IFRS 13-Fair Value Measurement webinar

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

IFRS 13-Fair Value Measurement webinar
Date: 15th September 2026
Time: 04.00pm-06.00pm
Venue: Virtual Delivery

Overview

IFRS 13 Fair Value Measurement establishes a comprehensive framework for measuring fair value and enhances the consistency and comparability of fair value disclosures. Fair value estimates play a critical role in financial reporting, especially for entities dealing with financial instruments, investment properties, biological assets, business combinations, and impairment testing.
Despite being applicable for many years, preparers auditors, and regulators continue to face challenges such as:

• determining the appropriate valuation techniques,
• identifying observable and unobservable inputs,
• applying the fair value hierarchy (Level 1, 2, and 3),
• documenting assumptions, and
• meeting disclosure requirements.

To enhance practical understanding and improve the quality of financial reporting, this webinar will provide a structured and interactive learning platform on the key principles and applications of IFRS 13.

Key Topics to Be Covered

1. Introduction to IFRS 13

• Scope, definition, and key concepts
• Link with other IFRS standards

2. Fair Value Measurement Framework

• Market participant assumptions
• Highest and best use concept
• Principal vs. most advantageous market

3. Valuation Approaches and Techniques

• Market approach
• Income approach (DCF, capitalization)
• Cost approach

4. Fair Value Hierarchy

• Level 1, Level 2, and Level 3 inputs
• Classification challenges and examples

5. Application Examples Across Industries

• Financial instruments
• Investment property
• Biological assets
• Business combinations (IFRS 3)
• Impairment testing (IAS 36)

6. Disclosure Requirements and Best Practices

• Quantitative and qualitative disclosures
• Sensitivity analyses
• Illustrative disclosure notes

7. Common Pitfalls and Compliance Issues

• Documentation challenges
• Inadequate valuation evidence
• Auditor’s expectations

Target Audience

This webinar will be useful to all professional Accountants.

 Continuous Professional Development Units (CPD UNITS):

Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the webinar.

Financial Commitment

The webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.

Online Booking

Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking

We call on interested participants to note that booking for the event is available online at www.icpak.com  and will close two hours before the training session.

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 +254 719 074 000, or via email to marketing@icpak.com