Accounting

Matric Accountants get to grips with cash flow statements….

Matric Accountants get to grips with cash flow statements….

 

by March 18, 2014 Accounting
Grade 11 Math Lit …experience compound interest.

Grade 11 Math Lit …experience compound interest.

  Mathematical Literacy is an excellent medium to get students involved in general life-skill calculations…..ranging from pre-determining interest requirements on a bond payment plan to calculating paint to application, volume requirements and at the same token, pricing the project.   Samantha Gorman caught in action explaining some of the intricasies of interest in action in day-to-day decision making processes.  [Read More…]

by March 11, 2014 Accounting
Matric Accountants: help with Activity 17

Matric Accountants: help with Activity 17

Matrics, I found this article to assist you with the work we are covering in class. Please take time to work through it. In perpetual inventory system, merchandise inventory and cost of goods sold are updated continuously on each sale and purchase transaction. Some other transactions may also require an update to inventory account for example, sale/purchase return, purchase discounts etc.[Read More…]

by March 4, 2014 Accounting, Math Literacy
Accounting facts and fun

Accounting facts and fun

High School Accounting is a delicate balance between Mathematics, Business Studies and writing. The students need to understand the business terms used and the Mathematics involved. Lessons involve working from textbooks and entering information into accounting worksheets that contain topics and sub topics. Students analyze data, write reports and tackle complex mathematical exercises. Real-world examples are preferable to abstract assignments.[Read More…]

by February 26, 2014 Accounting
Matric Accountants trade on JSE

Matric Accountants trade on JSE

Students at Silvermine Academy are now investing directly on the JSE Limited by utilising the JSE demo trading account portal.  The purpose of the exercise is ultimately to expose students to theory in practice, but also to ensure understanding of how the market forces influence trade in securities. Lexi is a staunch Woollies supporter, whereas Lindsey capitalised on Capitec’s increased share[Read More…]

by February 18, 2014 Accounting
Optimisation?

Optimisation?

THE rand is approaching record lows against the dollar. Why then is the output of our major export sectors, mining and manufacturing, not responding? Why is South Africa’s economic growth slowing instead of being boosted by increasing production of exports if the things we produce are now much cheaper for foreigners to buy? There are no simple answers. The exchange[Read More…]

by February 3, 2014 Accounting
10 point pass Accounting exams

10 point pass Accounting exams

Why is it that so many students struggle with accounting exams?  Is it the ambiguity of the concepts or the way in which the subjects are taught in our Universities? This area has been a focus for me over the past few years.  After tutoring several hundred students and seeing the variety of courses available through Universities, both undergraduate and[Read More…]

by August 29, 2013 Accounting
For the Grade 12’s as we approach Pre-Lim’s

For the Grade 12’s as we approach Pre-Lim’s

Exam Preparation: Ten Study Tips Preparing for exams? Give yourself the best chance with these top tenstudy tips. 1. Give yourself enough time to study Don’t leave it until the last minute. While some students do seem to thrive on last-minute ‘cramming’, it’s widely accepted that for most of us, this is not the best way to approach an exam. Set out a[Read More…]

by August 14, 2013 Accounting
When a dear colleague leaves….

When a dear colleague leaves….

  Mrs Delport will be sorely missed for her work ethic, sense of integrity and ‘get the job done’ attitude and for contributing greatly to the stability of our group in general. Always in a good mood, always willing to assist in almost any endeavour and sterling work in designing our timetables – Mrs.Delport will leave a huge empty space, which I am[Read More…]

by July 26, 2013 Accounting
Interesting ….

Interesting ….

Partnership drive brings mutual benefit to China and SA SOUTH Africa is reaping the fruits of its decision — taken 15 years ago by the administration of former president Nelson Mandela — of establishing full diplomatic relations with the People’s Republic of China that today has led to both countries being each other’s major trading partners and growing investment flowing[Read More…]

by May 24, 2013 Accounting