SCHEMES OF WORK

NAME: Dennis Korir LEVEL: CPA NUM BER OF STUDENTS

INSTITUTION: DATE OF PREPARATION
NYS(IBS)
SUBJECT: CLASS: ADVANCED FINANCIAL
RESEARCH PROJECT MANAGEMENT
TERM
SYLLABUS TOPIC: ADVANCED CAPITAL BUDGETING
DECISION

We Peri Lesson Objectives Application / activities Ref. & Rema

ek od title Aids rk
No Date
Taug
ht
2 1&2 ADVANC By the end of the lesson Learners to: Advance
ED learners should be able d
CAPITAL to:  Incorporate Financial
BUDGETI risks in Manage
NG  Understand capital ment
DECISIO Advanced budgeting (AFM)
N Methods of appraisal Essential
analysis; using the s Pack.
sensitivity following By
analysis, tools: Kaplan
scenario sensitivity
Publishin
analysis, g.
analysis,
decision scenario
trees, analysis,
simulation decision
analysis, trees,
utility simulation
analysis, risk analysis,
adjusted utility
discounting analysis, risk
rate (RADR) adjusted
and certainty discounting
equivalent rate (RADR)
method. and certainty
 Highlight the equivalent
impact of method
financing on through class
investment discussions.
decisions -  Highlight the
the concept impact of
of adjusted financing on
present value investment
(APV) decisions -
 Incorporate the concept
capital of adjusted
rationing in present value
capital (APV)
investment through buzz
appraisal; groups.
Single period  Incorporate
capital capital
rationing with rationing in
divisible capital
projects; investment
Multi-period appraisal;
capital Single period
rationing with capital
divisible rationing with
capital divisible
investments. projects;
Multi-period
capital
rationing with
divisible
capital
investments
through class
discussion.