Principle of Accounts
Explore how Principles of Accounts builds key skills in accounting, financial literacy, and critical thinking for Secondary 3 and 4 students.
Introduction
The Principles of Accounts (POA) unit aims to nurture Admirals to understand how businesses measure, communicate their performance and make use of accounting and non- accounting information in decision-making through helping students establish a firm foundation in the fundamentals of book-keeping and making connections of what they learnt in POA to real-word context. POA is a subject offered to Secondary 3 and 4 students.
Programme and Outcome
The POA unit adopts a student-centric approach that nurtures students to become responsible, resilient and self-disciplined learners. Through the study of accounting, students develop a sound understanding of accounting principles and appreciate the importance of values such as integrity, objectivity and accountability in ethical decision-making and financial reporting.
Students cultivate a keen eye for detail and learn to be organised and systematic as they record, analyse and consolidate financial information into financial statements for stakeholders' decision-making. Through authentic learning experiences, they develop transferable skills in organising, analysing and interpreting information, enabling them to make informed decisions and apply these competencies in their daily lives.
The POA curriculum also develops key 21st Century Competencies, particularly critical thinking, communication and problem-solving skills. By analysing financial information, evaluating alternatives and justifying decisions with evidence, students become confident, reflective and responsible learners who are well prepared for further education, future careers and lifelong learning.
SP BusinesSPlan Competition
2026 - 2nd Runner-Up
National Financial Literacy Challenge
2025 – Participation
2024 – 6th Position
POA Quest
2025 – Participation
2024 – Participation
National Accounting Challenge
2024 – Participation
2025 – Participation
Applying key concepts in budgeting, investing, and risk management at National Financial Literacy Challenge 2025.
Putting financial planning into action to secure 6th place at National Financial Literacy Challenge 2024.
Collaborative problem-solving through hands-on business scenarios at POA Quest 2025.
Clinched 2nd Runner-Up with real-world business solutions at SP BusinesSPlan 2026.