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.

    ATD Section I

    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 introduction to Financial Accounting, Principles of Business law, Entrepreneurship and Communication and Information Communication Technology.

    LEARNING OUTCOME

    Introduction to Financial Accounting

    A candidate who passes this paper should be able to:

    • Apply accounting concepts in preparation of financial statements
    • Apply the double entry aspects of accounting
    • Account for assets and liabilities
    • Prepare financial statements of a sole trader, partnership and company.
    LEARNING OUTCOME

    Principles of Business Law

    A candidate who passes this paper should be able to:

    • Demonstrate knowledge of essential elements of the legal system
    • Demonstrate knowledge of legal personality
    • Apply law of contract and tort in various scenarios
    • Apply general principles of commercial law in business.
    LEARNING OUTCOME

    Entrepreneurship and Communication

    A candidate who passes this paper should be able to:

    • Identify viable business opportunities
    • Prepare a business plan
    • Demonstrate entrepreneurial orientation skills
    • Communicate effectively in a business environment
    • Apply entrepreneurship knowledge in response to emerging business trends.
    LEARNING OUTCOME

    Information Communication Technology

    A candidate who passes this paper should be able to:

    • Demonstrate knowledge of computer systems
    • Select appropriate computer hardware and software
    • Use various computer application packages
    • Select various types of information systems
    • Use computer networks and the Internet.

    ATD Section II

    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 Financial Accounting, Principles of Management, Business Mathematics and Statistics and finally Fundamentals of Finance

    LEARNING OUTCOME

    Financial Accounting

    A candidate who passes this paper should be able to:

    • Prepare books of original entry and basic ledger accounts under double entry
      system
    • Prepare basic financial statements of sole traders, partnerships, companies and manufacturing entities and not for profit organisations
    • Comply with the regulatory framework in the accounting field
    • Account for assets and liabilities
    • Analyse financial statements by use of ratios and statement of cash flows.
    LEARNING OUTCOME

    Principles of Management

    A candidate who passes this paper should be able to:

    • Demonstrate understanding of management principles and techniques
    • Apply knowledge of management theories in organisations
    • Demonstrate knowledge of other types of management
    • Apply management competencies in response to emerging trends in
      management.
    LEARNING OUTCOME

    Business Mathematics and Statistics

    A candidate who passes this paper should be able to:

    • Apply linear, quadratic and simultaneous equations to solve business problems
    • Solve business problems using matrix algebra
    • Solve business problems involving commercial mathematics
    • Present statistical data in form of tables, graphs and curves
    • Calculate measures of location, dispersion, skewness and kurtosis
    • Apply basic probability concepts
    • Compute simple, general and weighted index numbers.
    LEARNING OUTCOME

    Fundamentals of Finance

    A candidate who passes this paper should be able to:

    • Identify various sources of finance for organisations
    • Calculate non-complex risk and return measures
    • Make basic dividend decisions for a firm
    • Determine the cost of capital for an organisation
    • Apply the basic valuation models to determine value of financial securities
    • Evaluate the viability of capital investments using appropriate appraisal
      techniques
    • Apply basic concepts of Islamic Finance.