Business, Accounting

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Business, Accounting Financial Studies (BAFS)
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• The Heritage Foundation released its 2005 Index
  of Economic Freedom. Hong Kong retains its
  position as the freest economy in the world for
  the 11th consecutive year.

Hong Kong ranked second in 2005 World
Competitiveness Yearbook
(InvestHK 2005)
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World Class Infrastructure
Worlds Freest Economy
Unrivalled Location
International Lifestyle
H K Advantages
Low Taxes
Rule of Law
Skilled Workforce
Gateway to China
Entrepreneurial Spirit
Free Flow of Information
InvestHK
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Rationale

• Business and financial activities constitute an
  integral part of our lives
• The four main pillars of Hong Kong economy are
  financial services, logistics, tourism and
  producer services
• Socially responsible consumers, investors,
  employees and/or entrepreneurs

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Rationale (Student-Centred)

• BAFS provides a learning platform for students to
  explore different aspects of business to prepare
  for life, for learning and for employment.
• To create value through the process of
  identifying needs, generating ideas and
  transforming them into business opportunities.
• Generic skills (collaboration skills,
  problem-solving skills, self-management skills,
  study skills)
• Positive values and attitudes (perseverance,
  national identity, social responsibilities)

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Business, Accounting and Financial Studies (BAFS)
Ethics
?
Decision
Communication
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Interface with Junior Secondary Education

• Students may learn about business through a broad
  and balanced TE curriculum
• Different learning domains and extra-curricular
  activities provide channels for students to
  acquire and apply their business knowledge and
  skills

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First Consultation

• Nearly 76 schools planned to offer BAFS to their
  students
• About 75 schools agreed with the rationale and
  curriculum aims

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First Consultation (Concerns)
Choices for Business Subjects
Breadth Depth
SBA Public Examination
Time Allocation
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Core
Chinese
English
Mathematics
Liberal Studies
Elective
Design Arts Media etc
Physics History etc
HMSC BAFS etc
Theoretical Learning
Applied Learning
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Taking Off in the Retail World
Basics Event Operations
Practical Computerised Accounting for SMEs
Logistics Fundamentals
Business Enterprise Start-Up
BS
PA
Accounting (elective part)
Business Management (elective part)
BAFS (compulsory part)
PA
Com
WP BC
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making informed decision for further studies
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Curriculum Framework (Total Curriculum Time 270
hours)
Business, Accounting and Financial Studies
60
40
Accounting Module
Compulsory Part
Business Management Module
Elective Part
Human Resources Management
Introduction to Management
Financial Management
Business Environment
Financial Accounting
Basics of Personal Financial Management
Introduction to Accounting
Cost Accounting
Marketing Management
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Compulsory Part
Business ethics Social responsibilities Attitudes
towards personal financial planning etc.
?
How business decisions affected by business
environment Risks and returns of common financial
products Personal financial planning etc.
Effective management Business communication Uses
of accounting information by different
users etc.
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Elective Part Accounting
Ethical issues in accounting Importance of
integrity of accounting profession etc.
?
Language of business Propose appropriate remedial
actions to a business etc.
Financial statement analysis Application of
accounting information Cost accounting for
decision making etc.
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Elective Part Business Management
Ethical issues in e-Marketing Responsibilities
and rights of consumers Importance of contract in
business etc.
?
Motivation and group dynamics Importance of
harmonious employment relationship Customer
relationship management etc.
Financial analysis Capital investment
appraisal Risk management etc.
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(No Transcript)
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Public Assessment
School-based Assessment 20
BAFS
Written Exam 80
Hong Kong Examinations and Assessment Authority
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Learning Teaching

• Emphasises student learning in authentic contexts
• Student-centred pedagogies which emphasise
  students active learning through authentic tasks

Apply accounting knowledge to prepare financial
records and statements for the student union and
clubs Apply management strategies in organising
school events such as open day, school drama,
fashion show, singing contest, community
services, etc.
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Professional Development Programmes

• The programmes are likely to focus on four major
  areas
• (A) Understanding and interpreting the curriculum
• (B) Assessment
• (C) Learning and teaching strategies
• (D) Knowledge enhancement

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Second Consultation

• The subject questionnaire for
• second consultation
• Curriculum Structure
• Assessment
• Professional Development Programmes

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Looking forward to your feedback
Chief Curriculum Development Officer (Technology
Education) 3 5/F., 24 Tin Kwong Road, Kowloon,
Hong Kong Fax[phone] 0670Emailteched_at_emb
.gov.hk
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Thank You