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    Training Report F2.2 Econ Nov 2024 - Kennedy Otieno

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    Habumuremyi Jean Paul

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    © All Rights Reserved
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    Training Report F2.2 Econ Nov 2024 - Kennedy Otieno

    Uploaded by

    Habumuremyi Jean Paul
    5 views4 pages

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    Training Report F2.2 Econ Nov 2024- Kennedy Otieno

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    5 views4 pages

    Training Report F2.2 Econ Nov 2024 - Kennedy Otieno

    Uploaded by

    Habumuremyi Jean Paul

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    CPA-R Training Report

    From:

    Trainer Name: Kennedy Otieno

    To:

    The CPA Programme Coordinator, East Africa University Rwanda

    Training Period: 20th September 2024 - 16th November 2024

    1
    1. Introduction
    The course Economics and the Business Environment (F2.2) under Certified Public Account (CPA)
    Foundation two level was taught between 20th September and 16th November 2024. The training was
    done on Fridays 18:00-21:00 and Saturdays between 08:00 and 13:00hours. The site of training was
    EAUR Nyagatare campus.

    2. Brief Description of CPA-R (including the content of the paper covered)


    Certified Public Accountant (CPA) examination is intended for persons who wish to quality and work
    as professional accountants, auditors, finance managers, tax specialists and financial consultants.
    There are eighteen papers in total divided into those taken at Foundation, Intermediate, and Advanced
    Levels respectively. They together represent a challenging agenda for prospective accountants but
    one which will mean those who have successfully passed the papers will have a wide and deep
    knowledge of the range of topics that are relevant to professional accountants as well as giving
    employers, clients and other users of accounting services increased confidence in the work of
    qualified accountants in Rwanda.
    The aim of this subject is to ensure that students have a solid foundation in economics contributing to
    the development of a competent and Well-rounded member of the profession. This subject embrace
    knowledge of the sources, interpretations and limitations of economic/business statistics.
    Economics and the Business Environment as an Integral Part of the Syllabus Economics is an
    essential foundation subject for the professional accountant. This will equip students to develop their
    knowledge, understanding and analysis of the economic environment and application of economic
    concepts. Knowledge gained from this subject will be particularly relevant when studying
    Management Accounting, Managerial Finance, Strategic Performance Management, Strategic
    Corporate Finance, and Strategy & Leadership.

    3. Training Methodology
    Training of this course was 100% physical.

    4. Training Outcome
    On completion of the course, it was expected that students would be competent and able to:

    • Explain economic concepts and terms and their uses and applications.
    • Distinguish between Economics and other fields (Sociology, Ethics…)
    • Explain the market environment and income determination.

    2
    • Analyze and discuss the impact of government policy and international economic institutions
    on economic issues.
    • Apply micro economic techniques to interpret and explain business and consumer behavior.
    • Describe the modifying and opportunistic aspect of the particular market environment in
    which a firm operates.
    • Discuss and analyze the factors determining the contribution of various resources to the firm’s
    revenue.
    • Explain the upper and lower limits to income determination and the distribution of economic
    rents.
    • Explain the national economic parameters within which business is conducted.
    • Discuss the interrelationship of the various sectors within the economy.
    • Describe the factors governing the operation of financial institutions and the significance of
    these for economic activity.
    • Discuss the global forces that influence the open Rwandan economy.

    During, the training, the major challenge encountered was some students were leaving/entering the
    classroom half way through the lesson. This was mainly because they had academic courses going on
    at the same time.
    In order to overcome the challenges:

    • Students were notified of the topics to be covered in the next class and encouraged to read
    ahead.
    • Students were encouraged to ask questions both during class time and after class, should there
    arise any. The contact of the lecturer was shared with them in case there may be any
    questions.

    6. Recommendations
    I recommend that:

    • Classes be completed early enough so that students have time for their own revision

    3
    7. Conclusion
    Finally, the course was done to completion despite the challenges mentioned. I thank all the students
    who participated and the University for facilitating the whole activity of the training. Thank you.

    Prepared by:

    Kennedy Otieno
    CPA lecturer

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