THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
SMP Compliance Toolkit Workshop
Theme: Identifying and Overcoming Inherent Challenges in Small & Medium Audit Practices
Date: 16th July 2019
Venue: Crowne Plaza Hotel – Nairobi
Time: 8.30am to 4pm
It is always very exciting to start up and grow a business especially in the area of your professional competence. Accountancy is one such a profession. However, in the recent past, Auditing and Assurance services have been facing a number of challenges hence leading to a slow growth in number and members keen to becoming practitioners. This is more so after the passing of the new Companies Act 2015 that raised the bar for audit requirement. Most members start small firms characterized by inherent challenges and bottlenecks detrimental to growth.
ICPAK is committed to supporting and building new and emerging Small and Medium Practices in the country through provision of market driven training to the SMP Practitioners. Such challenges may include lack of practical experiences, poor and insufficient quality of professional staff and unethical business practices within the profession.
This one-day forum has been organized to induct new and upcoming practitioners in Small & Medium sized firms on matters that affect practice development. The forum will facilitate knowledge sharing, networking and exchange of ideas among audit and accounting practitioners in order to enable them acquire in-depth knowledge and skills in diverse areas of SMP development.
Some of the areas to be covered include:
- ICPAK Code of Ethics for Professional Accountants
- ICPAK Audit Firm Management Guide
- ISQC 1
The forum intends to deliver and enhance business oriented technical and professional guidelines to independently and satisfactorily grow an audit practice by;
- Identifying, Discussing and Synthesizing basic ideas/tools required by practice firms and staff therein.
- Understanding and appreciating market dynamics and the regulatory environment;
- Attaining confidence to systematically serve clients of varying sizes, complexities and sectors.
2.0 Target Audience
Aspiring and Current Audit Practitioners, Accounting Service Providers, interim managers, associate directors, Partners in Small Audit Firms, Staff in Audit Firms, Members and Associate members.
The Charges will cover workshop materials, meals, and e-certificates of attendance is as provided under;
4.0 Continuous Professional Development Units
Members of ICPAK and those from other reciprocating professional bodies will earn 7 CPD units upon successfully attending all sessions.
5.0 Dress Code
- The workshop dress code is Business Formal or Business Professional
6.0 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).
7.0 Sponsorships, Partnership Opportunities & Additional Information
This seminar presents a unique opportunity for brand positioning and communication that will enjoy optimal visibility before potential targeted customers. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship opportunities range from item sponsorships, exhibitions, advertising and sub-event sponsorship within the major event. Those interested in sponsoring the event can reach us through firstname.lastname@example.org
Further requests can be channeled to us via telephone calls on +254 719 074000/311 or via email to: email@example.com with a copy to: firstname.lastname@example.org
We encourage members to regularly visit our website www.icpak.com for updates.