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Improved 2012 maths results mean it's time to develop new accountants

by , 16 January 2013
Improved 2012 maths results mean it's time to develop new accountantsAs a qualified accountant, you can't afford to rest on your laurels. The improvement in 2012's matric maths results means we'll soon have an influx of new accountants on the market, jockeying for your desk. But this is a good thing, as it's everyone's responsibility to do their bit to improve the accounting industry standard.

SAICA says learners, parents, teachers, school governing bodies and government all need to play a role in producing high quality matric learners eligible to study key professions such as accounting, engineering, commerce and science. 
Chantyl Mulder, senior executive for Professional Development, Transformation and Growth at the South African Institute of Chartered Accountants (SAICA), says, 'Mathematics is a gateway to all these professions, therefore, we need to encourage and support our learners to study mathematics and aim for good results,' she says.
One of SAICA's prime functions is to rapidly grow the number of the nation's prospective accountants. Tasked with boosting the numbers of black CAs(SA), the institute's Thuthuka Bursary Fund offers about 350 bursaries to African and Coloured South African grade 12 learners with exceptional all round marks, specifically in Mathematics and English.
'Learners take the easier maths literacy option hoping to achieve a better matric. But, maths literacy dramatically reduces their options for further study and employment. We need to produce highly skilled and educated African professionals,' adds Mulder. 
You can do your bit to help future accountants in other ways.
Here's how you can get involved in helping future accountants

Why not give a talk to high schooler learners, encouraging them to study accounting and maths? Many high schoolers aren't sure what a specific job will entail, so this would give them some insight into the opportunities available.
You can also host a job shadowing day or take part in an initiative like Take a Girl Child To Work Day, where the high schoolers can come in to your office, get their hands dirty and get a feel for the accounting industry.
Going forward, SAICA will continue to support and encourage learners to take up mathematics as well as target the grades 8 and 9 learners through its Thuthuka Maths Olympiad programmes as South Africa's hosting the International Maths Olympiad (IMO) in 2014.
Now's the time to get involved and do your bit to mentor our future accountants. For more on accounting best practice, sign up for our free daily Tax Bulletin newsletter!


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