AD33: Fundamentals of Finance
- 13 Sections
- 43 Lessons
Join Live Zoom Class
1 Lesson
Topic 1
3 Lessons
Topic 2
1 Lesson
Topic 3
11 Lessons
- Time Value of Money
- 14TH SEP TOPIC 3: TIME VALUE OF MONEY
- 16TH SEP SUBTOPIC : LOAN AMORTIZATION SCHEDULE,PRACTICE QUESTIONS
- 22ND SEP TUE(DAY CLASS) BY MR. NYAMU- SUBTOPIC : GORDONS MODEL
- 22ND SEP TUE(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: DISCOUNTING
- 23RD SEP WED(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: VALUATION OF SECURITIES
- 28TH SEP MON( DAY CLASS) BY MR. NYAMU PRT 1 - SUBTOPIC: VALUATION OF COMENTIBLE BONDS
- 28TH SEP MON(DAY CLASS) BY MR. NYAMU PRT 2 - VALUATION OF COMENTIBLE BONDS
- 29TH SEP TUE(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: VALUATION OF PREFERENCE SHARES AND BONDS/DEBENTURES
- 30TH SEP WED( DAY CLASS) BY MR. NYAMU - SUBTOPIC: WEIGHTED MAGINAL COST OF CAPITAL
- 30TH SEP WED(EVENING CLASS) BY MR. GITHINJI - TOPIC: VALUATION COST OF CAPITAL
Topic 4
1 Lesson
Topic 5
19 Lessons
- Cost of Capital
- 29TH SEP TUE ( DAY CLASS) BY MR. NYAMU - TOPIC: COST OF CAPITAL
- 5TH OCT MON(DAY CLASS) BY MR. NYAMU - SUBTOPIC: WEIGHTED MARGINAL COST OF CAPITAL
- 6TH OCT TUE (DAY CLASS) BY MR. NYAMU - SUBTOPIC: ASSUMPTIONS OF WEIGHTED COST,ADVANTAGES AND LIMITATIONS OF WEIGHTED COST,INTRODUCTION TO CAPITAL BUDGETING DECISIONS
- 7TH OCT WED (DAY CLASS) BY MR. NYAMU - TOPIC: INVESTMENT APPRAISAL TECHNIQUES
- 7TH OCT WED (DAY CLASS) BY MR. NYAMU - TOPIC: INVESTMENT APPRAISAL TECHNIQUES PRT 2
- 7TH OCT WED( EVENING CLASS) BY MR. GITHINJI - COST OF CAPITAL
- 12TH OCT MON(DAY CLASS) BY MR. NYAMU - SUBTOPIC: NET PRESENT VALUE
- 13TH OCT TUE(DAY CLASS) BY MR. NYAMU - TOPIC: INTRODUCTION TO PORTFOLIO THEORY
- 13TH OCT TUE(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: CONTINUATION OF WACC AND INTRODUCTION TO INVESTMENT DECISIONS
- 14TH OCT WED(DAY CLASS) BY MR. NYAMU - SUBTOPIC: ILLUSTRATION QUESTIONS ON PORTFOLIO THEORY
- 14TH OCT WED(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: DISCOUNTED CASHFLOW TECHNIQUES PRT 1
- 14TH OCT WED(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: DISCOUNTED CASHFLOW TECHNIQUES PRT 2
- 19TH OCT MON(DAY CLASS) BY MR. NYAMU - TOPIC: WORKING CAPITAL MANAGEMENT
- 20TH OCT(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: PAYBACK PERIOD,ACCOUNTING RATE OF RETURN
- 21ST OCT WED(DAY CLASS) BY MR. NYAMU - TOPIC: WORKING CAPITAL MANAGEMENT
- 21ST OCT WED(EVENING CLASS) BY MR. GITHINJI - SUBTOPIC: DETERMINATION OF PROJECT CASHFLOWS
- 26TH OCT MON(DAY CLASS) BY MR. NYAMU - SUBTOPIC: INVENTORY MANAGEMENT (ILLUSTRATIONS)
- 27TH OCT TUE(DAY CLASS) BY MR. NYAMU - SUBTOPIC: MILLE-ORR MODEL
Topic 6
1 Lesson
Topic 7
1 Lesson
Topic 8
1 Lesson
Topic 9
1 Lesson
Topic 10
1 Lesson
Topic 11
1 Lesson
Topic 12
1 Lesson
AD33: Fundamentals of Finance – Course Description
AD33: Fundamentals of Finance is an Intermediate Level paper in the KASNEB Accounting Technician Diploma (ATD) qualification. It equips learners with the fundamental knowledge and practical skills required to understand financial management principles, investment decisions, financing options, and working capital management. The course emphasizes the effective acquisition, utilization, and management of financial resources to support organizational objectives and sustainable business growth.
Key Topics Covered
- Overview of finance
- Nature and scope of finance
- Relationship between accounting and finance
- Finance functions
- Goals of a firm
- Agency theory: conflicts and resolutions
- Sources of finance
- Factors to consider when choosing a source of finance
- Internally generated and externally generated finance
- Short term, medium and long term sources of finance
- Financial markets and systems
- Roles and importance of financial markets and systems
- Market participants and financial innovation
- Types of financial markets
- Characteristics of a good market
- Functions of financial markets
- The flow of funds and the financial system
- Organisation, structure and functions of securities markets
- Automation of securities exchanges; automated trading system (ATS), Central depository system (CDS)
- Role of government in the financial system; capital markets authority, central bank, central depository and settlement company
- Time value of money
- Time value versus time preference for money
- The relevance of time value of money
- Discounting techniques
- Compounding techniques
- Preparation of the loan amortisation schedule
- Introduction to risk and return
- Components of risk and return
- Sources of risk
- Measures of risk and return for a single asset
- Distinction between risk-free and risky assets
- Relationship between risk and return on investments
- Cost of capital
- Significance of cost of capital to firms
- Factors influencing a firm’s cost of capital
- Components of cost of capital
- Weighted average cost of capital
- Weighted marginal cost of capital
- Working capital management
- Nature and importance of working capital management
- Determinants of working capital
- Working capital operating cycle
- Working capital financing policies
- Cash management
- Accounts receivable management
- Accounts payable management
- Management of inventory, debtors and creditors
- Capital budgeting decisions under certainty
- Importance, characteristics and types of capital investment decisions
- Capital investment cash flows; total initial cash outlay, the total terminal cash flows and annual net operating cash flows
- Investment evaluation criteria
- The features of an ideal capital budgeting technique
- Investment appraisal techniques; Accounting Rate of Return (ARR), Payback period, Internal Rate of Return, Net Present Value, Profitability index
- Dividend decisions
- Factors influencing the dividend decision of a firm
- Forms of dividend payment
- The dividend policies; pay-out ratio policy, residual policy, stable predictable policy, low regular plus extra policy
- Dividend payment chronology- declaration date, holder of record date, ex- dividend date and payment date
- Fundamentals of Islamic finance
- Principles and trends in Islamic banking
- Differences between Islamic and conventional banking
- The concept of interest (riba) and how returns are made by Islamic financial securities
- Sources of finance in Islamic financing
- Emerging issues and trends
Want to submit a review? Login
