KASNEB CS21 study plan

Explain the purpose and format of each core financial statement (statement of financial position, statement of profit or loss, statement of cash flows)

Apply the double-entry rule to record 15 basic transactions in ledger accounts and extract a trial balance

Distinguish between capital and revenue expenditure and classify 10 given items accordingly

Prepare a simple statement of financial position from a given trial balance

Prepare a bank reconciliation statement from a given cash book and bank statement

Construct and reconcile a control account for receivables and payables

Compute and record depreciation using straight-line and reducing-balance methods

Adjust ledger balances for accruals, prepayments, and closing inventory

Compute present and future values for single sums and annuities using discount-factor tables

Calculate net present value, internal rate of return, and payback period for two competing projects and recommend one

Distinguish sources of short-term and long-term business finance and state two advantages and two drawbacks of each

Explain the relationship between risk and return and compute the cost of equity using the dividend growth model

Compute working capital and interpret the current and quick ratios for a given set of figures

Analyse a firm's liquidity, profitability, and gearing using at least six ratios and write a short interpretation

Explain the five Cs of credit and apply them to a short borrower scenario

Describe the credit appraisal process from application to disbursement

Distinguish types of credit (trade, consumer, bank, and asset-based) and match each to a business need

Identify warning signs of default and outline a collections escalation procedure

Explain the role of collateral, guarantees, and credit reference bureaus in managing credit risk

Calculate the cost of offering a cash discount versus carrying receivables

Compare the roles of the board, management, and shareholders in a company and state the duties of directors

Explain the principles of corporate governance and apply them to a short case of a governance failure

Describe the components of internal control and identify three control weaknesses in a given scenario

Outline the purpose and process of both internal and external audit

Explain the components of an accounting information system and the difference between manual and computerised systems

Describe the main types of accounting software and the controls needed in a computerised environment

Explain data security threats and controls, including access controls, backups, and segregation of duties

Outline how spreadsheets are used in finance and identify three common spreadsheet control risks

Revise all six domains using the personal error log and re-test the weakest three topics

Complete two full timed mock papers under exam conditions

Review the business-law and economics topics within related disciplines and summarise key definitions

Consolidate a one-page formula and definitions sheet per domain