Scorer secures second spot in national accounting olympiad

Amanzimtoti High School pupil, Sean Scorer finished joint second place in the grade 11 division of the South African Institute of Professional Accountants (SAIPA’s) 2017 National Accounting Olympiad.

The 17-year-old academic tied for second place with Nabeel Fazluddin from King Edward VII School in Gauteng with 94%.

Third place was shared by Alet Muller of Hoër Meisieskool Bloemhof in the Western Cape and Felicia Makondo of EPP Mhinga Secondary School in Limpopo, both with a score of 92%.

This year SAIPA opened the competition to grade 11 pupils for the first time since its inception in 2002, with Deandre De Meyer of Stellenberg High School in the Western Cape achieving first place with a mark of 96%.

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There has been a marked increase in the number of schools and pupils participating in this year’s National Accounting Olympiad due to a growing interest in the accountancy profession, as well as massive awareness drive initiated by SAIPA.

The competition is divided into two rounds and grade 11 pupils had to achieve a score of 60% or more to advance to the second round and grade 12 pupils had to score 65% or more to qualify for writing the second paper.

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The top performers received, among others, bursaries valued between R10,000 and R35,000 in school or university fees.

Part of SAIPA’s future strategy is to open the olympiad to pupils from grade 10 to grade 12.