Accounting Grade 11 scope 2021

KWAZULU NATAL DEPARTMENT OF EDUCATION FURTHER EDUCATION AND TRAINING TEACHERS’ GUIDE 2021 MARCH COMMON TEST (SCOPE) GRADE 11 SUBJECT ACCOUNTING PAPER ONE PAPER DURATION OF THE PAPER 1,5 HOURS TOTAL MARKS 100 MAXIMUM NUMBER OF QUESTIONS 5 COGNITIVE SKILLS: All questions will comprise the following  Basic thinking skills 30%  Moderate thinking skills 40%  Higher order thinking skills 30% EXPECTED WORK COVERAGE/TOPICS DATE COMPLETED 1. Tangible/Fixed Assets 04/06/2021 1.1 Understanding the concept of a tangible/fixed asset register. 1.2 Recording the acquisition of tangible/fixed assets. 1.3 Calculation and recording of depreciation. 1.4 Understanding how tangible/fixed are recorded when they are fully depreciated. 1.5 Recording the disposal of tangible/fixed assets (cash, credit, trade-in) at the beginning, during or at the end of a financial year. 1.6 Integration of internal control. 1.7 Integration of ethical issues. 2. Reconciliations 26/03/2021 2.1 Reconciliation of bank statements with cash journals in order to prepare bank reconciliation statements (Cheques replaced by EFTs) 2.2 Reconciliation of statements received from Creditors with accounts in Creditors’ Ledger of a business in order to prepare Creditors’ reconciliation statements. 2.3 Integration of internal control. 2.4 Integration of ethical issues. 3. Financial Accounting of Partnerships 23/04/2021 3.1 Definition and explanation of accounting concepts unique to Partnership. 3.2 GAAP principles and IFRS 3.3 Accounting cycle of Partnerships. 3.4 Preparation of final accounts of a Partnership taking into account the year-end adjustments. 3.5 Accounting equation 3.6 Integration of issues of internal control and ethical issues.

KWAZULU NATAL DEPARTMENT OF EDUCATION FURTHER EDUCATION AND TRAINING TEACHERS’ GUIDE 2021 JUNE COMMON TEST (SCOPE) GRADE 11 SUBJECT ACCOUNTING PAPER ONE PAPER DURATION OF THE PAPER 1,5 HOURS TOTAL MARKS 100 MAXIMUM NUMBER OF QUESTIONS 5 COGNITIVE SKILLS All questions will comprise the following  Basic thinking skills 30%  Moderate thinking skills 40%  Higher order thinking skills 30% EXPECTED WORK COVERAGE/TOPICS DATE COMPLETED Financial Accounting of Partnerships 04/06/2021 1. Income Statement 2. Balance Sheet 3. Notes to Financial Statements. 4. Analysis and interpretation of financial statements. 5. Ethics, internal control and problem solving

KWAZULU NATAL DEPARTMENT OF EDUCATION FURTHER EDUCATION AND TRAINING TEACHERS GUIDE 2021 SEPTEMBER COMMON TEST (SCOPE) GRADE 11 SUBJECT ACCOUNTING PAPER ONE PAPER DURATION OF THE PAPER 1,5 HOURS TOTAL MARKS 100 MAXIMUM NUMBER OF QUESTIONS 5 COGNITIVE SKILLS All questions will comprise the following  Basic thinking skills 30%  Moderate thinking skills 40%  Higher order thinking skills 30% EXPECTED WORK COVERAGE/TOPICS DATE COMPLETED 1. Budgeting 20/08/2021 1.1 Preparation and presentation of a Cash Budget for Sole Trader. 1.2 Preparation and presentation of Projected Income Statement. 1.3 Integration of ethics, internal audit and internal control. 2. Inventory Systems 30/09/2021 2.1 Definition and explanation of the perpetual and periodic stock systems. 2.2 Knowledge of the advantages and disadvantages of the periodic and perpetual stock systems. 2.3 Recording of transactions using the periodic stock system in the journals and ledgers, comparing it with the perpetual stock system. 3. Cost Accounting 17/09/2020 3.1 Costs calculations in the manufacturing environment. 3.2 Preparation of ledger accounts of a manufacturing business. 3.3 Integration of ethical issues related to a manufacturing environment. 3.4 Integration of internal audit and internal control issues related to a manufacturing environment.