THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
2ND CHAPTER SEMINAR – AUSTRALIA
Theme: Rethinking the Accountancy Profession; Celebrating the Milestones
Date: 4th – 8th September 2018
Venue: Perth City, Australia
Time: 9:00am – 16:00pm daily
Change makers and early adopters will shape everyone’s view on the future of the accountancy profession. Gigantic technological, political and socio-economic changes are sweeping the globe. The question however; in the wake of all these happenings, is the accountancy profession adequately positioned to lead and make an impactful difference? The Institute is thus committed to supporting the profession in accessing business and professional growth opportunities to realize some milestones. There is general consensus in creating collaborations as a way to improve the accountancy value chain and to that effect, ICPAK has organized yet again the 2nd Chapter Seminar – Australia to dialogue with experts on the future of the profession.
2.0 Thematic Areas of Discussion.
- The Global Professional Accountant: Addressing the Brain Drain.
With globalization, professionals are at a risk of brain drain as most institutions work closely with affiliates around the globe. This session will discuss the element of skills transfer – process, experience and opportunities.
- Big Data, Analytics, Business Intelligence (BI) and Innovation.
In the information era, enormous amounts of data have become available to decision makers. As such, big data analytics and BI are breakthrough technological developments not very conversant with many. How do institutions then translate this potential into actual social and economic value. This session will delve into understanding these concepts.
- The Future of Corporate Management – Managing the Transition.
The corporate landscape is complex with politics playing a key role in the transition journey. This is a journey that takes a great deal of thought and action in corporate boardrooms whose traditional business models are under threat. How do we navigate the journey from CFO to CEO?
- Convergence to IFRS and Global Consistency.
Convergence to a single set international accounting standard contributes to comparability and consistency, supports global financial stability and is a matter of public interest. This session will give an update on the latest standards by the International Accounting Standards Board (IASB).
- Building Secure Environments for Skilled Human Capacity in both the Public and Private Sectors.
For most countries, to achieve and maintain the trajectory, there is need to implement reforms that would strengthen institutions and develop human capacity. This is an effort to encourage transparency and accountability in the use of public resources. Such reforms would address the limited capacity that hinders implementation of projects and contribute to reduction in the reported level of leakage of public resources. We shall assess the contribution of development partners in strengthening institutions.
- Public Sector Governance and Reporting – Lessons from Australia.
- Creating a culture for good governance.
- Effective governance of data and technology.
- Applying and reformulating governance framework guidelines.
This session will focus on effective public-sector governance and how this contributes to improved decision making and efficient use of resources. It will explore various options on how professionals can leverage on the framework to inspire, implement and assure good governance; including risk management and internal control.
- Dealing with Financial Crime and Money Laundering: Lessons from Australia
Recently, we’ve seen a growing number of highly publicized money laundering scandals. Issues of illicit financial flows, off-shore accounts for stashing stolen cash and terrorist financing have become serious problems in many emerging financial services sectors. In 2009, Kenya enacted the Proceeds of Crime and Anti-Money Laundering legislation that apart from providing an anti-money laundering framework also established the Financial Reporting Centre (FRC). Participants will be exposed to a comparative analysis of mechanisms, programs and cooperative pronouncements and enforcement steps focused on combating money laundering, terrorist financing and related financial crime.
- Accountancy and whistle blowing
Whistle-blowing is making a disclosure of a malpractice in the public interest. This phenomenon has been widely embraced as mechanism of combating maladministration, corruption and inefficiencies in the public and private sectors. Given their nature of work, accountants face ethical dilemma of confidentiality in their consideration to whistle blow. These requirements raise the questions as to whether an audit firm or an individual staff of the audit firm can blow the whistle on his/her client (s) without breaching “confidentiality undertakings and; whether he or she can avoid the temptation of “self-interest” (to earn a bounty) in whistle blowing. The topic will focus on areas, strategies and protection of accountants who whistle blow.
3.0 Target Audience
Accounting professionals living and working in Australia and its neighbouring nations, professionals from Kenya, Chief Executive officers, Managing Directors, General Managers, HR directors/managers, Marketing directors, finance and non-finance directors/managers and other top management in both private and public sectors.
4.0 CPD Units
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions.
5.0 Your Financial Commitment
Seminar charges are as below:
|Category||Early Bird Registration||Normal Registration|
|Booking & Payment on or before 21st August 2018||Booking & Payment or LSO/LPO received after COB 21st August 2018|
|Non-Members & International Delegates||114950||119,950.00|
5.1 Installment Payments
Delegates may pay in consecutive monthly instalments using the early bird rate provided the final instalment is by end of the early booking period, in this case 21st August 2018.
5.2 Group Discount
Registering multiple participants? Group-rate discounts offer maximum savings for firms with multiple registrants. Contact us to book your group registration at Judith.firstname.lastname@example.org .
6.0 Travel Information
Delegates from other nationalities are requested to check with their Australian High Commission for their travel requirements. We shall however assist on letters of invitation or any other confirmations that may be needed to facilitate issuance of VISAs. For Kenyan delegates, please note that Visa processing takes about 14 to 20 working days.
7.0 Special Needs
If you have special dietary or religious requirements, or should you need any particular assistance, kindly refer to the event coordinator on email@example.com
8.0 Online Booking and more information
We call on seminar participants to note that booking for the 2nd Annual Chapter Seminar – Australia is available only online at www.icpak.com/events and will close on 2nd September 2018. Delegates are reminded to note that online booking for events is mandatory. For more information or enquiries please email firstname.lastname@example.org or visit www.icpak.com
9.0 Dress Code – Business Casual
10. National Industrial Training Authority (NITA) Reimbursement for Kenyan Delegates
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Kenyan 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).
11. About Perth City – Australia
Perth’s superb position on the banks of the Swan River and nearby hectares of natural bushland in Kings Park make for a city centred on the great outdoors. But there’s more to the west coast capital than great sunshine and a sparkling river. A new cosmopolitan perspective and economic growth has given Perth a cultural confidence which is making its mark on the city skyline and on other aspects of urban life.
12. Sponsorships, Partnership Opportunities & Additional Information
This seminar presents a unique opportunity for brand positioning and communication that will enjoy optimal visibility before potential targeted customers. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship opportunities range from item sponsorships, exhibitions, advertising and sub-event sponsorship within the major event. Those interested in partnership can reach us through email@example.com
We encourage members to regularly visit our website www.icpak.com for updates.