21 May, Tuesday
CPA Course Fees Structure in Kenya today

CPA Course Fees Structure in Kenya today

This article is about CPA Course Fees Structure in Kenya today. Are you interested in starting a CPA course and would like to know how much the course costs? Here are the CPA tuition fees in Kenya. KASNEB is a Kenyan professional body that regulates and sets standards for accountants and financial professionals. This organization was established in 1973 by an Act of Parliament.

CPA Course Fees Structure in Kenya today

Below is the CPA tuition fee structure:

First, note that the CPA course pricing structure applies to all other KASNEB professional courses. These include:

  • Certified Credit Professionals (CCP)
  • CS (Certified Clerks)
  • CIFA (Chartered Financial Analysts)
  • CICT (Certificate of Information Communication) – note that there are some fee differences in the exam. Registration fee
  • KASNEB charges different fees for professional certifications, certification exams, professional exams, professional accountants and accountants/secretaries and foreign auditors.

For example, a person who wants to register for a professional exam (CPA, CS, CIFA, CCP, CISSE) will pay a registration fee of Ksh 7,500 and renewal of Ksh 2,000 per year, and activation of registration Ksh 4,000. .

cpa Exam Registration Fee

As per the registration and renewal, KASNEB charges members the examination and reservation fee according to their procedure.

For example, students taking professional certification exams will pay the same amount for business and innovation exams. Each item will cost them Ksh700 or $12.

Especially for CPAs:

  • The basic exam per page costs 1,400 Kenyan shillings.
  • The intermediate exam costs 2,400 Kenyan shillings.
  • Advanced exams cost 3,600 Kenyan shillings.
  • Practical paper: Business and Data Analysis costs Ksh 7,500.

Professional Exam – CPA/CS/CIFA/CCP

  • 7,500,125 registration fee
  • 2,000 Annual Registration Renewal Fee 35
  • Registration Fee 4,000 65
  • Student Card Replacement Fee 500 10

Waiver fee

What is the exemption fee according to the KASNEB CPA?

You need to pay some fees if you are looking for exemption for diploma, professional and post-professional specialization exam.

The fee for the diploma exam is Ksh 1,500 ($25), while the institute charges different fees for books for professional and post-professional exams.

For the CPA process, a

  • The basic test costs 2,500 Kenyan shillings.
  • The intermediate exam costs 3,500 Kenyan shillings.
  • Advanced exams cost 4,500 Kenyan shillings.

How to pay cpa registration, test or exemption fees

Payments are made through various KASNEB collective banks with accounts.

These banks include

  1. National Bank of Kenya account number 01001031572601
  2. Equity Bank Ltd Account Number 0170299238025
  3. Kenya Post Savings Bank Account Number 0744130009246
  4. Bank of Kenya Ltd account number 01129128535900

Students in Kenya can also pay at KASNEB outlets in

Huduma: GPO offices in Nairobi, Mombasa, Eldoret, Kisumu, Nyeri, Kisii and Nakuru.

Foreign students can pay in US Dollars to KASNEB KCB General Account 1123096465, located at Capital Hill Branch, Nairobi.

After that, students must submit the application form to KASNEB along with the bank deposit slip or proof of electronic money transfer.

Annual registration/examination renewal forms and payment must be sent at least one week before the closing date to ensure proper receipt.

Frequently Asked Questions

What is CPA?

CPA stands for Certified Public Accountant. It is a professional accounting qualification that equips individuals with the skills and knowledge required to excel in the field of accounting and finance.

Which institutions offer CPA courses in Kenya?

There are several institutions in Kenya that offer CPA courses. Some notable ones include Strathmore University, Kenyatta University, and various colleges and training centers accredited by the Institute of Certified Public Accountants of Kenya (ICPAK).

How long is the CPA course?

About how long it will take to get your CPA. You can expect to spend about seven years to get your license.

Each state has different requirements, so you may find that where you live, there may be more or less requirements.

How many levels are there in CPA?

The CPA exam consists of four different tests (called sections), administered by the AICPA, with a total of 16 hours (4 hours per section).

The four sections of the exam are

  • Auditing and Attestation (AUD),
  • Financial Accounting and Reporting (FAR),
  • Regulatory (REG), and
  • Business Environment and Concepts (BEC).

Is CPA difficult to pass?

The CPA exam is tough. But that doesn’t mean you can’t do well! Understanding the difficulties allows you to plan strategies to overcome the obstacles and provides the ideas and skills that the AICPA considers the most useful in today’s CPA.

Who is eligible for CPA?

An applicant must have a bachelor’s degree or equivalent to enroll in the CPA certification program. The candidate must complete 150 semester hours of CPA coursework to obtain the CPA license.
Most states require applicants to have 1 to 2 years of experience working under the supervision of a CPA.

What are the entry requirements for CPA courses?

Entry requirements may vary between institutions, but generally, candidates need to have a minimum educational background, such as a KCSE (Kenya Certificate of Secondary Education) certificate or its equivalent. Specific subject requirements may also apply.

How long does it take to complete the CPA program?

The duration of the CPA program typically depends on the institution and the specific program structure. Generally, it takes a few years to complete all the required levels and exams.

What are the different levels of the CPA program?

The CPA program in Kenya usually consists of several levels or parts, with examinations conducted for each level. These levels often include Section 1, Section 2, Section 3, and the Final Level.

What subjects are covered in the CPA exams?

The CPA exams cover a wide range of subjects related to accounting, finance, and business. These may include Financial Accounting, Management Accounting, Taxation, Auditing, Business Law, and more.

How are CPA exams conducted?

Exams are typically conducted by the ICPAK. The format may include written exams, practical assignments, and sometimes oral assessments.

Is there a registration process for CPA exams?

Yes, candidates usually need to register with the ICPAK or the relevant examining body before they can sit for the CPA exams. This involves submitting the necessary documents and paying the required fees.

What career opportunities are available after completing CPA in Kenya?

A CPA qualification opens up various career opportunities in accounting, auditing, finance, taxation, and related fields. Graduates may find employment in both the public and private sectors.

How much does it cost to pursue CPA in Kenya?

The cost of pursuing CPA can vary depending on the institution, the level of the program, and other factors. Candidates should inquire about the fees and any additional costs associated with the program.

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