Wah Yan College, Hong Kong

Introduction to Business, Accounting and Financial Studies (BAFS)

Prepared by: Mr Kelvin Chan(Oct 2017)

Aims of Business, Accounting and Financial Studies❖ to provide fundamental business knowledge

and skills, and develop positive values and attitudes, so that students can fulfil their roles as consumers, investors, employees and/or entrepreneurs;

❖ to develop students’ generic skills in research, analysis, leadership, team-building, communication, critical thinking, creativity, and problem-solving and transfer them to different domains; and

❖ to explore different aspects of business to prepare students for life, for learning and for employment.

Business Environment

Accounting

Management

Personal Finance

Employees

Entrepreneurs

Investors

Consumers

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Business, Accounting and Financial Studies (BAFS)

Curriculum Framework

Only Accounting Module is offered

in our school

BusinessEnvironment

Introductionto

Management

Introductionto

Accounting

Basics of PersonalFinancial

Management

FinancialAccounting

CostAccounting

FinancialManagement

MarketingManagement

Human Resources Management

Compulsory Part

Business, Accounting and Financial Studies

Elective PartAccounting Module

Business Management

Module

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Business, Accounting and Financial Studies (BAFS)

Assessment Design

Latest Assessment Design up to year 2020

NO School Based Assessment (SBA)

ComponentinPublicExam Weigh5ng(Yr2020) Dura5on

Paper1CompulsoryPart(90marks)

Sec$onA:(60marks)30Mul$ple-choiceques$ons(Compulsory)

Sec$onB:(30marks)Shortques$ons-Part1(20marks)(Compulsory)-Part2(10marks)(AnyONEoutof2ques$ons)

40% 1hour15min

Paper2Elec8vePart(80marks)2A:Accoun$ngmodule

Sec$onA:(24marks)3–4Shortques$ons(Compulsory)

Sec$onB:(36marks)2–3Applica$onproblems(Compulsory)

Sec$onC:(20marks)Case/Theoryques$ons(AnyONEoutof2ques$ons)

60% 2hours15min

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Business, Accounting and Financial Studies (BAFS)

Who is suitable to study BAFS?❖ Willing to follow rules and regulations when preparing

financial statements and other accounting tasks (No free style!)

❖ Willing to devote time and effort to practice accounting questions (Practice makes perfect!)

❖ Not necessary to be very good at Mathematics (We have calculators!)

❖ Diligent (Applicable to all subjects!)

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Business, Accounting and Financial Studies (BAFS)

Other Learning Experiences for BAFS studentsStudents are invited to join various business related activities such as:

❖ Accounting and Business Management Case Competition

❖ Mentoring program offered by external organisation❖ Job readiness program❖ Company and Financial Organisation visits

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Business, Accounting and Financial Studies (BAFS)

Professional Qualifications

Students may attend the following examinations for professional qualifications:

❖ Mock Examination on BAFS subject co-organized by Hong Kong Institute of CPAs (HKICPA) and Hong Kong Association for Business Education Limited (HKABE)

❖ Level 2 Book-keeping and Accounting Examination organised by Pearson LCCI Asia Examination-Hong Kong

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Business, Accounting and Financial Studies (BAFS)

The End. Thank You! For enquiries, please contact Mr Kelvin Chan at kelvinchan@wahyan.edu.hk