Accounting CPA & ATC (KASNEB)
The CPA examination is held twice yearly in June and December. The examination is divided into three parts of two sections each. Each section consists of three papers. A candidate may attempt two sections in a part together or separately in ascending order but before proceeding to the next part, a candidate must pass the lower part.
The examination is rigorous and standards are high and therefore a candidate is advised to devote approximately the equivalent of eighteen months of full time study for each part of the examination. Ideally therefore, a student should be able to complete the CPA examination in between four and a half and six years.
The following are the papers contained in each part of the CPA examination:
CPA PART I
1. Financial Accounting
2. Introduction to Law
3. Entrepreneurship and Communication
5. Cost Accounting
6. Auditing and Assurance
CPA PART II
7. Management Information Systems
8 Financial Management
9 Financial Reporting
11. Company Law
12. Quantitative Analysis
CPA PART III
13. Principles and Practice of Management
14. Management Accounting
15. Advanced Financial Management
16. Advanced Taxation
17. Advanced Auditing and Assurance
18. Advanced Financial Reporting
A SYNOPSIS OF THE ACCOUNTING TECHNICIANS CERTIFICATE (ATC) EXAMINATION
The ATC examination is held twice yearly in June and December. The examination is divided into two levels each containing five papers, thus making a total of ten papers.
The examination serves two main purposes. Firstly, the ATC certificate provides a person with comprehensive and widely recognised qualification which enables the holder to perform functions in an accounting, auditing, business or public office. Secondly, it provides the holder with an opportunity for further progression in the professional ladder and other specialised accountancy fields.
The following are the papers contained in each level of the ATC examination: