KASNEB CS25 study plan

Explain the purpose and format of each core financial statement and the accounting equation

Apply double-entry rules to record 20 mixed transactions in a trial balance

Prepare adjusting entries for accruals, prepayments, depreciation and bad debts

Compute gross and net profit from a given trial balance

Distinguish sole trader, partnership and company accounting treatments

Prepare a partnership appropriation account and admit a new partner under a given profit-sharing ratio

Explain the purpose of the cash flow statement and classify items into operating, investing and financing

Interpret a set of ratios (liquidity, profitability, gearing) and write three conclusions

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

Evaluate an investment using NPV, IRR and payback and state which criterion you would rely on

Calculate the cost of equity, cost of debt and WACC for a given capital structure

Explain the relationship between risk and required return in the CAPM

Prepare a cash budget from given receipts and payments forecasts

Distinguish the main sources of short-term and long-term finance and match each to a financing need

Compute and interpret working capital ratios and the operating cash cycle

Explain dividend policy choices and their effect on retained earnings

Explain the five Cs of credit and apply them to two contrasting loan applicants

Compute key lending ratios from financial statements and flag breaches against covenant thresholds

Describe the purpose and main types of security and the priority of claims on default

Outline the stages of credit appraisal from application to disbursement and monitoring

Distinguish the roles of the board, audit committee and external auditor

Explain the main principles of corporate governance and why segregation of duties reduces fraud risk

Compare leadership and management styles and match each to a situational example

Identify the elements of an internal control system and one weakness in a described process

Describe the components of a computer system and classify input, processing and output devices

Explain the controls needed over data input, processing and output in an accounting information system

Distinguish types of networks and outline threats and safeguards for confidentiality and integrity

Explain the role of spreadsheets and databases in financial reporting and one control risk of each

Explain the elements of a valid contract and the duties of an agent

Summarise the main provisions of business law relevant to companies, partnerships and insolvency

Apply basic business mathematics and statistics to a mixed-format problem set

Sit two full timed mock papers under exam conditions and mark them against the syllabus weightings

Rework every question missed in the mocks and log the underlying concept for each