Chapter 6 Section 6 2 Funds, the Exchequer and vote accounts PSAR 1

CPFM PSAR 1 (Public Sector Accounting and Reporting), Chapter 6, section 6.2: funds, the Exchequer and the vote accounts. Taught concept first, then worked through real KASNEB exam questions. A fund, a fiduciary fund and a revolving fund; the Exchequer and the Paymaster General (PMG) account The vote: approved and supplementary estimates, appropriations-in-aid and the net vote; the appropriation account, the general account of vote, the Exchequer and PMG accounts, the statement of assets and liabilities; the recipe and the usual mistakes August 2026 (controls over imprests, pending bills and special purpose accounts) and August 2025 (Kilimo Ministry, Vote E45: all five statements) Timestamps 0:00 Welcome 0:50 The big picture: allowed, spent, owed back 1:29 Funds: a fund, a fiduciary fund, a revolving fund 2:49 The Exchequer 3:34 The vote: estimates and appropriations-in-aid 4:45 The appropriation account 5:46 The general account of vote, the Exchequer and PMG accounts 6:30 The statement of assets and liabilities 6:58 The recipe: five steps 7:50 Watch out: the usual mistakes 8:26 Question 1: August 2026, Q5(a), 6 marks 9:04 The three controls 10:22 Question 2: August 2025, Q4, 20 marks 13:18 Kilimo Ministry: final estimates and net vote 14:12 Part a: the appropriation account 15:54 Part b: the general account of vote 16:16 Part c: the Exchequer account 16:44 Part d: the Paymaster General account 17:11 Part e: the statement of assets and liabilities 17:36 Three things to remember More at https://learnipsas.com If this helped you, please subscribe and share it with your colleagues and classmates. #IPSAS #PublicSectorAccounting #CPAYussuf