To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Annual Practical Ethics Forum (Mandatory Training) – Recording
Date: 5th -6th March 2025
Venue: Virtual
Time: 09.00am-03.30pm
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
The role of accountants extends beyond financial leadership to incorporate broader responsibilities both in governance and ethics. The swiftly evolving global landscape, characterized by technological advancements, interconnected economies, and diverse societal challenges, makes the principles of integrity and accountability to be more crucial than ever. Corporate success or failure is reliant on strong ethics and governance practices which ensure that financial reporting and practices are conducted with integrity, transparency and accountability.
Corporate ethics is the moral behavior of a company and its employees while conducting business. It examines ethical principles and dilemmas in business conduct, affecting individuals and organizations. These ethics stem from personal values, policies, or legal frameworks, and guide businesses in interactions with stakeholders. Business ethics encompass contemporary standards, principles, and norms. Governance and ethics are fundamental aspects of the accounting profession,
The Annual Practical Ethics Forum will enable accountants to deepen their knowledge on ethical matters while exploring emerging trends to upholding integrity and accountability in the accounting profession through training and sharing best practices.
The forum will focus on the following key topics:
1. International Code of Ethics for Professional Accountants (IESBA Code)
i. Complying with the Code, Fundamental Principles and Conceptual Framework
ii. Professional Accountants in Business
iii. Professional Accountants in Public Practice
iv. Independence for Audit and Review Engagements
2. Conflict of interest and threats to accountants: -practitioners, employed accountants in service, internal audit, assurance etc
3. Responsibilities of professional accountants in safeguarding ethical practices for organizations
4. Evaluating and resolving ethical problems
5. Intricacies of whistle blowing
6. Monitoring ethics and compliance
7. Professional misconduct, risk and the ethical link -Disciplinary Committee insights
8. Insights from the Ethics and Anti-Corruption Commission (EACC) on ethics for professionals and the fight against corruption
9. Ethical considerations in sustainability reporting
10. Overview of recent changes to the International Code of Ethics for Professional Accountants
Target Audience:
Members of Boards in public and private corporations, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
Cost:
Charges for the training will be Kes10,000/= which will cover Seminar fees, and an e-certificate of attendance.
Online Booking:
We call on Webinar participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY.  This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
