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Available courses

COST ACCOUNTING

BBM 211: COST ACCOUNTING
BBM 115
Purpose: To provide the student with the knowledge of important concepts and techniques
needed by managers in planning, control, management and decision making in business
organization

PRACTICE OF ECONOMICS

Welcome to the class of Practice of economics ,My name is Nicholas kibet Langat and I will be your trainer for this course Course Description This course introduces learners to the basic concepts, principles, and applications of economics. It emphasizes both microeconomics and macroeconomics, and how economic theories are applied in real-world situations. Learners explore how individuals, businesses, and governments make choices about resource allocation, production, consumption, and policy-making. Course Objectives By the end of this course, learners should be able to: Understand key economic concepts and terminology. Distinguish between microeconomics and macroeconomics. Analyze basic economic problems and decision-making processes. Apply economic principles to personal, business, and national issues. Evaluate the impact of government policies on the economy. Course Content Outline Unit 1: Introduction to Economics Definition and scope of economics Basic economic problems (scarcity, choice, opportunity cost) Types of economic systems Factors of production Unit 2: Microeconomics Concepts Demand and supply analysis Price determination and elasticity Consumer behavior and utility Costs and production Market structures (perfect competition, monopoly, etc.) Unit 3: Macroeconomic Concepts National income and GDP Inflation, unemployment, and economic growth Fiscal and monetary policy Role of central banks and government in the economy Unit 4: Application of Economics in Real Life Business decision-making Household budgeting and consumer choices Public finance and taxation Economics of development and poverty Unit 5: Current Economic Issues Globalization and trade Environmental and resource economics Emerging trends in economics (digital economy, green economy) Teaching and Learning Methods Lectures and tutorials Group discussions and presentations Case studies and real-world examples Guest speakers from industry or government Assessment Methods Continuous Assessment Tests (CATs) Individual and group assignments End-of-course examination Class participation and presentations

PRINCIPLES OF MANAGEMENT

By the End of the Lesson: Principles of Management

You will be able to:

  1. Define management and explain its importance in organizations.

  2. Identify and describe the four main functions of management: planning, organizing, leading, and controlling.

  3. Explain key principles of management such as division of work, unity of command, and equity.

  4. Recognize different levels of management and the roles they play.

  5. Understand the essential management skills required at various levels.

  6. Describe the decision-making process used by managers to solve problems.

  7. Discuss basic motivation theories and their impact on employee performance.

  8. Identify different leadership styles and when they are appropriate.

  9. Explain the importance of effective communication in management.

  10. Understand the role of ethics and social responsibility in business management.

FUNDERMENTALS OF ACCOUNTING

By the End of the Lesson: Fundamentals of Accounting

You will be able to:

  1. Understand the purpose and importance of accounting in business and decision-making.

  2. Explain basic accounting concepts and principles like the accounting equation, matching principle, and going concern.

  3. Describe the double-entry system and how every transaction affects at least two accounts.

  4. Record business transactions accurately in journals and post them to ledgers.

  5. Prepare a trial balance to check the accuracy of recorded transactions.

  6. Identify and make adjusting entries for accruals, deferrals, and depreciation.

  7. Prepare basic financial statements such as the Income Statement, Balance Sheet, and Statement of Owner’s Equity.

  8. Understand the importance of internal controls and ethical practices in accounting.