KASNEB CS33 study plan
KASNEB CS33 · Give each week a clear focus.
8 weeks · About 7 hours per week
Accountancy
Apply the accounting equation and double-entry rules to record 40 mixed transactions into the books of prime entry
Post the ledger entries and extract an unadjusted trial balance without reference notes
Identify and correct eight types of error using a suspense account and journal adjustments
Compute depreciation under straight-line and reducing-balance methods and post the year-end charge
Your checkpoint
A hand-written set of books (journal, ledger, trial balance, suspense reconciliation) for a supplied business scenario, self-marked against a model answer at 80% or better
Accountancy
Prepare a statement of profit or loss and statement of financial position for a sole trader from an unadjusted trial balance
Process six year-end adjustments including accruals, prepayments, inventory write-down, bad debts and depreciation
Apply the recognition and measurement rules of IAS 1, IAS 2 and IAS 16 to classify items correctly
Prepare partners' appropriation and current accounts from a given profit-sharing agreement
Your checkpoint
Complete financial statements for a company scenario with six adjustments produced within a 90-minute timed sitting and scored at 70% or above
Finance
Calculate present and future values, annuities and perpetuities for eight cash-flow scenarios
Compute the cost of equity, cost of debt and weighted average cost of capital for two gearing structures
Appraise three investment proposals using payback, NPV and IRR and rank them
Interpret liquidity, profitability and gearing ratios from a set of published-style accounts and comment on trends
Your checkpoint
A worked solutions file of ten numerical finance problems, each with computation steps and a one-paragraph conclusion, verified against a spreadsheet model
Finance & Credit
Distinguish and evaluate short-term, medium-term and long-term sources of finance for a stated business need
Compute the operating and cash conversion cycles and recommend working capital actions
Apply the five Cs of credit to assess a borrower profile against quantitative ratio tests
Draft reasoned lending recommendations supported by repayment capacity figures
Your checkpoint
A two-page credit appraisal memo for a simulated loan applicant, including ratio workings, risk rating and a recommendation, completed under timed conditions
Credit
Design a credit policy covering granting, monitoring, collection and escalation stages
Calculate expected credit loss provisions and classify advances by ageing buckets
Evaluate the acceptability of the main classes of security and explain perfection requirements
Distinguish the stages of non-performing loan management and recommend recovery actions for two cases
Your checkpoint
A full credit assessment and monitoring report for one borrower, including policy mapping, security analysis, provisioning calculation and a recovery plan
Governance and Management
Outline the board structure, committee roles and director duties expected under a corporate governance code
Distinguish the responsibilities of internal audit, external audit and the audit committee in a written response
Apply an ethical decision framework to three short dilemmas and justify a course of action
Prepare a risk register identifying likelihood, impact and mitigation for a named organisation type
Your checkpoint
A 30-question self-marked quiz on governance and ethics at 80% or better plus a one-page structured essay plan on a board accountability question
Information Technology
Classify the main types of information system and match each to a business process
Identify general and application controls and state the test of control for each
Explain the principal cybersecurity threats and the layered controls that address them
Describe how data analytics and computer-assisted audit techniques are applied to a transaction population
Your checkpoint
A control matrix mapping ten risks to controls and tests for a computerised sales and receivables cycle, plus a one-page summary of cyber risk exposure
Accountancy & Finance & Credit & Governance and Management & Information Technology
Sit two full-length mixed mock papers under strict timing and mark them against the published weightings
Re-work every mock question scored below half marks until the method is reproduced unaided
Compile and rehearse a one-page summary sheet of formulas and definitions per domain
Rank the five domains by mock performance and allocate the final two study blocks to the two weakest
Your checkpoint
Two completed timed mock papers with a scoring log by domain, and a written remediation list of no more than ten residual weak areas
Milestones
Week 2: Produce full financial statements from an unadjusted trial balance in under 90 minutes with at least 70% of marks, without looking at the model answer
Week 4: Score 65% or better on a self-set 25-question mixed test covering Domains 1 and 2, and submit the credit appraisal memo to a peer or tutor for feedback
Week 6: Complete a half-length mock covering Domains 1 to 4 within time, scoring 60% or better, with no domain below 50%
Week 8: Achieve 65% or better on a full timed mock across all five domains, with a written remediation list of ten or fewer weak areas