The business department typically focuses on preparing students for careers in various aspects of business, including management, marketing, finance, accounting, and entrepreneurship. This unit focuses on equipping learners with skills that assist them in the day to day activities.
The economics explores the principles and theories that govern the production, distribution, and consumption of goods and services. It covers key concepts such as supply and demand, market structures, fiscal and monetary policy, and the role of government in the economy. Students learn to analyze economic indicators, understand economic models, and apply critical thinking to real-world economic issues. The unit typically includes both microeconomics, which focuses on individual and business decision-making, and macroeconomics, which examines overall economic trends and policies.
Financial accounting unit focuses on the principles and practices of recording, summarizing, and reporting financial transactions. It teaches students how to prepare and analyze financial statements, such as balance sheets, income statements, and cash flow statements, in accordance with accounting standards. The unit emphasizes the importance of accurate financial reporting for decision-making, regulatory compliance, and assessing a company's financial health. Key topics often include the accounting cycle, journal entries, financial analysis, and the role of ethics in accounting.
