CPA Foundation Level – Law and Governance (KASNEB)

Categories: Accountancy, CPA Section 1
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About Course

This unit is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to apply the principles of legal system and business law in various environments.

What Will You Learn?

  • A candidate who passes this paper should be able to:
  •  Demonstrate knowledge of essential elements of the legal system
  •  Demonstrate knowledge of legal personality
  •  Apply law of contract and tort in various scenarios
  •  Apply general principles of business law in practice.

Course Content

Nature, purpose and classification of law
Nature, purpose and classification of law

  • Meaning of law
  • Nature of law
  • Purpose of law
  • Classification of law
  • Law and morality

Sources of Law
Sources of law

Administrative Law
Administrative law

The Court System
The court system

Alternative dispute resolutions
Alternative dispute resolutions

Law of Persons
Law of persons

Law of Tort
Law of tort

Law of Contract
Law of contract

Sale of Goods
Sale of goods

Hire Purchase Contracts
Hire purchase contracts

Agency
Agency

Partnership
Partnership

Indemnity and Guarantees
Indemnity and guarantees

Insurance
Insurance

Negotiable instruments
Negotiable instruments

The Law of Property
The law of property

Emerging Issues and Trends
Emerging issues and trends

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KES Kenyan Shilling