Temple school of Accountancy

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Get prepared for year 2022

Accounting exams will start tomorrow.

Some guidelines:

1. Read the instructions.
2. Plan your time before you start.
3.Tackle the easiest questions first.
4. Finish off answering each question when your time allocation for the question is up.
5.Hand in all your workings.
6. Do remember to be neat, also include all proper headings, dates, sub-totals, etc. A lot of marks can be lost if you don’t.
7.Only answer as many questions as you are asked to tackle by the examiner. Extra answers will not normally be marked and certainly won’t get credit.
8.Underline the key words in each question to ensure that you answer the question set, and not the question you wrongly take it to be.
9.Never write out the text of essay questions.

Best of luck with your examination.

Coping with failure

During the recent years, the number of young people making wrong and irreversible decision has been rising partly because the educational system is mostly about passing and winning; It tends to ignore the reality of life and does not teach students how to bounce back and move forward when things go wrong.

A teacher should not limit himself to the language of excellent results and success only as we all know that in reality there are times that we make mistakes. Things may go wrong – and sometimes badly. We may get rejected from jobs that we apply for. We may fail exams or get fired. And our proposals may get turned down or our projects end in failure.

Students should also be taught to accept and recover from setbacks, get unstuck and prepare for the future without losing hope.

Our greatest glory is not in never failing, but in rising every time we fail.

ACCOUNTING O LEVEL & A LEVEL

When you choose to study Accounting, you choose a future full of possibilities. A career in Accountancy will take you where you want to go.

Students with Accounting background can do a lot more. It's just a matter of having the right coaching.

They have wide opportunities with respect to the higher studies they want to pursue and their professional life.

Accountancy is highly flexible. Whether you want to work in fashion, politics, sport or business - Accountancy could route you in.

BUSINESS & ENTREPRENEURSHIP EDUCATION (GRADE 7-9)

Our children and young people are the backbone of the socio-economic development of our country.

To progress towards a balanced, active and productive lifestyle, young people must make sense of the importance of their economic wellbeing and recognise that the aim of the BEE Curriculum is to develop their knowledge and understanding of the dynamic business and economic environment in which they live.

The youth must also appreciate that being exposed to Business and Entrepreneurship Education not only allows them to develop the knowledge, skills and values but also gives them the right to shape their future economic wellbeing responsibly.

The importance of Business and Entrepreneurship Education (Grade 7 – 9)

Entrepreneurship Education aids students from all socioeconomic backgrounds to think outside the box and nurture unconventional talents and skills. It creates opportunities, ensures social justice & instils confidence. Entrepreneurship Education is a lifelong learning process, starting as early as in college Grade 7 and progressing through all levels of education, including professional level education.

Introducing young kids to Business & Entrepreneurship Education develops their initiative, helps them to be more creative & self-confident in whatever they undertake and finally helps them to understand the importance of higher-level subject like Accounting.

BUSINESS & ENTREPRENEURSHIP EDUCATION (BEE)
GRADE 7 TO 9 - National Certificate of Education (NCE) Level

Business & Entrepreneurship Education has emerged as a new subject and it lays the foundation for understanding the diverse aspects of the modern business environment while initiating learners towards a culture of entrepreneurship and developing an interest for business acumen.

The content knowledge in Business and Entrepreneurship
Education (BEE) will enable learners to apply and transfer the knowledge and skills acquired to other subject areas and also build a strong foundation for those who wish to move to upper classes.

Business and Entrepreneurship Education (BEE), a core subject in grade 7 to 9, lay the foundation to Accounting (grade 10 to 13). The content has been crafted in such a way to allow for an incremental and continuous improvement of the learners’ cognitive skills.

Business and Entrepreneurship Education (BEE) provides the basics that should help students to develop key competencies, knowledge and skills that would make him or her a successful learner in Accounting for the grades beyond. A good preparation in Business & Entrepreneurship Education (NCE level) will certainly improve results in Accounting (SC & HSC level).

Dear Parents/students/Education Lovers

‘’What gets measured gets done’’ Peter Drucker, a brilliant management theorist.

Key Performance Indicators are generally used in organization to ensure that things are going in the right direction to achieve the objectives that have been set.

The same technique can be used to monitor the performance of students all throughout the year. It means regular measurement and reporting keeps them focused — because the tutor can use that information to make decisions to improve results. Performance indicator is a useful tool to diagnose strengths and weaknesses of students, take remedial actions and ensure they are heading in the direction of excellent results.

Dear Parents/students/Education lovers

The Time-Factor

Even the most hard-working & well-prepared students sometimes fail to get good marks if they don't manage their time properly in the exam hall. Managing your time effectively in the exam is critical to success.

Effective time management starts as you are walking to your desk in the exam hall. e.g.: For the structured written paper (paper 2 - 105mins - 100 marks), you should be prepared to allocate 1 minute or less to each mark. The paper is made up of 35% of evaluation & analysis- So, don't allow yourself to become bogged-down in the less easy parts of the paper.

In the light of the above, it is crucial to do a maximum of past exam questions under exam time-constrained condition.

Failing to prepare is preparing to fail.

Dear Parents/Students/Education lovers

This follows my first post where we noted that in year 2016 only 38% of the students taking part to SC examination have been able to get a credit.

The first reason that might explain this poor performance is the change in the syllabus and examination format which was done to equip students for success in the modern economic and business contexts. The syllabus & examination are structured in a way that learners can attain both practical skills and theoretical knowledge. This forms an ideal foundation for further study and a future career within the profession. Students are now expected to evaluate & analyse accounting scenarios and 35 – 40% of the marks are allocated to the demonstration of these abilities.

Consequently, the preparation of the students must be adapted accordingly to unlock their potential with appropriate teaching skills and strategies.