Description
This book equips CPA learners with the knowledge and skills to manage, control and optimise the finances of an organisation, following the KASNEB syllabus for Paper No. 8. It covers the goals of the firm and agency issues, sources of finance, financial institutions and markets, the time value of money, business and financial asset valuation, capital structure and the cost of capital, and capital budgeting. It also covers financial statement analysis and forecasting, working capital management, dividend policy, portfolio analysis, Islamic finance, personal financial management and contemporary issues such as fintech, blockchain and behavioural finance, with fully worked examples and Kenyan business cases throughout.
