Accounting competition winners set to grow SA economy
Helping to grow the South African economy is the ultimate prize for winners of the annual Accounting Olympiad, a competition for high school learners hosted by the South African Institute of Professional Accountants (SAIPA).
Accounting is a basic need and vital element of every business as it records business growth and suggests future action based on analysis and experience. In order to qualify for a career in accountancy, pupils need to matriculate in maths and not switch to maths literacy.
The aim of the National Accounting Olympiad is to make accounting as a subject more accessible to all students, and to introduce the option of professional accountancy as a career opportunity.
“Given the scarcity of those who are qualified as a Professional Accountant (SA) and the importance of mathematics and accounting to the greater economy, we actively participate in producing future professional accounting leaders in the numbers required to build the economy and create jobs,” says Cindy Dibete, chairperson of SAIPA.
“Learners who participated in the competition took an important decision about their own careers and enabling an economy desperately in need of job creation,” says Dibete.
Participants in the competition are Grade 12 learners, who wish to follow a career in accountancy. Once identified for participation by their teachers, the learners compete against each other for eligibility and the top candidates from each school write the regional exam. The winners of each region then participate in a national exam, with six overall winners determined by the exam results.
Winners in the public schools category (male):
Winner: Jacobus Johannes Schoeman, Vredenburg Hoëskool, Western Cape, 100%
Runner-up: Moeketsi Comfort Molale, Forte High School, Gauteng, 98%
Tied winners in the public schools category (female):
Ayanda Mabunda, E.P.P. Mhinga Secondary School, Limpopo, 100%
Uviwe Mbombela, Queenstown Girls’ High School, Eastern Cape, 100%
Winners in the private schools category:
Winner (male): Roger Song, Reddam House Bedfordview, Gauteng, 94%
Winner (female): Raadiyah Mohamed Patel, Maritzburg Muslim School for Girls, Kwa-Zulu Natal, 91%
The national winners of the 2015 SAIPA Accounting Olympiad will be awarded their prizes at a gala function in Johannesburg on 1 October 2015.
A list of winners in each province is available at http://bit.ly/2015olympiad