Business Studies

This term’s curriculum focuses first on building students’ understanding of basic accounting and personal money management. It starts with personal finance, introducing the importance of budgeting, saving, and making smart financial decisions. In the following weeks, students are taught the structure of financial records, beginning with trial balance, then moving into the preparation of trading accounts and profit and loss accounts — all essential tools for determining a business’s financial health.

In Weeks 5 and 6, students explore the balance sheet, learning how to summarize a business’s assets, liabilities, and equity at a given time. The later part of the term shifts slightly from financial concepts to practical office and record-keeping skills, including erasing techniques to maintain clean and accurate documentation, and understanding memoranda, which are key for internal business communication. This blend of financial knowledge and office practice equips students with both analytical and administrative competencies.