IFRS, IPSAS & understanding of carbon credits – Eastern Branch

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

IFRS, IPSAS & Understanding of Carbon Credits – Eastern Branch
Theme: Strengthening Financial Reporting Through Emerging IFRS, IPSAS & Carbon Credit Reporting
Date: 20th -21st August 2026
Time: 09.00am-03.30
Venue: Kitui, TBC

Overview

The financial reporting landscape continues to evolve in response to changing business models, increasing stakeholders’ expectations, sustainability imperatives and regulatory requirements. Today, organizations are increasingly required to provide transparent, reliable and decision-useful financial and sustainability information to meet the needs of investors, creditors, lenders and other stakeholders.

Consequently, IFRSs continue to undergo important developments, significantly affecting financial statement preparation, particularly in the private sector. Similarly, the International Public Sector Accounting Standards (IPSAS) remain central to strengthening public financial management by enhancing transparency, accountability and comparability in public sector financial reporting.

At the same time, the transition towards low-carbon economies has elevated carbon markets and carbon credits from niche environmental concepts to strategic financial and sustainability considerations. Governments, regulators, investors and organizations increasingly recognize carbon credits as an important mechanism for climate action, emissions reduction and sustainable finance. As organizations participate in voluntary and compliance carbon markets, finance professionals are expected to understand the accounting, reporting, governance and commercial implications of carbon credit transactions.

These developments have expanded the role of professional accountants beyond traditional financial reporting to include sustainability reporting, climate-related financial disclosures and strategic advisory services.

The proposed two-day training workshop is designed to equip professional accountants with up-to-date knowledge and practical insights into the latest developments in IFRS and IPSAS, including new standards, amendments and emerging issues affecting financial reporting. In addition, the workshop will introduce participants to the fundamentals of carbon credit accounting and reporting. This will enable them to understand the growing intersection between financial reporting, sustainability, and climate-related disclosures.

The following are topics to be discussed during the training:

1. Recent developments in IFRSs
   An update on new and amended IFRS and their practical implications for financial reporting.
2. Key selected IFRSs
   Practical guidance on the application of IFRS 15 and IFRS 18, including leading practices for compliance and common challenges.
3. Recent developments in IPSASs
   An overview of new and revised IPSAS standards and their impact on public sector financial reporting and accountability.
4. Key selected IPSASs
   Discussion of common implementation challenges, lessons learned, and strategies for improving financial reporting quality in the public sector.
5. Introduction to Carbon credits 
   An introduction to carbon markets, carbon credits, and their role in climate change mitigation and sustainable development.
6. Carbon credits accounting & reporting  An overview of the emerging accounting, measurement, reporting, and disclosure considerations relating to carbon credit transactions.

Target Audience:

This seminar will be useful to professionals in Spheres.

Your Financial Commitment

Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.

 CPD Units

Members of ICPAK and reciprocating professional bodies will be awarded 14 CPD Units upon successfully attending all sessions.

 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)

Further requests can be channeled to us via telephone calls on, +254 0787400550,  or via email to David Mutiso    at David.Mutiso@icpak.com with a copy to memberservices@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.