Search
Close this search box.
Loading Events

« All Events

International Standards on Auditing (ISAs) Seminar (Mandatory Training)

November 26 @ 9:00 am - December 31 @ 3:30 pm

Ksh 10000

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

ISAs Seminar (Mandatory Training)
Theme: Translating ISAs into High-Impact Audit Practice
Date: 26th -27th November 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)

Overview

Kenya’s audit profession is experiencing profound transformation driven by regulatory reforms, heightened public expectations, increasingly complex business models, and rapid technological change. As markets evolve, stakeholders including investors, regulators, lenders, development partners, and the general public demand audits that are rigorous, credible, and value-driven. This heightened scrutiny places renewed emphasis on the auditor’s role as a guardian of financial integrity, requiring them to consistently deliver work that restores confidence in financial reporting.

International Standards on Auditing (ISAs) remain the cornerstone of audit quality. Yet, inspection findings by ICPAK’s Quality Assurance reviews, and global oversight bodies reveal persistent gaps in the consistent, effective, and judicious application of ISAs. While many practitioners understand ISAs conceptually, challenges often arise when translating this knowledge into robust audit procedures, high-quality documentation, and evidence-based conclusions—particularly in high-pressure or resource-constrained environments.

The ability of Kenyan auditors to uphold audit quality is further tested by emerging risks and the increasing complexity of financial reporting. Judgement-intensive areas—such as fair value measurement, impairment assessments, expected credit losses, revenue recognition, and fraud risk demand deep technical understanding and professional scepticism. Simultaneously, new reporting expectations, sector-specific regulatory requirements, and the acceleration of digital transformation are reshaping the audit landscape. These developments call for practitioners to move beyond mechanical compliance and adopt a dynamic, risk-informed, and forward-looking approach to applying ISAs.

Translating ISAs into high-impact audit practice therefore requires a strategic shift toward strengthening practical competence, methodological discipline, and professional judgement. Practitioners must not only interpret standards accurately but also operationalize them effectively across engagements of varying size, complexity, and risk profiles. By deepening practice-oriented mastery of ISAs, the profession will be better positioned to elevate audit quality, reduce recurring inspection findings, and reinforce public trust in Kenya’s financial reporting ecosystem.

In response to this need, ICPAK has designed a comprehensive two-day virtual symposium aimed at empowering assurance practitioners with the tools, insights, and confidence required to convert ISAs into tangible audit impact. The symposium will cover the following key areas:

  1. Strengthening Audit Quality Foundations
  • Role of ISAs in enhancing credibility and public confidence
  • Practical implementation of ISQM 1 and ISQM 2 in various firm sizes
  • Common QA inspection findings and how to address them
  1. ISA-Driven Audit Planning & Risk Assessment
  • ISA 300: Effective audit planning for quality outcomes
  • ISA 315 (Revised): Understanding the entity, systems, and risks
  • Embedding professional skepticism in risk identification and assessment
  1. High-Impact Execution of Audit Procedures
  • ISA 500: Understanding and evaluating sufficient appropriate audit evidence
  • ISA 530: Practical sampling techniques and pitfalls
  • Evidence challenges in sectors such as SACCOs, NGOs, financial institutions, and county governments
  1. Audit of Significant Judgement Areas
  • ISA 570: Going concern assessments under uncertainty
  • ISA 240: Addressing fraud risk with robust audit responses
  • Approaches to complex estimates, fair value, and ECLs
  1. Effective Audit Documentation
  • ISA 230: Documentation requirements and common pitfalls
  • Building audit files that withstand quality inspections
  • Real-file analysis: Characteristics of high-quality working papers
  1. Technology-Enabled Audit Practice
  • Leveraging audit data analytics for risk assessment and substantive testing
  • Navigating digital audit trails and cybersecurity considerations
  • Ethical and effective use of AI tools in assurance engagements

Target Audience

This workshop will be useful to all professional Accountants and those aspiring to join the profession

Continuous Professional Development Units (CPD Units):

Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.

Cost:

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

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 +254 719 074 100,  or via email  to marketing@icpak.com.

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

Details

Start:
November 26 @ 9:00 am
End:
December 31 @ 3:30 pm
Cost:
Ksh 10000
Event Category:

Other

CPD Hours
10
Associates Member Cost
10000
Full Member Cost
10000
Non Member Cost
10000