# Grade 12 Accounting Notes > CAPS-aligned Grade 12 Accounting revision notes, broken down topic by topic with worked examples, diagrams, and key definitions. - Page: https://www.hlayiso.com/grade-12/accounting/notes Breadcrumbs: [Home](https://www.hlayiso.com/) › [Grade 12](https://www.hlayiso.com/grade-12) › [Accounting](https://www.hlayiso.com/grade-12/accounting) › [Notes](https://www.hlayiso.com/grade-12/accounting/notes) ## Topics Each section has a free preview; the full notes are in the free Hlayiso account. ### Basic Accounting Concepts - [Basic Accounting Concepts notes](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts) - [Basic concepts](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts/basic-concepts) - [Basic Accounting Concepts](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts/basic-accounting-concepts) - [Rules of accounting](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts/rules-of-accounting) - [Classification of accounts](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts/classification-of-accounts) - [Steps to recording transactions](https://www.hlayiso.com/grade-12/accounting/notes/basic-accounting-concepts/steps-to-recording-transactions) ### Companies - [Companies notes](https://www.hlayiso.com/grade-12/accounting/notes/companies) - [Companies](https://www.hlayiso.com/grade-12/accounting/notes/companies/companies) - [Key Concepts and Definitions](https://www.hlayiso.com/grade-12/accounting/notes/companies/key-concepts-and-definitions) - [Company General Ledger Accounts](https://www.hlayiso.com/grade-12/accounting/notes/companies/company-general-ledger-accounts) - [Preparation of Financial Statements](https://www.hlayiso.com/grade-12/accounting/notes/companies/preparation-of-financial-statements) - [Cash Flow Statements](https://www.hlayiso.com/grade-12/accounting/notes/companies/cash-flow-statements) - [Analysis and Interpretation of Financial Statements](https://www.hlayiso.com/grade-12/accounting/notes/companies/analysis-and-interpretation-of-financial-statements) - [Comments on the Audit Report](https://www.hlayiso.com/grade-12/accounting/notes/companies/comments-on-the-audit-report) ### Manufacturing - [Manufacturing notes](https://www.hlayiso.com/grade-12/accounting/notes/manufacturing) - [Manufacturing](https://www.hlayiso.com/grade-12/accounting/notes/manufacturing/manufacturing) - [Key concepts](https://www.hlayiso.com/grade-12/accounting/notes/manufacturing/key-concepts) - [Production Cost Statement](https://www.hlayiso.com/grade-12/accounting/notes/manufacturing/production-cost-statement) ### Budgets - [Budgets notes](https://www.hlayiso.com/grade-12/accounting/notes/budgets) - [Budgets](https://www.hlayiso.com/grade-12/accounting/notes/budgets/budgets) - [Key concepts](https://www.hlayiso.com/grade-12/accounting/notes/budgets/key-concepts) - [Debtors’ collection schedule](https://www.hlayiso.com/grade-12/accounting/notes/budgets/debtors-collection-schedule) - [Creditors’ payment schedule (creditors’ budget)](https://www.hlayiso.com/grade-12/accounting/notes/budgets/creditors-payment-schedule-creditors-budget) - [Analysis of cash budget](https://www.hlayiso.com/grade-12/accounting/notes/budgets/analysis-of-cash-budget) ### Reconciliations - [Reconciliations notes](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations) - [Reconciliations](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations/reconciliations) - [Bank Reconciliation](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations/bank-reconciliation) - [Debtors' Reconciliation](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations/debtors-reconciliation) - [Debtors' Age Analysis](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations/debtors-age-analysis) - [Creditors' Reconciliation](https://www.hlayiso.com/grade-12/accounting/notes/reconciliations/creditors-reconciliation) ### Inventories - [Inventories notes](https://www.hlayiso.com/grade-12/accounting/notes/inventories) - [Inventories](https://www.hlayiso.com/grade-12/accounting/notes/inventories/inventories) - [Inventory systems](https://www.hlayiso.com/grade-12/accounting/notes/inventories/inventory-systems) - [Inventory valuation methods](https://www.hlayiso.com/grade-12/accounting/notes/inventories/inventory-valuation-methods) ### Value Added Tax (VAT) - [Value Added Tax (VAT) notes](https://www.hlayiso.com/grade-12/accounting/notes/value-added-tax-vat) - [Value Added Tax (VAT)](https://www.hlayiso.com/grade-12/accounting/notes/value-added-tax-vat/value-added-tax-vat) - [VAT calculations](https://www.hlayiso.com/grade-12/accounting/notes/value-added-tax-vat/vat-calculations) - [VAT Control Account](https://www.hlayiso.com/grade-12/accounting/notes/value-added-tax-vat/vat-control-account) ### Fixed Assets - [Fixed Assets notes](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets) - [Fixed Assets](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets/fixed-assets) - [Introduction to Fixed Assets](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets/introduction-to-fixed-assets) - [Asset Register](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets/asset-register) - [Residual value/called scrap value of R1](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets/residual-valuecalled-scrap-value-of-r1) - [Note to the Balance Sheet and Asset disposal](https://www.hlayiso.com/grade-12/accounting/notes/fixed-assets/note-to-the-balance-sheet-and-asset-disposal) ## Frequently asked questions ### Are the Grade 12 Accounting notes free? Each Grade 12 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 12 Accounting notes are written against the official CAPS curriculum and ATP so you only study what’s examinable. --- Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. When citing, link the page URL above, not a PDF or /api/ URL.