KASNEB KASNEB Towers, Hospital Road, Upper Hill, P O Box 41362 - 00100 Nairobi, Kenya globallynumbers: competitive professionals Tel: 254-020-4923000, Providing Cell phone 0722-201214, 0734-600624 Fax: 254-020-2712915, E-mail: info@kasneb.or.ke Website: www.kasneb.or.ke Introduction (iii) Certified Information Communication Technologists (CICT) (iv) Certified Investment and Financial Analysts (CIFA) (v) Certified Credit Professionals (CCP) The KASNEB policy on review of examination syllabuses provides for a mid-term review of the syllabuses after two and a half years and a major review after five years. A major review of the syllabuses usually involves significant changes in structure and content of the syllabuses. On the other hand, the focus of a mid-term review is usually on content and not structure of the examinations. Note: (i) The Certified Public Secretaries (CPS) examination has been renamed Certified Secretaries (CS) examination. (ii) The Certified Securities and Investment Analysts (CSIA) examination has been renamed Certified Investment and Financial Analysts (CIFA) examination. 1.2 Diploma Examinations The last major review of the examination syllabuses was undertaken in the years 2008 and 2009 and the revised syllabuses administered for the first time in the November/December 2009 sitting. A mid-term review of the examination syllabuses was undertaken in the year 2012 and the revised syllabuses administered for the first time in the November/December 2012 sitting. (i) Accounting Technicians Diploma (ATD) (ii) Diploma in Information Communication Technology (DICT) (iii)Diploma in Credit Management (DCM) The current major review of the syllabuses commenced in the year 2013 and involved a number of activities, including the following: (a) Benchmarking visits were undertaken to various reputable professional examinations bodies in various parts of the globe. (b) A consultant was engaged to collect and analyse views from a wide range of stakeholders both in the public and private sectors. The consultant was also required to engage with employers and undertake a job analysis to identify any gaps between the syllabuses and the market demands. (c) A syllabuses review technical task force comprising subject experts and practitioners from various fields in both public and private sectors was constituted to develop the draft syllabuses. (d) Two major stakeholders workshops were held where comments were received on the draft syllabuses and considered as appropriate. (e) A forum was held with relevant professional institutes for the validation of the syllabuses. (f) The syllabuses were approved by the Board of KASNEB. The revised syllabuses will take effect from 1 July 2015 and be examined for the first time from the November/December 2015 sitting. 1. Examinations under the revised syllabuses The following examinations will be administered under the revised syllabuses: 1.1 Professional Examinations (i) Certified Public Accountants (CPA) (ii) Certified Secretaries (CS) 2. Examinations to be phased out The following technician examinations will be phased out after the November/December 2015 examination sitting: (a) Accounting Technicians Certificate (ATC) (b) Information Communication Technology Technicians (ICTT) (c) Credit Management Technicians (CMT) (d) Investment and Securities Technicians (IST) 3. Review of policies, rules and regulations The major review of the syllabuses also involved a review of the policies, rules and regulations in order to ensure effective implementation of the revised syllabuses and enhance customer satisfaction. The changes in policies, rules and regulations can be accessed on the KASNEB website www.kasneb.or.ke. 4. Structure of examinations under the revised syllabuses The revised structure of the examinations and transition arrangements are presented below. Advance copies of the syllabuses featuring the learning outcomes and detailed content are in the process of being dispatched to the training institutions, both accredited and those in the process of accreditation. The syllabuses booklets will also be available to all registered students as at 30 June 2015 free of charge. I. REVISED STRUCTURES OF PROFESSIONAL AND DIPLOMA EXAMINATION SYLLABUSES (a) Professional Examinations CPA CS CICT CIFA CCP Section 1 Section 1 Section 1 Section 1 Section 1 Paper No: CA11 Financial Accounting Paper No: CS11 Organisational Behaviour CS12 Commercial Law Paper No: CT11 Introduction to Computing Paper No: CI11 Financial Accounting Paper No: CP11 Credit Management CT12 Computer Applications Practical CT13 Entrepreneurship and Communication CI12 Financial Mathematics CP12 Commercial Law CI13 Entrepreneurship and Communication CP13 Entrepreneurship and Communication CA12 Commercial Law CA13 Entrepreneurship and Communication CS13 Business Communication CPA CS CICT CIFA CCP Paper No: CA21 Economics CA22 Management Accounting Paper No: CS21 Economics CS22 Principles of Accounting Paper No: CT21 Operating Systems - Practical CT22 Principles of Accounting Paper No: CI21 Economics CI22 Financial Institutions and Markets CI23 Public Finance and Taxation Paper No: CP21 Economics CP22 Principles of Accounting Section 2 Section 2 Section 2 CA23 CS23 CT23 Public Finance and Taxation Public Finance and Taxation Computer Support and Maintenance Section 2 Section 2 CP23 Public Finance and Taxation Section 3 Section 3 Section 3 Section 3 Section 3 Paper No: CA31 Company Law Paper No: CS31 Company Law Paper No: CT31 Database Systems Paper No: CP31 Company Law CA32 Financial Management CS32 Financial Management CT32 Systems Analysis and Design Paper No: CI31 Regulation of Financial Markets CI32 Corporate Finance CP32 Financial Management CA33 Financial Reporting CS33 Principles and Practice of Management CT33 Structured Programming CI33 Financial Statements Analysis CP33 Marketing and Public Relations Section 4 Section 4 Section 4 Section 4 Section 4 Paper No: CA41 Auditing and Assurance Paper No: Paper No: Paper No: CS41 CT41 CI41 Corporate Secretarial Practice Object Oriented Programming Equity Investments Analysis Paper No: CP41 Law Governing Credit Practice CA42 Management Information Systems CA43 Quantitative Analysis CS42 Management Information Systems CT42 CI42 Web design and e-Commerce Portfolio Management CP42 Management Information Systems CS43 Law and Procedure of Meetings CT43 Data Communication and Computer Networks (Practical) CI43 Quantitative Analysis CP43 Quantitative Analysis Section 5 Section 5 Section 5 Section 5 Section 5 Paper No: CA51 Strategy, Governance and Ethics CA52 Advanced Management Accounting CA53 Advanced Financial Management Paper No: CS51 Human Resource Management CS52 Financial Markets Law Paper No: CT51 Strategy, Governance and Ethics CT52 Software Engineering Paper No: CP51 Strategy, Governance and Ethics CP52 Banking Law and Practice CS53 Governance and Ethics CT53 Mobile Application Development Paper No: CI51 Strategy, Governance and Ethics CI52 Fixed Income Investments Analysis CI53 Alternative Investments Analysis Section 6 Section 6 Section 6 Section 6 Section 6 Paper No: CA61 Advanced Public Finance and Taxation CA62 Advanced Auditing and Assurance CA63 Advanced Financial Reporting Paper No: CS61 Strategic Management Paper No: CT61 Systems Security Paper No: CP61 Debt Recovery CS62 Public Policy and Administration CS63 Governance and Secretarial Audit Paper No: CI61 Advanced Portfolio Management CI62 International Finance CT62 Information Systems Project Management CT63 CI63 Research Methods Derivatives Analysis ICT Project CICT candidates are required to undertake an ICT project after completing the above 18 papers. The project must commence within 12 months after completing the papers. CP53 Credit Management in the Financial Sector CP62 Corporate Lending CP63 Credit Practice (b) Diploma Examinations Accounting Technicians Diploma (ATD) LEVEL I Diploma in Information Communication Technology (DICT) LEVEL I Diploma in Credit Management (DCM) LEVEL I Paper No. AD11 Introduction to Financial Accounting AD12 Introduction to Commercial Law AD13 Entrepreneurship and Communication AD14 Information Communication Technology Paper No. TD11 Introduction to Computing TD12 Computer Mathematics TD13 Entrepreneurship and Communication TD14 Computer Applications Practical I Paper No. CD11 Fundamentals of Credit Management LEVEL II LEVEL II LEVEL II AD21 Financial Accounting AD22 Principles of Management AD23 Business Mathematics and Statistics AD24 Fundamentals of Finance LEVEL III TD21 Computer Networking TD22 Internet Skills TD23 Computer Support and Maintenance TD24 Programming Concepts LEVEL III CD21 Credit Management CD22 Principles of Management CD23 Business Mathematics and Statistics CD24 Law Governing Credit Practice LEVEL III AD31 Principles of Economics AD32 Fundamentals of Management Accounting AD33 Principles of Public Finance and Taxation AD34 Auditing TD31 Principles of Web Development TD32 Foundations of Accounting TD33 Information Systems Project Skills TD34 Computer Applications Practical II CD31 Marketing and Customer Relations CD32 Foundations of Accounting CD33 Principles of Public Finance and Taxation CD34 Practice of Credit Management CD12 Introduction to Commercial Law CD13 Entrepreneurship and Communication CD14 Information Communication Technology NB: Common papers in bold II. TRANSITION ARRANGEMENTS FOR THE REVISED EXAMINATION SYLLABUSES Transition arrangements are usually made to ensure a smooth roll over from the old syllabuses to the new syllabuses. The current transition arrangements address the change over to the revised syllabuses with effect from 1 July 2015. These arrangements have addressed the following factors, among others: • Unexpired credit retentions as at 30 June 2015. • Exemptions granted for papers in sections not sat as at 30 June 2015. • Progression for candidates of examinations which are due to be phased out. • Progression for candidates where levels, parts and sections have changed in terms of composition of papers. •Progression for registered candidates who have not sat any examination as at 30 June 2015. • Registration of candidates for examinations after 30 June 2015. Specific transition provisions The transition provisions from the current syllabuses to the revised syllabuses are as follows. 1. CPA, CPS, CICT, CSIA and CCP students (a) All students for the above listed examinations will convert to the revised examination syllabuses commencing 1 July 2015 in the various parts and sections that they will have progressed to in the current syllabuses. (b) Exemptions: (i) Where a student had been granted an exemption in a particular paper, the exemption will be retained. This will include papers where the titles may have changed but the substantive content has remained the same, such as Management Accounting (previously Cost Accounting) in CPA Section 2. (ii) However, where a student had been granted exemption in a paper which, under the revised syllabuses, has been moved to a section which the student will have already completed as at the May 2015 sitting, the exemption fee paid for the paper concerned will be credited to the student’s account at KASNEB. (iii) Exemptions granted for whole sections or parts under the current syllabuses shall be retained under the revised syllabuses. (c)Credit retentions for students who will not have completed their respective sections after the May 2015 sitting will be retained provided that the paper(s) with credit retentions have remained in the same section(s) under the revised syllabuses. 2. ATC, ICTT, IST and CMT students The four technician examinations namely ATC, ICTT, IST and CMT will be phased out after the November/December 2015 sitting. A parallel examination administration system will be adopted for the technician examinations during the November/December 2015 sitting with a view to phasing out the examinations after the November/ December 2015 sitting. Under the parallel system, the technician examinations will be administered together with the diploma examinations namely ATD, DICT and DCM in the November/December 2015 sitting. The transition arrangements will work out as follows: 1. Students currently in ATC/ICTT/CMT Level I who sit and pass the May 2015 sitting (a) The students will be required to choose either ATC/ICTT/CMT Level II as applicable, or Level II of the respective Diploma in the November/ December 2015 sitting. (b) Students who choose the ATC/ICTT/CMT Level II and pass during the November/December 2015 sitting will graduate under the respective examination passed. Those who do not pass will be transferred to Level II of the respective Diploma with effect from 1 January 2016. (c) Students who choose the respective Diploma Level II and pass the November/December 2015 sitting will proceed to Diploma Level III from 1 January 2016. Those who fail will repeat the respective Diploma Level II from 1 January 2016. 2. Students currently in ATC/ICTT/CMT Level I who sit but do not pass the May 2015 sitting (a) The students will be required to resit the papers not passed in ATC/ ICTT/CMT Level I in the November/December 2015 sitting. (b) Students who pass the ATC/ICTT/CMT Level I in the November/ December 2015 sitting will proceed to the respective Diploma Level II from 1 January 2016. Those who do not pass will be transferred to Level I of the respective Diploma with effect from 1 January 2016. 3. Registered students in ATC/ICTT/CMT Level I who have not booked the May 2015 sitting (mostly new students) (a) The students will be allowed to book for either ATC/ICTT/CMT Level I as registered, or the respective Diploma Level I in the November/ December 2015 sitting. (b) Students who pass the ATC/ICTT/CMT Level I in the November/ December 2015 sitting will proceed to the respective Diploma Level II. The same will apply to those who sit and pass the Diploma Level I. (c) Students who fail the ATC/ICTT/CMT Level I or Diploma Level I in the November/December 2015 sitting will repeat the Diploma Level I with effect from 1 January 2016. 4. Students currently in ATC/ICTT/CMT Level II who sit and pass the May 2015 sitting The students will graduate. 5. Students currently in ATC/ICTT/CMT Level II who sit but do not pass the May 2015 sitting (a) The students will be required to resit the papers not passed in ATC/ ICTT/CMT Level II in the November/December 2015 sitting. (b) Students who pass the ATC/ICTT/CMT Level II in the November/ December 2015 sitting will graduate. Those who do not pass will be transferred to Level II of the respective Diploma with effect from 1 January 2016. 6. IST students (a) Students who pass Level I of the IST examination during the May 2015 sitting will proceed to Level II of the examination and be eligible to sit for that Level during the November/December 2015 sitting. (b) Students who do not pass Level I of the IST examination during the May 2015 sitting will be expected to resit the papers not passed in the same level during the November/December 2015 sitting. (c) Students who pass Level II of the examination either during the May 2015 sitting or the November/December 2015 sitting will be allowed to graduate in the respective sitting. (d) Students who do not pass either Level I or Level II of the IST examination in the November/December 2015 sitting will be required to transit to either the ATD or DCM in the respective levels. Both graduates of the Technician and Diploma examinations will be eligible to pursue the relevant professional programmes of KASNEB. 3. Other transition provisions (a) Students who are eligible to convert to the Diploma programmes (ATD/DICT and DCM) will be allowed to do so and book the November/December 2015 examinations up to 15 September 2015 by paying the normal examination entry fees. (b) All credit retentions for ATC, ICTT, IST and CMT will expire after the November/December 2015 sitting. III . CHANGES IN POLICIES, RULES AND REGULATIONS UNDER THE REVISED EXAMINATION SYLLABUSES The following changes in policies, rules and regulations have been introduced as part of the major review of examination syllabuses. The changes are aimed at, among other objectives, ensuring effective implementation of the revised examination syllabuses, enhancing customer service, enhancing the recognition of KASNEB qualifications regionally and globally and continuously realigning the qualifications with market trends and demands. One of the major changes introduced as part of the major review of the syllabuses is the introduction of diploma qualifications to replace the current technician qualifications. The changes in policies, rules and regulations are summarised in the table below. Unless otherwise specified, the changes take effect from 1 July 2015. Policy/rule/regulation Current provision New provision Minimum entry requirements for diploma programmes Not applicable The minimum entry requirement for the diploma programmes will be KCSE mean grade C- or equivalent. KASNEB will develop proficiency examinations for students wishing to pursue the diploma programmes but who may not meet the specified minimum entry requirement Deadlines for late registration and examination entry Late registration deadline: • 31 December for the May/June sitting. • 30 June for the November/December sitting. The deadline for late registration has been extended to: • 15 February for the May/June sitting. • 15 August for the November/December sitting. Late examination entry deadline: • 15 March for the May/June sitting. • 15 September for the November/December sitting. The deadline for late examination entry has been extended to: • 31 March for the May/June sitting. • 30 September for the November/December sitting. Effective date for payment of annual registration renewal fee This fee is payable on 1 July following the date of registration The annual registration renewal fee shall become due on 1 July following the first eligible examination sitting and annually thereafter. For instance, a student who registers by 31 May 2015 will be eligible to enter examinations from the November/December 2015 sitting. The first renewal will therefore be due on 1 July 2016 Exemptions for diploma holders wishing to pursue KASNEB professional programmes Exemptions are granted to diploma holders from various institutions of higher learning and national examination bodies on paper by paper basis Exemptions will be granted on paper by paper basis to holders of diplomas from KNEC and KIM. For other diploma programmes, exemptions will be considered subject to evaluation of content of the respective diploma programmes as submitted to KASNEB Law and taxation papers for foreign candidates based outside Kenya All foreign candidates based outside Kenya are required to sit for law and taxation papers broadly based on Kenyan law Localised papers in law and taxation will be set for students in Rwanda, Cameroon and other countries. The change in policy will take effect from 1 July 2016 Code of Conduct and Ethics for students There are various rules and regulations governing the conduct of students. There is no Code of Conduct and Ethics A Code of Conduct and Ethics will be introduced for new and continuing students. The Code will be distributed to all students. All students will be required to commit themselves and abide by the Code Policy/rule/regulation Current provision New provision Practical experience requirement There is no system in place to enable candidates log in their practical experience acquired in the course of their studies A practical experience log will be issued to students at the point of registration. The roll out of the log will start with the CPA students. It will thereafter be applicable to other students pursuing other KASNEB professional programmes. The effective date for implementing the practical experience log is 1 July 2016 Past papers Students are allowed to collect their past papers after 24 hours of sitting the paper. Online access is not available Past papers will be uploaded on the KASNEB website for controlled access by students whose annual registration renewal status is up to date and accredited training institutions Undertaking of the ICT Project The duration within which the project must be Students will be required to commence the project within in the CICT examination started after the student completes CICT Part III twelve (12) months of completing CICT Part III papers is not specified Students who commence the project after the one year period A student is required to restart a project afresh will be required to pay late project fee of 50% and pay the full fees if he/she does not pass during the final presentation Where a student presents a proposal which is accepted by KASNEB, but which is not successfully defended during the first examination sitting, the student may be allowed upon request to improve on the proposal and pay 50% of the applicable fee, provided the project is presented during the next immediate examination sitting. Otherwise the student will be required to pay the full project fee Students who register for The students’ registration numbers are retained examinations but do not book in the system and they continue accumulating for any examination within annual registration renewal arrears three years of registration Registration numbers for students who register for examinations but who do not book for any examination within three years from the date of registration will be automatically suspended. During the period of suspension, no annual registration renewal arrears will accrue. The suspended registration numbers will be reactivated upon payment of a reactivation fee of Sh. 6,000 only KASNEB graduates who wish to register for other KASNEB programmes Such graduates wishing to pursue other KASNEB programmes will only be required to complete the registration form, attach a copy of identity card/passport, two recent passport photos and pay the requisite registration fee The KASNEB graduates wishing to pursue other KASNEB programmes are required to resubmit academic certificates, passport photos and other documents prior to registration Security checks on candidates Security checks have not been fully effected entering the examinations room Security checks will be conducted as part of preventive and precautionary measures for candidates entering the examinations room Enquiries and clarifications Any enquiries or clarifications on the major syllabuses review may be forwarded to Isaac M. Njuguna (email: injuguna@kasneb.or.ke); Christabel L. Osango email: cosango@kasneb.or.ke) or Erasto M. Ng’ang’a (email: emukuria@kasneb.or.ke). Secretary and Chief Executive Thursday, 4 June 2015 KASNEB IS ISO 9001: 2008 CERTIFIED