To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Staff Training-A practical Approach (Mandatory Training)
Theme: Future-Ready Auditors: Enhancing Quality, Innovation and Trust.
Date: 30th September -1st October 2026
Time: 9.00-15.30
Venue: virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
The audit profession is undergoing unprecedented transformation driven by technological advancements, evolving stakeholder expectations, increasing regulatory scrutiny, and the growing complexity of business transactions. Auditors are expected not only to provide assurance on financial information but also to navigate emerging risks, leverage technology effectively and uphold the highest standards of professional judgment and ethical conduct.
Globally, audit regulators and standard setters continue to introduce reforms aimed at strengthening audit quality and restoring public confidence in the profession. Recent developments such as the International Standards on Quality Management (ISQM 1 and ISQM 2), revisions to risk assessment and auditing standards, increased focus on sustainability reporting and assurance, and the adoption of advanced data analytics tools are reshaping audit methodologies and engagement practices.
In Kenya, auditors operate within an increasingly complex environment characterized by heightened regulatory expectations, digital transformation, evolving reporting requirements, and growing concerns over fraud, cybersecurity threats, and financial reporting quality. Recent corporate failures and governance challenges have further reinforced the need for robust audit processes, enhanced professional skepticism, and continuous capacity building among audit professionals.
As organizations embrace digital technologies and face new business risks, audit staff must develop competencies that extend beyond traditional audit approaches. Skills in data analytics, risk assessment, fraud detection, audit quality management, and sustainability assurance are becoming essential for delivering high-quality audits that meet stakeholder expectations.
The Audit Staff Training Programme seeks to equip audit professionals with practical knowledge and emerging skills necessary to enhance audit quality, strengthen professional judgment, improve risk identification, and effectively respond to the evolving demands of the profession. The programme will provide participants with insights into current auditing standards, technological innovations, fraud risk management, and sustainability-related assurance considerations.
Key Topics
| DAY | MODULE | TOPICS |
| DAY 1 | A.  Risk-Based Auditing and Audit Planning | ·        Understanding the entity and its environment
·        Identifying and assessing risks of material misstatement (ISA 315 Revised) ·        Materiality considerations in audit planning ·        Risk assessment procedures and documentation requirements ·        Designing responses to identified risks (ISA 330) ·        Practical case studies on risk-based auditing
|
| B.  Audit Quality Management and Professional Skepticism | ·        Overview of ISQM 1 and ISQM 2 requirements
·        Establishing a culture of audit quality ·        Professional skepticism and professional judgment ·        Common audit deficiencies identified during inspections ·        Root cause analysis and remediation of quality issues ·        Enhancing audit engagement performance |
|
| C.  Fraud Risk Assessment and Forensic Audit Techniques | ·        Auditor responsibilities relating to fraud (ISA 240)
·        Fraud risk factors and red flags ·        Lessons from recent corporate fraud cases ·        Fraud detection techniques and investigative procedures ·        Use of data analytics in fraud identification ·        Documentation and reporting considerations. |
|
| DAY 2 | D.  Technology, Data Analytics and Artificial Intelligence in Audit | ·        Digital transformation of audit engagements
·        Introduction to audit data analytics ·        Computer-Assisted Audit Techniques (CAATs) ·        Artificial Intelligence applications in auditing ·        Cybersecurity risks and audit implications ·        Future-ready auditing practices |
| E.  Auditing Complex Areas of Financial Statements | ·        Auditing accounting estimates under ISA 540 (Revised)
·        Revenue recognition challenges (IFRS 15) ·        Auditing leases under IFRS 16 ·        Impairment assessments and going concern considerations ·        Related-party transactions and significant judgments ·        Practical examples and common audit pitfalls
|
|
| F.  Sustainability Assurance and Effective Audit Reporting | ·        Overview of sustainability and ESG reporting requirements
·        IFRS S1 and IFRS S2 implications for auditors ·        Introduction to sustainability assurance engagements – ISSA 5000 ·        Key Audit Matters (ISA 701) ·        Communicating with those charged with governance ·        Preparing clear, concise and impactful audit reports |
Target Audience:
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
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.
National Industrial Training Authority (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 marketing@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.
