PLEASE NOTE THAT THIS SEMINAR HAS BEEN RESCHEDULED TO A LATER DATE.
THE FINANCIAL REPORTING SEMINAR FOR MARITIME & LOGISTICS SECTOR
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:
|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 email@example.com or visit www.icpak.com. For Exhibitions and partnerships, please talk to Raphael Nguli on the above lines or email firstname.lastname@example.org