Goodwood pupil wins accounting competition

A 17-year-old Goodwood pupil has R2 000 cash flow on his balance sheet after winning an accounting competition.

Warren Huang, a Fairbairn College Grade 11 pupil, was crowned the Western Cape winner of the South African Institute of Chartered Accountants (SAICA) Accounting Olympiad. He scored 93%.

More than 4 000 Grade 11 and 12 pupils from all over the country took part in the olympiad in August. The prize-giving was held at Fairbairn College on Friday November 3.

The national winner was Zakkiyya Hoosen, Verulam Secondary School, in Durban, who scored 97%.

Warren won the R2 000 provincial prize; his school took home a trophy and its accounting teacher, Nomtha Qambela, also won R2 000 for being the best accounting teacher in the province.

Huguenot High School pupil Philip Visage came second with 91% and the third place spot went to Rondebosch Boys’ High School pupil Matthew Johnson who scored 90%.

SAICA’s Gugu Makhanya said the olympiad encouraged interest in accounting as a school subject and transformation and growth in the profession.

“This year, we were delighted by the high quality of the entries and the superb results the learners achieved. We commend them and their teachers for their hard work in preparing for the olympiad. It shows that we have a great pipeline of accounting talent for the future,” she said.