Educational Resources for All
The National Treasury shall administer the Equalisation Fund in accordance with Article 204 of the Constitution. The National Treasury shall keep the Equalisation Fund in a separate account maintained at the Central Bank of Kenya and shall: Transfer into that Read more
Section 62 of the Public Finance Management Act establishes the Public Debt Management Office in Kenya. It is housed within the National Treasury. The Public Service Commission should recruit the Head of the Public Debt Management Office through a competitive Read more
INVENTORY CONTROL, ASSET AND STORES MANAGEMENT AND DISTRIBUTION Objectives of inventory control, asset and stores management and distribution. The accounting officer manages a procuring entity’s inventory, assets and stores for the purpose of preventing wastage and loss, and continuing utilization Read more
MANAGEMENT OF PROCUREMENT CONTRACTS Definition of terms in contracting. Contract – a contract is a legally binding agreement between two or more parties that is enforceable by the law in which a consideration is given after fulfilment of the promise Read more
PROCUREMENT OF CONSULTANCY SERVICES Terms of reference. This is a document that defines all aspects of how the consultant or a team will conduct an evaluation. It contains the background, objectives and purpose of the proposal. It is also referred Read more
PROCUREMENT METHODS AND PROCEDURES Classified procurements and disposals. All state organs including national security organs and other procuring entities that deal with procurements of classified nature, manage their procurements and disposals on the basis of a dual list maintained by Read more
GENERAL PROCUREMENT PRINCIPLES AND RULES. . i. Procurement and asset disposal planning. The accounting officer prepares an annual procurement plan which is realistic in a format set out in the Regulations within the approved budget prior to commencement of each Read more
LEGAL AND REGULATORY FRAMEWORKS Legal and regulatory frameworks. i. The Constitution of Kenya 2010. Article 227 of the Kenya Constitution requires public procurement systems to be fair, equitable, transparent, competitive and cost effective. It also requires Parliament to pass procurement Read more
The Historical Development of the Cooperative movement. Basically the cooperative movement was started in the 19th Century in Europe. The Countries that featured here were Germany, France and Britain. The initiative in these countries has been identified with 3 personalities. Read more
KASNEB CPA PART II INTRODUCTION TO LAW NOVEMBER 2009 Answer any FIVE questions. ALL questions carry equal marks. QUESTION ONE a) Distinguish between each of the following branches of law: i) Procedural and substantive law. (4 marks) ii) Public international Read more