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Grade 9 Presentation.mp4Why accounting?
Why accounting?
Accounting is one of the skills learnt at school level which will stand students in good stead in whatever they choose to do in the future. It is one of the skills which are needed in all walks of life.
Accounting should be chosen by students with good logical interpretation and reasoning. It is also a subject that will require a high work ethic and students must have an interest in business.
Recommendations for students choosing to do Accounting:
It is recommended to obtain a minimum Grade 9 mark of 60% in the June exam.
They should enjoy Accounting in Grade 9.
They should have good competency in Core Mathematics and good English comprehension skills.
They should also have good logical reasoning and organizational skills.
Topics covered in Accounting:
Bookkeeping up to trial balance level.
Management Accounting, including the preparation of bank reconciliations, asset management, budgeting and stock valuations.
Preparation of Financial Reports (e.g. Income Statement, Balance Sheet and Cash flow statements) at year end, including all adjustments for the following forms of ownership:
Sole traders
Partnerships
Companies
Analysis and interpretation of financial statements
Cost and manufacturing accounting
Internal control and Ethics within a business
VAT.
In Grades 10 ‐ 12 the promotion marks are determined by combining the final exams, weighted at 75% with the continuous assessment (CASS) mark, weighted at 25%.
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