Source- People Daily – http://www.mediamaxnetwork.co.ke/506766/local-accountants-want-to-audit-auditor-general/ The Institute of Certified Public Accountants of Kenya (ICPAK) has rejected proposals by the National Assembly to source for an international firm to audit the Office of Auditor General (OAG).
Delay by the National Assembly in approving county government audited accounts as tabled by the Office of the Auditor General is undermining equitable division of revenue. According to the Institute of Certified Public Accountants of Kenya, ICPAK, the government is relying on outdated audited accounts as the basis for revenue sharing, something it says hampers […]
ICPAK REACHES OUT TO ODPP FOR COLLABORATION IN FIGHTING CORRUPTION The office of the Director of Public Prosecution has expressed its readiness to work closely with the Institute in enhancing accountability in Kenya through investigations and prosecution of economic crimes. Speaking during a courtesy call meeting with ICPAK at his office, Director of Public Prosecution […]
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 […]
Source: Business Daily Friday, October 12, 2018 8:47 Accountants are now protected by law from retaliation by employers and clients in case they expose graft-related cases. Amendment to the Accountants Act, through Finance Act 2018, now provides a new section that protects accountants from retaliation in case they detect and inform authorities on such malpractices. […]