BUSTING THE MYTH ON ACCOUNTING
There are many myths about accounting; Accountants are boring, accountants are male, accountants are mathematicians, computers can replace accountants, the list goes on. The reality, however, is quite different. And so when BIS students choose to study accounting from Year 9 they are learning a subject which could shape their future. Studying accounting can open up career opportunities around the world, whether they actually work in the finance sector or become entrepreneurs and work for themselves, the subject knowledge and skills they have acquired will be invaluable.
Students are introduced to the concept of accounting in Year 8, learning about debits and credits during term 2 of business studies. This allows them to make an informed decision about whether to study IGCSE accounting from Year 9. The subject ranges from the basic accounting equation to preparing financial statements and then, at AS Level, using the financial data to make business decisions.
As expected, some lessons are taught in a traditional way, but I do aim to show our students that accounting can be fun too. Students use accounting theory to play games, make puzzles, produce artwork and even write songs. This year we have solved income statement puzzles and then made our own, we have listened to the ‘debit and credit rap song’ and then made our own version and we have decorated the classroom using the key information we have learnt. Learning in these different ways builds:
- Creativity; allowing students to think differently.
- Confidence; students are able to use and develop their own ideas.
- Responsibility; students are able to manage their own learning.
- Innovation; students are equipped for new and different challenges.
BIS students are not just developing accounting knowledge, they are developing important softer skills too; working in a team and problem solving are just two skills which they will need during and after school life. So we are learning, we are developing and we are busting those accounting myths!
Justine Thatcher
High School Accounting Teacher
Webiste links:
https://www.igcseaccounts.com/
https://www.tutor2u.net/