WORKSHOP FOR ACCOUNTANTS IN LEARNING INSTITUTIONS AND HOSPITALS

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
WORKSHOP FOR ACCOUNTANTS IN LEARNING INSTITUTIONS AND HOSPITALS
Theme: Enhancing Financial Accountability & Compliance in Public Service Institutions
Date: 4th -6th March 2026
Time: 09.00am-03.30pm
Venue: Acacia Premier Hotel, Kisumu

OVERVIEW:

Learning institutions and hospitals operate in increasingly complex financial environments. They handle multi-source funding, strict regulatory demands, rapidly evolving accounting standards, digitization requirements, and heightened expectations for transparency and accountability. Accountants in these sectors face unique challenges, including:

• Ensuring compliance with public financial management (PFM) regulations,
• Managing restricted funds, grants, and donor-supported programs,
• Implementing IPSAS/IFRS-based reporting,
• Strengthening internal controls and audit readiness,
• Adopting digital and automated financial systems,
• Enhancing financial planning to support service delivery and institutional growth.

To address these capacity gaps, this workshop aims to upgrade the competencies of accountants from educational and health institutions, ensuring more efficient financial governance and improved institutional performance.

The following topics will be covered:

1. Regulatory & Compliance Frameworks

• Overview of applicable accounting standards (e.g., IPSAS, IFRS, INPAS) for education and healthcare institutions
• Differences in reporting requirements between public, private, and non-profit institutions
• Compliance with government funding, grants, and donor restrictions
• Audit readiness and responding to regulatory inspections

2. Financial Reporting & Transparency

• Best practices in financial statement preparation for schools and hospitals
• Segment reporting: academic programs, departments, clinical services, and cost centers
• Disclosure requirements for tuition revenue, patient service revenue, and subsidies
• Enhancing transparency for boards, regulators, donors, and the public

3. Revenue Recognition & Funding Models

• Accounting for tuition fees, scholarships, and deferred revenue
• Patient billing, insurance claims, and third-party reimbursements
• Grants, endowments, donations, and restricted funds
• Government funding and performance-based financing

4. Cost Accounting & Budgeting

• Cost allocation methodologies for departments, faculties, and clinical units
• Activity-based costing in hospitals and educational institutions
• Budget preparation, monitoring, and variance analysis
• Managing rising operational costs while maintaining service quality

5. Asset Management & Capital Accounting

• Accounting for buildings, medical equipment, laboratories, and IT infrastructure
• Depreciation, impairment, and asset revaluation
• Capital projects, donor-funded assets, and lease accounting
• Maintenance costs vs. capital expenditures

6. Internal Controls & Risk Management

• Designing effective internal control systems
• Fraud risks in tuition collection, billing, procurement, and payroll
• Segregation of duties and authorization controls
• Risk assessment and mitigation strategies

7. Technology & Digital Reporting

• Financial management information systems (FMIS) for schools and hospitals
• Integration of accounting systems with student and patient management systems
• Automation of reporting and reconciliation processes
• Data security, privacy, and access controls

8. Performance Measurement & Financial Sustainability

• Key financial and operational performance indicators
• Linking financial data with educational and healthcare outcomes
• Long-term financial sustainability and cash flow management
• Scenario planning and stress testing

9. Governance, Ethics & Accountability

• Roles of boards, finance committees, and management
• Ethical issues in financial reporting and resource allocation
• Accountability to students, patients, donors, and the public
• Managing conflicts of interest

10. Office of Auditor General feed backs on audit of learning institutions and hospitals

TARGET AUDIENCE

This workshop targets Accountants in learning Institutions and Hospitals in the public and private sectors.

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all workshop sessions.

FINANCIAL COMMITMENT:

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.

ONLINE BOOKING:

We call on seminar participants to note that booking is available only online at www.icpak.com/events.

Delegates are reminded to note that online booking for training sessions is MANDATORY.   This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone-based application that is available from google store.

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 +254 719 074 100,  or via email to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.