THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Enhancement of Compliance from Reviews (Mandatory Training)
Date: 17th November 2022
Time: 04.00pm-06.00pm
Venue: Online
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
In compliance with the International Federation of Accountants (IFAC) Statements of Membership Obligations (SMOs), the Institute undertakes its regulatory mandate and oversight of the audit firms in the Kenyan market to ensure adherence to audit quality requirements by the firms which it regulates. This gives the Users of audited financial statements a lot of reliance on the information contained in these reports for purposes of decision making among other applications.
The audit and assurance procedures which result into the audit report must therefore be reliable and compliant with the International Auditing and Assurance Standards.
In light of the above, the Institute has organized a two-hour free Webinar which will focus on enhancing of compliance from reviews.
The webinar will cover the following topical areas;
- Feedback from the regulator to enhance the compliance levels of the reviewed firms through consideration of the following approaches;
- Conformity with Quality Control Policies- ISQC 1, ISQM 1 & ISQM 2
- Individual Engagements by the firm to clients
- conform to policy guidelines set by the institute
- Automation and leveraging of technology to improve the audit quality and compliance by Firms
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be zero.
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)
