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)
Financial Reporting Seminar – Western Branch
Theme:
Date: 16th – 17th July 2026
Time: 9.00 AM-15.30PM
Venue: Amanda Hotel- Kakamega
Overview
The global financial reporting environment continues to evolve rapidly, driven by increased regulatory scrutiny, technological transformation, sustainability imperatives, and growing stakeholder demand for transparent, comparable, and decision-useful financial information. In this environment, the International Financial Reporting Standards (IFRS) remain central to promoting high-quality financial reporting, enhancing consistency across jurisdictions, and maintaining public confidence in the accounting and finance profession. Organizations are increasingly expected to provide financial reports that accurately reflect business performance while addressing broader risks and opportunities that influence long-term value creation.
Accounting and finance professionals are therefore required to stay informed about new standards, amendments, interpretations, and emerging implementation challenges. As transactions and reporting expectations become more complex, professionals must apply sound technical expertise and professional judgment to ensure compliance, accuracy, and consistency in financial reporting. This Financial Reporting Seminar has been designed to strengthen participants’ understanding of current IFRS requirements and enhance their ability to apply the standards effectively in practical and increasingly complex reporting environments.
Recent IFRS developments relating to financial instruments, revenue recognition, leases, sustainability-related disclosures, and the presentation of financial statements continue to have significant implications for recognition, measurement, presentation, and disclosure. In particular, the introduction of IFRS S1 and IFRS S2 represents a major shift toward integrating sustainability and climate-related information with traditional financial reporting. These standards require organizations to strengthen governance, reporting processes, and internal controls in order to meet evolving stakeholders and regulatory expectations.
The seminar will provide practical insights into navigating these developments and addressing common challenges in areas such as fair value measurement, impairment assessments, financial risk disclosures, and sustainability reporting. Through practical illustrations, case studies, and interactive discussions, participants will gain a deeper understanding of real-world application issues, common reporting pitfalls, and areas requiring significant professional judgment across different industries.
By bringing together technical experts, practitioners, preparers, auditors, and finance professionals in an interactive physical setting, the seminar offers a valuable platform for strengthening technical competence, sharing implementation experiences, and discussing emerging trends in financial reporting. Ultimately, the seminar reinforces the profession’s commitment to high-quality financial reporting, transparency, accountability, and compliance with global best practices.
Key Areas to be Covered
IFRS 9 – Financial Instruments
IFRS 7 – Financial Instruments Disclosures
IFRS 16 – Leases
IFRS 15 – Revenue from Contracts with Customers
IFRS 18 – Presentation and Disclosure of Financial Statements
Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
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 0729170478, or via email to Linet Andeyo at linet.andeyo@icpak.com with a copy 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.
