KASNEB CS Finance for Decision Making Notes

Description

This paper is intended to equip the candidate with knowledge, skills and techniques that will enable him/her to analyze and interpret financial statements and apply financial management principles to guide decision making.

LEARNING OUTCOMES

A candidate who passes this paper should be able to:

• Describe the roles of the statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows in evaluating a company’s performance and financial position
• Identify various sources of finance
• Make basic capital budgeting decisions under environment of certainty
• Prepare budgets for organizations and explain budgetary controls
• Make basic capital structure decisions
• Make appropriate dividend decisions