Accounting focuses on measuring performance, as well as processing and communicating financial information about economic sectors.  Ethical behaviour, transparency and accountability are hallmarks of the subject. 

It deals with:

  • the logical, systematic and accurate selection and recording of
  • financial information and transactions, as well as
  • the compilation, analysis, interpretation and communication of interested parties.
  • financial statements and managerial reports for the use by

The subject encompasses accounting knowledge, skills and values that focus on the financial accounting, managerial accounting and auditing fields.  These fields cover a broad spectrum of accounting to prepare learner for a variety of career opportunities.



Accounting learners will be able to:

  • record, analyse and interpret financial and other relevant data
  • in order to make informed decisions
  • present/communicate financial information effectively by using
  • generally accepted accounting practice
  • develop and demonstrate an understanding of fundamental
  • accounting concepts
  • relate skills, knowledge and values to real life contexts and to enter the world of work and to encourage self- development
  • situations in order ensure the balance between theory and practice,
  • organise and manage own finances and activities responsibly and
  • effectively
  • apply principles to solve problems in a judicious and systematic ability to identify and solve problems in the context of the various
  • fields of Accounting
  • manner in a familiar and unfamiliar contexts, thus developing the
  • develop critical, logical and analytical abilities and thought situations
  • processes to enable learners to apply skills to current and new
  • develop the following characteristics:
  1. ethical behaviour
  2. sound judgement
  3. thoroughness
  4. orderliness
  5. accuracy
  6. neatness
    • deal confidently with the demands of an accounting occupation
    • manually or electronically


1. Financial accounting:      

·         Accounting concepts

·         GAAP principles

·         Bookkeeping

·         Accounting equation

·         Final accounts and financial statements

·         Salaries and wages

·         Value-Added Tax

·         Reconciliations

2.  Managerial accounting:   

·         Cost accounting

·         Budgeting

3.  Managing resources:       

·         Indigenous bookkeeping systems

·         Fixed assets

·         Inventory

·         Ethics

·         Internal control