The CPA syllabus in Kenya is getting overhauled as it prepares to admit CBC students.
The new syllabus puts more emphasis on practical training.
In the final section, students undergo purely hands on accounting training through real assignments and simulations.
Another critical change: Company Law paper has been completely removed from CPA. It is now left to lawyers & Company Secretaries.
But one change I particularly like is the scrapping of specialization at the Advanced Level. Students must now sit all the papers.
This is a move in the right direction. A CPA student should be trained in the entire finance function, not just one corner of it.
There is no glory in being an audit specialist who has no clue about taxation.
A CPA must be a full CPA, not a half baked one.
Specialisation can come later in one's career, but not during CPA training.
What are your observations?
- Are these changes making the CPA qualification stronger?
- As a CPA student, how do you receive these changes?
Happy Easter from all of us at Uungano Foundation! 🐣
May this Easter bring you peace, joy, and the strength to keep making a difference—big or small.
#Easter2025#UunganoFoundation#Hope#HappyEaster
Age is not just a number in personal finance. There's different things to do at different age groups.
Age 18-24 : Learn the fundamentals, upskill
Age 25-34 : Start saving & Investing, diversify
Age 35-44 : Go for balance, consolidate assets
Age 45-54 : Most productive years, do the most
Age 55+ : Slowly shift to conservative options
#OwnYourFinancialJourney #AbojaniMasterclass
PROCEDURE OF PURCHASING LAND IN KENYA
If you are buying land from an individual or a group please follow the following STEPS to avoid being CONNED.
1. Ask to see the TITLE DEED or Copy of the title deed. Then do a search at the ministry of lands to confirm who the real owners are or if the title has any CAVEAT on it, The search will cost you Sh 520.
2. Do a search with LOCAL AUTHORITIES to check of any unpaid land rates. If any, agree with the seller who will settle the land rates. NB:LAND can't be transferred if they are unpaid land rates.
3. Go to the ministry of lands and buy 2 Maps, one showing the exact measurements of the piece you are buying called (mutation) and the other showing the neighbouring lands, Each costs Sh 350.
4. With your 2 maps and a surveyor (you can do it yourself) visit the land you are buying and verify the details on the MAP. Check out all the beacons.
5. Sit down with your seller and bargain the price. Write down an agreement. The agreement can be done in the presence of a lawyer. According to LSK if the value of the land is below 1 million you pay the lawyer 3K, if it's above 1 million you pay the lawyer 8K for the agreement.
6. Pay some amount as per your agreement. Don't pay everything Hata kama pesa uko nayo.
7. Book a meeting with lands control board (LCB) They meet once every month. It will cost you Sh 1000. LCB will issue consent for the land to be sold.
8. Pay the remaining balance after getting consent from LCB.
9. Go to ministry of lands offices with your KRA PIN, 2 passport photos and a copy of the TITLE DEED to change ownership. It will cost you Sh 5000.
10. At this stage you don't need the seller. Now go pay stamp duty, i.e according to the VALUE of the land.
4% of sales value in municipalities &
2%of sales value in reserves.
11. Now the land belongs to you, but before celebrating go to the ministry of lands & do a search to confirm if they have updated their RECORDS and it reads your name.
Free Webinar Alert!
We will have a free Webinar on "How To Pick Stocks in the NSE"
We will cover:
- How to analyze stocks
- How to analyze financial statements
- When to buy/sell a stock
Register to attend the session via the link below.
Answering the most Frequently Asked Questions about SACCOs
1. How do I make money in a SACCO?
You make money in two ways:
a) Dividends from share capital
b) Rebates on savings
8 COMMON INTERVIEW QUESTIONS FOR GRADUATES
1. TELL US ABOUT YOURSELF ?
The interviewer is not interested in hearing stories; they simply expect to know your academic and professional achievements, your name and the institution you currently work for. Take a minutes to introduce yourself, and state your recent academic qualification and your relevant experience (if any).
''My name is [Your Name] and I am a recent graduate of [University Name] with a Bachelors of Science in [Degree]. I am a highly motivated and adaptable individual with a passion for learning and growth. I thrive in fast-paced environments and constantly look for ways to improve and take on new challenges.
In my previous role as a [Position Name] at [Company Name], I was responsible for [List of Responsibilities]. I have a proven track record of success in [List of Accomplishments].
I am excited to learn more about the [Position Name] position at [Company Name] and believe that my skills and experience would be a valuable asset to your team.''
#IkoKaziKE #InterviewTips #interview #Graduates
10 Best places to visit in Nairobi on a SUNDAY.
1. Sk8City Nairobi
Nairobi’s first indoor skating rink. Highly recommended as a fun place for a date or to go with friends.
Savour delicious food & drinks and explore a variety of Arcade games.
CHARGES👉https://t.co/47N8uzdmqL