ATD Section III

Intro One

Introduction

This section is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to have an understanding in Principles of Economics, Fundamentals of Management Accounting, Principles of Finance and Taxation and Auditing

LEARNING OUTCOME

Principles of Economics

A candidate who passes this paper should be able to:

  • Apply basic mathematical and graphical techniques to analyse economic
    relationships and interpret the results
  • Apply the knowledge of economics in decision making
  • Analyse economic problems and suggest possible policy related recommendations.
LEARNING OUTCOME

Fundamentals of Management Accounting

A candidate who passes this paper should be able to:

  • Estimate the cost of goods and services
  • Analyse product costs for manufacturing and non-manufacturing activities
  • Prepare marginal and absorption cost statements
  • Analyse an organisation’s activities through budgetary control process
  • Use computers in cost management.
LEARNING OUTCOME

Principles of Public Finance and Taxation

A candidate who passes this paper should be able to:

  • Comply with the regulatory framework in public financial management
    (PFM)
  • Compute tax for various entities
  • Manage the budgetary process, public revenue and control public
    expenditure in national and county governments
  • Apply the written tax law in addressing various tax issues.
LEARNING OUTCOME

Auditing

A candidate who passes this paper should be able to:

  • Plan an audit assignment
  • Comply with the regulatory framework during an audit assignment
  • Obtain audit evidence
  • Prepare an audit report.