The effective and efficient use of various sorts of private, public, or shared resources to satisfy people’s wants and preferences is a focus of the discipline of economic and management sciences (EMS). It critically analyses the effects of resource extraction on people, the environment, and both. It also discusses how to make the most of scarce resources to boost revenue.
It incorporates components of the elective subjects Business Studies and Accounting, which are available to students in Grades 10 through 12. In order to help them better comprehend the course material and how it relates to daily life, EMS students are exposed to real-world situations.
Accounting is the practise of keeping track of a company’s financial transactions.
Summarizing, analysing, and reporting these transactions to oversight organisations, regulatory bodies, and tax collection organisations are all parts of the accounting process.
What will accounting teach you and enable you to do?