KASNEB CIFA Foundation case studies
KASNEB CIFA Foundation · Put your knowledge to work in context.
The Certified Investment and Financial Analysts (CIFA) qualification is offered by the Kenya Accountants and Secretaries National Examinations Board (KASNEB), a State Corporation established by the Government of Kenya in 1969 with a mandate to develop syllabuses, conduct professional and diploma examinations, and certify candidates in accountancy, finance and related disciplines. CIFA is designed for persons who aspire to excel as investment, securities and financial analysts, portfolio managers, investment bankers, fund managers or consultants in national and global financial markets, and it aims to equip candidates with the skills, values and knowledge to thrive in a dynamic financial landscape. The KASNEB CIFA Foundation case studies are 5 cases and about 3,428 words.
1Mwangaza Traders: Depreciation Policy and the Capital/Revenue Boundary
Mwangaza Traders is a sole trader in Nakuru operating three delivery vehicles. On 1 January 2023 the business bought a van for KSh 1,800,000.
755 words, about 4 min2Zawadi Enterprises: What Goes Through the Ledger and What Stays in the Reconciliation
Zawadi Enterprises prepares a bank reconciliation each month. At 31 March 2025 the cash book showed a debit balance of KSh 84,500, while the bank statement showed a balance of KSh 73,200 in the firm's favour.
634 words, about 3 min3Kigoma Bakers: Elasticity, Cost Inflation and the Pricing Decision
Kigoma Bakers sells a 500g loaf at KSh 60 and currently sells 40,000 loaves a month. Unit variable cost is KSh 32 and monthly fixed costs are KSh 600,000.
655 words, about 3 min4Bahari County: A Price Ceiling, a Parallel Market and a Costly Buffer Stock
The county government of Bahari has fixed a maximum retail price of KSh 20 per kilogram of maize flour to protect low-income households. Weekly demand is estimated as Qd = 150 − 3P and weekly supply as Qs = 30 + 2P, where Q is in thousands of kilograms and P is the price in KSh per kilogram.
697 words, about 3 min5Bahari Household Basket: A Laspeyres Index and the Real Wage Dispute
A trade union and an employer are in a wage dispute. An employee earned KSh 45,000 a month in 2022 and KSh 54,000 in 2024.
687 words, about 3 min