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X-ORIGINAL-URL:https://www.icpak.com
X-WR-CALDESC:Events for ICPAK
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TZID:Europe/Moscow
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TZOFFSETFROM:+0300
TZOFFSETTO:+0300
TZNAME:MSK
DTSTART:20260101T000000
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BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260305T090000
DTEND;TZID=Europe/Moscow:20260306T153000
DTSTAMP:20260411T190940
CREATED:20260112T062859Z
LAST-MODIFIED:20260306T073841Z
UID:10003375-1772701200-1772811000@www.icpak.com
SUMMARY:PFM and IPSAS Accrual Seminar–Central Rift Branch
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nPFM and IPSAS Accrual Seminar – Central Rift Branch\nDate: 5th – 6th March 2026\nTime: 09.00am-03.30pm\nVenue: Nyahururu-Panari Hotel \nOverview \nPublic Financial Management (PFM) is fundamental to transparency\, accountability\, and the efficient use of public resources. It encompasses key processes such as budgeting\, planning\, and resource allocation\, which form the foundation of sound financial governance in the public sector. A strong PFM framework supports informed decision-making\, enhances public trust\, and aligns financial management with national development priorities. \nThe global shift from cash-based to accrual-based accounting\, guided by International Public Sector Accounting Standards (IPSAS)\, has significantly improved the quality and credibility of public sector financial reporting. Accrual accounting provides a comprehensive view of an entity’s financial position by recognizing assets\, liabilities\, revenues\, and expenses when they occur. Understanding the concepts\, objectives\, and practical implications of IPSAS accrual is essential for strengthening accountability and long-term financial planning. \nIn an accrual environment\, budgeting\, financial planning\, and internal controls assume greater importance. The integration of accrual information into budgeting and performance monitoring enhances resource management\, while effective internal controls and audit considerations support compliance and risk management. Experience and best practices from entities that have implemented IPSAS accrual provide valuable insights into addressing common implementation challenges. \nThe application of IPSAS accrual standards is supported by appropriate tools\, systems\, policies\, and continuous capacity building. Robust accounting systems\, clear policy frameworks\, and technical guidance enable consistent and sustainable adoption of accrual accounting\, contributing to improved financial governance\, transparency\, and professionalism in the public sector. \nThe following topics will be covered: \n\nPrinciples of Public Finance Management (PFM) in Kenya\n\n\nOverview of the legal\, institutional\, and governance framework underpinning public finance management.\n\n\nBudget Preparation\, Execution\, and Financial Planning in Kenya’s National and County Governments\n\n\nBudget cycle and preparation processes at national and county governments\nBudget–procurement linkage and cash flow management\nZero-based and performance-based budgeting in Kenya\nUse of performance indicators to enhance efficiency and accountability\n\n\nPublic Procurement and Payment for Goods and Services\n\n\nPending Bills\nProvisions relating to County Governments\nEffects of non- compliance with requirements\n\n\nFoundations of IPSAS Accrual Accounting \n\n\nIntroduction to IPSAS Accrual. \nAccrual vs. Cash-Based IPSAS Standards \nObjectives\, scope\, and benefits of transitioning from cash to accrual basis IPSAS \n\n\nIPSAS 33: First-Time Adoption of IPSAS Accrual Basis \nIPSAS 24 presentation of budget information in financial statements \n\n\nRequired disclosures \nComparison of budget and actual amounts \nMaterial differences\n\n\nIPSAS 39: Employee Benefits\n\n\nDifferences between IPSAS 39 & IPSAS 25\nRecognition and Measurement of Employee Benefits obligation\nValuation of Benefits at Fair Value\nTermination Benefits\nEmployee Benefit Liabilities and their impact on Public Sector Finances\n\n\nDisclosure\, Transparency\, and Accountability under IPSAS Accrual\n\nTarget Audience: \nThis workshop will be useful to all professional Accountants and those aspiring to join the profession. \nContinuous Professional Development Units (CPD UNITS):\nMembers of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop. \nFinancial Commitment:\nThe workshop charges are Kes. 10\,000. Charges will cater for the workshop fees\, learning materials\, and e-certificates of attendance. \nOnline Booking:\nRegistration: Delegates are reminded to note that online booking for the workshop is mandatory Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory. \nNational Industrial Training Authority (NITA) Reimbursement:\nThe 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) \nFurther requests can be channeled to us via telephone calls on\, +254 0723 920829\,  or via email to Henry Ngetich   at henry.ngetich@icpak.com with a copy to memberservices@icpak.com \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/pfm-and-ipsas-accrual-seminar-central-rift-branch/
LOCATION:Nyahururu\, Panari Hotel
CATEGORIES:Branch Seminars
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BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260305T090000
DTEND;TZID=Europe/Moscow:20260306T153000
DTSTAMP:20260411T190940
CREATED:20260113T081421Z
LAST-MODIFIED:20260223T135838Z
UID:10003377-1772701200-1772811000@www.icpak.com
SUMMARY:PFM and Emerging Tax Issues Seminar Eastern Branch
DESCRIPTION:THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountant Act\, Laws of Kenya) \nPFM and Emerging Tax Issues Seminar Eastern Branch\nDate: 5th -6th March 2026\nTime: 09.00am-03.30\nVenue: Kyaka Hotel- Machakos \nOverview \nThis seminar\, organized by the Institute of Certified Public Accountants of Kenya (ICPAK)\, aims to improve understanding of the relationship between PFM reforms and the implementation of IPSAS accruals. During the event\, insights and experiences in accrual accounting\, particularly in the public sector\, along with the attendant challenges\, will be shared. \nPublic Financial Management (PFM) is an important element in promoting financial discipline\, transparency\, and accountability in public fund management. Managing public funds using PFM best practices ensures efficient budgeting\, accurate financial statement reporting\, and informed decision-making\, thereby improving public-sector management and service delivery. More recent efforts to improve PFM have increasingly used accrual-based accounting systems to enhance the relevance and accuracy of financial reports. \nThe adoption of International Public Sector Accounting Standards (IPSAS) on an accrual basis is a major milestone in public-sector financial reporting. IPSAS Accrual provides a framework for recognizing\, measuring\, and reporting assets\, liabilities\, revenues\, and expenses\, enabling a clearer picture of the financial position and performance. Although IPSAS Accrual is widely recognized for its benefits\, it is highly technical and demanding to implement. \nThe objective of the PFM and IPSAS Accrual seminar is to build capacity for professionals in the public finance community by enhancing their knowledge of PFM systems and how IPSAS Accrual is applied in practice. The seminar aims to examine all necessary dimensions\, both theoretical and operational\, for successful implementation. The participants are expected to have improved knowledge of PFM structures and processes\, a deeper understanding of the application of the IPSAS Accrual standard\, and greater insight into common implementation-related challenges. The participants will also be able to make efforts to improve the quality of financial reporting\, accountability\, and public-sector financial management. \nThe following topics will be discussed during the seminar: \nPublic Financial Management Frameworks and Reform Agenda\n• Objectives and key pillars of PFM\n• Integration of budgeting\, accounting\, reporting\, and oversight \nIntroduction to IPSAS Accrual Accounting\n• Conceptual foundations and principles of accrual accounting\n• Comparison between cash-based and accrual-based accounting \nTransition to IPSAS Accrual\n• Implementation strategies and phased approaches\n• Institutional and systems readiness \nAccounting for Assets and Liabilities in the Public Sector\n• Recognition and Measurement of public infrastructure and heritage assets\n• Treatment of liabilities\, provisions\, and contingent items \nFinancial Reporting and Disclosures under IPSAS Accrual\n• Components of accrual-based financial statements\n• Enhanced disclosure requirements and accountability \nImplementation Challenges and Practical Considerations\n• Data\, valuation\, and capacity constraints\n• Change management and stakeholder engagement \nOversight\, Audit\, and the Role of Professional Accountants\n• Assurance and compliance expectations\n• Supporting sustainable PFM and IPSAS reforms \nTarget Audience: \nThis seminar will be useful to professionals in Spheres. \nYour Financial Commitment \nCharges for the training will be Kes 10\,000/= which will cover workshop fees\, materials\, and e-certificates of attendance. \n CPD Units \nMembers of ICPAK and reciprocating professional bodies will be awarded 14 CPD Units upon successfully attending all sessions. \n Online Booking: \nWe 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.   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. \n National Industrial Training Authority (NITA) Reimbursement:\nThe 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) \nFurther requests can be channeled to us via telephone calls on\, +254 0787400550\,  or via email to David Mutiso    at David.Mutiso@icpak.com with a copy to memberservices@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/pfm-and-emerging-tax-issues-seminar-eastern-branch/
LOCATION:Kyaka Hotel\, Machakos
CATEGORIES:Branch Seminars
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BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260318T090000
DTEND;TZID=Europe/Moscow:20260319T153000
DTSTAMP:20260411T190940
CREATED:20260113T104423Z
LAST-MODIFIED:20260310T063324Z
UID:10003379-1773824400-1773934200@www.icpak.com
SUMMARY:Audit Quality Assurance and compliance with ISAs - Western Branch (mandatory training)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nAudit Quality Assurance & compliance with ISAs- Western Branch  (Mandatory Training)\nDate: 18th – 19th March 2026\nTime: 9.00am-3.30pm\nVenue: Sosa Hotel\, Vihiga\n(This is one of the mandatory trainings for Practicing Certificate consideration) \nOverview \nHigh quality audits are essential for strengthening governance\, enhancing accountability\, safeguarding resources\, and ensuring compliance with established standards and regulations. In an evolving regulatory environment characterized by increasing stakeholder expectations\, heightened scrutiny\, and rapid changes in audit methodologies organizations must continuously improve their audit practices. \nHowever\, many audit units face challenges such as inconsistent application of standards\, inadequate review mechanisms\, limited exposure to emerging audit trends\, and gaps in documentation and evidence-gathering practices. These issues may compromise the credibility\, reliability\, and value of audit reports. \nThe workshop aims to build the capacity of auditors\, audit supervisors\, and managers to apply quality assurance principles\, adopt best practices\, and enhance the overall effectiveness of the audit function. \nThe following topics will be covered: \n1. Firm-Level Quality Management Systems (ISQM 1 & 2)\n• Practical implementation of Quality Management Systems at the firm and engagement partner level\, focusing on leadership responsibility\, engagement quality reviews\, monitoring\, and continuous improvement. \n2. Engagement Level Quality- ISA 220 (Revised)\n• The engagement partner and engagement team’s responsibilities for quality management for an audit of financial statements. \n3. ICPAK\, AQA reviews findings and remedial actions.\nRegulatory Expectations\, Inspections & Practice Review Readiness\, Preparing practitioners for ICPAK and external regulator inspections through proactive quality controls\, common inspection findings\, remediation strategies\, and sustainable compliance approaches. \n4. IESBA on quality considerations: high-quality service delivery\n• International Code of Ethics for Professional Accountants\n• International Ethics Standards for Sustainability Assurance (IESSA).\n• The IESBA’s focus on quality management key areas: Fundamental Principles\, Integrity\, Objectivity\, Professional Competence and Due Care\, Confidentiality\, Professional Behavior \n5. Application of ISA 230\, 580\, 560\, 570 i.e documentation and Audit evidence.\n6. Application of ISA 260 and 265 communications during audit.\n7. Application of ISA 315 Identifying and Assessing the risk of material misstatement through understanding the entity and its environment. \nTarget Audience: \nThis workshop will be useful to all professional Accountants and those aspiring to join the profession. \nContinuous Professional Development Units (CPD UNITS):\nMembers of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop. \nFinancial Commitment:\nThe workshop charges are Kshs. 10\,000. Charges will cater for the workshop fees\, learning materials\, and e-certificates of attendance. \nOnline Booking:\nRegistration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory. \nNational Industrial Training Authority (NITA) Reimbursement:\nThe 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) \nFurther requests can be channeled to us via telephone calls on\, +254 0729170478\,  or via email to Linet Andeyo  at linet.andeyo@icpak.com with a copy to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/audit-quality-assurance-and-compliance-with-isas-western-branch-mandatory-training/
LOCATION:Sosa Cottage\, Vihiga\, Vihiga\, Kenya
CATEGORIES:Branch Seminars,Mandatory Trainings
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