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.
View the full list of winners in each province.