Role of statutory audit in financial statements
Business Daily- Thursday, November 22, 2018 20:08 In recent times the accountancy profession has come under public scrutiny with the media shinning a spotlight on auditors in particular, highlighting financial accountability challenges in both public and private organisations. Of particular interest has been the perception that auditors have a role to play in stopping the […]
ICPAK urge the National Government to increase its tax base to help it realize the big four agenda
ICPAK Raises alarm over county taxes
The Institute of Certified Public Accountants (ICPAK) has cast doubt on the success of the government’s Big Four agenda saying this may just be a “dream” if counties continue to depend on revenue allocations from the government. ICPAK deputy Chairman Denish Osodo, said most devolved units are still reliant on the allocations from the National […]
FiRe Awards aimed to strengthen financial markets and attract investors
AMENDMENTS TO THE ACCOUNTANTS ACT HERALDS A NEW DAWN FOR ACCOUNTANTS IN KENYA
The Finance Act 2018 introduced significant amendments to the Accountants Act No 15 of 2008. These amendments are aimed at strengthening the profession as well help the government in the fight against graft. The Act now clearly distinguishes who an Accountant is by classifying them into the following categories. Trainee Accountants, Associate Accountants and Certified […]
ICPAK warns of tough times ahead
Taxation measures contained in the Finance Act 2018 are set to increase the cost of doing business and living in the country. According to Institute of Certified Public Accountants of Kenya Chairman Julius Mwatu the government ought to renegotiate its loans to seek longer service periods to ease the burden of exerted on the Kenyan […]
ICPAK commends CS, Henry Rotich on presentation of the budget for Financial Year 2018:19
ICPAK backs Uhuru’s lifestyle audit order, calls for fair process
https://www.the-star.co.ke/news/2018/06/22/icpak-backs-uhurus-lifestyle-audit-order-calls-for-fair-process_c1776565