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)
International Non-Profit Accounting Standard (INPAS)
Theme: INPAS and the Future of Non-Profit Reporting: Enhancing Trust, Accountability & Impact Transparency
Date:2nd December 2025
Time: 8:00 am to 11:00 am
Delivery Mode: Virtual
Overview
The International Non-Profit Accounting Standard (INPAS) represents one of the most significant modern developments in global financial reporting for the not-for-profit sector. As NPOs continue to play critical roles in advancing social, economic and human-development agendas, the need for consistent, comparable, transparent and decision-useful reporting has become more urgent. INPAS is intended to provide a globally coherent framework that enables non-profits to communicate performance, stewardship, accountability and impact using standardized accounting and disclosure principles. Its introduction seeks to resolve long-standing inconsistencies, especially where NPOs rely on improvised internal policies or apply for-profit standards that do not appropriately reflect mission-centric activities, donor restrictions, program delivery dynamics and resource deployment structures.
INPAS is not only a harmonization exercise; it provides clarity in key reporting areas such as recognition of resource inflows, the accounting treatment of donor-imposed conditions, attribution of expenditure to program portfolios, measurement of performance, narrative reporting and fund accountability. Unlike general-purpose accounting standards that were not written for the non-profit domain, INPAS responds directly to unique sector characteristics such as restricted funding, grant commitments, volunteer contributions, social-value outcomes and multi-stakeholder assurance needs. Non-profit reporting is therefore expected to transition away from inconsistent classification practices, unverifiable impact statements and fragmented accounting treatments that currently limit comparability and weaken sector confidence.
Global conversations around impact measurement, trust restoration, funding transparency, donor confidence and public accountability continue to intensify. Development partners, auditors, regulators, philanthropies and funding institutions are increasingly demanding standard-consistent reporting that demonstrates responsible resource use, clear alignment between programs and expenditure, and enhanced traceability of outcomes. INPAS responds to this shift by aligning reporting with global accountability expectations, improving comparability, elevating the quality of disclosures and strengthening intelligence for resource allocation decisions.
With rising societal expectations, governance reforms, anti-corruption agendas and ESG-linked donor priorities, non-profit reporting can no longer be confined to traditional financial statements. The sector’s trust proposition depends on visibility into how funds translate into services and how actions generate real change. INPAS will therefore influence how NPOs record, classify, measure, present and narrate the way value is created and delivered. This transition, from narrow financial reporting to integrated program-performance reporting, is highly strategic: reporting becomes a driver of confidence, not merely a compliance exercise.
It is in response to this evolving context, and ahead of INPAS implementation, that the Institute of Certified Public Accountants of Kenya (ICPAK) is convening this training to equip preparers, reviewers and professionals with practical skills, contextual understanding and transition readiness, so that by the time formal adoption arrives, the sector will be informed, empowered and aligned for confident implementation.
Topics to be covered include:
 Your Financial Commitment
The training will be free .
CPD Units
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending all sessions.
Online Booking:
We call on Seminar participants to note that booking for 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.
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).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
