KASNEB DCM study plan
KASNEB DCM · Give each week a clear focus.
8 weeks · About 7 hours per week
Credit Management
Explain the five Cs of credit and apply them to three borrower profiles you write yourself
Compute the cost of offering a cash discount versus the cost of carrying receivables across two scenarios
Draft a credit policy outline covering credit limits, payment terms, and collection escalation
Calculate days sales outstanding, ageing-bucket percentages, and the bad-debt ratio from a receivables ledger you construct
Your checkpoint
A one-page credit policy plus a worked receivables analysis sheet showing DSO, ageing percentages, and bad-debt ratio for a 12-invoice sample
Credit Management & Financial Accounting
Solve 20 multi-step credit appraisal problems under a two-minute-per-question timer
Record receivables, allowance for doubtful debts, and write-offs using double entry
Reconcile a receivables control account to a list of balances and explain each difference
Explain how credit terms change working capital and the cash conversion cycle
Your checkpoint
A self-marked 25-question credit management test with an error log sorted by sub-topic
Financial Accounting
Prepare a statement of profit or loss and statement of financial position from an unadjusted trial balance
Post eight adjusting entries for accruals, prepayments, depreciation, and inventory, and state the effect of each on profit
Prepare a bank reconciliation and correct a suspense account from a list of constructed errors
Compute and interpret four ratios from the statements you prepare
Your checkpoint
A complete set of financial statements with full workings for one constructed trial balance, plus a four-ratio interpretation note
Business Law
Outline the essential elements of a valid contract and apply them to five constructed fact patterns
Distinguish terms from representations and classify terms as conditions, warranties, or innominate terms
Describe the remedies available for breach of contract and select the appropriate remedy in three scenarios
Explain the legal rules governing negotiable instruments and agency relationships
Your checkpoint
Ten written answers in issue-rule-application-conclusion format to constructed legal scenarios
Business Law & Economics and Entrepreneurship
Apply the rules on partnership formation, company incorporation, and dissolution to constructed scenarios
Explain the elements of a valid insurance contract and the doctrine of insurable interest
Define and compute price elasticity of demand and use it to predict the revenue effect of a price change
Identify the market structure implied by four constructed industry descriptions and justify each choice
Your checkpoint
A comparison table of business forms and market structures, each illustrated with two applied examples
Economics and Entrepreneurship
Calculate equilibrium price and quantity from constructed demand and supply functions
Describe the functions of money and the transmission of monetary policy by a central bank
Draft the market analysis and costing sections of a business plan for a venture you specify
Compute break-even output and margin of safety from a constructed cost structure
Your checkpoint
A two-page mini business plan containing a break-even calculation and a justified pricing recommendation
Information Communication Technology and Professional Ethics
Describe the components of an information system and identify input, processing, and output controls
Explain data protection principles and apply them to three constructed data-handling scenarios
Resolve five ethical-dilemma scenarios against the professional code and justify each resolution
Identify threats to independence and state the safeguards that address each threat
Your checkpoint
Six ethics case analyses, each stating the chosen course of action, the governing principle, and the safeguard applied
Credit Management & Financial Accounting & Business Law & Economics and Entrepreneurship & Information Communication Technology and Professional Ethics
Complete two full-length timed papers under exam conditions
Re-drill every item in the weeks 1-7 error log until no mistake repeats
Condense each domain onto one revision sheet of formulas, statutory rules, and definitions
State your weakest sub-topic per domain and confirm it now scores above 70% on a spot test
Your checkpoint
Two scored mock papers plus a closed error log and five one-page revision sheets, one per domain
Milestones
Week 2: Score at least 70% on the 25-question credit management self-test, with the cost-of-credit and DSO calculations error-free
Week 4: Closed-book 40-question mock covering domains 1-3 at 60% or above, with every wrong answer logged to a sub-topic
Week 6: Timed 30-question mock on domains 3-4 at 65% or above, and a break-even figure that reconciles to your own workings
Week 8: Final full-length mock at 70% or above overall with no single domain below 60% and zero unresolved error-log items