To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA 315-Risk Of Material Misstatements webinar
Date: 7th April 2026
Time: 4:00-6:00PM
Venue: Virtual
Overview
Today the audit landscape is experiencing unprecedented changes characterized by complex business models, rapid digital transformation, heightened fraud risks and growing regulatory scrutiny. Despite these changes, it is imperative to underscore the fact that the ability of an auditor to effectively identify and assess risks of material misstatement is the foundation of audit quality. At the heart of this process lies ISA 315 (Revised), the standard that governs how auditors understand entities, their environments, and related risks.
This 2-hour practical webinar is designed to provide audit practitioners with a clear, applied, and contemporary understanding of ISA 315, with emphasis on its revised requirements, enhanced risk assessment procedures, and stronger linkage between risk identification and audit responses.
The session will examine how auditors are expected to:
Particular focus will be placed on practical application, including documentation expectations, common inspection findings, and how weak risk assessment directly undermines audit quality. The webinar will also highlight regulatory and practice challenges within the Kenyan context, helping practitioners align with both international standards and local oversight expectations.
By the end of the session, participants will have enhanced confidence in applying ISA 315 effectively, strengthening audit planning, improving audit responses, and delivering higher-quality, risk-focused assurance engagements.
Target Audience
This training is not limited to accountancy only, staff from other units are highly encouraged to attend.
Continuous Professional Development Units
Members of ICPAK and those from other reciprocating professional bodies will earn 2 CPD units upon successfully attending all conference sessions.
Financial Commitment:
| Category | Charges Physical | Virtual | Â |
| Associate Members | Kes. 1,000 | ||
| Full Members | Kes. 1,000 | ||
| Non-Member | Kes. 1,000 |
Note: This is virtual training and therefore training materials, meals and other related provisions are not required.
Online Booking:
We call on seminar participants to note that booking is available only online at www.icpak.com/events.
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 the 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.
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
