THE CO-OPERATIVE ACCOUNTING AND AUDIT POSTER

The Co-op Accounting and Audit method uses three categories for identifying and recording data: Strong Co-operatives; Strong People; and Strong Communities. These bring together the financial, social and environmental objectives to form a way of assessing the achievement of the Read More …

Share this:

MEANING OF CO-OPERATIVE ACCOUNTING AND AUDIT

Introduction This Co-op Accounting and Audit Toolkit provides a simple method for identifying, collecting, recording, analysing and reporting on performance for small scale co-operatives. Co-operatives are owned and controlled by their members and members are individuals, families and other co-operatives Read More …

Share this:

FORMATION OF FUTURE EXPECTATION

9.0 Introduction The expectation of consumers, banks and other businesses have pronounced effects on supply and demand in financial markets. If inflationary expectations increase, the supply of and demand for loanable funds shift, and higher interest rates result. Also bank’s Read More …

Share this:

THE IS-LM MODEL AND AGGREGATE DEMAND NOTES

8.0 Introduction The IS-LM model is an aggregate demand model which gives best interpretation of Keynesian short-run macroeconomic model. The model takes price level as exogenous variable and shows what determines national income. IS-curve defines equilibrium in the goods market. Read More …

Share this:

AGGREGATE DEMAND (AD) AND AGGREGATE SUPPLY (AD)

6.1 The model of aggregate supply and aggregate demand The amount of output depends on the economy’s ability to supply goods and services, which in turn depends on the supplies of capital and labour and on the available production technology. Read More …

Share this:

CENTRAL BANKING

5.0 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 principal Read More …

Share this:

MONEY DEMAND AND MONEY SUPPLY

3.1 Money demand The demand for money is the desired holding of financial assets in the form of money, that is, cash or bank deposit. It can refer to the demand for money narrowly defined as M1 (non-interest bearing holding) Read More …

Share this: