IPSAS and Public Finance Management Seminar, Isiolo

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April 26 @ 8:00 am - April 28 @ 2:00 pm

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA

(established under the Accountant Act, Laws of Kenya)

IPSAS & Public Finance Management Seminar

DATE: 26th – 28th April, 2017

VENUE: Silver Bells Hotel, Isiolo

The Quest for Results: Strengthening Public Sector Performance

Background

Lack of transparency and poor public finance management are major issues ailing government institutions today. The country’s leadership faces outcry from outraged Kenyans on the widespread fraud and fund misappropriation in public institutions. A uniquely interdisciplinary field, PFM combines public administration, accounting, economics and political science, making it a complex function of government institutions. These organizations are seeking to reform through education of stakeholders and institutionalization of structures to curb these challenges. Further, organizations are increasingly appreciating the importance of International Public Sector Accounting Standards (IPSAS) and adopting them as a tool for improving financial reporting as well as decision making.

PSASB serves the crucial role of tailoring the International Financial Reporting Standards (IFRS) to the public sector and providing practical guidelines to ease implementation of the standards. While many IPSASs are consistent with IFRS, some instances and public sector practices such as non exchange transactions require a departure from the available standards. Additionally, there are alternative ways to implement IPSASs, with some institutions opting to adopt Cash Basis IPSAS to ease transition into accrual based IPSAS.

ICPAK has therefore organized this workshop to enhance public finance management knowledge among delegates and ensure in-depth mastery of IPSAS in the public sector.

What you will learn

Among other subjects, this two day seminar will provide a platform for delegates to learn:

  • Accrual Based Accounting: Benefits, Challenges, Recommendations and Requirements for Presentation
  • The Main Areas of Departure of IPSAS from IFRS
  • Detailed Look at Select IPSASs: IPSAS 23, 24, 9, 12
  • Fiscal Decentralization, Transparency and the Analysis of Risk in the public sector
  • Audit and Internal Controls in the Public Sector
  • Technology as a Conduit for Excellence in Public Finance Management
  • Public Sector Ethics & Values
  • Obligations under Leadership and Integrity law

Target Audience

This seminar is best suited for: Accountants in the public sector, Audit practitioners involved in the public sector, finance accountants and other finance professionals in county governments, scholars and consultants for public entities.

Online Booking

Kindly note that booking for IPSAS & PFM Workshop 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. Delegates are advised to book online for the event to facilitate planning processes.

Workshop Charges

Delegates’ financial commitment for this workshop is as provided below:

 Category Charges
Associate Members 17,950
Members 24,950
Non Members 34,950

 

Continuous Professional Development (CPD) Units

Members of ICPAK will earn 20 CPD points upon successful attendance.

Further information on this workshop is available online at www.icpak.com. Enquiries may be directed to memberservices@icpak.com.

Details

Start:
April 26 @ 8:00 am
End:
April 28 @ 2:00 pm
Event Category:

Organizer

ICPAK
Website:
icpak.com

Other

Target
Public and Private Sector
CPD Hours
20
Associates Member Cost
Ksh 17,950
Full Member Cost
Ksh 24,950
Non Member Cost
Ksh 34,950
Event Type
Seminar
Status
Open

Venue

Northern Kenya Branch
Northern Kenya Branch, Northern Kenya, Kenya
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Phone:
+254 727 531006
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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.

Tel: +254 (0) 20 2304226, 2304227
Mobile: +254 (0) 727 531006 / 733 856262 / 721 469796/ 721469169
Email: icpak@icpak.com

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