KNEC Business Finance notes

TOPICS COVERED IN KNEC BUSINESS FINANCE SUBJECT

 TOPIC 1: FORMS OF BUSINESS ORGANIZATION

  • Sole proprietorship
  • Partnership
  • Cooperatives
  • Companies

TOPIC 2: NATURE OF BUSINESS FINANCE 

  • Importance
  • Relationship with other disciplines

TOPIC 3: SHORT TERM BUSINESS FINANCE

  • Different sources of short-term finance
  • Nature & role of each source of short-term finance
  • Financial institutions

TOPIC 4: MEDIUM TERM BUSINESS FINANCE

  • Different sources of medium-term finance
  • Nature & role of each source of short-term finance
  • Financial institutions

TOPIC 5: LONG-TERM BUSINESS FINANCE

  • Different sources of long-term finance
  • Nature & role of each source of short-term finance
  • Financial institutions

TOPIC 6: DECISIONS ON SHORT-TERM FINANCE

  • Decisions on working capital
  • Using ratios and models in decision making

TOPIC 7: DECISION ON MEDIUM AND LONG TERM SOURCES OF FINANCE     

  • Decisions on medium and long term sources of finance
  • Using ratios and models in decision making

TOPIC 8: TIME VALUE OF MONEY

  • Value of money
  • Future value
  • Present value
  • Amortizing loans

TOPIC 9: EVALUATION OF LONG TERM PROJECTS    

  • Evaluation process
  • Different methods of evaluation
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