IPSAS Workshop- South Rift Branch- Sunshine Hotel, Kericho

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July 26, 2016 @ 8:00 am - July 27, 2016 @ 1:00 pm

Theme: Increasing Accountability Through Public Sector Accounting

Overview

International Public Sector Accounting Standards (IPSASs) accounting standards are aimed at improving the quality of financial reporting by public sector entities. The Accrual accounting and Cash Basis accounting requirements focuses on the accounting and financial-reporting needs of governments and public sector entities. It is expected that these requirements will lead to informed assessments of resource allocation decisions made by governments, hence increase transparency and accountability. While IPSASs are largely consistent with International Financial Reporting Standards (IFRSs), a number of public sector entities have had challenges implementing these standards. It is with this background that ICPAK has organized this 2 days’ workshop.

This workshop will highlight on:

  • Status of IPSASs adoption in Kenya
  • Current requirements for presentation of accrual-based IPSASs financial statements and related disclosures
  • Technical and practical guidance on IPSAS
  • Changes related to IPSASs and expected changes in the near future
  • Practical issues that commonly arise when implementing IPSASs
  • Recommendations for transitioning from cash or modified cash basis to the accrual basis of accounting for a public sector.

Key learning Outcomes

At the end of the course, you will be able to:

  • Understand the accrual accounting concepts, as well as key accounting concepts such as recognition, measurement, presentation and disclosure requirements
  • Understand real-life accrual/cash basis accounting financial statements
  • Understand the strategic implications of accrual accounting adoption
  • Implement and apply accrual accounting in practice

Target Participants:

The workshop targets professionals involved in financial reporting and accounting from national government, county governments, auditors, academics and researchers interested in the public sector.

The workshop will take place on 26th – 27th Juy 2016 at Sunshine Hotel, Kericho. Charges are Kshs. 8, 950 and Kshs. 10, 950 for members and non-members respectively. Members in attendance will be awarded 14 Structured CPD Hours. The exact venue will be communicated in due course.

Details

Start:
July 26, 2016 @ 8:00 am
End:
July 27, 2016 @ 1:00 pm
Event Categories:
,

Organizer

ICPAK
Website:
icpak.com

Other

Target
Public Sector
CPD Hours
14
Associates Member Cost
Ksh 6,950
Full Member Cost
Ksh 8,950
Non Member Cost
Ksh 10,950
Event Type
Seminar
Status
Open

Venue

Sunshine Hotel, Kericho
Kericho,
+ Google Map
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.
Telephone Line (Main) : +254 719 074 000
Mobile: +254 719 074 000
Email: icpak@icpak.com

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