THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
FINANCIAL REPORTING & AUDITING WORKSHOP FOR SACCOS
DATE: 20th – 21st April, 2017
VENUE: Best Western Creekside Hotel, Mombasa
As SACCO business grows in the country, its landscape continues to evolve. SACCOs are continuously expanding with many taking up the operation of Front Office Service Operations (FOSA), which has necessitated more stringent regulation. In addition to compliance with International Financial Reporting Standards (IFRS), today SACCOs are also governed by the Sacco Societies Regulations gazetted in 2010 that mandates SASRA to license and regulate them. Further, SASRA has taken oversight of auditing of SACCOs to ensure compliance.
This dynamic nature of the cooperative societies industry coupled with the country’s shaken financial institutions sector has resulted in numerous developments intended to stabilize the market. These conditions have informed ICPAK’s initiative to organize this year’s edition of the Financial Reporting and Auditing Workshop for SACCOs.
Through structured discussion and presentations, delegates attending this workshop will be educated on:
- Reforms and Developments in Financial Reporting for SACCOs
- Understanding IFRS and IAS used for reporting for SACCOs
- SASRA Requirements on Financial Reporting
- Assimilation of Audit Reports
- Key Disclosure Requirements for SACCOs
- Emerging Issues among SACCO Societies
Accountants and Auditors in SACCOs, Representatives from regulatory bodies (SASRA, CBK), Practitioners in SACCOs and those consulting for SACCOs
Kindly note that booking 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. Delegates are advised that bookings close on 18thApril 2017 at 1700 hrs.
Charges for this workshop are as provided below:
Continuous Professional Development (CPD) Units
Members of ICPAK will earn 14 CPD points upon successful attendance.