What to Get for Someone Graduating as a Cpa

If you're contemplating taking a CPA certification in Kenya, you lot may end the form in a shorter fourth dimension if yous apply for (and become) some or all of the available CPA Republic of kenya exemptions.

Yous're evidently eligible for the CPA Kenya exemptions if you tackled and passed the diverse units while pursuing a degree or diploma at an institution recognized past KASNEB.

Exemptions are besides bachelor for holders of certain certifications including ACCA and a number of courses examined by KNEC and KIM (Kenya Constitute of Management).

The other groups to benefit from the exemptions are holders of KASNEB technician, diploma, and professional qualifications.

Having said that, no exemptions are given in units covered in the higher sections of the CPA class.

Also proceed in mind that exemptions are granted on a paper-by-paper basis.

Read on to sympathise where you stand and which units you should apply for exemptions in when registering with KASNEB.

CPA Kenya exemptions across all CPA sections

Hither are the units yous tin can be exempted from when taking the CPA course for every accustomed class.

a.      Holders of other KASNEB qualifications wishing to pursue the CPA class

Overall, holders of KASNEB diplomas get a maximum of 6 exemptions while those holding KASNEB technician qualifications are exempted from a maximum of iii units in the KASNEB CPA syllabus as you lot will encounter below.

 CPA exemptions for CS/CPS graduates

1. Financial Accounting
2. Commercial Law
3. Entrepreneurship and Communication
4. Economics
5. Public Finance & Taxation
6. Visitor Law
7. Financial Management
8. Management Information Systems(MIS)
9. Strategy, Governance & Ideals

CPA exemptions for CICT KASNEB graduates

• Financial Accounting
• Entrepreneurship and Communication
• Management Information Systems
• Strategy, Governance & Ideals

CPA exemptions for CIFA/CSIA graduates

• Financial Accounting
• Entrepreneurship and Communication
• Economic science
• Public Finance and Taxation
• Financial Management
• Management Information Systems
• Quantitative Analysis
• Strategy, Governance & Ethics
• Advanced Financial Management

CPA exemptions for CCP graduates

• Fiscal Accounting
• Commercial Law
• Entrepreneurship and Communication
• Economics
• Public Finance and Taxation
• Company Law
• Fiscal Management
• Management Information Systems
• Quantitative Analysis
• Strategy, Governance & Ideals

CPA exemptions for Accounting Technicians Diploma (ATD) graduates

• Financial Accounting
• Commercial Law
• Entrepreneurship and Communication
• Economics
• Management Bookkeeping
• Public Finance and Tax

CPA exemptions for Diploma in ICT holders (KASNEB)

• Entrepreneurship and Communication

CPA exemptions for Diploma in Credit Management holders (KASNEB)

• Commercial Law
• Entrepreneurship and Communication
• Public Finance and Tax

CPA exemptions for Accounting Technicians Document (ATC) holders

• Fiscal Accounting
• Commercial Law
• Entrepreneurship and Communication

CPA exemptions for Information Advice Engineering science Technicians (ICTT) holders

• Entrepreneurship and Advice

CPA exemptions for Credit Direction Technicians (CMT) holders

• Commercial Constabulary
• Entrepreneurship and Communication
• Economic science

CPA exemptions for Investment and Securities Technicians (IST) Holders

• Entrepreneurship and Advice
• Economics

b.       Exemptions for Holders of Various Academy Degrees

CPA Office I exemptions

University graduates are generally exempted from CPA Role I units based on equivalent course units undertaken at their undergraduate/postgraduate levels.

Only not all degrees qualify for the wholesale exemption and some conditions apply (read more below).

Notation: No exemptions are awarded for introductory papers such as Introduction to FA (Financial Accounting), Introduction to Economic science, etc. nether the CPA syllabus except where y'all have sufficiently covered the unit, more often than not every bit two distinct papers.

Applicable rules

Paper	Who tin can exist exempted
Management Accounting	Holders of any undergraduate business degree with a specialization in bookkeeping. However, holders of an undergraduate business caste with a specialization in either micro finance/finance must show that they passed an equivalent unit.
Public Finance & Tax	Holders of an undergraduate business organization degree specializing in either finance/ accounting/ micro finance. In that location will be no exemption for those who undertook the public finance component simply.

Role II exemptions

No exemptions will be awarded in CPA Part II except where the paper(s) yous wish to exist exempted from were tackled at the degree level as concentrations/ options/majors and non as mere units.

And so, even where given, Office Two exemptions are only express to the papers listed below and are again subject to the specified weather condition:

Applicable rules

Newspaper	Who can be exempted
Visitor Police	Holders of an LLB caste from East African region universities and holders of an LLB degree from outside the EA who have been already admitted as advocates of Kenya'southward High Courtroom.
Financial Management	Holders of an undergraduate business degree specializing in either finance/ bookkeeping/ financial engineering science/ economic science & finance (every bit i option).
Management Information Systems	Those having an undergraduate degree in it/informatics/business organisation information technology or whatsoever other degree with a minor in Information technology (Information Technology)- the pocket-size must announced on the transcripts as well as the degree document.
Quantitative Analysis	Holders of degrees with a specialization in: ·         Direction sciences or operations enquiry (excluding Strathmore University) ·         Financial economic science/economics and statistics (as one choice) ·         Mathematics ·         Actuarial science (JKUAT) ·         Financial engineering (JKUAT)

CPA Function III exemptions

In general, no exemptions are awarded here to degree holders.

CPA Republic of kenya exemptions – summary schedule for all degrees

Here is a summary of the KASNEB CPA units you lot may be exempted from based on your degree:

Available of Commerce/Business Management (Bookkeeping choice)

CPA Section 1:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Advice

CPA Section 2:

• Economic science
• Management Accounting

CPA Section iii:

• Financial Management

Notes:

• For Public Finance & Tax newspaper, you must have covered an equivalent unit or units with a strong bias towards taxation do.
• For MIS, you must have a small-scale in IT (information technology) to qualify.

CPA exemptions for BCOM finance choice and a Business Management degree (Finance or Micro-Finance Options)

CPA Section i:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Communication

CPA Section 2:

• Economics

CPA Department iii:

• Financial Management

Notes:

• For Public Finance & Taxation paper, yous must have covered an equivalent unit or units with a potent bias towards tax practice.
• For Management Accounting, you must have covered an equivalent unit of measurement.
• Lastly, those having a minor in IT (it) may be exempted from MIS.

CPA exemptions for actuarial science (JKuAT)

CPA Section ane:

• Fiscal Accounting
• Entrepreneurship and Advice

CPA Department two:

• Economics

CPA Section 4

• Quantitative Analysis

CPA Kenya exemptions for Bachelor of Economics & Finance

CPA Section 1:

• Fiscal Bookkeeping
• Commercial Law
• Entrepreneurship and Communication

CPA Department two:

• Economics

CPA Section 3:

• Financial Direction

CPA exemptions for Available of Financial Economics

CPA Section 1:

• Fiscal Accounting
• Commercial Law
• Entrepreneurship and Advice

CPA Department 2:

• Economics

CPA Section iv

• Quantitative Analysis

CPA exemptions for Available of Science (in International Business Administration) – Finance Concentration/Major

CPA Section 1:

• Fiscal Accounting
• Commercial Police
• Entrepreneurship and Communication

CPA Section 2:

• Economics

CPA Section iii:

• Financial Management

CPA exemptions for Available of Science in Economics & Statistics

CPA Section 1:

• Financial Accounting
• Entrepreneurship and Communication

CPA Department 2:

• Economics

CPA exemptions for Bachelor of Arts (Economics)

CPA Section 1:

• Financial Accounting
• Entrepreneurship and Communication

CPA Section 2:

• Economic science

CPA Section 4

• Quantitative Analysis

Bachelor of Arts (Full general)

CPA Section one:

• Commercial Police (selected cases)
• Entrepreneurship and Advice

Bachelor of Didactics (Arts)

CPA Section i:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Communication

CPA Section two:

• Economics

Available of Commerce (Actuarial Science)

CPA Section 1:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Advice

CPA Department 2:

• Economic science

Bachelor of Science (Direction Science Option)

CPA Section 1:

• Financial Accounting
• Commercial Police
• Entrepreneurship and Communication

CPA Department 2:

• Economics

CPA Department 4

• Quantitative Assay

Bachelor of Purchasing & Supply Chain Management

CPA Department 1:

• Commercial Police
• Entrepreneurship and Communication

CPA Section 2:

• Economics
• Financial accounting (selected cases)

Available of Business Administration (Management Option) / Bachelor of Concern Management (International Business concern Management – One thousand.K.U)

CPA Department 1:

• Fiscal Accounting
• Commercial Police
• Entrepreneurship and Advice

CPA Section ii:

• Economics

Bachelor of Commerce (Marketing Pick)

CPA Section 1:

• Financial Bookkeeping
• Commercial Law
• Entrepreneurship and Communication

CPA Section 2:

• Economics

CPA Kenya exemptions for Available of BIT (Business Information Engineering)

CPA Section 1:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Communication

CPA Section 2:

• Economic science

CPA Section 4:

• MIS

Bachelor of Science in Financial Engineering (JKUAT)

CPA Department 1:

• Fiscal Accounting
• Commercial Police
• Entrepreneurship and Communication

CPA Department 2:

• Economics

CPA Section three

• Financial management

CPA Section 4

• Quantitative Analysis

Bachelor of Scientific discipline in Mathematics and Computer Scientific discipline

CPA Department 1:

• Entrepreneurship and Communication

CPA Department 2:

• Economics

CPA Section 4

• Quantitative Analysis
• MIS

Bachelor of Scientific discipline in Mathematics

CPA Section one:

• Entrepreneurship and Communication

CPA Section 4

• Quantitative Analysis

CPA Kenya exemptions for Bachelor of Laws (LLB)

CPA Section 1:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Communication

CPA Department three

• Visitor law

Note: You might also be exempted from the Economic science paper if you have undertaken micro and macro economics at the degree level.

c.      CPA Kenya Exemptions for those holding KNEC, KIM, & KSL (Kenya school of law) diploma papers

Diploma in Accountancy & Diploma in Banking/Finance (KNEC)

CPA Department 1:

• Fiscal Bookkeeping
• Commercial Police force
• Entrepreneurship and Communication

Diploma in Business Assistants, Diploma in Management, Purchasing, and Supplies, & Diploma in HRM (Human being Resource Direction) past KIM

CPA Section 1:

• Commercial Law
• Entrepreneurship and Communication

Annotation: For Financial Accounting exemption, you must accept passed an introductory paper then subsequent papers in Accounting, similar Finance and Cost Accounting I & II.

Diploma in Police force (KSL)

CPA Section 1:

• Commercial Police

ACCA CPA exemptions

CPA Department 1:

• Financial Accounting
• Commercial Police
• Entrepreneurship and Communication

CPA Section 2:

• Management Accounting

CPA Department iii:

• Fiscal Management
• Fiscal Reporting

CPA Section four:

• Auditing and Assurance
• Quantitative Assay

CPA exemptions for holders of ICSA-UK (institute of company secretaries and administrators) qualifications.

CPA Department i:

• Financial Accounting
• Commercial Law
• Entrepreneurship and Communication

CPA Section two:

• Economics

CPA Section 3:

• Financial Direction

CPA Section four:

• MIS
• Quantitative Analysis

CPA Section five:

• Strategy, Governance & Ethics

That's all…

How to apply for exemptions

Applicants for exemptions must complete the designated KASNEB Exemptions Form (download it from KASNEB'south website: www.kasneb.or.ke ) and adhere all the required documents as indicated in the form.

These include certified copies of the relevant academic and professional transcripts and certificates.

Those awaiting graduation are brash to adhere the applicable certified copies of their transcripts together with a letter from their university confirming that they have completed their undergraduate studies and are just waiting for graduation.

Annotation: You cannot be exempted without having fully completed the course –including research projects/thesis-  you're basing your application on.

When to apply for exemptions

As mentioned earlier, you should submit your application for exemptions when registering with KASNEB or at least before paying for your first CPA examination.

You can as well employ for exemptions based on qualifications you obtain after registering with KASNEB as long as such an application relates to papers to be taken in subsequent department(s).

What else to know

You'll forfeit an awarded exemption in a given newspaper if you, for any reason, book to write the exam in such a paper.

Similarly, you cannot apply to be exempted in a paper you've already sat.

KASNEB Exemption fee (CPA)

• CPA Function I (per paper)- Kshs. 2500
• CPA Part II (per paper)- Kshs. 3500
• CPA Part III (per newspaper)- Kshs. 4500

KASNEB contacts

Apply the following details to aqueduct all enquiries near CPA exemptions and other KASNEB exams to the exam trunk.

Concrete location: KASNEB Towers, Upper Colina, Off Hospital Route (you can also visit the KASNEB desk at your nearest Huduma center).

Postal address: P.O. Box- 41362, 00100. Nairobi, Kenya.

Telephone call: 020 4923000 / 020 2712640

Website: www.kasneb.or.ke

Email: info@kasneb.or.ke

Wrapping it up

It'southward worth noting that the above exemptions are not automatic and there are situations nether which you may be denied despite seemingly beingness qualified.

For case, this can happen if KASNEB feels that there was insufficient coverage of the unit'due south content in your other qualification.

Students are also advised that KASNEB's exemption policy is updated afterward every few years and it's important to check with KASNEB to confirm if something has changed.

ALSO READ: Most marketable brusk courses in Kenya

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CPA John Gitahi is a former college lecturer and has been involved in educational activity all his life. He'south passionate most helping immature people make great career choices. He studied Commerce and ICT at the University and runs several successful online entreprises. He is as well an avid traveller.

mcclurecoursentand1937.blogspot.com

Source: https://kenyaeducationguide.com/cpa-kenya-exemptions/

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