KS4 Curriculum Booklet 2017 - 18

Curriculum Overview KS3

Subject: Business Studies Overview effective from[date ]: September 2017

Teacher led discussion on the importance of managing the assets and liabilities of the business.

a snapshot in time. To understand the difference between assets and liabilities. To make judgements on the performance of a business through the interpretation of the information contained in income statements. To calculate gross profit margin and net profit margin to help assess financial performance.

Complete the sections of a balance sheet activity Complete asset, liability, revenue or expense activity BBC Bitesize recap quiz on financial records

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Interpretation of data given on financial statements

Students should consider current performance, performance against previous years, performance against competitors and performance from the perspective of a range of stakeholders. Students will not be given formulae in an exam.

Starter – break the income statement into sections – students have to place the sections in the correct order. Recap understanding of stakeholders – students list which stakeholders would be interested in the financial statements and why. Give students simple income statements for two businesses each with two years’ worth of data. Students need to judge which business they think is currently being most successful and why they think this. Complete question 3c) 4 marks Paper 2 June 2016. Starter – complete the Laurie Driver account Teacher led explanation on calculating and interpretation of gross profit margins. Students calculate the gross profit margin for two years for a business example. In pairs students explain what the figures mean for the business and what actions they can take to improve their gross profit margin. Teacher led explanation on calculating and interpretation of net profit margins. Students calculate the net profit margin for two years for a business example. In pairs students explain what the figures mean for the business and what actions they can take to improve their net profit margin. There are many old exam questions for this topic, eg 2a) NPM Paper 2 June 2015 or 3b) GPM June 2013 or 3b) GPM June 2016.

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