Chronicle-2019

38 ACCOUNTING The Accounting Department has once again enjoyed a most successful year. A number of ‘A’ symbols were achieved in the final IEB examination and we wish all our leavers success in their chosen careers. The department is not only concerned with preparing boys for their final examinations, but also with introducing them to aspects of entrepreneurship and business principles. Economic and Management Sciences is offered to Grades 8 and 9. This is a worthwhile subject and allows pupils, amongst other aspects, to prepare a business plan, conduct market research, manufacture a unique product of their own choice, and then to market their product. In addition, we offer an entrepreneurship programme hosted by a professional company linked to the Johannesburg School of Finance. The entrepreneurship component of the syllabus culminates with the annual ‘Businessman of the Year’ dinner, a highly successful and enjoyable evening which takes place towards the end of the year. Accounting is an exceptionally valuable subject at school level. It not only offers definite career opportunities in the accountancy, business and financial sectors, but is also a very good stepping stone to many university qualifications. Most courses nowadays require accounting, while there is no doubt that those who have chosen the subject at school will find it easier coping at university. In addition, the subject is a life skill, especially in terms of personal finances. Very few school leavers know how to open a credit card account, what investment opportunities are available, how to draw up a personal budget and how to do internet banking. I would like to thank my colleagues, Messrs Barend Steyn and Wayne Marsden and Ms Andrea Fripp, for their support and professionalism throughout the academic year. Mr Mike Al bers HOD Accounting Academic Review

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