Author: Fredrick Otwori

National Treasury Cabinet secretary Henry Rotich has allayed fears over the growing public debt, saying the level is sustainable. While speaking at the23rd economic symposium of the Institute of Certified Accountants of Kenya (ICPAK),

National Treasury secretary Henry Rotich on Wednesday said the debt, which has hit 52 per cent of GDP is sustainable over the next 30 years. “We have done a debt sustainability analysis, looking at it (debt)

The accounting professionals body has backed Kenya Revenue Authority’s (KRA) stand that stockbrokers are obligated to collect capital gains tax (CGT) on sale and transfer of shares. Institute of

Institute of Certified Public Accountants of Kenya (ICPAK) yesterday weighed in on the row pitting the tax collector against stockbrokers regarding responsibility to collect the levy that became

The Institute of Certified Public Accountants of Kenya ( ICPAK) warns that auditors will be disciplined by an independent tribunal to be formed comprising of a high court judge and legal

An accountants’ professional body is proposing tough rules to tame rogue auditors and regulate bookkeepers. In a bid to weed out errant practitioners, the Institute of Certified Public Accountants

Accountants are calling on the government to develop a good implementation strategy of the capital Gains Tax to prevent a slump in the property market, money market and other

The accountants’ lobby is also pushing for stiffer penalties for offences in the book-keeping and audit professions. These include minimum fines of Sh5 million for individuals and five per cent of