June 2021

EXECUTIVE SUPPORT / EXECUTIVE INFORMATION SYSTEM (ESS / EIS) These are computer-based information systems which give executive easy access to both internal and external data. The executive information system is designed in such a way that it assists an executive manager to make strategic decisions. These systems provide information in the form of tables and […]

EXPERT SYSTEM Also known as Knowledge Management System (KMS); works on the principle of Artificial intelligence. The expert system is designed in such a way that it takes and store the knowledge of a human expert on a particular subject and use that knowledge to assist people with lower expertise to make decisions. Expert system

TYPES OF INFORMATION SYSTEM TRANSACTION PROCESSING SYSTEM (TPS) This is a system which collects and stores data about transaction occurring within an organization on a day to day basis. As the name implies, Transaction Processing Systems (“TPS”) are designed to process routine transactions efficiently and accurately. A business will have several (sometime many) TPS. A

COMPONENTS OF INFORMATION SYSTEMS The main components of information systems are computer hardware and software, telecommunications, databases and data warehouses, human resources, and procedures. The hardware, software, and telecommunications constitute information technology (IT), which is now ingrained in the operations and management of organizations. An Information system is a combination of hardware and software and

OVERVIEW OF INFORMATION SYSTEM Information system, an integrated set of components for collecting, storing, and processing data and for providing information, knowledge, and digital products. Business firms and other organizations rely on information systems to carry out and manage their operations, interact with their customers and suppliers, and compete in the marketplace. An information system

4_5969888710466996830[tnc-pdf-viewer-iframe file=”https://knecnotes.co.ke/wp-content/uploads/2021/06/4_5969888710466996830.pdf” width=”100%” height=”800″ download=”true” print=”true” fullscreen=”true” share=”true” zoom=”true” open=”true” pagenav=”true” logo=”true” find=”true” current_view=”true” rotate=”true” handtool=”true” doc_prop=”true” toggle_menu=”true” toggle_left=”true” scroll=”true” spread=”true” default_scroll=”0″ default_spread=”0″ language=”en-US” page=”” default_zoom=”auto” pagemode=”none” iframe_title=””]   INTRODUCTION These transitional guidelines are aimed at providing guidance to current students in the Certificate examination (CAMS), Diploma examinations (ATD, DICT and DCM) and Professional examinations

INTRODUCTION TRANSITION GUIDELINES UNDER THE REVISED STRUCTURE OF EXAMINATIONS 1. These transitional guidelines are aimed at providing guidance to current students in the Certificate examination (CAMS), Diploma examinations (ATD, DICT and DCM) and Professional examinations (CPA, CS, CIFA, CICT and CCP) in their transition to the revised syllabuses after administration of the last examinations under

CPA SYLLABUS ADVANCE EDITION[tnc-pdf-viewer-iframe file=”https://knecnotes.co.ke/wp-content/uploads/2021/06/CPA-SYLLABUS-ADVANCE-EDITION.pdf” width=”100%” height=”800″ download=”true” print=”true” fullscreen=”true” share=”true” zoom=”true” open=”true” pagenav=”true” logo=”true” find=”true” current_view=”true” rotate=”true” handtool=”true” doc_prop=”true” toggle_menu=”true” toggle_left=”true” scroll=”true” spread=”true” default_scroll=”0″ default_spread=”0″ language=”en-US” page=”” default_zoom=”auto” pagemode=”none” iframe_title=””]   FOUNDATION LEVEL   Paper No. 1                 Financial Accounting                               

CPA PART I SECTION 1   CS PART I SECTION 1   CCP PART I SECTION 1   BUSINESS LAW   MAY 2021 MONDAY: 17 May 2021.                                                               Time Allowed: 3 hours.  Answer any FIVE questions.                                       ALL questions carry equal marks.   QUESTION ONE Explain four features of the civil law system.                           (8 marks) In the

LIMITED LIABILITY PARTNERSHIP ACT ARRANGEMENT OF SECTIONS PART I – PRELIMINARY Section 1. Short title. 2. Interpretation. PART II – REGISTRAR AND REGISTER OF LIMITED LIABILITY PARTNERSHIPS 3. Appointment and functions of Registrar and other officers. 4. Power of Registrar to refuse registration if information is not adequate. 5. Electronic lodgement of documents with Registrar.

LAW OF CONTRACT ACT An Act of Parliament to apply the English common law of contract to Kenya, with certain modifications 1. Short title This Act may be cited as the Law of Contract Act. 2. English law of contract to apply in Kenya (1) Save as may be provided by any written law for