Accounting contest has new format

2010-07-07 00:00

FOLLOWING the success of the 2009 Accounting Olympiad, the South African Institute of Professional Accountants (SAIPA) is introducing a new format to the competition that will allow for greater participation by schools. The event is now split into two rounds with the first executed by the schools themselves. Top performers from the first phase are selected to participate in the second part, from which SAIPA will accept five entries from each school.

The event promises to be a success, with more than 700 schools participating nationwide, 500 more than the previous year.

The first round will take place on Friday, August 13, and the second on Friday, August 27.

The winner of the Olympiad will receive a bursary to study in the commerce sector.

All schools are encouraged to join. Closing date for applications is Friday, 23 July.

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