Grade 12 Accounting exam papers and memos for 2024 November are an essential study resource for learners preparing for their final Grade 12 examinations. This subject focuses on financial statements, interpretation of accounts, costing, and company financial management. The exam is divided into Paper 1 and Paper 2, each testing different aspects of the curriculum. … Read more
On this page, you will find past exam question papers for Accounting Grade 12 May/June exams for the year 2025. Paper 1 of Accounting paper was written on the 20th of May 2025, while paper 2 was written on the 4th of June 2005. Below is a list of what we managed to gather on … Read more
Cost Accounting is a core part of Grade 12 Accounting Paper 2 and is tested every year. In 2024, Question 4 covered two key areas: While many learners performed well in the basic calculations, the report shows that most candidates struggled with the interpretation and adjustments, especially where context changed slightly or when two-step working … Read more
Budgeting is one of the key topics in Grade 12 Accounting Paper 2, but in the 2024 exam, learners performed far worse than expected. According to the diagnostic report, Question 3 had an average score of only 48 percent, with some provinces falling below 40 percent in the first part alone. This topic includes the … Read more
Accounting Stock Valuation is one of the most consistent topics in Grade 12 Accounting Paper 2. Whether the question is based on FIFO, weighted-average, or closing stock, it shows up every year, and it is always linked to easy calculation marks and short interpretation questions. In the 2024 final exam, Question 2 focused on four … Read more
In Paper 2 of the Grade 12 Accounting exam, Question 1 is built around three important topics: All three are core to the Accounting curriculum, and all three are covered from Grade 10 to Grade 12. But the 2024 NSC diagnostic report showed that learners are still making avoidable mistakes, even on the easy marks. … Read more
Corporate Governance questions in Grade 12 Accounting are some of the most misunderstood parts of Paper 1. The topic is not based on calculations. It tests how well you understand the real-world roles of directors, auditors, and shareholders, and how their actions affect the integrity of a business. In the 2024 NSC exam, Question 4 … Read more
The Retained Income, Cash Flow Statement and Financial Indicators question in Paper 1 Grade 12 Accounting, is one of the most predictable and heavily tested every year. It covers three things that learners should already know from previous grades: Yet according to the 2024 national Accounting diagnostic report, thousands of learners are still failing to … Read more
If you are in Grade 12 Accounting and you are struggling with Company Financial Statements, this is where you fix it. Every year, learners lose marks on this question for the same reasons. You are not failing because the question is too hard. You are failing because you do not know how to calculate certain … Read more
Based on previously written examinations (2020 to 2024), we have found out that Grade 12 Accounting subject becomes challenging in the Cash Flow Statement, Budgeting, and interpretation-type questions. It becomes easy when dealing with questions such as Debtors Reconciliation, Concepts and VAT, Stock Valuation, and Fixed Asset Calculations. On this page we will look at … Read more