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 Accountant Act, Laws of Kenya)
IFRS Seminar (Mandatory Training) Eastern Branch
30th -31st October 2025
Time: 09.00am-03.30
Venue: Marie Garden Hotel, Kitui
Theme: Evolving Standards in Financial Reporting: Global Trends and Local Impacts
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
In recent years, the dynamics of global trade, technological advancements and shifting economic paradigms have brought about significant changes in the financial landscape. These changes have necessitated continuous updates and adaptations in the International Financial Reporting Standards (IFRS) to align with the current business environment. As the global business environment continues to evolve, so does the framework within which these standards operate. This Seminar aims to provide a comprehensive overview of the International Financial Reporting Standards (IFRS) and their practical applications in enhancing financial transparency and consistency in financial reporting. The key objective is to empower financial professionals with the knowledge and skills required to stay current with the latest IFRS standards and effectively implement them within their organizations. As businesses strive to navigate the complexities of the modern financial environment, the role of IFRS in ensuring accurate and transparent financial reporting is indispensable. This seminar will not only provide participants with the technical knowledge needed but also offer a platform for sharing insights, experiences and best practices in financial reporting. It will present a valuable opportunity for professionals to deepen their understanding of IFRS and stay current with recent developments. We look forward to your participation and to providing you with practical skills and knowledge that will enhance your financial reporting practices.
The following topics will be discussed:
• Update and overview of new and revised standards:
i. Overview and provisions of IFRS 19: Subsidiaries without Public Accountability
ii. IFRS 18 – Presentation and disclosure in Financial Statements
• IFRS 15- Revenue from contracts with customers
• IFRS 16- Leases
• Complying with standards when preparing financial statements- Overview of ICPAK illustrative sets on Financial Reporting
• IFRS S1 : General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2: IFRS S2: Climate-related Disclosures
Target Audience:
This seminar will be useful to professionals in the finance and accounting sector with bias on preparers of financial statements specifically: Finance Directors and Managers, Chief Finance Officers, Financial Analysts, Accountants, Auditors, Financial Controllers, Credit Managers, Tax Practitioners, Tax Experts,
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 0732352476 , 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.
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
