Accounting

Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. 

Warren Buffett

Accounting Details

Accounting is a useful foundational skill that will enable better understanding and access in multiple fields in the working world. The Wynberg Accounting Department provides a digital learning environment for prospective learners. This exposes them to exciting new, and increasingly fast-paced, digital techniques and current business methods. Learners are taught relevant skills, and how to quickly interface with a progressively more digital workplace.

This unique approach sets our boys’ apart from all other schools, leveraging this early experience to give our boys’ the advantage over their peers the moment they enter the business world.

A Word from the Head of Accounting

Ms Lisa Brady

Consisting of Financial Accounting, Managerial Accounting, and Management of Resources, the primary focus of the subject is initially on basic concepts and book-keeping, as well as procedures needed to maintain good internal control within a company. However, as the learners progress the focus moves away from book-keeping to analysis and interpretation. By matric, learners are able to analyse and interpret real-world financial results of public companies listed on the JSE. Time is also spent examining ethical practices, forecasting and budgeting, and a variety of other topics.

Regardless of future career choice, a solid understanding of Accounting will always benefit you as you will be able to apply the knowledge in your personal life. Given the need for entrepreneurs in SA, with some understanding of the mechanisms of finances, Accounting assists in making students real-world ready. While Accounting is not required for any university courses, it does provide a valuable insight into the accounting processes used in business and offers many useful, practical applications.