ICPAK IN PARTNERSHIP WITH UNCLAIMED FINANCIAL ASSETS AUTHORITY INVITES EXTERNAL AUDITORS FOR A TRAINING ON
UNCLAIMED FINANCIAL ASSETS
TO BE HELD ON 27TH -29TH NOVEMBER 2017,
Unclaimed Financial Assets Authority’s (UFAA) and the Institute of Certified Public Accountants of Kenya (ICPAK) recently signed a Memorandum of Understanding (MOU) designed to explore possible areas of collaboration between these two entities in deepening UFAA’s mandate.
ICPAK and UFAA are planning to hold an auditors workshop to sensitize practicing auditors on the Provisions of Unclaimed Financial Assets Act, 2011 and their role in ensuring the holders comply with Unclaimed Financial Assets Act, 2011 (The Act)
UFAA seeks to begin engaging the services of external auditors as agents to be used by UFAA to enhance compliance by holders, one of the requirements by external auditors shall be certification by UFAA as a trained ICPAK member through this training.
ICPAK and UFAA have organized a three days training that will focus on:
- The UFA Act, 2011
- The UFAA Regulations, 2016
- Categories of unclaimed financial assets.
- Role of auditors in ensuring holders comply with the UFA Act,2011
- Claims verification process
- Case study on financials of sampled holders
- How to file unclaimed financial assets’ returns including nil returns
- Benefits, consequences of non-compliance and computation of applicable penalties for non-compliance.
All practicing members of ICPAK on a first come first served basis.
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 play store.
The charges for this event which cover seminar materials, meals, and e-certificates of attendance are as below:
|Details||Normal Booking Rate|
Continuous Professional Development Units
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD Units upon successfully attending the event
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).
For more information or enquiries please call Tel: +254 (0) 20 2304226, 2304227 Mobile: +254 (0) 727 531006 / 733 856262 / 0721 469796/ 721469169, email to email@example.com / firstname.lastname@example.orgemail@example.com /firstname.lastname@example.org . For event Exhibition and Sponsorship, please get in touch with Raphael Nguli on the above lines or email.