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Accounting

Grades 10 - 12

About Accounting

Accounting education for Grade 10-12 covering financial statements, managerial accounting, and all CAPS-aligned topics.

Key Features

  • Financial statements
  • Managerial accounting
  • Cash budgets & projections
  • Exam preparation

Topics Covered

Grade 10-12

Recording Financial InformationFinancial StatementsManagerial AccountingManaging ResourcesVATCost Accounting

Common Parent Questions About Accounting

Accounting in the FET phase (Grades 10-12) covers financial accounting (journals, ledgers, financial statements), managerial accounting (budgets, cost accounting), and auditing concepts. It requires strong numeracy skills and attention to detail.

School-level Accounting does not require pure Mathematics as a prerequisite. However, if your child wants to study Accounting or become a Chartered Accountant at university, most universities require Mathematics (not Maths Literacy) for admission.

Yes. iRainbow provides CAPS and IEB-aligned Accounting content for Grades 10-12 with step-by-step video lessons covering journals, ledgers, financial statements, budgets, and exam preparation.