RBI commended for its efforts in promoting accountancy education


By KEDIBONE MOLAETSI

5 September 2024- The North West MEC for Education, Viola Motsumi has commended the Royal Bafokeng Institute [RBI] for its efforts in promoting accountancy education among learners. Motsumi delivered an address at the RBI Accountancy Education Summit held at the Phokeng Civic Centre today.

She further said the theme was: “The South African Accountancy Education Crisis: How do we solve the challenges?” Motsumi added that the summit’s objective was to examine the current state of accountancy education in South Africa, encompassing primary and secondary schools, as well as tertiary institutions and the industry.

“The overarching aim is to tackle the issues confronting accountancy education and devise strategies to stimulate interest and performance in this crucial field of study.

“These challenges include declining enrolment numbers, as well as learners’ underperformance and teachers’ inadequate grasp of the curriculum.There is a necessity of comprehending the historical context of accountancy education in South Africa, particularly within previously disadvantaged communities, to address these challenges effectively,” she said.

Motsumi said they must reconceptualize their schools as hubs of excellence, where accountancy education is accorded priority and students are encouraged to pursue this field of study with confidence. She said her department remains committed to addressing these challenges, facing the accountancy fraternity with urgency by working closely with the Royal Bafokeng Institute to produce a generation of financial professionals within the province.

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