The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money. … Robert Kiyosaki
Accounting is used in a variety of modern economic and business contexts. Accountants help companies of all sizes create strategic plans to maximize success and limit chances of failure. Without accounting it would be very difficult for businesses to analyse their financial performance, which would make it even harder for organisations to make smart decisions for the future.
In Cambridge IGCSE Accounting, learners focus on the skills of recording, reporting, presenting and interpreting financial information; these form an ideal foundation for further study, and for a future career within the Accounting profession.
Career prospects available in Accounting are diverse. You could become a chartered accountant and open up your own firm doing accounting work for various other businesses, or a consulting practice firm etc.
Accountants are trusted and they have integrity. They are known for being organised, logical and rational. People look up to accountants for business advice.
Learners are exposed to all elements of these tenets in the Accounting course taught at Grange School. Also, we teach learners how to make sound decisions that would be in the best interests of organisations that they would likely be working for, or in self-employment.
Business Studies is a subject that embraces some other areas such as Accounting, Marketing and Economics. It is said to be a course of study that teaches the whole gamut of principles of business management. The subject builds a strong foundation for those who wish to move on to further study (A-Levels and university), and training in specialised areas such as management, international business, marketing, accounting, information and communication technology, or entrepreneurship. It will also provide practical skills for those who wish to move directly into the workplace.
Business Studies at Grange School develops learners' understanding of business activity in the public and private sectors, and the importance of innovation and change. Learners find out how the major types of business organisation are established, financed and run, and how their activities are regulated. Learners not only study business concepts and techniques but also related skills such as numeracy and enquiry. Factors influencing business decision-making are also considered, as are the essential values of team-working and interdependence.
Ultimately, all learners (after graduation from whichever field of learning) will encounter the world of business, whether they work in urban or rural areas. Businesses affect the daily lives of all humans as they work, spend, save, invest, travel, and play. They have a signiﬁcant influence on the standard of living and quality of life of humans, and on the environment in which they live.
Engaging in the world of business activities involves studying individuals, communities, and organisations, assessing their needs and problems, and generating solutions. Learners should, therefore, be prepared to possess the conﬁdence and competence required to do so. Young people need to understand how businesses function, the role that businesses play in any society, the opportunities they generate, the skills required, and the impact they would have on their lives and on society, today and in the future.
Economics is the science of common sense; the world is the ‘Econ Lab’. … Prof. Elbert V. Bowden.
Humans are actors in the economic and financial space. The human actions typically entail some risks and uncertainty. The act of bearing risks and uncertainty is entrepreneurship; hence entrepreneurship forms an integral part of study in Economics today. Topics like the allocation of resources in an economy, principles and theories surrounding consumers and producers as they interact as citizens of the local, national and international communities, and the economies of developed and developing nations and how these interrelate, are common areas that Economics address.
So Economics as taught in Grange School (the IGCSE Syllabus) recognises this trend and so learners are trained to develop critical awareness of the global economy in order to gain insight into business and entrepreneurship. Such insight gained would be expected to enable the learner to act in the ownership and management of organisations and markets (industry). At Grange, therefore, the students know from the beginning what direction they are headed as they get exposed to the basic ideas of this ‘science of common sense’ at Key Stage 4.
Learners are made to discover and develop the skills of economic reasoning and analysis as well as evaluation of economic issues in such a way that they are able to make informed judgement. Activities which are done in classrooms and out-of-class include but not limited to: content-rich case studies, cooperative learning, documented problem solving, interactive online lessons, demonstrations, interdisciplinary approaches to learning, student research and projects, as well as using media to enhance teaching and learning.
Brian Bocking says “If you don’t know the difference between theology and religious studies, then you’re a theologian.”
One may ask; why do we do Religious Studies in School? Is studying Religious Studies relevant today? Are we trying to make our children religious?
Studying RS helps us to understand other people’s beliefs and why they do the things they do. It helps us to decide what values are important to us and why. It helps us draw the line between Political and Religious activities. Questions bothering people’s minds such as; Is there God? Is there life after death? What is the purpose of life? Why does God allow suffering? etc, are all addressed in Religious Studies.
IGCSE Religious Studies is an interesting course in which you look at topics such as Christian beliefs, Muslim or Jewish beliefs, their ways of life, justice, crime and punishment; family life and marriage, the roles of men and women in the society, the concept of life after death, religious pilgrimage and historic places and many others. It enlightens and removes the ignorance that causes prejudice, hatred and violence.