Reporting on IFRS S1 and S2 Practical Course

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

Reporting On IFRS S1& S2 Practical Course
Theme: Navigating the Sustainability Disclosure Landscape: A Practical Guide to IFRS S1 & S2
Date: 29th – 30th April 2025
Venue: Utalii Hotel, Nairobi
Time: 09.00am-04.00pm

Overview

In response to the demand for improved global consistency and comparability of sustainability reporting, the International Sustainability Standards Board (ISSB) issued its first two standards on 26 June 2023: IFRS S1 (General Requirements for Disclosure of Sustainability – related Financial Information) and IFRS S2 (Climate – related Disclosures). IFRS S1 outlines general requirements for disclosing material information on sustainability-related financial risks and opportunities, while IFRS S2 focuses specifically on climate-related disclosures.

These standards aim to create a comprehensive global baseline and common language for sustainability reporting, enabling comparable, consistent, and decision-useful disclosures. On 6 September 2023, the Institute of Certified Public Accountants of Kenya (ICPAK), as the country’s standard setter and accountancy regulator, announced the intention to adopt these sustainability standards in Kenya. Subsequently on 14^th November 2024, ICPAK released the Roadmap for Adoption of these standards in Kenya. The roadmap can be assessed on the ICPAK website through the link: https://online.flippingbook.com/view/310392939/

The successful adoption of IFRS Sustainability Disclosure Standards in Kenya will require active involvement from key stakeholders, including professional bodies, regulators, industry associations, academia, and policy makers. ICPAK will play a key role in supporting adoption and implementation by providing targeted capacity-building sessions for preparers, offering guidance materials, toolkits, and guidelines.

It is against this backdrop that ICPAK has organized this workshop. The following is the outline to be discussed during the workshop:

Continuous Professional Development Units (CPD Units):

Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.

Cost:
Charges for the training will be Kes 18,500/= which will cover course fees, materials, and e-certificates of attendance.

Target Audience:

This course will be useful to all professional Accountants and those aspiring to join the profession

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. 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 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 at marketing@icpak.com.

We encourage members to regularly visit www.icpak.com  for updates.