High School Accounting Case Study

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1.1.1. History of accounting education The general definition of accounting is “the recording of transactions including the process of summarising, analysing and reporting these transactions in financial statements” (Macmillan English Dictionary, 2002). Proper accounting is important in the normal day to day life because it is formalised and regulated. It must be systematic, comprehensive and follow widely accepted, standardised accounting principles which are not taught to students at an early stage of their schooling career (Albrecht & Sack, 2000:59). The importance of accounting education is that it is the language of business and the language of all financial things (DoBE, 2003:7). The subject accounting develops learners’ knowledge, skills, values, attitudes and ability to make meaningful and informed personal and collaborative financial decisions in economic and social environments (DoBE, 2003:9). Accountants are …show more content…

The findings of du Plessis (2005:687) support the concerns of van Romburgh (2014:2) regarding the quality of secondary school accounting. This study intends to answer the question raised by Van Romburgh (2014:2) as there is immense critique against high school educators and the secondary school accounting syllabus from both lecturers and students(Van Romburgh,2014:6; Speckman et al, 2014:87).According to the findings of Speckman et al, (2014:88) students suggest that the basics of first year accounting should be introduced to them during Grade 12 as there is a struggle when they get to university due to the fact that some of the topics that they are supposed to know from Grade 12 are new for them during their first year. In grade 12 students make use of answer sheets, which helps them (DOBE,2014:11-29). This contributes to students not understanding the framework of

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