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IFRS/ISA Seminar -Coast Branch (Mandatory Training)

August 20 @ 9:00 am - August 21 @ 3:30 pm

Ksh 10000

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

IFRS/ISA Seminar -Coast Branch (Mandatory Training)
Date: 20th-21st August  2026
Time: 09.00am -3.30pm
Venue: Kilifi, TBC

(This is one of the mandatory trainings for Practicing Certificate consideration)

Overview

The global business environment continues to demand high-quality financial reporting and auditing practices that enhance transparency, accountability, and stakeholder confidence. International Financial Reporting Standards (IFRS) provide a globally recognized framework for the preparation and presentation of financial statements, while International Standards on Auditing (ISAs) establish the principles and procedures auditors should follow when conducting audits.

Organizations, finance professionals, auditors, and governance bodies must remain updated on evolving standards to ensure compliance with regulatory requirements and best international practices. This training is designed to strengthen participants’ understanding and application of IFRS and ISAs in their professional roles.

The purpose of this training is to equip participants with practical knowledge and skills on the application of IFRS and ISAs, enabling them to improve the quality of financial reporting, auditing, risk management, and regulatory compliance.

LEARNING OBJECTIVES

  • Enhance participants’ understanding of the IFRS framework and key accounting standards.
  • Build knowledge of the auditing process under ISAs.
  • Strengthen the application of professional judgment in financial reporting and auditing.
  • Improve compliance with regulatory and governance requirements.
  • Provide practical insights into common challenges in implementing IFRS and ISAs.
  • Promote consistency, transparency, and accountability in financial reporting and assurance engagements.

This Conference is divided into the following modules covering various aspects.

DAY MODULE TOPICS
DAY 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.Recent IFRS Updates and Developments Overview of Current IFRS Developments

  • Recent changes issued by the International Accounting Standards Board (IASB)
  • Effective dates and transition requirements
  • Emerging financial reporting trends

Common implementation challenges

2. IFRS 18 – Presentation and Disclosure in Financial Statements

 

 

·         Introduction to IFRS 18-Background, objectives, requirements and disclosures

  • Replacement of IAS 1 presentation requirements
  • Effective date and transition provisions
3. IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2)

 

 

 

 

 

 

 

 

 

 

 

 

IFRS S1 – General Requirements for Sustainability-related Financial Disclosures

  • Scope and objectives
  • Governance disclosures
  • Strategy disclosures
  • Risk management disclosures
  • Metrics and targets

IFRS S2 – Climate-related Disclosures

  • Climate-related risks and opportunities
  • Greenhouse Gas (GHG) emissions reporting

Sustainability Reporting in Practice

  • Alignment with global sustainability frameworks
  • Materiality assessment
  • Data collection and reporting challenges
  • Assurance considerations

 

DAY 2 4. Recent Updates on International Standards on Auditing (ISAs)

 

 

Emerging Developments in Auditing Standards

  • Overview of recent IAASB pronouncements and Auditor responsibilities in a changing risk environment

Quality Management Standards

  • ISQM 1 – Quality Management for Firms and ISQM 2 – Engagement Quality Reviews
  • ISA 220 (Revised) – Quality Management at Engagement Level

Fraud and Going Concern

  • Auditor responsibilities relating to fraud and Going concern assessments and disclosures and

 

5. Audit Quality Assurance (AQA) Updates, Compliance and Regulatory Updates and UDIN

 

 

Audit Quality Framework

  • Regulatory expectations, Monitoring and inspection findings and Common Audit Deficiencies and Strengthening Audit Quality
  • Anti-money laundering (AML) consideration

Target Audience:

This workshop will be useful to Finance Managers and Accountants, Internal and External Auditors, Audit Committee Members, Compliance and Risk Officers, Finance Directors and Chief Financial Officers, Government and Public Sector Finance Personnel and Regulatory and Oversight Staff

Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.

Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the workshop 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 Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.

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 0732352476 ,  or via email to Ainan Mohamed  at ainan.mohamed@icpak.com with a copy to memberservices@icpak.com.

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

Details

Start:
August 20 @ 9:00 am
End:
August 21 @ 3:30 pm
Cost:
Ksh 10000
Event Categories:
,

Other

CPD Hours
14
Associates Member Cost
10000
Full Member Cost
10000
Non Member Cost
10000