Description
This book equips CPA learners with the knowledge and skills to apply public financial management principles and Kenyan tax laws, following the KASNEB syllabus for Paper No. 12. It covers public financial management and the budget process, national and county government financial relations, oversight of public finances, public procurement, public private partnerships and public debt. It then covers the principles of taxation and KRA, taxation of employment, business and other incomes, capital allowances, tax administration, value added tax, customs, excise duty and miscellaneous levies, with fully worked computations using rates as amended by the Finance Act 2026.
