Certified Public Accountant

This documents tells more about Financial accounting is a branch of accounting that focuses on the process of recording, summarizing, and reporting a company's financial transactions. The main goal of financial accounting is to provide accurate and reliable financial information to external stakeholders, such as investors, creditors, regulators, and tax authorities, so they can make informed decisions about the company.

This notes is a summary for the topic business combination for Financial Accounting and Reporting which concludes the computation of goodwill and a gain on bargain purchases, the fair value of the assets at the acquisition date and among others

ENTERPRENUERSHIP - Entrepreneurship is the act or process of identifying business opportunities and getting the necessary resources to start a business such as a welding, bicycle repair, plumbing etc - An entrepreneur is the person who identifies business opportunities and get the necessary resources holder to start the business - Entrepreneurship is a discipline which is growing at a faster rate because formal employment are decreasing - The course in art equipping the trainee with neces...

The concave (to the origin) shape of the curve stems from an assumption that resources are not perfectly occupationally mobile. Points outside the P.P frontier (to the North East) are unattainable under the present technical know-how. Points inside it say, H, would be inefficient since resources are not being fully employed, resources are not being properly used, or outdated production techniques are utilized. If production is on the frontier the resources are being fully utilized. Points ...

GENERAL OBJECTIVE This paper is intended to equip the candidate with the knowledge, skills and attitude that will enable him/her to apply the principles of credit management in the financial sector LEARNING OUTCOMES A candidate who passes this paper should be able to:  Analyse different credit applications  Extend different credit facilities for different customers  Apply credit management skills in the context of asset financing  Assess the impact of microfinance in promotin...

CHAPTER 1 NATURE PURPOSE AND CLASSIFICATION OF LAW Introduction By the end of this topic the learner should be in a position to answer the following questions from general detailed perspective.  What do you understand by the term law?  What are the distinct features of law that make it what it is?  Explain using relevant examples, the various ways in which law in your country is classified?  Explain the relation that exist between law, morality and ethics, citing various exa...

THE NATURE OF COST ACCOUNTING AND MANAGEMENT ACCOUNTING Cost accounting can be defined within the accounting system as internal reporting for use in management planning, control, and in making routine and non-routine decisions, and external reporting to the extent that its product-costing function satisfies external reporting requirements for reporting to shareholders, government, creditors, investors and various outside interested parties. Cost is the measurement of the sacrifice of econo...

Summary of accounting for Installment sales