SCHEMES OF WORK

NAME: Dennis Korir LEVEL: CPA NUM BER OF STUDENTS

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

We Peri Lesson Objectives Application / activities Ref. & Rema

ek od title Aids rk
No Date
Taug
ht
1 1&2 ADVANC By the end of the lesson Learners to: Advance
ED learners should be able d
CAPITAL to: Financial
BUDGETI  Incorporate Manage
NG  Incorporate risk/uncertaint ment
DECISIO risk/uncertain y in capital (AFM)
N ty in capital investment Essential
investment decisions s Pack.
decisions. through class By
 Understand discussion. Kaplan
techniques of Publishin
handling risk:
g.
Basic  Analyze
Methods of different
analysis - techniques of
Expected handling risk:
Monetary Basic
Value (EMV), Methods of
The analysis -
Standard Expected
deviation and Monetary
Coefficient of Value (EMV),
Variation . The Standard
deviation and
Coefficient of
Variation
through class
discussion.

 Understand
Advanced
Methods of
analysis;
sensitivity
 analysis,
scenario
analysis,
decision
trees,
simulation
analysis,
utility
analysis, risk
adjusted
discounting
rate (RADR)
and certainty
equivalent
method
through class
discussion.

 Understand
impact of
financing on
investment
decisions -
the concept
of adjusted
present value
(APV)
through
question and
answer
method.