BOARD AUDIT COMMITTEE TRAINING- Arusha, Tanzania

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA

(established under the Accountant Act, Laws of Kenya)

BOARD AUDIT COMMITTEE TRAINING

Theme: Building a Strong Controlled Environment within Organizations

Date: 18^th – 22^nd September 2018

Venue:  Four Points by Sheraton Hotel, Arusha – Tanzania

1.0  PREVIEW

The demand for accountability, transparency, effectiveness and efficiency in allocation and utilization of resources within organizations through good corporate governance is increasing now than ever before. Creation of Audit Committees in public, private, non-governmental entities across the globe is a basic corporate governance requirement and expectation. In some jurisdictions, it is anchored in corporate governance codes while in others it is provided for in law. In Kenya, the PFMA 2012 and Audit Committee Regulations 2015 thereof, provided guidelines for creation and operationalization of Audit Committee for all National Government Ministries, Departments and Agencies as well as County Governments Executive and Assemblies. Most entities have since complied with these provisions with entities outside government also benchmarking on this good practice.

However, key concerns have arisen;

1. How relevant, effective, efficient and viable are Audit Committees?
2. What is the relationship between the Committees, and key stakeholders?
3. Are the committees meeting the expectations of key stakeholders?
4. Is the operating environment too turbulent, dynamic and complex for the Audit Committees and the Audit Function as a whole?

To respond to these and many other concerns, ICPAK has organized this three-day training to dialogue on the following thematic areas:

• Rationale for Audit Committees from a legal and corporate governance perspective
• Duties, functions, responsibilities and roles of audit committees
• Institutionalizing and operationalizing the Audit Committee: Audit Committee Charter, The Committee Almanac, meetings and capacity building.
• Appreciating the Audit cycle.
• Dovetailing and augmenting enterprise risk management, compliance, controls environment and Audit.
• Stakeholder Approach to Audit: The Audit Committee, Internal Auditor, External Auditor and Auditee linkage and relationship management.
• Contemporary corporate governance issues from an audit perspective: Fraud, Corruption, Artificial Intelligence and Cyber Crime
• The Value system; Ethics and Integrity.
• Handling group dynamics and other soft issues: Emotional intelligence, Blue Sky sessions, and Conflict management.

2.0  TARGET AUDIENCE

Chairpersons and Members of Audit Committees in National Government Ministries, Departments and Agencies, Members of Audit Committees of County Governments (Executives and County Assemblies), Members of Committees of Boards and Commissions of Public, Private and Non- Governmental entities, Other members of Boards, Councils and Commissions other than Audit Committee members, Internal Auditors, All Auditees (Accounting officers, Heads of Departments/Units, Finance Officers, CEOs etc) and External Auditors.

3.0  ONLINE BOOKING

Kindly note that booking for The Board Audit Committee Training is available either online at www.icpak.com/events. Delegates are urged to note that the bookings close on 17^th September 2018 at 1700 hrs

4.0  SEMINAR CHARGES

5.0  CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS

Members of ICPAK and other reciprocating professional bodies will earn 20 CPD units upon successful attendance and participation.

6.0  TRAVEL INFORMATION – (VERY IMPORTANT)

Delegates are requested to check with their respective Embassies/High Commissions for their travel requirements.  Where applicable, we shall however assist on letters of invitation or any other confirmations that may be needed to facilitate issuance of VISAs and/or travel documents.

7.0  DRESS CODE

• Men – Business Casual
• Women – Please note you will not be allowed to wear any form of trousers and/or short fitting skirts while in Tanzania. You are advised to carry official dresses and skirts – knee length.

8.0  SPECIAL NEEDS

If you have special dietary or religious requirements, or should you need any assistance kindly refer to the event coordinator on email;  philemon.munabo@icpak.com

9.0  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).

10.0  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 events. Those interested in sponsoring the event can reach us through raphael.nguli@icpak.com

Further requests can be channeled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to memberservices@icpak.com or philemon.munabo@icpak.com. We encourage members to regularly visit our website www.icpak.com for updates.

WELCOME