# Grade 11 Accounting Notes

> CAPS-aligned Grade 11 Accounting revision notes, broken down topic by topic with worked examples, diagrams, and key definitions.

- Page: https://www.hlayiso.com/grade-11/accounting/notes

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## Topics

Each section has a free preview; the full notes are in the free Hlayiso account.

### PARTNERSHIPS:

- [PARTNERSHIPS: notes](https://www.hlayiso.com/grade-11/accounting/notes/partnerships)
- [Partnership Financial Statements](https://www.hlayiso.com/grade-11/accounting/notes/partnerships/partnership-financial-statements)
- [Financial Indicators: Profitability](https://www.hlayiso.com/grade-11/accounting/notes/partnerships/financial-indicators-profitability)
- [Financial Indicators: Liquidity](https://www.hlayiso.com/grade-11/accounting/notes/partnerships/financial-indicators-liquidity)
- [Financial Indicators: Solvency, Risk & Return](https://www.hlayiso.com/grade-11/accounting/notes/partnerships/financial-indicators-solvency-risk-and-return)

### FIXED ASSETS

- [FIXED ASSETS notes](https://www.hlayiso.com/grade-11/accounting/notes/fixed-assets)
- [The Fixed Asset Register](https://www.hlayiso.com/grade-11/accounting/notes/fixed-assets/the-fixed-asset-register)
- [Depreciation](https://www.hlayiso.com/grade-11/accounting/notes/fixed-assets/depreciation)
- [Disposal of Fixed Assets](https://www.hlayiso.com/grade-11/accounting/notes/fixed-assets/disposal-of-fixed-assets)
- [Ethics & Internal Controls: Fixed Assets](https://www.hlayiso.com/grade-11/accounting/notes/fixed-assets/ethics-and-internal-controls-fixed-assets)

### RECONCILIATION

- [RECONCILIATION notes](https://www.hlayiso.com/grade-11/accounting/notes/reconciliation)
- [Bank Reconciliation Statements](https://www.hlayiso.com/grade-11/accounting/notes/reconciliation/bank-reconciliation-statements)
- [Creditors' Reconciliation](https://www.hlayiso.com/grade-11/accounting/notes/reconciliation/creditors-reconciliation)
- [Ethics & Internal Controls: Reconciliation](https://www.hlayiso.com/grade-11/accounting/notes/reconciliation/ethics-and-internal-controls-reconciliation)

### VALUE ADDED TAX (VAT)

- [VALUE ADDED TAX (VAT) notes](https://www.hlayiso.com/grade-11/accounting/notes/value-added-tax-vat)
- [Introduction to VAT](https://www.hlayiso.com/grade-11/accounting/notes/value-added-tax-vat/introduction-to-vat)
- [VAT Concepts & Rates](https://www.hlayiso.com/grade-11/accounting/notes/value-added-tax-vat/vat-concepts-and-rates)
- [VAT Calculations](https://www.hlayiso.com/grade-11/accounting/notes/value-added-tax-vat/vat-calculations)
- [Ethics & Internal Controls: VAT](https://www.hlayiso.com/grade-11/accounting/notes/value-added-tax-vat/ethics-and-internal-controls-vat)

### COST ACCOUNTING

- [COST ACCOUNTING notes](https://www.hlayiso.com/grade-11/accounting/notes/cost-accounting)
- [Cost Concepts & Classifications](https://www.hlayiso.com/grade-11/accounting/notes/cost-accounting/cost-concepts-and-classifications)
- [Break-Even Point](https://www.hlayiso.com/grade-11/accounting/notes/cost-accounting/break-even-point)
- [Manufacturing Ledger Accounts](https://www.hlayiso.com/grade-11/accounting/notes/cost-accounting/manufacturing-ledger-accounts)
- [Ethics & Internal Controls: Manufacturing](https://www.hlayiso.com/grade-11/accounting/notes/cost-accounting/ethics-and-internal-controls-manufacturing)

### FINANCIAL ACCOUNTING OF PARTNERSHIPS

- [FINANCIAL ACCOUNTING OF PARTNERSHIPS notes](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships)
- [Introduction to Partnerships](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships/introduction-to-partnerships)
- [IFRS and GAAP Principles](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships/ifrs-and-gaap-principles)
- [Partnership Accounting Cycle](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships/partnership-accounting-cycle)
- [Year-End Adjustments](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships/year-end-adjustments)
- [Appropriation & Profit Distribution](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships/appropriation-and-profit-distribution)
- [Reversal of Year-End Adjustments](https://www.hlayiso.com/grade-11/accounting/notes/financial-accounting-of-partnerships/reversal-of-year-end-adjustments)

### INVENTORY SYSTEMS

- [INVENTORY SYSTEMS notes](https://www.hlayiso.com/grade-11/accounting/notes/inventory-systems)
- [Perpetual vs Periodic Stock Systems](https://www.hlayiso.com/grade-11/accounting/notes/inventory-systems/perpetual-vs-periodic-stock-systems)
- [Calculating Cost of Sales & Gross Profit](https://www.hlayiso.com/grade-11/accounting/notes/inventory-systems/calculating-cost-of-sales-and-gross-profit)
- [Ethics & Internal Controls: Stock](https://www.hlayiso.com/grade-11/accounting/notes/inventory-systems/ethics-and-internal-controls-stock)

### BUDGETING:

- [BUDGETING: notes](https://www.hlayiso.com/grade-11/accounting/notes/budgeting)
- [Introduction to Budgeting](https://www.hlayiso.com/grade-11/accounting/notes/budgeting/introduction-to-budgeting)
- [Projected Income Statement](https://www.hlayiso.com/grade-11/accounting/notes/budgeting/projected-income-statement)
- [Cash Budgets](https://www.hlayiso.com/grade-11/accounting/notes/budgeting/cash-budgets)
- [Ethics & Internal Controls: Budgeting](https://www.hlayiso.com/grade-11/accounting/notes/budgeting/ethics-and-internal-controls-budgeting)

## Frequently asked questions

### Are the Grade 11 Accounting notes free?

Each Grade 11 Accounting note section has a free preview on Hlayiso. Create a free Hlayiso account to read the full notes on the web or in the app; the free plan has daily limits.

### Are the notes aligned with CAPS and the ATP?

Yes. All Grade 11 Accounting notes are written against the official CAPS curriculum and ATP so you only study what’s examinable.

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