Business, Accounting and Financial Studies 企 業 會 計 與 財 務 概 論

Transcription

1 NSS Understanding and Interpreting the Business, Accounting & Financial Studies (BAFS) Curriculum (Refreshed) July July 2010 Business, Accounting and Financial Studies 企 業 會 計 與 財 務 概 論

2 Content An Overview of of the BAFS Curriculum Framework Introduction of of the Compulsory Part Introduction of of the Elective Part Assessment in in HKDSE Interface with the Junior Secondary Curriculum Interpretation of of the BAFS curriculum Supports for for the BAFS Curriculum

3 Rationale of BAFS Curriculum

4 Rationale Response to to changing social and economic forces Capacity for lifelong learning Qualities of of citizenship Accounting as as an an integral part of of business education

5 Aims of BAFS Curriculum

6 Curriculum Structure Consumers Employees Business Environment Accounting Personal Finance Investors Entrepreneurs Fundamental business knowledge and skills, values and attitudes for playing the roles as consumers, investors, employees and entrepreneurs eneurs

7 Curriculum Framework Business, Accounting and Financial Studies 40% 60% Compulsory Part Accounting Module Elective Part Learning Activities / SBA Business Module Business Environment Introduction to Financial Accounting Financial Human Resources Introduction Introduction to to Accounting Accounting Basics of Personal Financial Cost Accounting Marketing

8 Overview of the Learning Elements of the Curriculum Framework (1) Compulsory Part Business Business Environment Environment Introduction Introduction to to Introduction Introduction to to Accounting Accounting Basics Basics of of Personal Personal Financial Financial Hong Hong Kong Kong Business Business Environment Environment Forms Forms of of Business Business Ownership Ownership Business Business ethics ethics and and Social Social Responsibilities Responsibilities Functions Functions Effective Effective Key Key Business Business Functions Functions Entrepreneurship Entrepreneurship and and SMEs SMEs Business Business Communication Communication Purposes Purposes and and the the Changing Changing Role Role of of Accounting Accounting Uses Uses of of Financial Financial Statements Statements Accounting Accounting Principles Principles and and Conventions Conventions The The Accounting Accounting Cycle Cycle Basic Basic Ratio Ratio Analysis Analysis Fundamentals Fundamentals of of Financial Financial Personal Personal Financial Financial

9 BAFS L&T Resource Kit

10 1. Business Environment 1.1 Hong Kong Business Environment 1.2 Forms of Business Ownership 1.3 Business Ethics & Social Responsibilities Role & Importance of business in HK economy Recent developments and characteristics of the HK economy Factors affecting business decisions Relationships with the Mainland Economic policies and general business practices in the Mainland Impact of globalization on business Role of major international trade organization L&T C01

11 1. Business Environment 1.1 Hong Kong Business Environment 1.2 Forms of Business Ownership 1.3 Business Ethics & Social Responsibilities Distinguish between the major forms of business ownership Pros and cons of the different forms of business ownership Compare the characteristics of SMEs and multinational corporations in HK Suggested Activities 1. Case Study 2. Internet Searching 3. Company visit / interview

12 1. Business Environment 1.1 Hong Kong Business Environment 1.2 Forms of Business Ownership 1.3 Business Ethics & Social Responsibilities Why and how should a business be ethically responsible to its stakeholders Business ethics & social responsibilities Vs business decisions Corporate governance L&T C02

13 2. Introduction to 2.1 Functions 2.2 Effective 2.3 Key Business Functions 2.4 Entrepreneurship & SMEs 2.5 Business Communication

14 2. Introduction to 2.1 Functions 2.2 Effective 2.3 Key Business Functions 2.4 Entrepreneurship & SMEs 2.5 Business Communication Explain the importance of management Four management functions for organization Planning Organising Leading Controlling L&T C03

15 2. Introduction to 2.1 Functions 2.2 Effective 2.3 Key Business Functions 2.4 Entrepreneurship & SMEs 2.5 Business Communication Major management skills required of managers Principles of effective management: Division of work Unity of command Unity of direction Authority & responsibility MOB

16 2. Introduction to 2.1 Functions 2.2 Effective 2.3 Key Business Functions 2.4 Entrepreneurship & SMEs 2.5 Business Communication Role & importance of key functional areas: Human resources management Financial management Operations management Marketing management Risk management Interrelationship & integrated nature of different business functions in solving business problems

17 2. Introduction to 2.1 Functions 2.2 Effective 2.3 Key Business Functions 2.4 Entrepreneurship & SMEs 2.5 Business Communication Entrepreneurship: Characteristics & aptitudes Importance in business development and economic growth SMEs management: Characteristics Importance to local economy Compare small & large business from management perspectives Government support measures Process of developing a business plan L&T C04 L&T C05

18 2. Introduction to 2.1 Functions 2.2 Effective 2.3 Key Business Functions 2.4 Entrepreneurship & SMEs 2.5 Business Communication Principles of effective communication 5Cs Barriers to effective communication Means for enhancing communication Contribution of ICT to information management Clarity Courtesy Conciseness Completeness Concreteness

19 3. Introduction to Accounting 3.1 Purposes & the Changing role of Accounting 3.2 Uses of Financial Statements 3.3 Accounting Principles & Conventions 3.4 The Accounting Cycle 3.5 Basic Ratio Analysis

20 3. Introduction to Accounting 3.1 Purposes & the Changing role of Accounting 3.2 Uses of Financial Statements 3.3 Accounting Principles & Conventions Functions of of accounting Importance of of accounting to to decision-making Uses Uses & limitations of of financial statements Meanings of of fundamental accounting principles and and conventions 3.4 The Accounting Cycle 3.5 Basic Ratio Analysis

21 3. Introduction to Accounting 3.1 Purposes & the Changing role of Accounting 3.2 Uses of Financial Statements 3.3 Accounting Principles & Conventions 3.4 The Accounting Cycle 3.5 Basic Ratio Analysis Double Double entry entry system system Books Books of of original original entry entry and and different types types of of ledgers ledgers Trial Trial balance balance Financial statements L&T C06

22 3. Introduction to Accounting 3.1 Purposes & the Changing role of Accounting 3.2 Uses of Financial Statements 3.3 Accounting Principles & Conventions 3.4 The Accounting Cycle 3.5 Basic Ratio Analysis Functions of accounting ratios Calculate and interpret accounting ratios Evaluate profitability & liquidity of a business L&T M01

23 4. Basics of Personal Financial 4.1 Fundamentals of Financial 4.2 Personal Financial

24 4. Basics of Personal Financial Structure & role of financial market 4.1 Fundamentals of Financial Time value of money The relationship between risks & returns L&T C Personal Financial

25 4. Basics of Personal Financial 4.1 Fundamentals of Financial 4.2 Personal Financial Consumer credit Personal financial planning and investments Investor protection in Hong Kong L&T C08 - C10 PDPs coorganized by EDB & SFC

26 Overview of the Learning Elements of the Curriculum Framework (2) Elective Part Financial Financial Accounting Accounting Cost Cost Accounting Accounting Financial Financial Human Human Resources Resources Financial Financial Balancing day Balancing day adjustments relating adjustments relating to the preparation of to the preparation of financial statements financial statements Financial reporting for Financial reporting for different forms of different forms of business ownership business ownership Control systems Control systems Generally accepted Generally accepted accounting principles accounting principles Financial analysis Financial analysis Incomplete records Incomplete records ICT applications in ICT applications in accounting accounting Ethical issues in Ethical issues in accounting accounting Cost Cost classification, classification, concepts concepts and and terminologies terminologies Job Job costing costing Marginal Marginal & absorption absorption costing costing Cost Cost accounting accounting for for decisionmaking decisionmaking Financial Financial analysis analysis Budgeting Budgeting Sources Sources of of financing financing Capital Capital investment investment appraisal appraisal Working Working capital capital management management Risk Risk management management Functions Functions of of human human resources resources management management Development Development of of a a quality quality workforce workforce Role Role of of marketing marketing Marketing Marketing research research Customer Customer behaviour behaviour Marketing Marketing strategies strategies for for goods goods and and services services consumerism consumerism

27 Examples of Curriculum Planning

28 School A ( Accounting( Module) S4 S5 S6 Introduction to Accounting Business Environment Introduction to Financial Accounting - Balancing day adjustments relating to the preparation of financial statements - Control systems Financial Accounting -Financial reporting for different forms of business ownership -Financial analysis Financial Accounting -Incomplete records -Generally accepted accounting principles -ICT applications in accounting -Ethical Issues in Accounting Cost Accounting Personal Financial

29 School B (1 Acct group & 1Bus Mgmt group) S4 Accounting Introduction to Accounting Financial Accounting (1) -Control Systems -Balancing day adjustments Business Environment S5 Financial Accounting (2) - The rest Introduction to S6 Personal Financial Cost Accounting Business Introduction to Accounting Business Environment Introduction to Financial Human Resource Marketing Personal Financial

30 School C (1 Acct group & 1Bus Mgmt group) Accounting Group S4 Business Environment (1) (Forms of business ownership) Introduction to Accounting Financial Accounting (1) S5 Financial Accounting (2) Cost Accounting S6 Personal Financial Business Environment Introduction to Business Group Business Environment Introduction to Marketing Human Resource Introduction to Accounting Personal Financial Financial

31 Preparation for Public Assessment BAFS Curriculum and Assessment Guide (S4-6) - Ch 2 Curriculum Framework - List the topics with explanatory Notes EDB

32 Preparation for Public Assessment HKDSE Regulations and Assessment Frameworks -P.26 BAFS -Assessment objectives -Mode of assessment -Public Examination -School-based assessment (SBA)

33 Preparation for Public Assessment Public Exam Paper 1: Compulsory Part Weighting (? %) Duration (?) 24%, 32%, 34% or 44% 1:15, 1:30, 1:45 or 2:00 hrs Public Exam Paper 2: Elective Part Weighting (? %) Duration (?) 51%, 55%, 56% or 63% 1:45, 2:00, 2:15 or 2:30 hrs SBA (? %) 10%, 15%, 20% or 30%

34 Mode of Assessment Component Weighting Duration Paper 1 Compulsory Part Paper 2 Elective Part (Choose one only) 40% 1 ½ hrs 60% 2 ½ hrs

35 Public Examination (HKDSE) Paper 1 Weighting Duration Section A (MC Questions) Section B (Short Questions) 60 marks 1 ½ hrs -Questions Questions will will be be set set on on the the compulsory compulsory -Questions will be set on the compulsory part part part of of of the the the curriculum curriculum curriculum - -All All All questions questions questions are are are compulsory compulsory compulsory 40 marks

36 Public Examination (HKDSE) Section A (30 marks) Paper 2A Accounting Short questions Paper 2B Business Short questions Duration 2 ½ hrs Section B (50 marks) Application problems Case studies Section C (20 marks) Case/theory questions Essay questions

37 Public Examination (HKDSE) Section A (30 marks) Section B (50 marks) Section C (20 marks) Paper 2A Accounting Short questions Application problems Case/theory questions Paper 2B Business Duration -Questions Questions will will be be set set on on the the respective respective module module -Questions will be set on the respective module of of of the the the elective elective elective part part part of of of the the the curriculum curriculum curriculum -Integrate -Integrate Integrate knowledge knowledge knowledge and and and skills skills skills learnt learnt learnt in in in the the the compulsory compulsory compulsory part part part -All -All All questions questions questions are are are compulsory compulsory compulsory in in in section section section A A A and and and B B B -Students -Students Students will will will be be be required required required to to to answer answer answer one one one out out out of of of two two two questions questions questions in in in section section section C C C Short questions 2 ½ hrs Case studies Essay questions

38 Preparation for Public Assessment Standards-referenced Reporting Information Package -Level Descriptors -Sample Papers -Exemplars and Comments (CD)

39 Preparation for Public Assessment School-based Assessment Teachers Handbook (Trial Version) -Assessment requirements -Guidance -Arrangements -Etc

40 Preparation for Public Assessment Starting from 2016 HKDSE Task requirements: Proforma worksheets Written presentation Oral presentation

41 Preparation for Public Assessment Year Implementation of SBA 2012 & & 2015 Schools are not required to submit SBA marks. Public examination results constitute 100% of the final subject results. All schools have to submit SBA marks for feedback from the HKEAA on the outcomes of moderation. Public examination results constitute 100% of the final subject results. Starting from 2016, all schools have to submit SBA marks contributing 15% of the final subject results.

42 Technology Education Key Learning Area Curriculum Guide (Primary 1 Secondary 3) 2002

43 Learning Elements under Knowledge Contexts in Technology Education Common Topics Information & Communication Technology Materials & Structures Operations Strategies & & Manufacturing Systems & Control Technology & Living Technology & Society Safety & Health Information Processing & Presentation Computer Systems Computer Networks Programming Concepts Materials & Resources Material Processing Structures & Mechanisms Tools & Equipment Production Process Project Business Environments, Operations & Organizations Resources Marketing Concepts of System Application of Systems System Integration Control & Automation Food & Nutrition Food Preparation & Processing Fabric & Clothing Construction Fashion & Dress Sense Design & Applications Family Living Consumer Education Home & Technology >> 3

44 (Key Stage 3) Junior Business Subjects Strategies and (Core) Business Environments, Operations & Organizations (Extensions) Resource (Extensions) Marketing =/= Business Fundamental

45 Interface with NSS Junior Secondary Business Education Modules as as a Taster Transition Senior Secondary BAFS

46 Articulation Career Development For example : Accounting ( e.g. auditor, financial controller, chief accountant ) Finance ( e.g. financial analyst, financial planner ) ( e.g. chief executive officer, general manager ) Education ( e.g. teachers, academics, educators ) 4-year Bachelor Degrees e.g. Business Administration, Accounting, Finance, Information Systems Sub-degrees ( including associate degrees, higher diplomas and diplomas ) e.g. Business Administration, Finance, Tourism Business, Accounting and Financial Studies

47 Why study BAFS?

48 End of Part I Thank you!