Mr. Godwin Sitati
Code of Ethics
Also known as a ticker symbol, it is a unique series of letters assigned to a security for trading purposes. Example; while ARM represents Athi River Mining, STC represents Sasini Tea and Coffee..
This is a set of quantifiable measures that a company uses to measure if it is attaining its performance and operational goals. The indicators vary from one company to another and can be financial and/or non-financial..
This is the period within which a buyer must pay for the purchase and a seller must deliver the shares sold. It is prescribed with reference to the date of trade i.e. T+4 means four days after the trade transaction the process must be completed..
A treasury bill is a short term debt obligation with a maturity of one year or less, issued and fully guaranteed by the Kenyan Government, payable to the bearer. Treasury bills are sold on a discount basis so that the yield is the difference between the purchase price and the face value. Example; you may buy a treasury bill with a face value of KES 100,000 at a discounted price of KES 95,000. The yield to you is the KES 5,000 difference. T-bills offer the government short term financing..
This is falsifying the financial accounts of a company to give the impression of high profits to attract investors and to keep the shareholders happy..