THE FINANCIAL MANAGEMENT SEMINAR FOR MARITIME & LOGISTICS SECTOR

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November 14 @ 9:00 am - November 16 @ 4:00 pm

PLEASE NOTE THAT THIS SEMINAR HAS BEEN RESCHEDULED TO A LATER DATE.

THE FINANCIAL REPORTING SEMINAR FOR MARITIME & LOGISTICS SECTOR

 

1.0. Overview

The Maritime and Logistics Sector is wide and encompasses industries dealing with road, rail and air. These play a crucial role in the country’s economy as they determine the ease of flow of commodities for trade such as energy, mineral resources, food resources among other key economic products. The effectiveness and efficiency of this sector has the capacity to integrate a country’s businesses into the global scene and significantly impact the economy.

The Kenya government targets to grow the country’s manufacturing sector to 15% of GDP by 2022, an ambitious target that can nevertheless be realized with the streamlining of the maritime and logistics sector. For instance, the ports can facilitate the movement of commodities for export both regionally and internationally while allowing in raw materials for use in manufacturing quality products for local consumption. Rail, particularly the SGR, can further reinforce the efficient and affordable movement of commodities within the country, opening markets and supplying input for manufacturing.

Like many other significant sectors, maritime and logistics landscape is dynamic; presenting both opportunities and challenges. Notable recent events in the sector includes the disruptions resulting from SGR,  rise of competition from neighboring Tanzania, implementation of a 20% withholding tax on demurrage charges to foreign organizations, complexities in licensing procedures  and persistent counterfeit and illicit trade, among others.

On the backdrop of challenging economic times, the Financial Reporting Seminar for Maritime & Logistics Sector will seek to provide delegates with a platform for exchange of ideas as well as engagement with industry experts towards improved performance. Some of the topics that will be covered are:

  • Blue Economy Development – Updates and Outlook for Kenya
  • Cost Management in Maritime and Logistics Sectors
  • Sector Trends and Disruptions
  • Effective Leadership and Governance in the Sector
  • Taxation and other Statutory Compliance for the Sector
  • Investing in the Blue Economy – Tourism, Maritime Transport, Aquaculture & Renewable Energies
  • An Overview of international financial reporting standards affecting the Maritime and Logistics sector- IFRS 15 – Revenue; IFRS 16 – Leases; IAS 16 – Plant, Property and Equipment
  • Link between Academia and the Shortage of Skilled Workforce; Why the Gap?

2.0  Target Audience

The conference will be tailored to Finance and Accounting professionals from the private and business sector, Public Sector, Environmentalists, the Academia, Monitoring & Evaluation Experts, Accounting and Strategy Consultants.

3.0  Event Booking

Kindly note that booking for is available either online at www.icpak.com/events. Delegates are urged to book early for convenience.

4.0  Seminar Charges:

 Category Charges
Associate Members/ Students KShs. 35, 950
Members KShs. 40, 950
Non Members KShs. 45, 950

 5.0  Continuous Professional Development Units

Members of ICPAK and other reciprocating professional bodies will earn 20 CPD units upon successfully attending this seminar.

6.0  National Industrial Training Authority (NITA) Reimbursement

The Institute is registered as a trainer with National Industrial Training Authority (formerly Department of Industrial Training -DIT). 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 ).

For more information or enquiries please call +254723 352476/ +254719 074100/129 and talk to Joy Wanyonyi, email to joy.wanyonyi@icpak.com or visit www.icpak.com. For Exhibitions and partnerships, please talk to Raphael Nguli on the above lines or email raphael.nguli@icpak.com

Details

Start:
November 14 @ 9:00 am
End:
November 16 @ 4:00 pm
Event Category:

Organizer

ICPAK
Website:
icpak.com

Other

CPD Hours
20
Associates Member Cost
Ksh 35,950
Full Member Cost
Ksh 40,950
Non Member Cost
Ksh 45,950
Event Type
Conference
Status
Closed

Venue

NAIVASHA, TBC
Naivasha, Naivasha, Kenya
+ Google Map
Phone:
+254 727 531006
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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

Alternative Lines
Tel: +254 (0) 20 2304226, 2304227

Mobile: +254 719 074 000, +254 (0) 727 531006 / 733 856262 / 721 469796/ 721469169

Email: icpak@icpak.com

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