1. 1 professional examinations preamble certified ... -...

PREAMBLE

Legal franeworkKASNEB was established as a state corporation under the National Treasury by the Government of Kenya on 24 July 1969. The establishment and operations of KASNEB are governed by the following main Acts:

(a) The Accountants Act, No. 15 of 2008 (which repealed the Accountants Act, Cap 531 of 1977).

(b)TheCertifiedPublicSecretariesofKenyaAct,Cap534of1988.(c) The Investment and Financial Analysts Act, No. 13 of 2015.

MandateThe mandate of KASNEB, is the development of syllabuses, conduct of professional, diploma and technician examinations and certification ofcandidates in accountancy, finance, credit, governance and management,informationtechnologyandrelateddisciplines,promotionofitsqualificationsnationally and internationally and the accreditation of relevant training institutions.

VisionThe vision of KASNEB is to be a world-class professional examinations body.

Mission The mission of KASNEB is to provide globally competitive professionals by offeringqualityexaminationsinaccountancy,finance,credit,governanceandmanagement, information technology and related disciplines.

Core valuesWe commit ourselves to the following core values:

(i) Integrity(ii) Professionalism(iii) Equity(iv) Teamwork(v) Innovativeness

1. QUALIFICATIONS OF KASNEBKASNEB currently offers five (5) professional qualifications and three (3)diplomaqualificationswhichare recognised worldwide and are benchmarked with international standards and best practice.

Thequalifications are acquired by sitting and successfully completing the following respective examinations.

Certified Secretaries (CS) examination

PART I

Section 1 PaperNo:CS11 Organisational BehaviourCS12 Commercial LawCS13 Business Communication

Section 2 PaperNo:CS21 EconomicsCS22 Principles of AccountingCS23 Public Finance and Taxation

PART II

Section 3PaperNo:CS31 Company LawCS32 Financial ManagementCS33 PrinciplesandPracticeofManagement

Section 4PaperNo:CS41 CorporateSecretarialPracticeCS42 Management Information SystemsCS43 LawandProcedureofMeetings

PART III

Section 5 PaperNo:CS51 HumanResourceManagementCS52 FinancialMarketsLawCS53 Governance and Ethics

Section 6 PaperNo:CS61 StrategicManagementCS62 PublicPolicyandAdministrationCS63 Governance and Secretarial Audit

CertifiedSecretariesareexpertpractitionersingovernance,governanceauditsand compliance, corporate secretarial practice, corporate law, consultancy and business management and administration.

Certified Investment and Financial Analysts (CIFA) examination

PART I

Section 1PaperNo:CF11 Financial AccountingCF12 FinancialMathematicsCF13 Entrepreneurship and Communication

Section 2 PaperNo:CF21 EconomicsCF22 FinancialInstitutionsandMarketsCF23 Public Finance and Taxation

PART II

Section 3PaperNo:CF31 RegulationofFinancialMarketsCF32 Corporate FinanceCF33 Financial Statements Analysis

Section 4 PaperNo:CF41 Equity Investments AnalysisCF42 PortfolioManagementCF43 Quantitative Analysis

PART III

Section 5 PaperNo:CF51 Strategy, Governance and EthicsCF52 Fixed Income Investments AnalysisCF53 Alternative Investments Analysis

Section 6 PaperNo:CF61 AdvancedPortfolioManagementCF62 International FinanceCF63 Derivatives Analysis

Certified Investment and FinancialAnalysts are experts in financial analysis,investments and securities, portfolio management, pensions management, investment banking among other related areas.

Certified Information Communication Technologists(CICT) examination

PART I

Section 1PaperNo:CT11 Introduction to ComputingCT12 ComputerApplications-PracticalCT13 Entrepreneurship and Communication

Section 2PaperNo:CT21 OperatingSystems-PracticalCT22 Principles of AccountingCT23 ComputerSupportandMaintenance

PART II

Section 3 PaperNo:CT31 Database SystemsCT32 Systems Analysis and DesignCT33 StructuredProgramming

Section 4 PaperNo:CT41 ObjectOrientedProgrammingCT42 Web Design and e-CommerceCT43 DataCommunicationandComputerNetworks-Practical

PART III

Section 5 PaperNo:CT51 Strategy, Governance and EthicsCT52 Software EngineeringCT53 MobileApplicationDevelopment

Section 6PaperNo:CT61 Systems SecurityCT62 InformationSystemsProjectManagementCT63 ResearchMethods

ICT ProjectCICT candidates are required to undertake an ICT project after successfully completing the above 18 papers. The project must commence within 12 months after completing the papers.

Certified InformationCommunicationTechnologists are skilledand competentsystem developers and programmers, network administrators, system engineers, ICT consultants and practitioners.

Certified Credit Professionals (CCP) examination

PART I

Section 1PaperNo:CP11: CreditManagementCP12: Commercial LawCP13: Entrepreneurship and Communication

Section 2PaperNo:CP21: EconomicsCP22: Principles of AccountingCP23: Public Finance and Taxation

PART II

Section 3PaperNo:CP31: Company LawCP32: Financial ManagementCP33: MarketingandPublicRelations

Section 4PaperNo:CP41: LawGoverningCreditPracticeCP42: Management Information SystemsCP43: Quantitative Analysis

PART III

Section 5PaperNo:CP51: Strategy, Governance and EthicsCP52: BankingLawandPracticeCP53: CreditManagementintheFinancialSector

Section 6PaperNo:CP61: DebtrecoveryCP62: CorporatelendingCP63: CreditPractice

CertifiedCredit Professionals are skilled and competent top levelmanagers,practitionersandconsultantsintherapidlydevelopingfieldofcreditmanagement.

1. 1 PROFESSIONAL EXAMINATIONS

Certified Public Accountants (CPA) examination

PART I

Section 1PaperNo:CA11 Financial AccountingCA12 Commercial LawCA13 Entrepreneurship and Communication

Section 2 PaperNo:CA21 EconomicsCA22 ManagementAccountingCA23 Public Finance and Taxation

PART II

Section 3 PaperNo:CA31 Company LawCA32 Financial ManagementCA33 Financial Reporting

Section 4PaperNo:CA41 Auditing and AssuranceCA42 Management Information SystemsCA43 Quantitative Analysis

PART III

Section 5PaperNo:CA51 Strategy, Governance and EthicsCA52 AdvancedManagementAccountingCA53 AdvancedFinancialManagement

Section 6 PaperNo:CA61 AdvancedPublicFinanceandTaxationCA62 Advanced Auditing and AssuranceCA63 Advanced Financial Reporting

CertifiedPublicAccountantsareskilledandcompetentprofessionalaccountants,auditors,financemanagers,taxconsultantsandpractitionersbothinpublicandprivate sectors.

(b) Late entriesmay be accepted not later than 31March for theMayexaminations sitting and not later than 30 September for the November examinations sitting on payment of late registration fee, which is an additional 50% of the normal registration fee.

(c) Examination dates and lists of examination centres are supplied with the examination entry form. Information on the examination dates and examination centres is also available on the KASNEB website: www.kasneb.or.ke.

KASNEB materials are available free of charge from:• TheKASNEBoffices• The Kenya National Library Service (KNLS) branches countrywide• Training institutions• Huduma centres:GPO,Kibera andMakadara inNairobi,Mombasa,

Eldoret,Kisumu,Meru,Nyeri,KisiiandNakuru.• The KASNEB website

4. EXEMPTIONS

Exemptions will be granted on a paper by paper basis. Exemptions will be granted to applicants who are deemed to have adequately covered the content of the paper(s) for which they have applied for exemption.

4.1 Exemptions for holders of KASNEB qualifications(a) Exemptions will be granted for all common and similar papers in the diploma

and professional examinations.(b) No exemptions will be granted to diploma examination graduates beyond

PartIoftheprofessionalexaminations.(c) In granting exemptions, consideration will also be given to the core areas of

expertiseofthepersonseekingexemption.Forinstance,aCPAgraduateisconsideredtobeproficientinaccountingandthereforewouldbeexemptedin accounting papers in other professional examinations of KASNEB.

4.2 Exemptions for holders of qualifications from universities and other examination bodies

Exemptions may be given to holders of degrees and diplomas from recognised universities, institutions of higher learning and other examination bodies. In order to qualify for exemption under this category, applicants must provide evidence of adequate coverage of the content of the papers for which they have appliedforexemption.However,noexemptionswillbegrantedinPartIIIoftheprofessional examinations except to graduates of the examinations of KASNEB.

4.3 Procedure for exemptionsApplicants seeking exemptions must complete the relevant application forms for exemption and pay the prescribed exemption fees. All applications for exemption must be accompanied by the relevant supporting documents.

Note: An exempted candidate is not allowed to enter for the exempted paper without prior authority from theChief ExecutiveOfficer of KASNEB.Anycandidatewhofloutsthisrulewillautomaticallyforfeitallexemptionsgrantedto him/her.

ConclusionOne of the key objectives of KASNEB is to ensure that its graduates possess the requisite skills and competencies to compete effectively in the global market.

Therefore KASNEB keenly monitors the market dynamics while remaining focused andflexible,inordertorespondwithspeedtochangesinthemarket.KASNEBfurther ensures that its examinations are aligned with international standards and best practice.

2.2 Diploma examinations

A person seeking to be registered as a student for any of the diploma examinations must show evidence of being a holder of one of the following minimumqualifications:

(a)KenyaCertificate of Secondary Education (KCSE) examinationwithan aggregate average of at least gradeC- (CMinus) or equivalentqualifications.

(b) International General Certificate of Secondary Education (IGCSE) examination grade D.

(c) AnyotherKASNEBtechnicianordiplomaexaminationcertificate.

3. REGISTRATION DATES, ANNUAL REGISTRATION RENEWAL AND EXAMINATION ENTRY

The examinations are conducted in the English language and are held twice yearlyinMayandNovember.

3.3 Registration dates(a) Applicants intending to take the May examination must be registered as

students of KASNEB not later than 30 November of the previous year, while those intending to take the November examination must register as studentsofKASNEBnotlaterthanthepreceding31May.

(b) Late registration may be accepted not later than 15 February for the May examinations sitting and not later than 15 August for the November examinations sitting on payment of late registration fee, which is an additional 50% of the normal registration fee.

(c) Syllabuses are provided to applicants upon registration as students of KASNEB.

3.4 Annual registration renewal (a) The annual registration renewal fee shall become due on 1 July following

thefirsteligibleexaminationsittingandannuallythereafter.(b) Registration numbers for students who register for examinations but who do

not book for any examination within three years from the date of registration will be automatically suspended. During the period of suspension, no annual registration renewal arrears will accrue. The suspended registration numbers will be reactivated upon payment of a reactivation fee of Sh. 6,000 and the renewal arrears for the last three years before the registration number was suspended.

3.5 Examination entry(a) Registered students who wish to take the examinations must submit the

prescribed entry forms, duly completed together with the appropriate examinationfeeonorbeforethespecifieddates.Theclosingdateforthereceipt of examination entries for the November examination is the preceding 15 August and for the May examination is the preceding 15 February. KASNEB is ISO 9001:2015-- certified

KASNEBKASNEB Towers, Hospital Road, Upper Hill, P.O. Box 41362 - 00100 Nairobi,

Tel: +254 (020) 4923000, Fax: +254 (020) 2712915,

Cellphone: +254722-201214/+254734-600624,

E-mail: info@kasneb.or.ke, marketing@kasneb.or.ke

Website: www.kasneb.or.ke,

Facebook:KASNEBOfficial, Twitter: @KASNEBOfficial

1.2 DIPLOMA EXAMINATIONS

Accounting Technicians Diploma (ATD) examination

Level IPaperNo:AD11 Introduction to Financial AccountingAD12 Commercial LawAD13 Entrepreneurship and CommunicationAD14 Information Communication Technology

Level IIPaperNo:AD21 Financial AccountingAD22 Principles of ManagementAD23 Business Mathematics and StatisticsAD24 Fundamentals of Finance

Level IIIPaperNo:AD31 PrinciplesofEconomicsAD32 FundamentalsofManagementAccountingAD33 Principles of Public Finance and TaxationAD34 Auditing

TheAccountingTechniciansDiplomaqualificationequipscandidateswithskillsand competencies to work as middle level accountants providing technical support in accounting, auditing and taxation in both the public and private sectors.

Diploma in Information Communication Technology (DICT) examination

Level IPaperNo:TD11 Introduction to ComputingTD12 ComputerMathematicsTD13 Entrepreneurship and CommunicationTD14 ComputerApplicationsPracticalI

Level IIPaperNo:TD21 Computer NetworkingTD22 Internet SkillsTD23 ComputerSupportandMaintenanceTD24 ProgrammingConcepts

Level IIIPaperNo:TD31 PrinciplesofWebDevelopmentTD32 Foundations of AccountingTD33 InformationSystemsProjectSkillsTD34 ComputerApplicationsPracticalII

The Diploma in Information Communication Technology equips the candidates with the technical know-how and skills necessary to work in the dynamic ICT industry as technicians in systems development, systems programming, internet and networking, administration and maintenance.

Diploma in Credit Management (DCM) examination

Level IPaperNo:CD11 FundamentalsofCreditManagementCD12 Commercial LawCD13 Entrepreneurship and CommunicationCD14 Information Communication Technology

Level IIPaperNo:CD21 CreditManagementCD22 Principles of ManagementCD23 Business Mathematics and StatisticsCD24 LawGoverningCreditPractice

Level IIIPaperNo:CD31 MarketingandCustomerRelationsCD32 Foundations of AccountingCD33 Principles of Public Finance and TaxationCD34 PracticeofCreditManagement

TheDiploma inCreditManagement graduatesare competent and skilled toworkasmiddlelevelcreditmanagersandcreditcontrollersinbothfinancialandnon-financialenterprises.

NB: Common papers in bold

2. ENTRY REQUIREMENTS

2.1 Professional examinations

A person seeking to be registered as a student for any of the professional examinations must show evidence of being a holder of one of the following minimumqualifications:

(a)KenyaCertificate ofSecondaryEducation (KCSE) examinationwith anaggregate average of at least grade C+ (C plus) provided the applicant has obtainedaminimumofgradeC+(Cplus)inbothEnglishandMathematicsorequivalentqualifications.

(b)KenyaAdvancedCertificateofEducation(KACE)withatleastTWOPrincipalpassesprovidedthattheapplicanthascreditsinMathematicsandEnglishatKenyaCertificateofEducation(KCE)levelorequivalentqualifications.

(c) KASNEBtechnician,diplomaorprofessionalexaminationcertificate.(d) A degree from a recognised university.(e) International General Certificate of Secondary Education (IGCSE)

examinationgradeCin6paperswithCinbothEnglishandMathematics.(f) SuchothercertificatesordiplomasasmaybeapprovedbyKASNEB.

QUALIFICATIONS Brochure