THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Professional Accountancy Career of The Future
Theme: Skills and challenges in a dynamic environment
Date: 23rd June 2022
Time: 4:00 – 6:00 pm
Platform: Webinar
OVERVIEW
There has been rising demand for workers with a background in finance and accountancy. Although the demand is high, this line of work is still competitive, so getting the right accountancy qualifications is key. The accountancy profession, like all professions, is going through a period of appraisal of its future position because of numerous changes in culture, technology and the world of work. One of the major changes to the accountancy profession is likely to be how services are valued and priced.
Data entry-related tasks are likely to go down while the value of accountants’ insight and recommendations is expected to rise. A report from The Association of Accountants and Financial Professionals in Business argues that accountants are uniquely positioned to be change agents who drive the direction of technology investment for their organizations. Some of the top technologies likely to shape the future of accounting include.
The accountant of the future is a leader and a problem solver tasked with tackling the world’s biggest issues, including global warming and net zero. The profession needs to spend more time developing what we call enabling competencies because the environment is complex and uncertain and ambiguous. We should focus on investing in the competencies that our members are going to need for the future.
These competencies are expected to include ethics around artificial intelligence, sustainability solutions for business, and all aspects of ESG (environmental, social and governance).
Some of the top technologies likely to shape the future of accounting include.
- Transforming business in a changing world
- Mobile accounting
- Artificial intelligence and robotics
- Cybersecurity
- Sustainability solutions for business (environmental, social and governance)
- Payment systems
- Digital Service delivery
Accountants will need to transform the way they position themselves and communicate with their clients. Given the technological advancements being experienced, modern accountants will be driven to become more tech savvy and position themselves as strategic partners for their clients and their employers.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the Webinar.
FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 1,000. 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/Online Booking
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions 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 +254 719 074 000, (+254) 733 856262 or via email to onlinelearning@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.
