# Companies

> A company is a legal entity separate from its owners (shareholders). This separation gives companies unique characteristics that affect how their financial statements are prepared, how profits are…

- Page: https://www.hlayiso.com/grade-12/accounting/notes/companies/companies

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## Full notes

This is a preview of the Companies notes for Grade 12 Accounting. Create a free Hlayiso account to read the full notes, practise every question and track your progress.

## More in Companies

- [Key Concepts and Definitions](https://www.hlayiso.com/grade-12/accounting/notes/companies/key-concepts-and-definitions) — Next section
- [All Companies sections](https://www.hlayiso.com/grade-12/accounting/notes/companies)

## Frequently asked questions

### What will I learn in "Companies"?

This section covers Companies as part of Companies in Grade 12 Accounting. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Companies", are written against the official CAPS curriculum and ATP for Grade 12 Accounting.

### What should I study after "Companies"?

Continue with the next section in Companies, or test your understanding with the interactive quiz linked to this section.

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