Masomo Msingi kasneb study notes
KASNEB – CPA | CIFA | CS | CCP | CFFE | ATD Study Notes And Revision Kits
CENTRAL BANKING Introduction The Central Bank of Kenya (CBK), like most other central banks around the world, is entrusted with the responsibility of formulating and implementing monetary policy directed to achieving and maintaining low inflation as one of its two Read More …
A company can be defined as an association of people who contribute resources into a business and in return acquire shares or ownership of the business and they share out the profit that is generated by the business. MASOMO MSINGI Read More …
Capital market instruments These are debt and equity instruments which have maturities greater than one year. They have far wider price fluctuations than money market instruments and are considered to be fairly risky investments. The most common capital market instruments Read More …
Financial instruments The following are some of the most common instruments in use today Money market instruments They are short-term dated securities. Because of their short terms to maturity, they undergo the least price fluctuations and are therefore the least Read More …
FINANCIAL MARKETS, FINANCIAL INSTITUTIONS AND FINANCIAL INSTRUMENTS Financial markets Financial market are institutions or arrangements that facilitate the exchange of financial assets, including deposits and loans, corporate stocks and bonds, government bonds, and more exotic instruments such as options and Read More …
Physical properties of money The following are properties which make a commodity a good choice to serve as money: i. Money should be portable ii. Money should be divisible iii. Money should be durable iv. Money should be of recognizable Read More …