THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Corporate Reporting Trends – Financial & Non Financial Disclosure Requirements
Theme: Enhancing stakeholder confidence through effective disclosures
Date: 1st April 2021
Corporate reporting is the link between a company and its investors and other stakeholders. Investors use this information to help them assess whether they trust an organization enough to put their capital at risk, by investing in it. Information contained in the corporate reports also gives the readers and stakeholders a chance to know and interrogate the overall performance of an entity for purposes of business decision making.
It is argued that a company can enhance or damage its reputation value through the way it behaves, but also by how it reports. How an entity reports to the outside world and its internal stakeholders is primarily done through the corporate report.
Corporate reporting is presently undergoing tremendous evolution; it is evolving from mere financial reporting to including both financial and non-financial information. The improvement in corporate reporting is of importance for all stakeholders since it enables a reporting entity to become more transparent and accountable. Particularly, in the last two decades, corporate reporting has been undergoing a transformation from several perspectives: contents, reporting tools, target audience, report types, design, among many other facets.
Evidently, corporate reporting is evolving from mere financial reporting to more inclusive financial and non-financial reporting. In this regard, non-financial reporting has also experienced a transformation since the 1990s with more transformative trends being experienced across the globe.
It is against this backdrop that the Institute has organized a Webinar to bring into perspective the current trends in corporate reporting, with a closer look at how this has impacted the disclosure requirements within the corporate scene.
The Webinar will focus on the following areas:
- Significance of corporate reporting
- Highlight of disclosure trends in corporate financial reporting.
- In-depth discussion on disclosure trends in non-financial reporting
- Preparedness for the future of corporate reporting
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the Webinar.
The Webinar charges are Kshs. 1,500. Charges will cater for online video access fees, learning materials, and e-certificates of attendance
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking
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)
We encourage members to regularly visit our website https://www.icpak.com for updates.