IFRS For NPOs Workshop:Sarova Panafric Hotel.

Loading Events
« Events
  • This event has passed.

February 16 @ 9:00 am - 4:00 pm

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA

(established under the Accountant Act, Laws of Kenya)

 IFRS For NPOs Workshop

Date: 16th February 2018

Venue: Sarova Panafric, Nairobi

Time: 9.00am to 5.00pm

THEME: Stakeholder satisfaction through sound financial reporting for NPOs

1.0 Overview

Non-Profit Organizations (NPOs) are set up with the sole purpose of providing goods and services to the satisfaction of the public. The NPOs, though not motivated by making profits, are required to provide appropriate disclosures that relate to the welfare of the public in general. Specifically, they are to demonstrate accountability to governments, regulators, the donors in different jurisdictions, besides appealing and remaining relevant to the beneficiaries.

Financial reporting for NPOs is not guided by a stand-alone standard, rather, multiple standards are to be adopted for different disclosures and activities, all directed towards providing a sound financial reporting framework to satisfy the reporting needs of the various stakeholders. Some NPOs are finding it more suitable using the International Public-Sector Accounting Standards (IPSAS) while a good number are inclined towards International Financial Reporting Standards (IFRS) for SMEs among other standards. Further, increased scrutiny from the government and other regulatory agencies, coupled with reduced donor funding have contributed to an environment where NPOs are required to be more accountable and disclose information that meets the expectations of the different bodies that the NPOs report to.

It is against this backdrop ICPAK has organized a one-day workshop themed ‘Stakeholder satisfaction through sound financial reporting for NPOs’ to bring together personnel involved in the reporting and management of NPO activities, to dialogue on the above issues.

Objectives

The specific training objectives will be as follows;

  1. Understanding the responsibilities of directors and other key personnel with regard to the management of NPO resources and disclosure requirements
  2. To improve the quality of financial information disclosed by NPOs
  3. Improve the comparability and reliability of disclosures by NPOs as required by different tax regimes and regulators.
  4. Overview of the tax planning and compliance measures for NPOs
  5. Improve understanding of the relevant standards applied in accounting for NPOs.

2.0 Target Audience:

Accountants, consultants, monitors, compliance officers, finance and non-finance managers and chief administrators working or intending to work with NGOs, Personnel of Charities, Aid Organizations, trusts, Personnel of foundations, religious organizations, Staff of faith-based organizations (churches, mosques,)

 3.0 Online Booking

Kindly note that booking for the IFRS for NPOs Workshop 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. Delegates are urged to note that the bookings close on 15th February 2018 at 1700 hrs

 4.0 IFRS for NPOs Workshop Charges:

The Charges for IFRS for NPOs Workshop which cover workshop materials, meals, and e-certificates of attendance is as provided under;

 Category

 

Early Bird Registration

Booked & Paid for before 2nd February 2018

Normal Registration

Booking & Payments or LPOs / LSOs received after 2nd February 2018

Associate Members 6,950 7,950
Members 7,950 8,950
Non Members 17,950 18,950
International Delegates USDs 250 USDs 300

5.0 Continuous Professional Development Units – 7

Members of ICPAK and other reciprocating professional bodies will earn 7 CPD points upon successfully attending IFRS for NPOs workshop

6.0 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).

7.0 Sponsorship Opportunities & additional information

IFRS for NPOs Workshop attracts over 100 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring the event can reach us through Raphael Nguli on email: raphael.nguli@icpak.com

Further enquiries for the IFRS for NPOs Workshop  please call Tel: +254 (0) 20 2304226, 2304227 Mobile: +254 (0) 727 531006 / 733856262 / 0721 469796/ 721469169, email to memberservices@icpak.com / felista.kibe@icpak.com . We encourage you to regularly visit our website www.icpak.com for more updates.

 

 

Details

Date:
February 16
Time:
9:00 am - 4:00 pm
Event Category:

Organizer

ICPAK
Website:
icpak.com

Other

CPD Hours
7
Associates Member Cost
Ksh 7,950
Full Member Cost
Ksh 8,950
Non Member Cost
Ksh 18,950
Event Type
Seminar
Status
Open
Associate Member Discount
1000
Full Member Discount
1000
Non Member Discount
1000
Discount Date (yyyy-mm-dd)
2018-02-2

Venue

Sarova Panafric Hotel
Sarova Panafric Hotel, Nairobi, Kenya
+ Google Map
Aug 15

Public Finance Management Seminar – South Rift Branch

Aug 16

Public Finance Management Seminar – Central Rift Branch

Book Now
Aug 22

Inaugural Branch Annual Summit, Mombasa

Book Now
Aug 23

Public Finance Management Workshop – Eastern Branch

Book Now
Aug 15

ANNUAL INTERNAL AUDIT CONFERENCE

Event Closed
Aug 29

THE 12th ANNUAL PRACTITIONERS’ GROWTH FORUM

Book Now
Sep 04

THE 2nd CHAPTER SEMINAR – AUSTRALIA

Book Now
Sep 18

BOARD AUDIT COMMITTEE TRAINING

Book Now
Dec 31
Dec 31

Tax and Economics

Book Now
Dec 31
Dec 31

RISK MANAGEMENT

Book Now

Download

About ICPAK

ICPAK is an Institution
mandated to protect and uphold public interest
as well as develop and regulate the accountancy profession in Kenya.

Member Of:

Contact Information:

P.O BOX 59963-00200,
CPA Center, Ruaraka, Thika road.
Nairobi, Kenya.

Telephone Line (Main) : +254 719 074 000

Alternative Lines
Tel: +254 (0) 20 2304226, 2304227

Mobile: +254 719 074 000, +254 (0) 727 531006 / 733 856262 / 721 469796/ 721469169

Email: icpak@icpak.com

TOP