Curriculum outline:
S3
Core
Opportunity Cost and related concepts
Types of business ownership
- Sole Proprietorship
- Partnership
- Limited Company
Basic Concepts on Accounting
- Accounting Equation
- Concepts of Debits and Credits
Division of Work
- Division of Work: Advantages and Disadvantages
- Division of Work vs. Division of Labour
S4
Core
Business Environment
- Hong Kong Business Environment
- Forms of Business Ownership
Introduction to Management
- Management Functions
- Effective Management
- Key Business Functions
- Entrepreneurship and Small and Medium Enterprises (SMEs) Management
Introduction to Accounting
- Purposes and the Changing Role of Accounting
- Uses of Financial Statements
- Accounting Principles and Conventions
- The Accounting Cycle
- Basic Ratio Analysis
Elective
Financial Accounting
- Books of Original Entry and Ledgers
S5
Core
Business Environment
- Hong Kong Business Environment
- Business Ethics and Social Responsibilities
Basics of Personal Financial Management
Elective
Financial Accounting
- Balancing Day Adjustments Relating to the Preparation of Financial Statements
- Control Systems
- Incomplete Records
- Financial Reporting for Different Forms of Business Ownership
Cost Accounting
- Cost concepts
- Absorption and Marginal Costing
- Cost-Volume-Profit Analysis
- Cost Accounting for Decision Making
For teaching syllabus, please see http://334.edb.hkedcity.net/doc/eng/bafs_final_e.pdf
S6
Core
- Consumer Credit
- Personal Financial Planning and Investment
- Stock Trading as an Investment
Elective
Financial Accounting
- Financial Reporting for Different Forms of Business Ownership
- Financial Analysis
- Incomplete Records
- Generally Accepted Accounting principles