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Accounting students present findings on three JSE-listed companies

2010/11/23 05:27:00 PM

Third year Accounting students recently presented their financial evaluations of three Johannesburg Stock Exchange listed companies.

Third year Accounting students recently presented their financial evaluations of three Johannesburg Stock Exchange listed companies before a panel of judges from leading accounting firm, Ernst & Young, academics and fellow students.

According to course co-ordinator, Mr Timothy Keit, third year Accounting students are required to complete a project as part of their duly performance requirement and as a part of the class mark. The project requires the students to form groups and analyse a listed company’s annual financial report.

“Of the 55 groups who presented this year we selected three who performed very well, all receiving marks in excess of 85 percent for their projects. We have requested the top three groups to re-present at the award event.” Mr Keit said.

The winning team, Investor Edge, investigated the Mass Mart Holdings Limited Group. The team of six students adopted a TV business programme format for their presentation. Their analysis provided invaluable information for potential investors and shareholders which could assist in investment decision-making.

Mr Jared Moodley of Investor Edge, said: “The team invested a lot of effort into this project. We researched the company using web-based investment programmes and we are pleased with our achievement.”

The two semi-finalist teams were: Hardboiled Accountants, who analysed Rainbow Chicken Limited, and team Synergy, who presented a financial analysis of Woolworths Holdings Limited.

The presentations enabled the judges to assess the students on presentation skills, technical skills, interpretation skills, team work and interaction. Ms Jane Oliva of Ernst & Young was impressed with the level of presentations saying: “This is a good platform for developing an all rounded student.”

Students, staff and members of the Accounting profession networked after the presentations.

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