CPA Prof.  Richard M. Kiai, PhD is an Associate Professor of Finance, at the School of Business at Karatina University specializing in finance and accounts. Prof.  Kiai is a holder of a Ph.D. in Finance from Karatina University. He also holds MBA-Finance from Jomo Kenyatta University of Agriculture and Technology.  His undergraduate study was at Egerton University where he pursued Bachelor’s in Agri-Business Management. Prof.  Kiai is also a Certified Public Accountant (K), Certified Investment and Financial Analyst, and Certified Information Systems Auditor, and a member of a member of ICPAK and ISACA. Prof.  Kiai has a wide wealth of experience in Financial Management, Accountancy, Organizational Planning, and Risk Management from both private and public entities. He has a wealth of experience as an auditor for a period spanning over 15 years in different organizations which include Karatina University, Dedan Kimathi University of Technology, Ministry of Co-operative, and Peterson and Associates (CPAK). Prof Kiai is also a consultant in finance and a business development coach. Prof. Kiai has carried done research work in areas of finance, poverty reduction, and corporate governance where he has published over 20 articles in peer reference reputable journals.  He is also an author of one published author of one (1) university-level scholarly book. Prof Kiai has also been instrumental in corporate governance and quality management systems. He is a board member of different entities including a board member of two (2) audit committees with the Government, a trustee of a pension scheme, a Sacco board member, and a member of BOM in various schools.

• Kinyua PK, Kiai R, Macharia S. (2022). Moderating Effect Of Bank Size On Nexus Between External Equity Capital And Financial Performance Of Lower-Tier Commercial Banks In Kenya. Management and Economics Research Journal, 8(3): MAERJ12. DOI: 10.18639/MERJ.2022.MAERJ12
• Kinyua PK, Kiai R, Macharia S. (2022). Moderating effect of bank size on nexus between internal equity capital and financial performance of lower tier commercial banks in Kenya. International Journal Of Research In Business And Social Science 11(6)(2022) 277-287
• Maina, J. N., Kiai, R.M., and Kyalo, T. N (2020). Financial Innovation Practice, Sacco Size and Financial Sustainability of Deposit Taking Saving and Credit Co-Operatives in Kenya.  Financial Studies Journal  3, 51-65   (2.67 points)
• Maina, J. N., Kiai, R.M., and Kyalo, T. N (2020). Cash Management Practice, Sacco Size and Kenya Deposit Taking Saving and Credit Co-Operatives Financial Sustainability. Journal of Perspectives on Financing and Regional Development. 8 (4), 319-330 (2.67 points)
• Maina, J. N., Kiai, R.M., and Kyalo, T. N (2020). Credit Management Practice, SACCO Size and Financial Sustainability of Deposit Taking Saving and Credit Co-Operatives in Kenya. Journal of Accounting, Finance and Auditing Studies, 6(3), 175-192 (2.67 points)
• Mutegi, E. K.,Kiai, M.R., Maina, E. W. (2020). Influence of Micro-economic Factors on Financial Sustainability of Informal Finance Groups in Kiharu Constituency- Kenya. Research in Business and Social Science Journal, 9(1), 88-93.  (2.67 points)
• Kiai, M.R., Kiambati, K. (2019). Examining the Contribution of Interest Rate Capping Conditions on Financial Performance of Women-Owned Agribusiness SMEs in Nyeri Central Sub-County, Kenya. Management and Economics Research Journal, 5, 1-7 (5.33 points)
• Oeta S. M, Kiai, M. R., Muchiri, J. M (2019). Capital Intensity on Financial Performance of Manufacturing Companies Listed at Nairobi Securities Exchange. International Journal of Scientific and Engineering Research, 10 (9), 18-31 (2.67 points)
• Oeta S. M, Kiai, M. R., Muchiri, J. M (2019). Influence of Tax Planning on Financial Performance of Manufacturing Companies Listed at Nairobi Securities Exchange. Research in Business and Social Science Journal, 3(1), 12-24. (2.67 points)
• Githinji, C. W., Kiragu, D. N., Kiai, R. M. (2019). Effects of Collateral Requirement on Financial Performance of Agribusiness Small and Micro Enterprises in Nyeri Central Sub County Kenya. International Journal of Economics, Business and Management Research, 3(1), 28-40 (1.33 points)
• Riri, J. M., Kiragu, D. N., Kiai, R. M. (2018). Effect of Cashflow Management Practices   on Financial Performance of Hotels in Nyeri County, Kenya. International Journal of    Business Management and Economic Review, 1(6), 142-154. (1.33 points)
• Gitau, P. M, Kiarie, D., and Kiai, R. M. (2018). Integrated Financial Management Systems, Procurement Performance and Customer Satisfaction in the County Government of Nyeri. International Journal of Supply Chain Management, 3(1), 27-45. (1.33 points)
• Kiai, R. M. (2017). Nexus between Information Communication Technology, financial intermediation and household investment: Review of Literature. Journal of Management and Economics Research, 3, 16–25.
• Kiai, R. M. (2017). The Nexus between Social Capital and Household Investment among Financially Included Youth in Kenya. Journal of Accounting, Finance and Auditing Studies 3(3), 74-92
• Nganga, S.I. & Kiai R.M (2016). Farm Size and Return to the Smallholder Tea Farmer in Kenya: The Moderating Role of Government.   The Moderating Role of Government. Tea Research Institute, 37 (1 & 2), 23-28
• Kiai, R. M., Ng’ang’a, S. I., Kinyanjui, J. K., & Kiragu, D. N. (2016). The influence of demographic characteristics on investment on financially included youth in Nyeri and Kirinyaga counties. International Journal of Academic Research in Accounting, Finance and Management Sciences, 6 (4), 196 -204
• Kiai, R. M., Ng’ang’a, S. I., Kiragu, D. N., & Kinyanjui, J. K. (2016). The effect of business environment on investment among financially included youth in Kenya. International Journal of Academic Research in Accounting, Finance and Management Sciences, 6 (4), 109-121.
• Kiai. M. R., Ng’ang’a, S. I., Kiragu, D. N. & Kinyanjui, J. K. (2016). Effect of financial capability on investment among financially included youth: Case of Nyeri and Kirinyaga counties, Kenya. International Journal of Advanced Research, 4(8), 446-454
• Kiai. M. R., Kiragu, D. N., Ng’ang’a, S. I. & Kinyanjui, J. K. (2016). Effect of information and communication technology capability on investment among financially included youths in Nyeri and Kirinyaga counties, Kenya. International Journal of Economics, Commerce and Management, 4 (9), 210-224
• Kiai. M. R. (2015).  Effects of digital financial inclusion on value at risk among business women in Kenya. African Journal of Co-operative Development and Technology 1(1), 94-101
• Kiai, M. R. &  Wambui, W. J (2015). Role of Game Theory in rational decision making: Case of KTDA managed factories. Proceedings of the First International Conference on Tea Science and Development, Karatina University, 3,191-199
• Kiai, M. R. &  Wambui, W. J (2015). Impact of innovation on the financial performance of KTDA managed tea factories: A case of Meru and Kirinyaga Counties. Proceedings of the First International Conference on Tea Science and Development, Karatina University, 3,210-219