PRACTITIONERS' & PROFESSIONAL FIRMS GROWTH FORUM (MANDATORY TRAINING)

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August 12 @ 8:00 am - August 13 @ 5:00 pm

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PRACTITIONERS’ & PROFESSIONAL FIRMS GROWTH FORUM

(MANDATORY TRAINING)

Theme: “Technology & The future of Accountancy Practice”
WEBINAR
Date: 12th -13th August 2020

OVERVIEW
The operating environment for auditors is rapidly changing from the adoption of latest technology by clients, changes in audit regulation which touch on fees and licensing and increasing expectations of the public on auditors among others. With the pandemic seemingly presenting fresh challenges every day, it can be easy for accounting firms and their leaders to focus on the tactical and the immediate: How do we get everyone up and running virtually? How do we manage a suddenly remote workforce? What do we have to change in our offices to reopen safely? That means that the longer-term strategic concerns and opportunities raised by the pandemic may all too often get moved to the back burner. Attracting and keeping qualified staff is a top concern within the accounting profession. Delivering service that clients want and at a price that the clients considers to be fair value remains an issue that accounting firms must put focus on. Practicing accountants therefore have an enormous task of not only being profitable but also to grow their firms without compromising on the quality of work and adhering to the expectations for practicing by ICPAK. This online training will seek to respond to these emerging issues by delving on the following topics:

Technology and the Future of the Accountancy Practice
Technological advancements are reshaping the accountancy sector. As the effects of the pandemic continue to impact businesses, the accountancy sector has a responsibility to keep up with the new developments in technology in order to remain relevant and guard its global business leadership position.

Starting Audit & Assurance Practice, Tax Practice, Accounting, controls and consulting Practice
Starting an accounting firm requires a lot of work. It is an extremely difficult endeavour that requires passion, persistence, and the right people in the right roles, starting at the top. This topic will cover several entrepreneurial pros, cons, and take-aways of lessons learned from an experienced CPA firm owner

HR Management – The Future of the Workplace
The Impact of Covid -19 has changed the way organizations operate and workplaces will never be the same again. It is now not whether organizations can adopt to remote working conditions but in some companies, it is a 100% adoption of working from home. Reorganization of the workplace is not just a possibility but it also proving to be a good strategy in ensuring teams are safe and more productive. Organizations are constantly reviewing the business plans and models in order to establish the new normal for future operations. Technological infrastructure becomes the lead driver in combatting this change process. In this webinar, we explore the future of workplaces, key challenges facing organizations and as well lay out recommendations that will support organizations in adopting to the new normal.

Tendering for Professional Services – Proposals and Pitches in Creating Winning Bids
The daily operations of an accounting firm involve competitive bidding for work. Pitching for projects whether it’s auditing work of consultancy jobs have become a critical element in attracting and retaining clients. To stay ahead of the competition, firms that win and retain clients need to be experts in developing and pitching compelling proposals.

ICPAK Audit Software – Utilization and Benefits Thereof
The ICPAK Audit Software is a powerful and secure audit automation platform that can revolutionize your audit function.
Key Highlights:
• Support for IFRS for SMEs and ICPAK Audit Manual
• Online collaboration with your entire audit team
• Easily manage your team members’ roles and permissions while auditing
• Manage your client files efficiently and securely from a central online database
• Perform audit work remotely by signing into your profile from any computer
• A comprehensive user guide that can guide you through the audit software. https://audit.icpak.com/manual

Emerging Issues in the Practice given the Covid–19 pandemic
Covid 19 has had a significant on the global economy which could result to accounting implications to many entities. This has raised concerns among business as effects are expected to be seen in financial results. So how will companies report these effects on their financial statement. This topic will look at the accounting standards and financial reporting standards that are impacted by the pandemic and disclosures.

TOPICS:
1) Technology and the Future of the Accountancy Practice
2) Starting Audit & Assurance Practice, Tax Practice, Accounting, controls and consulting Practice
3) HR Management – The Future of the Workplace
4) Tendering for Professional Services – Proposals and Pitches in Creating Winning Bids
5) ICPAK Audit Software – Utilization and Benefits Thereof
6) Emerging Issues in the Practice given the Covid–19 pandemic
7) Overview of the intended multiple licenses and what it means to the practice and the profession at large
8) Technical Resources – Practitioner’s Tool Kit & Practice Notes

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):

Members of ICPAK and reciprocating professional bodies will be awarded 14 CPD Units upon successfully completion of the Webinar.

FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 10,000.
Charges will cater for online video access fees, learning materials, and e-certificates of attendance

ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/

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 +254 733 856 262/ 727 531006 or via email to onlinelearning@icpak.com or emma.opiyo@icpak.com
We encourage members to regularly visit our website https://www.icpak.com/event-registration/ for updates.

Details

Start:
August 12 @ 8:00 am
End:
August 13 @ 5:00 pm
Event Categories:
,

Other

CPD Hours
14
Associates Member Cost
Ksh 10,000
Full Member Cost
Ksh 10,000
Non Member Cost
Ksh 10,000
Event Type
Seminar
Status
Open
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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, (+254) 733 856262
Email: icpak@icpak.com
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