2-Year Diploma in Computerized Accounting and Finance

Course Duration: 2 Years (4 Semesters, including holidays and attachment) Course Fee: 30,000 Kenyan Shillings per semester Weekly Commitment: Minimum of 2 hours per day Course Overview: This diploma program combines traditional accounting principles with modern computerized accounting systems. It prepares students for careers in accounting, finance, and financial management, equipping them with skills in using accounting software, financial analysis, and management accounting.

Year 1

Semester 1: Fundamentals of Accounting and Finance Week 1-4: Introduction to Accounting

Basic Accounting Principles
Double-Entry Bookkeeping
Financial Statements (Balance Sheet, Income Statement)
Practical Exercises: Preparing basic financial statements

Week 5-8: Introduction to Finance

Overview of Financial Management
Time Value of Money
Risk and Return
Practical Exercises: Financial decision-making scenarios

Week 9-12: Accounting Information Systems

Introduction to Accounting Software
Setting Up Accounting Systems
Recording Transactions Electronically
Practical Exercises: Using accounting software for basic tasks

Week 13-16: Financial Reporting

Understanding Financial Reports
Reporting Standards (IFRS, GAAP)
Analyzing Financial Statements
Practical Exercises: Analyzing financial reports using software

Semester 2: Advanced Accounting and Financial Management Week 1-4: Intermediate Accounting

Accounting for Assets and Liabilities
Equity and Dividend Accounting
Revenue Recognition and Expense Matching
Practical Exercises: Complex accounting entries and adjustments

Week 5-8: Cost Accounting

Cost Behavior and Costing Methods
Budgeting and Variance Analysis
Cost-Volume-Profit Analysis
Practical Exercises: Preparing and analyzing budgets

Week 9-12: Financial Analysis and Planning

Financial Ratio Analysis
Cash Flow Management
Investment Appraisal Techniques
Practical Exercises: Performing financial analysis using software

Week 13-16: Taxation and Compliance

Introduction to Taxation
Corporate and Personal Taxes
Tax Compliance and Planning
Practical Exercises: Preparing tax returns using software

Year 2

Semester 3: Specialized Accounting and Finance Topics Week 1-4: Management Accounting

Strategic Management Accounting
Performance Measurement and Control
Decision-Making in Management Accounting
Practical Exercises: Management accounting scenarios

Week 5-8: Financial Markets and Institutions

Overview of Financial Markets
Role of Financial Institutions
Securities and Investment Vehicles
Practical Exercises: Exploring financial markets

Week 9-12: Advanced Financial Accounting

Consolidation and Group Accounts
Accounting for Mergers and Acquisitions
Foreign Currency Transactions
Practical Exercises: Advanced financial accounting tasks

Week 13-16: Auditing and Assurance

Principles of Auditing
Internal and External Audits
Audit Procedures and Techniques
Practical Exercises: Conducting a simulated audit

Semester 4: Capstone Project and Industry Attachment Week 1-4: Capstone Project

Identifying a Real-World Accounting or Finance Issue
Project Planning, Design, and Implementation
Presentation and Evaluation of Capstone Project
Final Assessment

Week 5-8: Industry Attachment

Hands-On Experience in Accounting and Finance Roles
Applying Learned Skills in Real-World Accounting Environments
Industry Networking and Professional Development

Week 9-12: Professional Development and Career Planning

Building a Professional Portfolio and Resume
Job Search Strategies and Interview Preparation
Understanding Industry Certifications (e.g., CPA, ACCA)

Week 13-16: Course Review and Final Exam

Comprehensive Review of All Topics Covered
Practice Projects and Final Assessments
Final Exam and Evaluation

Certification: Upon successful completion of the course, students will receive a "Diploma in Computerized Accounting and Finance," certifying their proficiency in both manual and computerized accounting, financial management, and tax compliance. This certification prepares them for roles such as Accountant, Financial Analyst, and Finance Manager