece
ived
)•
Petty
Cas
h Jo
urna
l•
Gene
ral J
ourn
al (i
nclu
ding
bad
deb
ts, i
nter
est o
n ov
erdu
e ac
coun
ts, c
orre
ctio
n of
erro
rs)
• Po
stin
g to
the
Gene
ral,
Deb
tors
and
Cre
dito
rs L
edge
rs•
Tria
l Bal
ance
Unit
5: F
inan
cial
ac
coun
ting:
sole
trad
er19
–119
5–44
• An
alys
is an
d an
indi
catio
n of
the
effec
t of t
rans
actio
ns o
n th
e ac
coun
ting
equa
tion
of a
sole
trad
er.
• Al
l tra
nsac
tions
affe
ctin
g a
sole
trad
er u
p to
fina
ncia
l st
atem
ents
.Th
is to
pic
need
s to
be in
tegr
ated
with
all
the
appr
opria
te to
pics
th
roug
hout
the
year
.
Revi
sion
exer
cise
s12
0–13
845
–57
4 Grade 10 ACCOUNTING Term 1
ACCOUNTING Term 1To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
10U
nit
LBTG
Book
keep
ing
of th
e so
le
trade
r
Cred
it tra
nsac
tions
: DJ,
DAJ,
CJ, C
AJ, G
J, Le
dger
s (GL
, DL,
CL),
Deb
tors
’ List
, Cre
dito
rs’ L
ist, T
rial B
alan
ce, A
ccou
ntin
g Eq
uatio
n:•
Sour
ce d
ocum
ents
• Pr
inci
ples
of D
oubl
e En
try S
yste
m•
Jour
nals
• D
ebto
rs Jo
urna
l, Cr
edito
rs’ J
ourn
al, D
ebto
rs’ A
llow
ance
s Jo
urna
l, Cr
edito
rs’ A
llow
ance
s Jou
rnal
• Ge
nera
l Jou
rnal
(inc
ludi
ng b
ad d
ebts
, can
cella
tions
of
disc
ount
on
dish
onou
red
cheq
ues,
inte
rest
on
over
due
acco
unts
, cor
rect
ion
of e
rrors
)•
Post
ing
to th
e Ge
nera
l, D
ebto
rs a
nd C
redi
tors
Led
gers
• Tr
ial B
alan
ce•
Prep
arat
ion
of d
ebto
rs a
nd c
redi
tors
list
s to
reco
ncile
with
de
btor
s and
cre
dito
rs c
ontro
l acc
ount
s (in
clud
ing
corre
ctio
n of
erro
rs)
Wee
ks 8
to 1
0
Unit
5: F
inan
cial
ac
coun
ting:
sole
trad
er19
–119
5–44
• An
alys
is an
d an
indi
catio
n of
the
effec
t of t
rans
actio
ns o
n th
e ac
coun
ting
equa
tion
of a
sole
trad
er.
• Al
l tra
nsac
tions
affe
ctin
g a
sole
trad
er u
p to
fina
ncia
l st
atem
ents
.Th
is to
pic
need
s to
be in
tegr
ated
with
all
the
appr
opria
te to
pics
th
roug
hout
the
year
.
Revi
sion
exer
cise
s12
0–13
845
–57
5GRADE 10ACCOUNTING Term 2
© Shuter & Shooter PublishersACCOUNTING Term 2
Book
keep
er o
f th
e so
le tr
ader
• Co
mpe
tenc
y in
dea
ling
with
com
bine
d ac
tiviti
es in
clud
ing
cash
and
cre
dit t
rans
actio
ns•
Com
plet
ing
of th
e re
leva
nt jo
urna
ls fro
m g
iven
info
rmat
ion
• Po
stin
g to
subs
idia
ry le
dger
and
the
gene
ral l
edge
r•
Extra
ctin
g th
e tri
al b
alan
ce in
the
corre
ct fo
rmat
Cons
olid
atio
n:
• Re
conc
iliat
ions
: abi
lity
to a
naly
ze th
e co
ntro
l acc
ount
s (d
ebto
rs a
nd c
redi
tor)
and
com
pare
with
list
of d
ebto
rs/
cred
itors
• Id
entif
ying
erro
rs a
nd o
miss
ions
and
pre
pare
deb
tors
and
cr
edito
rs li
st to
reco
ncile
with
the
cont
rol a
ccou
nts.
• Re
leva
nt in
tern
al c
ontro
l and
eth
ics (
inte
grat
ed):
rela
ted
to
hand
ling
stoc
k, d
ebto
rs, c
redi
tors
and
cas
h.
• Id
entifi
catio
n of
eth
ical
scen
ario
s (ac
coun
tabi
lity
and
trans
pare
ncy)
Wee
ks 1
to 2
Unit
5: F
inan
cial
ac
coun
ting:
sole
trad
er16
–119
5–44
Sala
ries a
nd
Wag
es Jo
urna
l
Expl
anat
ion,
cal
cula
tion
and
reco
rdin
g of
sala
ry a
nd/o
r wag
e sc
ales
and
pay
men
ts in
the
jour
nals
and
post
to th
e le
dger
. Thi
s ca
n be
don
e m
anua
lly o
r on
a co
mpu
teris
ed sp
read
shee
t.•
Nor
mal
tim
e•
Ove
rtim
eD
educ
tions
• PA
YE•
Pens
ion
fund
• Un
empl
oym
ent I
nsur
ance
Fun
d•
Med
ical
aid
• Un
ion
mem
bers
hip
Empl
oyer
con
tribu
tions
• Pe
nsio
n fu
nd•
Unem
ploy
men
t Ins
uran
ce F
und
• M
edic
al a
id•
Skill
s dev
elop
men
t lev
yAc
coun
ting
equa
tion
Ethi
cal c
ondu
ct re
late
d to
Sal
arie
s and
Wag
es. F
or e
xam
ple,
co
ntra
cts,
paym
ent i
n lin
e w
ith re
spon
sibili
ties,
role
of u
nion
s
Wee
ks 3
to 4
Unit
2: S
alar
ies a
nd
wag
es14
2–17
259
–72
6 Grade 10 ACCOUNTING Term 2
ACCOUNTING Term 2To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
10U
nit
LBTG
Year
-end
Ac
coun
ting
Proc
edur
es
Prep
arat
ion
of fi
nal a
ccou
nts o
f a so
le tr
ader
taki
ng in
to a
ccou
nt
year
-end
adj
ustm
ents
Rela
ted
conc
epts
Appl
icat
ion
of G
MP
prin
cipl
esAc
coun
ting
equa
tion
Pre-
adju
stm
ent t
rial b
alan
ce
Wee
ks 5
to 9
Unit
3: T
he T
rial B
alan
ce17
3–18
373
–82
Year
-end
adj
ustm
ents
:•
Trad
ing
stoc
k de
ficit/
surp
lus
• Co
nsum
able
stor
es o
n ha
nd•
Dep
reci
atio
n (o
n co
st p
rice/
stra
ight
bal
ance
met
hods
)•
Bad
debt
s•
Corre
ctio
n of
erro
rs/o
miss
ions
• Ac
crue
d in
com
e (re
ceiv
able
)•
Inco
me
rece
ived
in a
dvan
ce (d
efer
red)
• Ex
pens
es p
repa
id•
Accr
ued
expe
nses
(pay
able
)Po
st-a
djus
tmen
t tria
l bal
ance
Clos
ing
trans
fers
Fina
l acc
ount
s•
Trad
ing
acco
unt
• Pr
ofit a
nd L
oss a
ccou
ntPo
st-c
losin
g tri
al b
alan
ceRe
vers
al o
f cer
tain
yea
r-en
d ad
just
men
ts a
t beg
inni
ng o
f nex
t fin
anci
al p
erio
d, i.
e.: a
ccru
als,
inco
me
rece
ived
in a
dvan
ce a
nd
prep
aym
ents
Unit
4: Y
ear E
nd
Adju
stm
ents
184–
220
82–1
01
Revi
sion
Revi
sion
of a
ll to
pics
cov
ered
dur
ing
the
first
two
term
s.W
eek
10Re
visio
n ex
erci
ses
221–
229
102–
106
7GRADE 10ACCOUNTING Term 3
© Shuter & Shooter PublishersACCOUNTING Term 3
Fina
ncia
l ac
coun
ting
of
a so
le tr
ader
–
prep
arat
ion
of fi
nanc
ial
stat
emen
ts
Prep
arat
ion
of fi
nanc
ial s
tate
men
ts o
f a so
le tr
ader
taki
ng in
to
acco
unt y
ear-
end
adju
stm
ents
Rela
ted
conc
epts
Appl
icat
ion
of G
AAP
prin
cipl
esAc
coun
ting
equa
tion
Year
-end
adj
ustm
ents
:•
Trad
ing
stoc
k de
ficit/
surp
lus
• Co
nsum
able
stor
es o
n ha
nd•
Dep
reci
atio
n•
bala
nce
met
hods
)•
Bad
debt
s•
Corre
ctio
n of
erro
rs/o
miss
ions
• Ac
crue
d in
com
e (re
ceiv
able
)•
Inco
me
rece
ived
in a
dvan
ce (d
efer
red)
• Ex
pens
es p
repa
id•
Accr
ued
expe
nses
(pay
able
)Fi
nanc
ial s
tate
men
ts a
nd n
otes
:•
Inco
me
stat
emen
t•
Bala
nce
shee
t
Wee
ks 1
to 7
Unit
1: F
inan
cial
st
atem
ents
230–
257
107–
120
Fina
ncia
l ac
coun
ting
of
a so
le tr
ader
–
anal
ysis
and
inte
rpre
tatio
n of
fina
ncia
l st
atem
ents
Anal
ysis
and
inte
rpre
tatio
n of
fina
ncia
l sta
tem
ents
and
not
es:
• Gr
oss p
rofit
on
sale
s•
Gros
s pro
fit o
n co
st o
f sal
es•
Net
pro
fit o
n sa
les
• O
pera
ting
expe
nses
on
sale
s•
Ope
ratin
g pr
ofit o
n sa
les
• Cu
rrent
ratio
• Ac
id te
st ra
tio•
Solv
ency
ratio
• Re
turn
on
equi
ty
Wee
ks 8
to 1
1Un
it 2:
Ana
lysis
and
in
terp
reta
tion
of
Fina
ncia
l Sta
tem
ents
258–
272
121–
126
8 Grade 10 ACCOUNTING Term 4
Topi
cCo
nten
tTi
me
allo
catio
nW
here
to fi
nd it
in T
op C
lass
Acc
ount
ing
Grad
e 10
Uni
tLB
TG
Valu
e-Ad
ded
Tax
(VAT
)
Expl
anat
ion
of th
e ba
sic c
once
pts o
f VAT
:•
Nee
d fo
r VAT
• Pu
rpos
e of
VAT
• Pr
inci
ples
of V
AT•
Zero
-rat
ed it
ems
• VA
T ex
empt
ed it
ems
• VA
T-ab
le it
ems
Curre
nt V
AT ra
te
Wee
k 1
Unit
1: V
alue
Add
ed Ta
x (V
AT)
139–
141
58–5
9
Cost
ac
coun
ting
Defi
nitio
n an
d ex
plan
atio
n of
bas
ic c
ost c
once
pts:
• D
irect
labo
ur•
Indi
rect
labo
ur•
Dire
ct m
ater
ials
(raw
mat
eria
ls)•
Indi
rect
mat
eria
ls•
Fact
ory
over
head
cos
ts•
Prim
e co
st•
Varia
ble
cost
s•
Fixe
d co
sts
• W
ork-
in-p
roce
ssAp
plic
atio
n of
prin
cipl
es o
f int
erna
l con
trol
Ethi
cal b
ehav
iour
rela
ted
to a
man
ufac
turin
g bu
sines
s
Wee
k 2
Unit
1: C
ost A
ccou
ntin
g28
2–28
813
4–13
6
Budg
etin
g
Defi
ne a
nd e
xpla
in b
asic
bud
getin
g co
ncep
ts:
• Ca
sh b
udge
t•
Zero
bas
e bu
dget
• Ca
pita
l bud
get
• Lo
ng te
rm b
udge
t•
Med
ium
term
bud
get
Wee
k 3
Unit
2: B
udge
ts28
9–29
413
6–13
8
Revi
sion
Revi
se to
pics
cov
ered
dur
ing
the
term
.W
eek
4 to
6Re
visio
n ex
erci
ses
295–
323
139–
162
ACCOUNTING Term 4
11
10 Grade 11 ACCOUNTING Term 1
ACCOUNTING Term 1To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
11U
nit
LBTG
Ethi
cs
Iden
tifica
tion
and
anal
ysis
of e
thic
al b
ehav
iour
app
licab
le
to fi
nanc
ial e
nviro
nmen
ts w
ith re
fere
nce
to a
ccou
ntab
ility
, tra
nspa
renc
y an
d su
stai
nabi
lity
This
topi
c sh
ould
be
inte
grat
ed w
ith o
ther
topi
cs u
sing
appr
opria
te sc
enar
ios.
Thro
ugho
ut
the
year
Unit
1: E
thic
s1–
81–
2
Inte
rnal
con
trol
Dem
onst
ratio
n of
the
know
ledg
e of
inte
rnal
aud
it pr
oces
ses:
• de
finiti
on a
nd e
xpla
natio
n of
wha
t is m
eant
by
an in
tern
al
audi
t•
know
ledg
e of
the
diffe
renc
e be
twee
n in
tern
al c
ontro
l and
an
inte
rnal
aud
it, th
e ro
le o
f the
inte
rnal
aud
itor,
divi
sion
of
dutie
s, do
cum
enta
tion
and
phys
ical
con
trols
• id
entifi
catio
n of
inte
rnal
aud
it pr
oced
ures
rela
ting
to:
- ha
ndlin
g of
cas
h-
buyi
ng a
nd se
lling
on
cred
it-
stoc
k-
debt
ors
- cr
edito
rs.
This
topi
c sh
ould
be
inte
grat
ed w
ith o
ther
topi
cs.
Thro
ugho
ut
the
year
Unit
2: In
tern
al c
ontro
l9–
173–
4
Reco
ncili
atio
ns
Reco
ncili
atio
n of
Ban
k St
atem
ents
with
cas
h jo
urna
ls in
ord
er to
pr
epar
e Ba
nk R
econ
cilia
tion
Stat
emen
ts:
• ou
tsta
ndin
g de
posit
s•
cheq
ues n
ot y
et p
rese
nted
for p
aym
ent
• st
op/d
ebit
orde
rs•
dire
ct tr
ansf
ers
• ba
nk c
harg
es•
inte
rest
rece
ived
or c
harg
ed•
corre
ctio
n of
erro
rs o
r om
issio
ns•
cheq
ues R
/D o
r can
celle
d•
post
-dat
ed c
hequ
es re
ceiv
ed/is
sued
.Re
conc
iliat
ion
of st
atem
ents
rece
ived
from
cre
dito
rs w
ith
acco
unts
in C
redi
tors
’ Led
ger o
f a b
usin
ess i
n or
der t
o pr
epar
e Cr
edito
rs’ R
econ
cilia
tion
Stat
emen
ts:
• ou
tsta
ndin
g in
voic
es o
r cre
dit n
otes
• ou
tsta
ndin
g pa
ymen
ts•
disc
ount
s not
reco
rded
• co
rrect
ion
of e
rrors
or o
miss
ions
.In
tegr
atio
n of
issu
es o
f int
erna
l con
trol.
Inte
grat
ion
of e
thic
al
issue
s
Wee
ks 1
to 3
Unit
3: R
econ
cilia
tions
18–7
55–
21
11GRADE 11ACCOUNTING Term 1
© Shuter & Shooter PublishersACCOUNTING Term 1
Tang
ible
/Fix
ed
asse
ts
Unde
rsta
ndin
g th
e co
ncep
t of a
Tang
ible
/Fix
ed A
sset
Reg
ister
Reco
rdin
g th
e ac
quisi
tion
of ta
ngib
le/fi
xed
asse
tsCa
lcul
atio
n an
d re
cord
ing
of d
epre
ciat
ion
• on
cos
t pric
e (s
traig
ht-li
ne m
etho
d)•
dim
inish
ing
bala
nce
met
hod.
Unde
rsta
ndin
g ho
w ta
ngib
le/fi
xed
asse
ts a
re re
cord
ed w
hen
they
are
fully
dep
reci
ated
Reco
rdin
g th
e di
spos
al o
f tan
gibl
e/fix
ed a
sset
s (ca
sh, c
redi
t, tra
de in
):•
at th
e be
ginn
ing
of a
fina
ncia
l yea
r•
durin
g a
finan
cial
yea
r•
at th
e en
d of
a fi
nanc
ial y
ear.
Inte
grat
ion
of is
sues
of i
nter
nal c
ontro
l – c
ontro
l mea
sure
s ove
r fix
ed a
sset
sIn
tegr
atio
n of
eth
ical
issu
es re
latin
g to
fixe
d as
sets
– re
spon
sible
us
e of
fixe
d as
sets
Wee
ks 4
to 6
Unit
4: F
ixed
/Tan
gibl
e As
sets
– A
cqui
sitio
n,
Dep
reci
atio
n an
d D
ispos
al
76–1
1722
–41
Fina
ncia
l Ac
coun
ting
of
partn
ersh
ips
• D
efine
and
exp
lain
acc
ount
ing
conc
epts
uni
que
to
partn
ersh
ips,
i.e. P
artn
ersh
ip; C
apita
l acc
ount
s; Cu
rrent
ac
coun
ts; I
nter
est o
n ca
pita
l; Sa
larie
s to
partn
ers;
Bonu
s to
partn
ers;
Prim
ary
/ Fin
al d
istrib
utio
n of
pro
fits o
r los
ses ·
• D
efine
and
exp
lain
IFRS
and
GAA
P pr
inci
ples
(hist
oric
al c
ost;
prud
ence
; mat
eria
lity;
bus
ines
s ent
ity ru
le; g
oing
con
cern
; m
atch
ing)
•
Acco
untin
g cy
cle
of p
artn
ersh
ips:
docu
men
ts; j
ourn
als;
ledg
ers;
trial
bal
ance
; fina
l acc
ount
s •
Acco
untin
g eq
uatio
n •
Prep
are
final
acc
ount
s and
fina
ncia
l sta
tem
ents
of a
pa
rtner
ship
taki
ng in
to a
ccou
nt y
ear-
end
adju
stm
ents
:-
Revi
se th
e fo
llow
ing:
Tra
ding
stoc
k de
ficit
/ sur
plus
; Co
nsum
able
stor
es o
n ha
nd; D
epre
ciat
ion
(on
cost
and
di
min
ishin
g ba
lanc
e); B
ad d
ebts
; Bad
deb
ts re
cove
red
(incl
. ins
olve
nt e
stat
e); C
orre
ctio
n of
erro
rs /
omiss
ions
(in
cl. e
rrors
and
om
issio
ns re
latin
g to
sala
ries /
wag
es) ;
Ac
crue
d in
com
e (re
ceiv
able
); In
com
e re
ceiv
ed in
adv
ance
(d
efer
red)
; Pre
paid
exp
ense
s; Ac
crue
d ex
pens
es (p
ayab
le);
- N
ew in
Gr 1
1: P
rovi
sion
for b
ad d
ebts
; Int
eres
t on
loan
(c
apita
lised
) -
Partn
ersh
ip re
late
d ad
just
men
ts: S
alar
ies t
o pa
rtner
s; Bo
nus t
o pa
rtner
s; In
tere
st o
n ca
pita
l; Ap
prop
riatio
n of
pr
ofit /
loss
· Fi
nal a
ccou
nts:
- Tr
adin
g ac
coun
t; Pr
ofit a
nd L
oss a
ccou
nt; A
ppro
pria
tion
acco
unt ·
Rev
ersa
l of c
erta
in y
ear-
end
adju
stm
ents
at
begi
nnin
g of
nex
t fina
ncia
l per
iod,
i.e.
acc
rual
s, in
com
e re
ceiv
ed in
adv
ance
and
pre
paym
ents
Wee
ks 7
to 1
0
Unit
5: F
inan
cial
Ac
coun
ting
of
Partn
ersh
ips –
Pr
epar
atio
n
118–
213
42–8
6
12 Grade 11 ACCOUNTING Term 2
ACCOUNTING Term 2To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
11U
nit
LBTG
Partn
ersh
ips
– Fi
nanc
ial
Stat
emen
ts a
nd
Not
es
• Pr
epar
e Fi
nanc
ial s
tate
men
ts a
nd n
otes
:-
Stat
emen
t of C
ompr
ehen
sive
Inco
me
- St
atem
ent o
f Fin
anci
al P
ositi
on-
Not
es to
the
Fina
ncia
l Sta
tem
ents
Foc
us o
n th
e fo
llow
ing
note
s: Fi
xed
/ Tan
gibl
e as
sets
, Tra
de a
nd o
ther
rece
ivab
les;
Trad
e an
d ot
her p
ayab
les;
Capi
tal;
Curre
nt a
ccou
nts
• Ap
ply
the
IFRS
and
GAA
P pr
inci
ples
Wee
ks 1
–4
Unit
5: F
inan
cial
Ac
coun
ting
of
Partn
ersh
ips –
Pr
epar
atio
n
118–
213
42–8
6
Fina
ncia
l ac
coun
ting
of
partn
ersh
ips
– an
alys
is an
d in
terp
reta
tion
• An
alys
e an
d in
terp
ret fi
nanc
ial s
tate
men
ts a
nd n
otes
• Re
vise
the
follo
win
g fin
anci
al in
dica
tors
:
- Pr
ofita
bilit
y: G
ross
pro
fit o
n sa
les;
Gros
s pro
fit o
n co
st o
f sa
les;
Net
pro
fit o
n sa
les;
Ope
ratin
g ex
pens
es o
n sa
les;
Ope
ratin
g pr
ofit o
n sa
les
- Li
quid
ity: C
urre
nt ra
tio; A
cid
test
ratio
- So
lven
cy: S
olve
ncy
ratio
•
Intro
duce
the
follo
win
g fin
anci
al in
dica
tors
: -
Liqu
idity
: Sto
ck tu
rnov
er ra
te; S
tock
hol
ding
per
iod;
Av
erag
e de
btor
s’ co
llect
ion
perio
d; A
vera
ge c
redi
tors
’ pa
ymen
t per
iod
-
Risk
/Gea
ring:
Deb
t-eq
uity
ratio
-
Retu
rn: o
n ea
ch p
artn
er’s
equi
ty o
n av
erag
e pa
rtner
s’ eq
uity
Wee
ks 6
to 9
Unit
1: F
inan
cial
Ac
coun
ting
of
Partn
ersh
ips –
Ana
lysis
an
d In
terp
reta
tion
225–
254
94–1
02
Revi
sion
Revi
se to
pics
cov
ered
dur
ing
first
two
term
s.W
eek
10Re
visio
n Ex
erci
ses
332–
337
136–
139
13GRADE 11ACCOUNTING Term 3
© Shuter & Shooter PublishersACCOUNTING Term 3
Cash
bud
get
and
proj
ecte
d in
com
e st
atem
ent f
or
sole
trad
ers
Prep
arat
ion
and
pres
enta
tion
of a
cas
h bu
dget
for s
ole
trade
rs:
• pr
ojec
ted
rece
ipts
and
pay
men
ts•
proj
ecte
d de
btor
s’ co
llect
ion
• pr
ojec
ted
cred
itors
’ pay
men
ts•
Cash
bud
get.
Prep
arat
ion
and
pres
enta
tion
of P
roje
cted
Inco
me
Stat
emen
t•
proj
ecte
d re
venu
e an
d ex
pend
iture
.In
tegr
atio
n of
eth
ical
issu
esIn
tegr
atio
n of
inte
rnal
aud
it an
d in
tern
al c
ontro
l iss
ues
Wee
ks 1
to 4
Unit
2: B
udge
ting
367–
418
151–
169
Inve
ntor
y sy
stem
s
Defi
nitio
n an
d ex
plan
atio
n of
the
follo
win
g st
ock
syst
ems:
• Pe
rpet
ual s
tock
syst
em•
Perio
dic
stoc
k sy
stem
Know
ledg
e of
the
adva
ntag
es a
nd d
isadv
anta
ges o
f the
per
iodi
c an
d pe
rpet
ual s
tock
syst
ems
Reco
rdin
g of
tran
sact
ions
usin
g th
e pe
riodi
c st
ock
syst
em in
th
e jo
urna
ls an
d le
dger
s, co
mpa
ring
it w
ith th
e pe
rpet
ual s
tock
sy
stem
:•
purc
hase
s acc
ount
as o
ppos
ed to
Tra
ding
Sto
ck a
ccou
nt•
Ope
ning
Sto
ck a
nd C
losin
g St
ock
acco
unts
• Tr
adin
g ac
coun
t•
carri
age
on p
urch
ases
• cu
stom
and
impo
rt du
ties
Wee
ks 5
to 6
Unit
3: In
vent
ory
syst
ems
419–
465
170–
183
14 Grade 11 ACCOUNTING Term 3
ACCOUNTING Term 3To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
11U
nit
LBTG
Cost
Ac
coun
ting
in a
m
anuf
actu
ring
envi
ronm
ent
Calc
ulat
ion
of th
e fo
llow
ing
cost
s in
a m
anuf
actu
ring
envi
ronm
ent:
• va
riabl
e an
d fix
ed c
osts
• th
e co
st o
f a p
rodu
ct u
sing
varia
ble
and
fixed
cos
ts•
unit
cost
• co
ntrib
utio
n pe
r uni
t•
Brea
k-ev
en p
oint
.Pr
epar
atio
n of
ledg
er a
ccou
nts o
f a m
anuf
actu
ring
busin
ess
Bala
nce
Shee
t Sec
tion:
• ra
w m
ater
ial s
tock
• w
ork-
in-p
rogr
ess s
tock
• fin
ished
goo
ds st
ock
• co
nsum
able
stor
es st
ock
(indi
rect
mat
eria
ls).
Nom
inal
Acc
ount
s Sec
tion:
• sa
les
• co
st o
f sal
es•
raw
mat
eria
ls iss
ued
• fa
ctor
y w
ages
• fa
ctor
y el
ectri
city
• fa
ctor
y re
nt•
depr
ecia
tion
on fa
ctor
y eq
uipm
ent,
etc.
Cost
Acc
ount
s Sec
tion:
• di
rect
(raw
) mat
eria
ls co
st•
dire
ct la
bour
cos
t•
fact
ory
over
head
cos
t•
adm
inist
ratio
n co
st•
selli
ng a
nd d
istrib
utio
n co
st.
Inte
grat
ion
of e
thic
al is
sues
rela
ted
to a
man
ufac
turin
g en
viro
nmen
tIn
tegr
atio
n of
inte
rnal
aud
it an
d in
tern
al c
ontro
l iss
ues r
elat
ed
to a
man
ufac
turin
g en
viro
nmen
t
Wee
ks 7
to 8
Unit
1: C
ost a
ccou
ntin
g33
8–36
614
0–15
0
Revi
sion
Revi
sion
of te
rm’s
wor
kW
eeks
9 to
11
Revi
sion
Exer
cise
s46
6–47
018
4–18
7
15GRADE 11ACCOUNTING Term 4
© Shuter & Shooter PublishersACCOUNTING Term 4
Valu
e Ad
ded
Tax
(VAT
)
Perfo
rm V
AT c
alcu
latio
ns:
• us
e cu
rrent
rate
• ad
d VA
T to
cos
t pric
e pl
us m
ark-
up a
mou
nt•
calc
ulat
e VA
T fro
m V
AT-in
clus
ive
amou
nt•
invo
ice
or re
ceip
t bas
e.Un
ders
tand
the
effec
t of b
ad d
ebts
, disc
ount
s and
goo
ds
retu
rned
on
VAT
Inte
grat
e et
hics
rela
ting
to V
AT –
VAT
frau
d, e
tc.
Inte
grat
e in
tern
al a
udit
and
inte
rnal
con
trol p
roce
sses
ove
r co
llect
ion
of V
AT fr
om c
usto
mer
s and
pay
men
t of V
AT to
SAR
S.
Wee
ks 1
to 3
Unit
1: V
alue
Add
ed Ta
x47
1–48
418
8–19
3
Revi
sion
Revi
sion
of a
ll to
pics
in p
repa
ratio
n fo
r the
fina
l exa
min
atio
n.W
eeks
4 to
6Re
visio
n Ex
erci
ses
485–
515
194–
215
17GRADE 12ACCOUNTING Term 1
© Shuter & Shooter Publishers
12ACCOUNTING Term 1
Topi
cCo
nten
tTi
me
allo
catio
nW
here
to fi
nd it
in T
op C
lass
Acc
ount
ing
Grad
e 12
Uni
tLB
TG
Com
pani
es:
Uniq
ue
Tran
sact
ions
Defi
nitio
n an
d ex
plan
atio
n of
acc
ount
ing
conc
epts
uni
que
to
com
pani
es:
• Co
mpa
nies
– p
rivat
e an
d pu
blic
• Co
mpa
nies
Act
• Re
gist
rar o
f Com
pani
es –
Reg
istra
tion
Certi
ficat
e.•
Mem
oran
dum
of I
ncor
pora
tion
• In
com
e Ta
x an
d pr
ovisi
onal
pay
men
ts•
Div
iden
d•
Shar
es•
Earn
ings
• Sh
areh
olde
r•
Dire
ctor
s•
Audi
tors
• Li
mite
d lia
bilit
y•
Sepa
ratio
n of
ow
ners
hip
from
con
trol
• Re
tain
ed in
com
e•
Auth
orise
d sh
are
capi
tal
• Iss
ued
shar
e ca
pita
l•
Joha
nnes
burg
Sto
ck E
xcha
nge
(JSE)
Wee
ks 1
and
2
Unit
1: F
inan
cial
ac
coun
ting
of
com
pani
es –
con
cept
s an
d un
ique
ledg
er
acco
unts
1–7
1–14
• D
efini
tion
and
expl
anat
ion
of In
tern
atio
nal F
inan
cial
Re
porti
ng S
tand
ards
(IFR
S) a
nd G
ener
ally
Acc
epte
d Ac
coun
ting
Prac
tices
(GAA
P)•
Defi
nitio
n an
d ex
plan
atio
n of
the
follo
win
g GA
AP p
rinci
ples
:-
Hist
oric
al c
ost
- Pr
uden
ce-
Mat
eria
lity
- Bu
sines
s Ent
ity-
Goin
g co
ncer
n-
Mat
chin
g
7–10
18 Grade 12 ACCOUNTING Term 1
Topi
cCo
nten
tTi
me
allo
catio
nW
here
to fi
nd it
in T
op C
lass
Acc
ount
ing
Grad
e 12
Uni
tLB
TG
Com
pani
es:
Uniq
ue
Tran
sact
ions
Acco
untin
g cy
cle
for a
Com
pany
:•
Jour
nals
• Le
dger
acc
ount
s•
Tria
l Bal
ance
Tran
sact
ions
incl
ude:
• Iss
uing
of s
hare
s at i
ssue
pric
e (N
OTE
: Par
val
ue a
nd sh
are
prem
ium
no
long
er e
xist
s in
term
s of C
ompa
nies
Act
.)•
Buyi
ng b
ack
of sh
ares
.•
Loan
s and
inte
rest
(NO
TE: I
nter
est o
n lo
an is
cap
italiz
ed.
• In
com
e Ta
x•
Div
iden
ds•
Dire
ctor
s’ Fe
es•
Audi
t Fee
s
Wee
ks 1
and
2
Unit
1: F
inan
cial
ac
coun
ting
of
com
pani
es –
con
cept
s an
d un
ique
ledg
er
acco
unts
11–4
91–
14
ACCOUNTING Term 1
19GRADE 12ACCOUNTING Term 1
© Shuter & Shooter PublishersACCOUNTING Term 1
Com
pani
es –
Fi
nal a
ccou
nts
and
finan
cial
st
atem
ents
Prep
arat
ion
of fi
nal a
ccou
nts a
nd d
etai
led
finan
cial
stat
emen
ts o
f a c
ompa
ny ta
king
into
acc
ount
yea
r-en
dad
just
men
ts.
YEAR
EN
D A
DJU
STM
ENTS
:•
Trad
ing
Stoc
k de
ficits
/ sur
plus
es.
• Co
nsum
able
stor
es o
n ha
nd.
• D
epre
ciat
ion
(on
cost
pric
e/st
raig
ht li
ne a
nd o
n di
min
ishin
g ba
lanc
e m
etho
ds).
• Ba
d de
bts
• Co
rrect
ion
of e
rrors
/ om
issio
ns•
Accr
ued
inco
me
(rece
ivab
le)
• In
com
e re
ceiv
ed in
adv
ance
(def
erre
d)•
Expe
nses
pre
paid
• Ac
crue
d ex
pens
es (p
ayab
le)
• Pr
ovisi
on fo
r bad
deb
ts•
Adju
stm
ents
rela
ted
to in
com
e ta
x.•
Adju
stm
ents
rela
ted
to th
e pa
ymen
t and
dec
lara
tion
of
divi
dend
s.FI
NAL
ACC
OUN
TS:
• Tr
adin
g ac
coun
t•
Profi
t and
Los
s acc
ount
• Ap
prop
riatio
n ac
coun
t•
Reve
rsal
of c
erta
in a
djus
tmen
ts (i
e. a
ccru
als,
inco
me
rece
ived
in
adv
ance
and
pre
paym
ents
)FI
NAN
CIAL
STA
TEM
ENTS
AN
D N
OTE
S:•
Inco
me
Stat
emen
t•
Bala
nce
Shee
t•
Cash
Flo
w S
tate
men
tAn
alys
is an
d in
dica
tion
of th
e eff
ect o
f tra
nsac
tions
on
the
acco
untin
g eq
uatio
n of
a c
ompa
ny; a
ll tra
nsac
tions
affe
ctin
g a
com
pany
up
to fi
nanc
ial s
tate
men
ts.
Inte
grat
ion
and
repo
rting
and
con
trol o
f fixe
d as
sets
Inte
grat
ion
of e
thic
al c
onsid
erat
ions
rela
ting
toco
mpa
nies
– ro
le o
f sha
reho
lder
s and
dire
ctor
s,m
anip
ulat
ion
of sh
are
pric
es, c
orpo
rate
gov
erna
nce,
etc.
Inte
grat
ion
of in
tern
al a
udit
and
cont
rol p
roce
sses
rela
ting
to c
ompa
nies
.Ap
plic
atio
n of
GAA
P pr
inci
ples
and
IFRS
.
Wee
ks 3
to 7
Unit
2: F
inan
cial
Ac
coun
ting
of
Com
pani
es –
Pr
epar
atio
n of
Fin
al
Acco
unts
and
Fin
anci
al
Stat
emen
ts
50–1
4715
–63
20 Grade 12 ACCOUNTING Term 1
ACCOUNTING Term 1To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
12U
nit
LBTG
Com
pani
es –
An
alys
is an
d in
terp
reta
tion
of fi
nanc
ial
stat
emen
ts
Anal
ysis
and
inte
rpre
tatio
n of
Inco
me
Stat
emen
t,Ba
lanc
e Sh
eet a
nd N
otes
Revi
sion
of th
e fo
llow
ing
indi
cato
rs:
• Gr
oss p
rofit
on
sale
s•
Gros
s pro
fit o
n co
st o
f sal
es•
Net
pro
fit o
n sa
les
• O
pera
ting
expe
nses
on
sale
s•
Ope
ratin
g pr
ofit o
n sa
les
• Cu
rrent
ratio
• Ac
id te
st ra
tio•
Stoc
k tu
rnov
er ra
te•
Stoc
k ho
ldin
g pe
riod
• Av
erag
e de
btor
s’ co
llect
ion
perio
d•
Aver
age
cred
itors
’ pay
men
t per
iod
• So
lven
cy ra
tioIn
trodu
ctio
n an
d co
vera
ge o
f the
follo
win
g fin
anci
alin
dica
tors
:•
Deb
t equ
ity ra
tio•
Retu
rn o
n sh
areh
olde
rs’ e
quity
• Re
turn
on
tota
l cap
ital e
mpl
oyed
• N
et a
sset
val
ue p
er sh
are
• D
ivid
ends
per
shar
e•
Earn
ings
per
shar
e
Wee
ks 8
and
9
Unit
3: F
inan
cial
Ac
coun
ting
of
Com
pani
es –
Ana
lysis
an
d In
terp
reta
tion
of
Fina
ncia
l Sta
tem
ents
148–
188
64–8
2
Anal
ysis
of a
com
pany
’s pu
blish
ed fi
nanc
ial s
tate
men
ts a
nd
annu
al re
ports
com
prisi
ng D
irect
ors’
Repo
rt,In
depe
nden
t Aud
itors
’ Rep
ort,
Abrid
ged
Inco
me
Stat
emen
t, Ba
lanc
e Sh
eet a
nd C
ash
Flow
Sta
tem
ent,
toge
ther
with
ad
ditio
nal i
nfor
mat
ion
rela
ting
to g
over
nanc
e an
d th
e co
mpa
ny’s
activ
ities
.
Wee
k 10
Unit
4: F
inan
cial
Ac
coun
ting
of
Com
pani
es –
Ana
lysis
of
Pub
lishe
d Fi
nanc
ial
Stat
emen
ts
189–
209
83–9
0
21GRADE 12ACCOUNTING Term 2
© Shuter & Shooter PublishersACCOUNTING Term 2
Inve
ntor
y va
luat
ion
Valid
atio
n, v
alua
tion
and
calc
ulat
ion
of in
vent
orie
s of b
usin
esse
s us
ing
the
perp
etua
l and
per
iodi
c in
vent
ory
syst
ems:
• Sp
ecifi
c id
entifi
catio
n (o
f cos
t pric
e pe
r uni
t)•
Firs
t in,
firs
t out
(FIF
O)
• W
eigh
ted
Aver
age
Inte
grat
ion
of G
AAP
prin
cipl
es re
latin
g to
inve
ntor
ies
Inte
grat
ion
of e
thic
al is
sues
rela
ting
to in
vent
orie
sIn
tegr
atio
n of
inte
rnal
aud
it an
d co
ntro
l pro
cedu
res r
elat
ing
to
inve
ntor
ies
Wee
ks 1
to 2
Unit
5: In
vent
ory
syst
ems
294–
314
116–
126
Fixe
d As
sets
Inte
rpre
tatio
n an
d re
porti
ng o
n th
e m
ovem
ents
of fi
xed
asse
ts:
• Ag
e of
ass
ets
• Re
plac
emen
t rat
e•
Life
span
of a
sset
sIn
tegr
atio
n of
GAA
P pr
inci
ples
rela
ting
to fi
xed
asse
ts.
Inte
grat
ion
of e
thic
al is
sues
rela
ting
to fi
xed
asse
ts.
Inte
grat
ion
of in
tern
al a
udit
and
cont
rol p
roce
dure
sre
latin
g to
fixe
d as
sets
Wee
ks 3
to 4
Unit
2: Ta
ngib
le (F
ixed
) As
sets
253–
269
104–
108
Inte
rnal
con
trol
Appl
icat
ion
of in
tern
al c
ontro
l and
inte
rnal
aud
itpr
oces
ses i
n a
busin
ess e
nviro
nmen
t:•
Mea
ns o
f gat
herin
g au
dit e
vide
nce
• Ba
sis fo
r gat
herin
g au
dit e
vide
nce
• Ba
sic sa
mpl
ing
tech
niqu
es•
Inte
rnal
aud
it re
ports
• Ac
coun
tabl
e m
anag
emen
t of r
esou
rces
Unde
rsta
ndin
g th
e di
ffere
nce
betw
een
the
role
s of
inte
rnal
and
ext
erna
l aud
itors
This
topi
c sh
ould
be
cons
olid
ated
, hav
ing
been
inte
grat
ed w
ith o
ther
topi
cs.
Unit
4: In
tern
al C
ontro
l27
8–29
311
1–11
5
22 Grade 12 ACCOUNTING Term 2
ACCOUNTING Term 2To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
12U
nit
LBTG
Cost
ac
coun
ting
Defi
nitio
n an
d ex
plan
atio
n of
acc
ount
ing
conc
epts
uniq
ue to
a m
anuf
actu
ring
busin
ess.
Prep
arat
ion,
pre
sent
atio
n, a
naly
sis, i
nter
pret
atio
nan
d re
porti
ng o
n co
st in
form
atio
n fo
r man
ufac
turin
gen
terp
rises
:•
Prep
arat
ion
of a
pro
duct
ion
cost
stat
emen
t with
not
es fo
r m
anuf
actu
ring
cost
s.•
Prep
arat
ion
of a
shor
t for
m In
com
e St
atem
ent w
ith n
otes
for
adm
inist
ratio
n co
st a
nd se
lling
and
dist
ribut
ion
cost
s.•
Calc
ulat
ion
of g
ross
pro
fit o
n fin
ished
goo
ds so
ld.
• Ca
lcul
atio
n of
var
iabl
e an
d fix
ed c
osts
.•
Calc
ulat
ion
of th
e co
st o
f a p
rodu
ct u
sing
varia
ble
and
fixed
co
sts.
• Ca
lcul
atio
n of
cos
t per
uni
t.•
Calc
ulat
ion
of c
ontri
butio
n pe
r uni
t.•
Calc
ulat
ion
of b
reak
even
poi
nt.
• Ca
lcul
atio
n of
tota
l cos
t of p
rodu
ctio
n.In
tegr
atio
n of
eth
ical
issu
es re
latin
g to
man
ufac
turin
g: p
rodu
ct
age,
raw
mat
eria
ls, su
ppor
t for
loca
l pro
duct
s, pr
ice
fixin
g, th
eft,
fraud
, etc
.In
tegr
atio
n of
inte
rnal
aud
it an
d co
ntro
l pro
cedu
res
rela
ting
to m
anuf
actu
ring.
Wee
ks 5
to 7
Unit
1: C
ost a
ccou
ntin
g39
9–43
815
5–16
9
Reco
ncili
atio
ns
Anal
ysis
and
inte
rpre
tatio
n of
ban
k, d
ebto
rs a
ndcr
edito
rs re
conc
iliat
ions
:•
Reco
ncile
cre
dito
rs’ s
tate
men
ts w
ith th
eir p
erso
nal a
ccou
nts
• Re
conc
ile d
ebto
rs’ l
ists a
nd c
redi
tors
’ list
s with
• co
ntro
l acc
ount
s.•
Anal
yse
and
inte
rpre
t deb
tors
’ age
ana
lysis
• An
alys
e an
d in
terp
ret b
ank
stat
emen
ts a
nd b
ank
reco
ncili
atio
n st
atem
ents
.In
tegr
atio
n of
eth
ical
issu
es re
latin
g to
cas
h, d
ebto
rs a
nd
cred
itors
: pay
men
t per
iods
, int
eres
t, cr
edit
ratin
gs, f
raud
, etc
.In
tegr
atio
n of
inte
rnal
aud
it an
d co
ntro
l iss
ues r
elat
ing
to c
ash,
de
btor
s and
cre
dito
rs.
Wee
ks 8
to 9
Unit
6: R
econ
cilia
tions
315–
356
127–
136
Revi
sion
Revi
sion
of to
pics
cov
ered
dur
ing
the
first
two
term
sW
eeks
10
to 1
1Re
visio
n ex
erci
ses
391–
398
150–
154
23GRADE 12ACCOUNTING Term 3
© Shuter & Shooter PublishersACCOUNTING Term 3
Valu
e Ad
ded
Tax
• VA
T ca
lcul
atio
ns•
Calc
ulat
e th
e am
ount
pay
able
to o
r rec
eiva
ble
from
the
Sout
h Af
rican
Rev
enue
Ser
vice
s (SA
RS)
• Co
mpl
etio
n of
the
VAT
cont
rol l
edge
r acc
ount
from
giv
en
info
rmat
ion
Inte
grat
ion
of e
thic
al is
sues
rela
ting
to V
AT. I
nteg
ratio
n of
in
tern
al a
udit
and
cont
rol p
roce
dure
s rel
atin
g to
VAT
Wee
ks 1
to 2
Unit
7: V
alue
Add
ed Ta
x (V
AT)
357–
390
137–
149
Budg
etin
g
Anal
ysis,
inte
rpre
tatio
n an
d co
mpa
rison
of p
roje
cted
inco
me
stat
emen
ts fo
r the
sole
trad
er o
r com
pani
esPr
ojec
ted
Inco
me
Stat
emen
t:•
Sale
s•
Cost
of s
ales
• Ex
pens
es•
Inco
me
• Pr
ofits
.An
alys
is, in
terp
reta
tion
and
com
paris
on o
f cas
h bu
dget
s for
the
sole
trad
er o
r com
pani
esCa
sh B
udge
ts:
• Re
ceip
ts•
Paym
ents
• D
ebto
rs’ c
olle
ctio
n•
Cred
itors
’ pay
men
t•
Cash
bal
ance
s.In
tegr
atio
n of
eth
ical
issu
es re
latin
g to
bud
getin
g an
d pr
ojec
tions
.In
tegr
atio
n of
inte
rnal
aud
it an
d co
ntro
l pro
cedu
res r
elat
ing
to
rela
ting
to b
udge
ting
and
proj
ectio
ns b
y co
mpa
ring
budg
et to
ac
tual
figu
res.
Wee
ks 3
to 6
Unit
2: B
udge
ting
439–
481
170–
185
Revi
sion
Revi
sion
for e
xam
sW
eeks
7 a
nd 8
Revi
sion
exer
cise
s48
2–49
018
6–19
1
24 Grade 12 ACCOUNTING Term 4
ACCOUNTING Term 4To
pic
Cont
ent
Tim
e al
loca
tion
Whe
re to
find
it in
Top
Cla
ss A
ccou
ntin
g Gr
ade
12U
nit
LBTG
Revi
sion
Revi
sion
of a
ll to
pics
in p
repa
ratio
n fo
r fina
l exa
min
atio
nsW
eeks
1 to
3Re
visio
n ex
erci
ses
494–
534
192–
211
25PROGRAMME OF ASSESSMENT
PROGRAMME OF ASSESSMENT
Grade 10Term Assessment task Page references
1Presentation LB page 126
TG pages 45–51Control Test
2Project LB page 225
TG pages 102–104Control Test
3Case study LB page 278
TG pages 127–130Control Test
4 Final examination LB page 324TG pages 163–171
Grade 11Term Assessment task Page references
1Written report LB page 214
TG pages 87–88Control Test
2Project LB page 325
TG pages 132–135Control Test
3Case Study LB page 463
TG pages 182–183Control Test
4 Final examination LB page 516TG pages 216–228
Grade 12Term Assessment task Page references
1Written report LB page 210
TG page 87–90Control Test
2 Project LB page 386TG page 147–149
3
Case study LB page 477TG page 182–185
Trial examination LB page 535TG page 212–223
4 Final examination
SALES CONTACTS
TVET Colleges Vaasna Sing 063 251 8566 [email protected]
Booksellers Vaasna Sing 063 251 8566 [email protected]
Eastern Cape Sydney Nquma 083 253 6761 [email protected]
Free State Dimagatso Makhurane 083 215 6835 [email protected]
Gauteng Themba Msimanga 082 445 6435 [email protected]
KwaZulu-Natal Khanyo Cele 083 281 0849 [email protected]
Limpopo Dimagatso Makhurane 083 215 6835 [email protected]
Mpumalanga Sharmlla Naik 083 287 6883 [email protected]
Northern Cape Colette van der Merwe 071 851 1814 [email protected]
North West Phemelo Maiphehlo 083 378 8725 [email protected]
Western Cape Colette van der Merwe 071 851 1814 [email protected]
Teacher Training Vickesh Thandray 060 545 2264 [email protected]
CUSTOMER SERVICES:Sylvie Doarsamy +27 (0) 33 846 8723 [email protected]
Thandeka Ngcobo +27 (0) 33 846 8724 [email protected]
Zandile Mthethwa +27 (0) 33 846 8721 [email protected]
Mbali Kunene +27 (0) 33 846 8722 [email protected]
HEAD OFFICETel: +27 (0) 33 846 8721 / 22 / 23 / 24
Fax: +27 (0) 33 846 8701
Pietermaritzburg · Johannesburg · Cape Town · East London
OS1
0013
62
www.facebook.com/shuterandshooter • www.shuters.co.za
www.facebook.aceitstudyguides • www.aceitstudyguides.co.za
Top Related