To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
PFM and IPSAS Accrual Seminar – Central Rift Branch
Date: 5th – 6th March 2026
Time: 09.00am-03.30pm
Venue: Nyahururu-Panari Hotel
Overview
Public Financial Management (PFM) is fundamental to transparency, accountability, and the efficient use of public resources. It encompasses key processes such as budgeting, planning, and resource allocation, which form the foundation of sound financial governance in the public sector. A strong PFM framework supports informed decision-making, enhances public trust, and aligns financial management with national development priorities.
The global shift from cash-based to accrual-based accounting, guided by International Public Sector Accounting Standards (IPSAS), has significantly improved the quality and credibility of public sector financial reporting. Accrual accounting provides a comprehensive view of an entity’s financial position by recognizing assets, liabilities, revenues, and expenses when they occur. Understanding the concepts, objectives, and practical implications of IPSAS accrual is essential for strengthening accountability and long-term financial planning.
In an accrual environment, budgeting, financial planning, and internal controls assume greater importance. The integration of accrual information into budgeting and performance monitoring enhances resource management, while effective internal controls and audit considerations support compliance and risk management. Experience and best practices from entities that have implemented IPSAS accrual provide valuable insights into addressing common implementation challenges.
The application of IPSAS accrual standards is supported by appropriate tools, systems, policies, and continuous capacity building. Robust accounting systems, clear policy frameworks, and technical guidance enable consistent and sustainable adoption of accrual accounting, contributing to improved financial governance, transparency, and professionalism in the public sector.
The following topics will be covered:
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 those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
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 0723 920829, or via email to Henry Ngetich at henry.ngetich@icpak.com with a copy to memberservices@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.
