Acts Online
GT Shield

Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Chartered Accountancy Charter

Section D : Challenges

Challenges Facing the CA Profession

Employment Equity

15.2.1 Secondary Education Level

 

The aim is to create a pipeline of possible candidates for employment in the CA sector, by contributing to the education of secondary school learners who would be eligible to enter tertiary education institutions in the field of accountancy and auditing. The target at this level is thus to increase the percentage of black learners who enter under undergraduate programmes in the accountancy field.

 

Current situation/challenges

Recommended activities

A lack of career awareness, coupled with inadequate subject choice guidance, with the result that
o insufficient black learners know about accountancy and related positions in the profession
o not enough learners and educators are aware of the importance of mathematics (maths higher grade) for career purposes
o insufficient mathematics (maths higher grade) educators are available to teach this subject
o learners do not have appropriate numeracy and English literacy skills upon entering higher education institutions
Uneven standard of education, so learners are not sufficiently prepared for the rigors of tertiary level education or working in the public practice environment
To increase the pool of learners for professions that need a good grounding in mathematics (maths higher grade) by improving awareness of the importance of mathematics (maths higher grade)
To increase awareness of chartered accountancy as a profession
To increase career awareness with regard to related career opportunities
To increase the general level of business skills at secondary school level