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BAC101: FUNDAMENTALS OF ACCOUNTING
| Institution | KENYATTA UNIVERSITY |
| Course | BUSINESS ADMINISTRAT... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 74 Pages |
| File Size | 567.67 KB |
| Views | 2361 |
| Downloads | 0 |
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Description
A partnership may be defined as the relationship which subsists between persons carrying on a business in common with a view of profit. The maximum size of a partnership is normally 20 persons although for certain professional practices such as
solicitors and accountants the number can exceed 20 as long as such partnerships are
registered under the Companies Act. Under most circumstances each partner is an agent of the firm for the purpose of carrying on the normal business of the firm. This means that individual partners can bind the other partners to contracts they negotiate on behalf of the firm. They may also recover from the partnership any funds they spend for the benefit of the partnership.
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COST ACCOUNTING NOTES
Introduce students to aspects of cost and management accounting in the creation of
information for management decision making.
211 Pages
622 Views
0 Downloads
2.82 MB
HUMAN RESOURCE MANAGEMENT (HRM) NOTES
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This chapter introduces the students with the basic concepts of the human resource
management (HRM). HRM is the study of activities regarding people working in an organization.
115 Pages
3235 Views
0 Downloads
363.61 KB
INTERMEDIATE ACCOUNTING NOTES
The conceptual framework of accounting, also called the theoretical framework of
accounting is a coherent system of interrelated objectives and fundamentals that
can lead to consistent standards and that prescribes the nature, function and limits
of financial accounting and financial accounting statements.
97 Pages
577 Views
0 Downloads
1.13 MB
INTERMEDIATE MICROECONOMIC NOTES
Introduction: Meaning and purpose of microeconomic theory, Basic concepts and
mode of analysis, Traditional vs modern microeconomics, The Theory Of Consumer
Behaviour: Consumer Theory, The Budget Constraint, Consumer Preferences,
Utility: The Utility Function, Marginal Utility and Marginal Rate of Substitution,
Revealed Preference Theory, The Slutsky Equation, Production Theory,
Markets: Perfect Competition, Imperfect Competition, Game Theory: Elements of
Game theory, The Payoff matrix of a game, Nash Equilibrium, Secure Strategies,
General Equilibrium, Market Disequilibrium, Production, Distribution of Welfare
163 Pages
1484 Views
0 Downloads
1.03 MB
INTRODUCTION TO FINANCIAL MANAGEMENT NOTES
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Finance is the art and science of managing money. It is concerned with the processes,
institutions, markets and instruments involved in the generation and transfer
of money among individuals, businesses, and governments.
167 Pages
3323 Views
0 Downloads
624.76 KB
PRINCIPLES OF AUDITING NOTES
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The explanatory foreword to the ISA International Standards on Auditing describes
audit as the independent examination of an expression of an opinion on the financial
statements of an enterprise by an appointed auditor in pursuance of that appointment
and in compliance with any relevant statutory obligation.
242 Pages
2001 Views
0 Downloads
680.81 KB
PRINCIPLES OF RISK MANAGEMENT AND INSURANCE
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To introduce students to the concepts of risk management and insurance key elements in business
84 Pages
2825 Views
0 Downloads
1.11 MB
STRATEGIC MANAGEMENT NOTES
Introductory overview of strategic management , the hierachy of management, the
strategic management concepts, strategic managers and decisions.
155 Pages
370 Views
0 Downloads
1.32 MB
Pulmonary nursing notes y1s1
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Pneumonia is an inflammation of the lung
parenchyma caused by various micro-organism
including, Bacteria, Mycobacterium, Fungi and
viruses.
21 Pages
3259 Views
0 Downloads
197.84 KB
Management of malnutrition
The term malnutrition generally refers both to undernutrition and overnutrition, but in this guide we use the term to refer solely to a deficiency of nutrition
85 Pages
394 Views
0 Downloads
2.15 MB