INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
THE 6th C-SUITE SEMINAR
Theme: Institutional Sustainability – Towards Inclusive Policies
Date: 29th October to 1st November 2019
Venue: Courtyard by Marriott, Central Park, Rome – Italy
Current corporate sustainability strategies are limited to society and the environment. As a result, they may become redundant over time. In the 21st century, sustainability has been influenced by various factors occurring globally hence increasing the reach of factors hindering sustainability. Global warming and climate change, overpopulation, decreasing natural resources and fuels, scarcity of water, and raw materials are problems that the business community must address as the situation continues to escalate. Advances in technology continue to play a critical role in transforming how societies live and work. The gig economy has exploded in the recent past, keeping millions out of traditional forms of employment in offices. E-commerce has transformed the market place, offering convenience, and reducing costs of operations. Sustainability issues for the 21st-century businesses are dynamic; hence, the need to develop and implement innovative strategies to avoid extinction. This seminar is enriched with a combination of core topics that are crucial to sustainable development in organizations regardless of the sector.
B. About the Theme and Host City-Rome
Sustainable growth cannot materialize in isolation as it must include respect for the environment and society. The concept of de-linking economic growth from the community and the environmental factors can lead to adverse effects. Ancient Roman history provides insight into how chaos can occur as well as how it can be avoided. The Roman Empire lasted for over five centuries because they developed simple institutions that could quickly adapt to change and challenges, including aristocrats, external conflicts, and the large populations under Roman rule. Despite the numerous tensions experienced in the empire, the Romans were bonded by the values they shared of honor through public service and commitment to their perceptions of a universal and greater good. The Roman Empire was faced with ancient globalization, corruption, disease, politics, climate change, and violence. Despite the vast territory that the Roman Empire controlled the city of Rome fell for one main reason because they failed the sustainability test. The city fell due to political polarization as a result of economic inequality, breakdown of social norms and the repudiation of the common good by the wealthy and affluent member of the society.
In the 21st century, it is imperative that organizations learn from the lessons of Ancient Rome as the case study asserts the importance and urgency of sustainable development objectives namely shared prosperity, peace, end to poverty and protection of the environment.
C. Who Should Attend?
The seminar is ideal for mid-level and high-level executives including; Chief Executives, Managing Directors, Chief Managers, Heads of Departments, Senior Managers, Chief Finance Officers, Chief Operations Officers, Chief Information Officers, Management Consultants, and Accounting Officers of Government Units and entities.
4.1 21st Century Sustainability
In the last decade, sustainability has become a significant concern hence the need for organizations to develop and implement strategies that are innovative and apply creativity to fit with business models currently in use. The success of sustainability is hindered by the focus on the elimination and management of physical and present risk factors that can assist in the enhancement of organizational efficiency. The strategies are indeed effective in the short term, but in the long run, they are a significant risk to the organization hence the need to develop strategies that can overcome the test of time.
4.2 Disruptive Innovations and implications for accounting and business
Today, the world cannot survive without technology as it has been applied in all sectors, including medicine, business, hospitality, banking, human resources, and management. There an organization that fails to invest in modern technologies is gradually walking towards the path of alienation. The core of sustainable development requires the ability and willingness to harness the benefits created by advanced techniques to improve the quality of life for present and future generations. Technological advances in the last decade have played a critical role in changing the business environment. The society relies more on technology than ever before as it offers a wide variety of benefits. Organizations that are resistant to change and are not willing to invest in innovative technologies have started to feel the pinch as they are unable to operate efficiently. Also, technological advances create numerous issues for the organization, hence the need to create a balance for the benefit of all stakeholders.
4.3 The Art of Executing Strategy
Leaders in the recent past have focused more on strategy at the expense of tactics. Expectation gap emanates from unfulfilled strategies and plans often reflected in reports inform of poor performance or glorious budgets with minimal implementation. There is thus a need to explore the execution and chart a way to ensure what has been imagined ends up being, or a better version is laid down.
4.4 Global Sustainability Goals
The global community has outlined sustainable development objectives, which are interrelated and are focused on eliminating alleviating, improving the quality of life through food safety and employment. Reducing equalities and providing access to essential services to enable global societies to sustain themselves. The global sustainability goals directly or and indirectly affect the business environment hence the need for organizations to develop strategies that support the sustainability of the global society as well as the organization.
4.5 Decentralized Finance: An Emerging Alternative to the Global Financial System
The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building tools become more accessible to the rest of the global population? Luckily, technological developments and their rapid adoption make this the right time for a new decentralized financial system to emerge:
- The Internet: 3.9 billion users by the end of 2018
- The proliferation of smartphones: Two-thirds of the unbanked have mobile phones
- Digital banking: over 2 billion users by end of 2018
- Bitcoin and Blockchain: the emergence of new public blockchains
Decentralized finance describes a new decentralized financial system that is built on public blockchains like Cryptocurrency, Bitcoin and Ethereum. After all, Bitcoin and Ethereum aren’t just digital currencies — they’re foundation open source networks that could be used to change how the global economy works.
4.6 Understanding Human Nature for Leadership
Emotional intelligence, maximization of human potential, connecting with the work team or unlocking the human capital within the organization; these attributes are often the difference between a team and “The Team.” Evaluation and learning of human nature is essential to success in leading teams.
4.7 The CFOs Open Forum (PANEL DISCUSSION)
Italy as an emerging market: an opportunity for international investors looking for high returns
The business environment has encountered numerous changes, and their multiple factors influencing consumer trends and needs. As concerns of global sustainability continue to increase the global markets are experiencing shifts with the rise of sustainability-conscious customers. This panel session will interrogate the concerns and priorities of the CFO today in light of the challenges, opportunities and way forward.
E. Your Financial Commitment
The seminar charges are as follows:
|Early Bird Rate
Booking & Payment on or before 15/10/2019
Booking & Payment/LSO/LPO received after 15/10/2019
|Kenyan based Members/ACCA Members and IFAC PAOs||Ksh. 155,000||Ksh. 160,000|
|Non-members||Ksh. 165, 000||Ksh. 170,000|
|International Delegates||USD 1660||USD 1710|
The charges above cover seminar fees, writing materials, meals, gala dinner and certificates of participation. Please note you are required to cater for own transport and accommodation.
F. Installment Payments
Delegates may pay in consecutive monthly installments using the applicable fees. Applicable fees are dependent on when the first installment is received, and full seminar fees must have been paid by end of the respective booking periods, in this case 15/10/2019 and 25/10/2019; for early bird and normal registration respectively.
G. Travel Information (VERY IMPORTANT)
Kenyan delegates will require VISA to enter Italy. However, yellow fever & Polio certificate and hotel booking are essential for a smooth travel. Evidence of Hotel booking may be necessary at the point of entry. You are also advised to carry some cash in globally acceptable currency. For non-Kenyan delegates, please enquire with your embassy on the travel requirements; need be, the Institute will furnish you with an invitation letter for your VISA processing.
For invitation and VISA letter, kindly email email@example.com
H. National Industrial Training Authority (NITA) Reimbursement for Kenyan Delegates
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Kenyan 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).
I. Online Booking and more information
We call on seminar participants to kindly note that booking for the C- Suite Seminar MUST be done online before 15/10/2019. Online booking can be done at https://www.icpak.com/event-registration/ For more information or enquiries please email firstname.lastname@example.org with a copy to Brenda.email@example.com or visit our website on https://www.icpak.com/event/the-c-suite-seminar-2/
The International C-Suite presents a good opportunity for organizations to market and/or sell their products and services to a target group with high purchasing powers, both on personal and corporate levels. Sponsorship opportunities range from item sponsorships, exhibitions, advertising and sub-event sponsorship within the major event. For more information or enquiries please email firstname.lastname@example.org
Historic Site Visits & Shopping
More details on planned site visits and the associated costs will be shared in due course.