This document is the Term 1 2026 Revision Activity Book for Grade 12 Accounting, issued by the Western Cape Education Department. It contains study guidance on succeeding in Accounting, a summary of basic accounting rules and classification of accounts, a Pre-Test on GAAP principles and terminology, and twelve activities covering share buy-backs and share capital notes, SARS (income tax) accounts, adjustments and full financial statements, notes to the Statement of Financial Position, audit reports, and cash flow statements with financial indicator calculations.
Grade 12 students will find this activity book useful because they can practise every major topic in the Term 1 syllabus in exam format and check their understanding using the accompanying memo.