Grade 11 Accounting - South Africa

This course focuses on developing accounting knowledge, skills, and values across financial, managerial, and auditing fields. It emphasizes ethical behavior, transparency, and accountability in financial reporting and decision-making. Learners interpret and analyze financial data to make informed decisions.

Term 1

The first term typically covers topics such as:

• Ethics and Fixed Assets: Introduction to ethical principles in accounting and the accounting treatment of fixed assets.
• Close Corporations and Internal Control: Understanding the structure and accounting practices of close corporations, along with internal control mechanisms.
• Inventory Systems: Different methods of inventory valuation and management.
• Reconciliations: Bank reconciliations and creditor reconciliations.
• Value Added Tax (VAT): Calculations and accounting for VAT.

Additional resources for Term 1 include revision activities covering bank and creditor reconciliations, fixed assets, partnership accounts, and final accounts. A lesson booklet with solutions is also available.

Term 2

Topics covered in the second term may include:

• Partnerships: Accounting for partnerships, including the unique ledger accounts and analysis based on the AOL.
• Cost Accounting: Introduction to cost accounting principles and methods.
• Budgeting: Developing and analyzing budgets.
• Company Financial Statements: Interpreting and analyzing company financial statements.

Term 3

The third term focuses on revision and exam preparation, covering all topics from the previous terms.

Annual Teaching Plan (ATP)

The Department of Basic Education provides an Annual Teaching Plan (ATP) outlining the weekly plan for each term, including core concepts, skills, and values. The ATP serves as a guide to what learners should achieve by the end of each term.

Assessment

The Programme of Assessment for Accounting in Grades 10 and 11 consists of seven internally assessed tasks. Past exam papers are available for practice and revision.

Additional resources include learner and teacher guides, textbooks, and online learning platforms.