To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS 16-Leases Webinar
Date: 8th September 2026
Time: 04.00pm-06.00pm
Venue: Virtual Delivery
Overview
The adoption of IFRS 16: Leases is one of the most significant changes in financial reporting in recent years. This has fundamentally transformed the accounting treatment of lease transactions. The standard adopted a unified lessee accounting model, requiring lessees to recognize leases in the statement of financial position by establishing a right-of-use asset and a corresponding lease liability.
Despite IFRS 16 having been effective for several years, financial statement reviews continue to reveal inconsistencies in lease identification, measurement, reassessment, and disclosure practices. Additionally, evolving business models, economic uncertainties, and complex contractual arrangements continue to create new challenges for preparers and auditors of financial statements.
Professional accountants in practice play a critical role in supporting organizations to achieve compliance with IFRS 16 through the preparation, review, audit, and interpretation of financial statements. As businesses continue to adopt increasingly complex leasing arrangements, there is a growing need for accountants to strengthen their understanding of the practical application of IFRS 16 and emerging implementation issues.
The webinar seeks to bridge knowledge gaps and equip professional accountants with practical skills necessary to apply IFRS 16 effectively while enhancing compliance with International Financial Reporting Standards (IFRS).
By the end of the webinar, participants will be able to:
Target Audience
This training is primarily intended for preparers of financial statements and assurance professionals, though not limited to accountancy practitioners; staff from other units are highly encouraged to attend.Â
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
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
