The School of Accounting Economics and Finance in partnership with accounting firm Ernst and Young recognised top achievers at the Accounting 300 awards ceremony held in Durban recently.

The event rewards the achievements of top students and also gives them a platform to showcase their skills to Ernst and Young in the hope of future employment.

In the presentations, students were required to analyse financial statements of a top 100 listed company on the Johannesburg Stock Exchange.

Working closely with their lecturers for guidance the groups had to creatively translate theory into practical scenarios.

Accounting Lecturer, Ms Salma Vanker, said the exercise helped students enter the workplace better prepared.

‘The project is of great value as it brings together the theory taught and the application thereof. It allows students to hone in on report writing skills, master their presentation skills and provides an outlet for students with creativity.

‘The project has been running for many years as a joint initiative between UKZN and Ernst and Young and we would like to thank the firm for their continued support,’ said Vanker.

Team 006 chose to examine the financial aspect of Netcare Limited while the Corporate Supremacists group looked at Woolworths Holding Limited’s ratio and share analysis.

The Supernova group decided to adopt a business news bulletin format to make their presentation on Pick n Pay.

The Cash Cow group won after impressing the judges by adopting a game show theme titled “Invest or Don’t Invest” which analysed the benefits and risks of investing with Mr Price Group Limited.

Ernst & Young Director, Ms Jane Oliva, said her company was scouting for future employees who had energy, enthusiasm and the courage to lead and the Accounting 300 event capture all those elements.

‘It is not only about technical content but also about presentation skills, creativity and the energy of the students.

‘Everyone who has presented has produced quality which has given them an edge over their peers that is why we continue to build a relationship with UKZN,’ said Oliva.

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