Teachers’ Experiences of Teaching Financial Literacy in Economic and Management Sciences (EMS) in Preparing Learners for FET Phase Accounting

Siyacela Nzuza, Jabulisile Ngwenya, Sithembele Ndovela

Abstract


Given that the South African school curriculum offers Accounting subject at a secondary education level in the Further Education and Training (FET) Phase, the content of this subject requires that learners should acquire its basics in the Economic and Management Sciences (EMS) subject in the General Education and Training (GET) phase through the effective teaching of a Financial Literacy component, which forms part of the EMS content. This article explores teachers’ experiences of teaching Financial Literacy in EMS in preparing the learners for FET Phase Accounting. The participants, comprising Grade 9 EMS teachers and Grade 10 Accounting teachers from five schools, were conveniently and purposively sampled. A qualitative case-study approach was employed along with an interpretivist paradigm to underpin the study and allow for an in-depth understanding of the teachers’ views by talking to them directly. Reflective activities and semi-structured interviews were adopted as data-generation instruments. This article is framed using the curricular spider-web theory, which through its application aided in describing in detail the concepts around the discourse of the EMS Financial Literacy component and its role in preparing the learners for FET Phase Accounting. Data generated was analysed thematically. The findings revealed the elements and importance of EMS, hindrances to the effective teaching of EMS, and strategies to minimise the reported hindrances. Additionally, the data was generated from five schools in one province; hence, it is recommended that other studies focusing on other provinces can be conducted. Future researchers can then build up from these findings and address the limitations of this study as presented in this paper.

https://doi.org/10.26803/ijlter.21.11.20


Keywords


Economic and Management Sciences; Financial Literacy; Accounting; Teachers’ Experiences; curricular spider-web

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References


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