The 3rd East Africa Digital CPA Conclave

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September 14 @ 9:00 am - December 15 @ 3:30 pm

| Ksh 5000 Book Now

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
The 3rd East Africa Digital CPA Conclave – Recording
Theme: Driving change and efficiency through innovative technology
Date: 14th – 15th September 2022
Venue: Virtual
Time: 09.00am-03.30pm

OVERVIEW

The role of digital technologies, automation and data analytics is becoming increasingly important for finance professionals. These technologies present the opportunity to assist and develop roles and functions in the accountancy and finance industry. In other words, technology has revolutionized work methods as a result of which, the paper which was used as a substrate for writing the work upon it has now been replaced by an electronic substrate. The changes created by technology include the use of Blockchain, IoT (Internet of Things), Cloud Accounting and Big Data to do accounting in automated form. The rapid development of Technology and its extensive uses has prompted every organization to use new software which in turn has increase productivity.

Blockchain technology is slowly redefining the way financial records are kept by allowing secure shared access and updating of records by multiple users departing from the earlier approach of centralized custody for all financial records. The rise of cloud accounting technology has allowed the Accountancy profession to partner with the clients in ways that initially looked impossible. The emergence and development of technology are some of the critical arguments that support a paradigm shift in audit missions. The audit of the future is likely to have much less human-to-human interaction related to highly repetitive and rules-based tasks. Interface tools could be used to automatically share information in real time with the external auditor’s Artificial Intelligence (AI) tool(s), which in turn could analyze, test and flag anomalies or issues that require the auditor’s attention. However, technology also comes with a risk of cybersecurity which is not under the direct control of IT. To meet the market expectations, Audit professionals and Accountants will be forced to be digitally compliant in all operations but institute the cybersecurity mitigation measures.

The East African digital CPA conclave seeks to showcase how emerging technologies will improve the Accountancy Profession by covering the following topical areas.

  1. Changes in the accountancy profession due to emerging digital technologies
  2. The effect of automation and cloud-based technology affected competition and preparation of financial statements
  3. Implementation of effective remote working policies and procedures to enhance efficiency and productivity
  4. Implementation of robotics and Artificial Intelligence in various Accountancy Roles
  5. Use of Cloud Computing and Power BI systems to aid in decision making
  6. Emerging Cyber security threats and controls
  7. Overview of data protection policies and controls
  8. Critical milestones sin the journey of implementing an ERP system
  9. Utilizing automation and analytics in the audit practice
  10. Overview of the Integrated Financial Management Information System (IFMIS)
  11. Innovation in Tax Software- An overview of the iTax and Tax Invoice Management System (TiMS)

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the Webinar.

FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 5,000. 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.

Details

Start:
September 14 @ 9:00 am
End:
December 15 @ 3:30 pm
Cost:
Ksh 5000
Event Category:

Organizer

ICPAK

Other

CPD Hours
10
Associates Member Cost
Ksh 5,000
Full Member Cost
Ksh 5,000
Non Member Cost
Ksh 5,000
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
Email: icpak@icpak.com

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