KASNEB DCM study materials
KASNEB DCM study resources

KASNEB DCM study plan

KASNEB DCM · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

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

Week 2

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

Week 3

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

Week 4

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

Week 5

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

Week 6

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

Week 7

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

Week 8

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