IFRS Seminar - (Mandatory Training)

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December 7, 2022 @ 9:00 am - March 8, 2023 @ 3:30 pm

| Ksh 10000 Book Now

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

IFRS Seminar (Mandatory Training) – Recording
Date: 7th to 8th December 2022
Venue: Virtual
Time: 09.00am-03.30pm
(This is one of the mandatory trainings for Practicing Certificate consideration)

OVERVIEW

Financial statements which constitute the statements of financial position, income statements, cash flow statements, footnotes and tax returns are all key indicators of a business’s health and operational performance for any given period.  These must be prepared accurately and in accordance with the existing financial reporting frameworks and guidelines.

The rapid developments in the standard setting environment have created many challenges to preparers and users of financial statements. The Covid-19 pandemic and other geo-political developments have equally created more complexity due to the uncertainties created across businesses.  This has resulted to various entities in business looking for new ways of conducting business because of the disruptions and the unprecedented approach towards business operations. This has not only impacted the way transactions are recorded and reported in the annual reports and financial statements, but also new requirements for purpose of compliance with the financial reporting frameworks.

To provide the necessary updates and guidance in line with the expected compliance with the reporting standards, the scheduled IFRS seminar has been carefully tailored to meet the financial reporting requirements in view of the recent and current developments in corporate reporting under the IFRS framework.  The virtual seminar will give the participants an opportunity to learn some of the latest developments in financial reporting and get details on the existing reporting standards.

The seminar sessions will also capture a review of the disclosure requirements for the various standards, which our specialist facilitators will provide guidance on the necessary requirements.

The seminar will focus on the following areas:

  1. IAS 1 – Presentation of financial statements
  2. IFRS 13 – Fair value measurement
  • IFRS 15 – Revenue from contracts with customers
  1. IFRS 16 – Leases
  2. IAS 12 – Income Taxes
  3. IFRS 17 – Insurance contracts

Practical illustrations and interactive discussions will be used during the presentations

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the Webinar.

FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 10,000. 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 webinar is mandatory on https://www.icpak.com/event-registration/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.

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, (+254) 733 856262 or via email to onlinelearning@icpak.com

Details

Start:
December 7, 2022 @ 9:00 am
End:
March 8 @ 3:30 pm
Cost:
Ksh 10000
Event Category:

Organizer

ICPAK

Other

CPD Hours
10
Associates Member Cost
Ksh 10,000
Full Member Cost
Ksh 10,000
Non Member Cost
Ksh 10,000
Status
Open

There are no upcoming events at this time.

There are no upcoming events at this time.

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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
Mobile: +254 719 074 000
Email: icpak@icpak.com

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