Financial Accounting notes: KNEC diploma

Financial Accounting KNEC Diploma module unit study notes. Click on the topic tile o open pdf notes

Topic 1: Introduction to Accounting

Topic 2: Accounting Concepts, Conventions and Bases

Topic 3: Source Documents

Topic 4: Books of Original Entry

Topic 5: The Ledger and the Trial Balance

Topic 6: Types of Errors and their Correction

Topic 7: Single entry and Incomplete Records

Topic 8: Final Accounts for Sole Proprietorship

Topic 9: Adjustments to Final Accounts

Topic 10: The Cashbook

Topic 11: Petty Cashbook

Topic 12: Bank Reconciliation Statements

Topic 13: Capital and Revenue Expenditure

Topic 14: Control Accounts

Topic 15: Accounting for Fixed Assets

Topic 16: Non-Profit Making Organizations

Topic 17: Emerging Trends and Issues in financial Accounting



At the end of the unit, the trainee should be able to:

  • Apply of accounting principles in business bookkeeping
  • Record financial information of an organisation
  • Detect and correct book keeping errors
  • Prepare final accounts for an organisation



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2 thoughts on “Financial Accounting notes: KNEC diploma”

  1. Hello i really need the soft copy complete notes for the following units in Supply chain management
    1. Economics
    2. Financial ACCOUNTING
    3. Warehousing and stock control
    4. Office organisation

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