IPSAS Workshop- North Rift

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April 17, 2019 @ 8:00 am - April 18, 2019 @ 1:00 pm

| Ksh 10000


(Established under the Accountant Act, Laws of Kenya)

IPSAS Workshop

Date: 17th – 18th April, 2019

Venue: Sirikwa Hotel – Eldoret, North Rift Region

1.0  Event Brief

Efficient public financial management enables the provision of essential public services to citizens towards raising living standards. It further ensures continuous economic development and proper governance of the country. Since the enactment of devolution in the Constitution of Kenya 2010, PFM in Kenya has faced new forms of challenges especially in accountability by county governments.

As the government strives to establish proper systems, individuals working within the systems should also hone their knowledge and skills to complement these efforts. Mastery of the relevant standards in accounting and financial reporting, particularly IPSAS, is therefore crucial in supporting the move towards stellar management of public funds.

This seminar is tailored to improve the quality of general purpose financial reporting by public sector entities as well as keep professionals informed on the dynamic financial reporting field. Specific areas of focus include:

  • IPSAS in Kenya, Reflecting on the 5 year journey
  • IPSAS 1: Presentation of Financial Statements – gaps identified from the FiRe Award 2018; Changes made by PSASB in the 2018 illustrative financial statements; Related guidance that impact presentation of financial statements
  • IPSAS 39: Employee Benefits – Ensuring compliance with pension obligations; Measurement and recognition as well as presentation and disclosure issues
  • Overview of Developments in IPSAS – IPSAS 42: Social Benefits (effective January 1, 2022, with earlier adoption encouraged)
  • Recommended Practice Guidance under IPSAS accrual – Reporting on the long term sustainability of an entity’s finances, financial statements discussion and analysis, and reporting service performance
  • Group Session: Safeguarding public resources – Assess the impact of the application of IPSAS on your organization; Practical implications and challenges of an IPSAS conversion project – Accounting for assets and liabilities; Fostering an enabling environment for Conversion – Culture, resources and processes

2.0  Target Audience

Professional accountants working in public sector entities, Accountants, Auditors, Associate members, Practicing members, Academia, Financial Reporting Consultants

3.0  Event Booking

Kindly note that booking 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 early for planning purposes.

4.0  Charges

Charges for this forum are as provided below:

 Category Charges (Ksh)
Associate Members 8,000
Members 10,000
Non Members 12,000

 5. 0  Continuous Professional Development (CPD) Units

Members of ICPAK will earn 14 CPD points upon successful attendance. Enquiries may be directed to us through judith.wambura@icpak.com with a copy to memberservices@icpak.com. Telephone +254 719 000/307


April 17, 2019 @ 8:00 am
April 18, 2019 @ 1:00 pm
Ksh 10000
Event Category:




CPD Hours
Associates Member Cost
Ksh 8,000
Full Member Cost
Ksh 10,000
Non Member Cost
Ksh 12,000
Event Type


Sirikwa Hotel, Eldoret
+ Google Map
+254 727 531006
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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, (+254) 733 856262
Email: icpak@icpak.com