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Result Kenya National Examinations Council (KNEC) is the national body responsible for overseeing national examinations in Kenya. Its current chairman is Professor Julius Omondi Nyabundi who succeeded Professor John Onsati. This council was established under the Kenya National Examinations Council Act Cap 225A of the Laws of Kenya, in 1980.
The examination was supervised by the Kenya National Examination Council (KNEC), an examining body in Kenya under the Ministry of Education. The same body also conducted and regulated the Kenya Certificate of Secondary Education (KCSE), a certificate awarded to students after completing secondary education. KCPE and KCSE were both started in ...
Due to the current policies and financial requirements, educational access is limited to students who perform highly in academics and those who do not. If students are academically inclined and perform well in their primary and secondary education institutions, the educational fees and increasing tuition costs cause them to be unable to attend ...
Consolidated financial statements are defined as "Financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent (company) and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial ...
Financial software or financial system software is special application software that records all the financial activity within a business organization. Basic features of this system not only includes all the download of accounting software like accounts payable, accounts receivable, ledger, reporting modules and payroll but also to explore alternative investment choices and calculate ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 February 2025. Measurement, processing and communication of financial information about economic entities "Accountancy" redirects here. For the constituency in Hong Kong, see Accountancy (constituency). For the game, see Accounting (video game). Part of a series on Accounting Constant purchasing power ...
In accounting, a basis of accounting is a method used to define, recognise, and report financial transactions. [1] The two primary bases of accounting are the cash basis of accounting, or cash accounting, method and the accrual accounting method. A third method, the modified cash basis, combines elements of both accrual and cash accounting.
Current liabilities in accounting refer to the liabilities of a business that are expected to be settled in cash within one fiscal year or the firm's operating cycle, whichever is longer. [1] These liabilities are typically settled using current assets or by incurring new current liabilities.