Mr. TAI Ming-kee STFA Leung Kau Kui College 25th April 200 9

Mr. TAI Ming-keeSTFA Leung Kau Kui College25th April 2009

Teachers’ seminar on BAFS :

Preparation for the Preparation for the new Challenges new Challenges

7/40=17.5%

9/40=22.5%

15/40=37.5%

9/40=22.5%

Changing mode of assessment

Paper 1 (Compulsory Part)

Time allowed: 1.5 hours

Question types:

a) Multiple-choice questions (some will be set on cases and data responses and carry a heavier weighting)

b) Short-answer questions

Multiple choice

Multiple choice questions give an examiner the opportunity to cover large parts of the large parts of the syllabussyllabus briefly. Students who omit to study areas of the syllabus will be caught out by an examiner’s use of multiple choice questions. It is no longer possible to say that it is highly probable a certain topic it is highly probable a certain topic will not be testedwill not be tested – the examiner can easily cover it with a multiple choice question.

Accounting EquationAccounting Equation

Five Elements of Five Elements of Financial StatementsFinancial Statements

20X6

Beginning Beginning InventoriesInventories

20X6

Opening capital + Introduction Opening capital + Introduction –– Drawings = Closing capitalDrawings = Closing capital

Paper 1 – Section B (Short Questions)

Introduction to Accounting – basic ratio analysisIntroduction to Accounting – basic ratio analysis

Introduction to Management – key business functionsIntroduction to Management – key business functions

Paper 1 – Section B (Short Questions)

Introduction to Management – business functionsIntroduction to Management – business functions

Business EnvironmentBusiness Environment

Business Environment – forms of ownershipBusiness Environment – forms of ownership

Personal Financial ManagementPersonal Financial Management

Paper 1 – Section B (Short Questions)

Personal Financial Management – fundamentals of financial managementPersonal Financial Management – fundamentals of financial management

Medium of InstructionMedium of Instruction

Accounting ModuleAccounting Module

Business Management ModuleBusiness Management Module