Transcript YING WA GIRLS’ SCHOOL Business, Accounting and Financial

YING WA GIRLS’ SCHOOL
Business,
Accounting and
Financial
Studies
Prepared by: Mr. CHEUNG
Business Studies
Commerce
BAFS
Principles
of Accounts
Principles
of Accounts
HKCEE
HKALE
Financial
Studies
Business, Accounting and Financial Studies
Compulsory
Part
Business
Environment
Introduction
to
Accounting
40%
Introduction
to
Management
Basics of
Personal
Financial
Management
Accounting
Module
Financial
Accounting
Cost
Accounting
60%
Elective
Part
Business
Management
Module
Financial
Management
Human Resources
Management
Marketing
Management
ACCT:70%
BAFS
Accounting profession
Financial / managerial accounting
Calculate profit, assets and liabilities… and make
decision!
Business environment
Development of HK, ethics, entrepreneur
Management
Be an effective manager:
Financial, human resources, risk, operation, marketing,
organizational, logistic… and ethics
Financial studies
As an smart investor:
Know the market and products, learn risks and returns,
draft portfolio, protect yourself…
Types of production, GDP, inflation and
unemployment
Sole trader, partnership, company
Opportunity cost
Money and banking
Time value of money
Links
•
•
BAFS
www.edb.gov.hk/FileManager/EN/
Content_5999/bafs_final_e.pdf
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•
ECONOMICS
http://www.edb.gov.hk/FileManag
er/EN/Content_5999/econ_final_e
.pdf
Qualities of studying BAFS
• Analytical mind
• Applications and scenarios
• Current issues
• Hardworking
• Terms and vocabulary
• Foundation of business subjects
• Mathematics skills
•
•
•
•
Very important! Such as…
Processing ＋, －, ×, ÷, %
Q.U.I.C.K.I.L.Y
But nothing else!
BAFS Syllabus:
some examples
Business Environment
•
•
•
Hong Kong Business
Environment
Forms of Business Ownership
Business Ethics and Social
Responsibilities
Introduction to
Management
•
•
•
Effective Management
Entrepreneurship and Small and
Medium Enterprises (SMEs)
Management
Business Communication
Basics of Personal
Financial Management
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•
•
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Time Value of Money
Financial Market
Consumer Credit
Personal Financial Planning
Investor Protection
What is Accounting?
Accounting is concerned with:
1. Recording of data (book-keeping)
2. Classifying and summarizing data
(financial statements)
3. Communicating the data for
decision making (annual report
and accounting ratios)
Elective Part: Accounting
• Limited company accounts
• Types of shares
• Issue of shares
Elective Part: Accounting
• Types of dividends
• Distribution of dividends
Elective Part: Accounting
• Debtors
• Bad debts written off
• Provision for bad debts
Elective Part: Accounting
• P/E ratio
• Other accounting ratios
• Analysis of profitability and financial
position of different companies
Academic and career
prospects
Career Development
For example :
Accounting ( e.g. auditor , financial controller , chief accountant )
Finance ( e.g. financial analyst , financial planner )
Management ( e.g. chief executive officer , general manager )
Education ( e.g. teachers , academics , educators )
4-year Bachelor Degree s
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
Some accounting degrees
in HK
HKU
Bachelor of Business Administration in Accounting and
Finance
工商管理學學士(會計及財務)
HKUST
Professional Accounting
工商管理學士(專業會計學)
CUHK
Professional Accountancy
專業會計學
POLYU
BBA (Hons) in Accountancy
會計學(榮譽)工商管理學士學位
The direct route to
become a CPA
Accounting Degree
HKICPA
[Hong Kong Institute of Certified Public Accountants]
Qualification Programme
Workshops
Examinations
+
Accounting Experience
=
Certified Public Accountant (CPA)
http://www.hkicpa.org.hk/
THE END
5th March 2010