Matric Accounting notes (IEB) - All sections included

These notes cover basic adjustment principals such as loans, fixed deposits, interest, depreciation, rent calculations, salaries and wages, contributions, cheques, insurance, provision for bad debts, year end adjustments (accrued/deferred income/expense) , etc.

These notes cover an in-depth summary of the cash flow statement, including a focus on each of the 3 types of activities, the format and how to post to the statement, what are inflows and outflows, how to calculate interest, tax and dividends paid as well as the notes for cash generation from operat...

This summary covers the format of both the income statement and balance sheet as well as the respective notes for each. Examples of accounts are given as well as where to post what information. Detailed process of additions and subtractions are clearly indicated. These notes can be used for anyone i...

These notes cover In depth process of dealing with all things related to fixed assets such as asset disposals, depreciation, control of fixed assets, fixed asset managers, GAAP principles, internal control, etc. The fixed asset note is covered in more depth in my financial statements notes available...

These notes cover the basics of companies, the theory which includes definitions of important terms. The processing of transactions and recording of accounts is included. This covers ordinary shares (issue of shares, repurchase of shares, issue of shares at different prices), income tax (provisional...

These notes cover the different types of inventory systems (perpetual and periodic) as well as stock valuation methods (specific identification, FIFO and weighted average). These notes cover the recording of the trading stock, cost of sales, sales and trading accounts as well as calculations to dete...

These notes cover In depth process of manufacturing / cost accounting. Direct and indirect materials, fixed and variable costs, unit cost, mark up, selling price, purchases, labour, factory overheads, admin and selling and distribution, work in progress, finished goods consumable stores are all cove...

An explanation of VAT INPUT and VAT OUTPUT as well as INCLUSIVE and EXCLUSIVE is given. The format of the accounts are shown and a classification of accounts as input or output VAT as well as being positive or negative to that account. Examples of zero rated items are also provided. This is a simple...

Summary includes detailed steps to follow and examples for each of the three types of reconciliations tested through grade 10 to matric.

Summary includes detailed steps and examples of each section as well the layouts.

These notes contain a summary and formula sheet with all the ratios needed in financial analysis, broken down and explained. Indicates what answers are good/bad for a company, what is ideal and what to suggest in exam questions. The first page is all the ratios with a few summary notes; following th...

Summary of the annual audit report process in accounting. Includes what an annual audit report is and what it must include; notes on independent auditors and types of reports(unqualified/qualified/disclaimer); the king code concept. This one page summary document is free to download and access, I h...