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BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260713T090000
DTEND;TZID=Europe/Moscow:20260717T153000
DTSTAMP:20260626T002140
CREATED:20260103T222648Z
LAST-MODIFIED:20260624T115919Z
UID:10003313-1783933200-1784302200@www.icpak.com
SUMMARY:THE IFRS MASTER CLASS 2026 (Mandatory Training)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nTHE IFRS MASTER CLASS 2026 (Mandatory Training) \nTheme: Navigating the Complexities of Internal Financial Reporting Standards \nDate: 13th -17th July 2026\nTime: 09.00am-03.30pm\nVenue: Radisson Blu Hotel Nairobi \nThis is one of the mandatory trainings for Practicing Certificate consideration \nOVERVIEW \nThe global financial reporting landscape is undergoing significant transformation driven by heightened expectations for transparency\, comparability\, and the integration of sustainability information into mainstream reporting. In response\, the IFRS Masterclass is designed as an intensive programme aimed at strengthening technical competence in both financial and sustainability reporting frameworks\, while enhancing professional judgement in complex reporting environments. \nThe programme provides a comprehensive coverage of key International Financial Reporting Standards (IFRS)\, emerging sustainability disclosure requirements\, and specialised reporting frameworks. It equips participants with practical skills to interpret\, apply\, and critically evaluate financial reporting standards in a manner that supports high-quality\, decision-useful financial information. \nCore financial reporting areas include IFRS 18 on Presentation and Disclosure in Financial Statements\, IFRS 7 on Financial Instruments Disclosures\, IAS 24 on Related Party Disclosures\, and IAS 29 on Financial Reporting in Hyperinflationary Economies. These topics strengthen participants’ ability to enhance disclosure quality\, improve transparency in financial instruments\, and address the impact of economic volatility on financial reporting. \nThe Masterclass also delves into IFRS Sustainability Disclosure Standards\, with a focus on IFRS S1 and IFRS S2. Participants will explore the selection and reporting of sustainability metrics and targets\, scenario analysis\, greenhouse gas (GHG) accounting\, and the integration of climate-related risks into strategic and financial decision-making. This ensures alignment with global and local ESG reporting expectations and emerging investor demands. \nSpecialised technical areas are also covered\, including IFRS 16 on Leases\, with emphasis on recognition\, measurement\, and disclosure of right-of-use assets and lease liabilities. In addition\, participants are introduced to the International Non-Profit Accounting Standards (INPAS)\, including their structure\, applicability\, and relationship with IFRS and IPSAS frameworks\, particularly within the non-profit reporting environment. \nFurther technical depth is provided through IFRS 5 on Non-current Assets Held for Sale and Discontinued Operations\, IFRS 17 on Insurance Contracts\, and IAS 26 on Accounting and Reporting by Retirement Benefit Plans. These standards address advanced issues relating to classification\, measurement\, actuarial assumptions\, and disclosure requirements in specialised reporting contexts. \nThe programme concludes with applied insights drawn from financial reporting review outcomes\, highlighting common compliance gaps and emerging trends in practice. This is complemented by a practical session on investing in the stock exchange. \nKey Topics \n\n\n\nDAY\nMODULE\nTOPICS\n\n\n\n\nDAY 1\nA.   IFRS 18: Presentation and Disclosure in Financial Statements\n·         Introduction to IFRS 18 \n·         Objective and Scope of IFRS 18 \n·         Presentation of Financial Statements \n·         Disclosure Requirements \n·         Impact of IFRS 18 on financial reporting \n·         Challenges and best practices in implementing IFRS 18\n\n\nB.   IFRS 7 – Financial Instruments: Disclosures\n·         Risk disclosures (credit\, liquidity\, and market risks). \n·         Fair value hierarchy and sensitivity analysis. \n·         Importance of transparency in financial instruments reporting\n\n\nC.   IAS 24 (Related Party Disclosures) & IAS 29 Financial Reporting in Hyperinflationary Economies \n \nIAS 24 Related Party Disclosures \n·         Identification of related party relationships \n·         Related party transactions and balances \n·         Key management personnel disclosures \n·         Measurement and disclosure considerations \n·         Compliance and transparency requirements \nIAS 29 Financial Reporting in Hyperinflationary Economies \n\nIdentification of hyperinflationary economies\nRestatement of financial statements in terms of current purchasing power\nMonetary vs non-monetary items treatment\nGain or loss on net monetary position\nUse of general price index and consistency in application\n\n\n\n\nDAY 2\nD.   IFRS S1(Metrics & Targets): Selecting and Reporting Sustainability Metrics\n·         Principles for selecting appropriate metrics \n·         Industry-based disclosures and use of SASB standards \n·         Quantitative vs qualitative metrics \n·         Data sources\, assumptions\, and estimation uncertainty \n·         Transition planning\n\n\nE.     IFRS S2: Scenario Analysis\n·         Purpose and Benefits of Scenario Analysis \n·         Types of Scenarios \n·         Resilience Assessment \n·         Integration into Strategic Planning \n·         Disclosure Expectations under IFRS S2 \n·         Governance of Scenario Analysis \n·         Challenges and Best Practices\n\n\nF.   IFRS S2: GHG Accounting\n·         Cross-industry climate metrics \n·         Introduction to GHG Emissions \n·         Climate-Related Financial Risk and GHG Emissions \n·         GHG disclosure \n·         GHG key concepts \n·         GHG measurements \n·         Disaggregation of GHG emissions.\n\n\nDAY 3\nG.   IFRS 16 – Leases\n·         Lease identification and definition (right-of-use model) \n·         Initial recognition of lease liability and right-of-use asset \n·         Measurement: discount rates and lease term determination \n·         Subsequent measurement and remeasurement triggers \n·         Presentation and disclosure requirements\n\n\nH.   The Global Non-Profit Reporting Landscape & Introduction to INPAS\n·         Unique characteristics of NPO financial reporting \n·         Limitations of existing frameworks \n·         Definition of Non-profit organisations \n·         Scope and applicability of INPAS \n·         Key principles underpinning the standards \n·         Comparison with IFRS and IPSAS.\n\n\nI.     Structure and Key Components of INPAS\n·         Structure of INPAS \n·         Financial statements required under INPAS: \no   Statement of Financial Position \no   Statement of Income and Expenses \no   Statement of Cash Flows \no   Statement of Changes in Net Assets \n·         Compliance with INPAS \n·         Narrative reporting requirements\n\n\nDAY 4\nJ.    IFRS 5- Non-current Assets Held for Sale and Discontinued Operations\n·         Classification criteria for held-for-sale and discontinued operations \n·         Measurement at lower of carrying amount and fair value less costs to sell \n·         Cessation of depreciation and amortisation \n·         Separate presentation in statement of financial position and profit or loss \n·         Disclosure of results and cash flows from discontinued operations\n\n\nK.   IFRS 17 – Insurance Contracts \n \n·         Identification and scope of insurance contracts \n·         Measurement models (GMM\, PAA\, VFA) \n·         Fulfilment cash flows and risk adjustment \n·         Contractual service margin (CSM) recognition and release \n·         Presentation and disclosure of insurance revenue and liabilities \n·         Emerging issues\n\n\nL.    IAS 26- Accounting and Reporting by Retirement Benefit Plans\n·         Plan classification and benefit obligation measurement basis \n·         Fair value measurement of plan assets and valuation techniques \n·         Actuarial assumptions and present value of defined benefit obligations \n·         Surplus/deficit determination and funding status \n·         Financial statements structure and disclosure of actuarial information\n\n\nDAY 5\nM.  FiRe Award feedback\n·         Key areas of non-compliance \n·         Future trends in financial reporting\n\n\nN.   Investing in the Stock Exchange\n·         Investing in the Stock Exchange\n\n\n\nTARGET AUDIENCE \nICPAK Members \,Accountants  \,Members of Boards in public and private corporations\, Chief Finance Officers\, Finance Directors and Managers\, Private and Public Audit Practitioners\, Public Sector Accountants\, Transaction Advisors\, Engagement Partners and Key Audit staff\, Banking\, Financial services sector Accountants\, Internal Auditors\, Tax Practitioners\, Professionals working in Government and private sectors\, Accountants in Academia\, current and potential members of ICPAK\, members of other professional associations. \nYOUR FINANCIAL COMMITMENT \nThe seminar charges are Ksh 95\,000 per delegate for both members and non-members. \nCPD UNITS \nMembers of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions. \nNITA REIMBURSEMENT  \nThe Institute is registered as a trainer with the National Industrial Training Authority (NITA) 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. To qualify you should apply to NITA for approval prior to the date of the seminar \nFurther requests can be channeled to us via telephone calls on +254 719 074 100\,  or via email to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/the-ifrs-master-class-2026-mandatory-training/
LOCATION:Radisson Blu Hotel\, Radisson Blu Hotel\, Nairobi\, Kenya
CATEGORIES:Local Seminars
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260715T090000
DTEND;TZID=Europe/Moscow:20260717T153000
DTSTAMP:20260626T002140
CREATED:20260103T212839Z
LAST-MODIFIED:20260615T143705Z
UID:10003310-1784106000-1784302200@www.icpak.com
SUMMARY:INSURANCE AND BANKING SECTOR CONFERENCE (physical option)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under Accountants Act\, Laws of Kenya) \nINSURANCE & BANKING SECTOR CONFERENCE\nTheme: Driving Financial Resilience\, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector\nDate: 15th -17 July 2026\nTime: 09.00am-03.30pm\nVenue: Enashipai Resort & Spa\, Naivasha \nOVERVIEW \nThe banking and insurance sectors remain key pillars of Kenya’s economic growth and financial stability. However\, the operating environment continues to evolve rapidly due to changing regulatory requirements\, economic uncertainties\, technological disruption\, increasing customer expectations\, and emerging risks. Financial institutions are therefore required to strengthen their financial reporting frameworks\, enhance risk management practices\, maintain adequate capital levels\, and leverage innovation to remain competitive and resilient. \nThe implementation of major reporting standards such as IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments continues to reshape financial reporting across the sector. While significant progress has been made\, institutions continue to face challenges relating to data quality\, systems integration\, actuarial modelling\, expected credit loss calculations\, and evolving regulatory expectations. At the same time\, boards and management are under increasing pressure to improve governance structures\, strengthen internal controls\, and provide transparent and decision-useful information to stakeholders. \nTechnological innovation is also transforming the financial services landscape. The growth of digital banking\, mobile financial services\, fintech and Insurtech solutions\, artificial intelligence\, and advanced data analytics is creating new opportunities for operational efficiency\, customer engagement\, and financial inclusion. However\, these developments also introduce emerging risks relating to cybersecurity\, data governance\, operational resilience\, and regulatory compliance. \nFurther\, the sector continues to play a critical role in advancing financial inclusion and supporting economic development. Despite the significant progress achieved in expanding access to financial services\, institutions must continue developing innovative products and delivery channels that meet the needs of underserved populations while maintaining sound risk management practices. \nAgainst this backdrop\, the Institute has organized the Insurance & Banking Sector Conference 2026 to provide a platform for regulators\, practitioners\, accountants\, auditors\, actuaries\, risk professionals\, policy makers\, and industry leaders to discuss emerging developments\, share practical experiences\, and explore strategies for enhancing financial reporting\, institutional resilience\, governance\, innovation\, and sustainable growth within the financial services sector. \n The conference will explore the following thematic areas: \n1. Economic Outlook\, Regulatory Developments and Sector Resilience\n• Emerging economic and regulatory developments affecting banks and insurers\n• Prudential supervision and compliance expectations\n• Building resilience in an increasingly uncertain environment\n2. IFRS 17: Implementation Progress and Emerging Challenges\n• Lessons learned from implementation\n• Contractual Service Margin (CSM)\, actuarial and systems considerations\n• Financial reporting implications and regulatory expectations\n3. IFRS 9 and Credit Risk Management\n• Expected Credit Loss (ECL) modelling and impairment challenges\n• Credit risk management in a changing economic environment\n• Emerging implementation and regulatory developments\n4. Capital Adequacy\, Solvency and Reinsurance Strategies\n• Capital adequacy and solvency requirements\n• Stress testing and capital optimization\n• Strategic use of reinsurance for risk mitigation and financial resilience\n5. Advancements in Actuarial Valuation and Risk Modelling\n• Emerging actuarial techniques and innovations\n• Predictive modelling and insurance risk assessment\n• Practical insights from industry\n6. Digital Transformation\, Fintech and Artificial Intelligence\n• AI applications in banking and insurance\n• Fintech and Insurtech innovations\n• Data analytics and automation in financial reporting and decision-making\n7. Cybersecurity\, Data Governance and Operational Resilience\n• Emerging cyber risks and threat management\n• Data governance and protection requirements\n• Strengthening operational resilience and business continuity\n8. Anti-Money Laundering Considerations for Banking & Insurance Sectors\n• Anti-Money Laundering and Automatic Exchange of Financial Information updates\n• AML Regulatory framework updates\n• Kenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing\n• AML Compliance Challenges-Politically Exposed Persons\, Beneficial Ownership\, Due Diligence\n• Foreign Account Tax Compliance Act (FATCA) obligations\n• Common Reporting Standards (CRS) Obligation \n9. Digital transformation in insurance and banking in Kenya\n• The rise of mobile money and fintech\n• Digital banking platforms\n• Insurtech: digital insurance distribution models\n• Practical use cases of AI \n10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors\n• Areas of notable improvement\n• Major areas of non-compliance\n• Way Forward \nTARGET AUDIENCE:\n• Banks and insurance companies (senior management\, sustainability leads\, CFOs\, CROs)\n• Auditors\, accountants\, and financial analysts\n• ESG and sustainability professionals\n• Technology and data solution providers\n• Policy makers and development partners\n• Academic and research institutions \nTARGET AUDIENCE: \nBanking professionals\, Insurance professionals\, Chief Internal & Risk Managers\, CEOs\, Senior Management\, Aspiring bankers and insurance professionals\, Members of Board of Directors of corporations\, Business Owners and Entrepreneurs\, \nFINANCIAL COMMITMENT: \n\n\n\nCategory\nCharges Physical \nVirtual \n\n\nAssociate Members\nKes 40\,000 per Delegate\nKes. 15\,000\n\n\nFull Members\nKes. 45\,000 per Delegate\nKes. 15\,000\n\n\nNon-Member\nKes. 50\,000 per Delegate\nKes. 15\,000\n\n\n\nCONTINUOUS PROFESSIONAL DEVELOPMENT UNITS: \nMembers of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the seminar. \nONLINE BOOKING: \nWe call on all participants to note that booking is available only online at www.icpak.com/events and it 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 \, you can also reach us through marketing@icpak.com \nNATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT: \nThe Institute is registered as a trainer with the 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 +254 719 074 100\,  or via email to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/insurance-and-banking-sector-conference-physical-option/
LOCATION:Enashipai Resort & Spa\, Naivasha\, 00100\, Kenya
CATEGORIES:Local Seminars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260715T090000
DTEND;TZID=Europe/Moscow:20260717T153000
DTSTAMP:20260626T002140
CREATED:20260103T213538Z
LAST-MODIFIED:20260615T143530Z
UID:10003311-1784106000-1784302200@www.icpak.com
SUMMARY:INSURANCE AND BANKING SECTOR CONFERENCE (virtual option)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under Accountants Act\, Laws of Kenya) \nINSURANCE & BANKING SECTOR CONFERENCE\nTheme: Driving Financial Resilience\, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector\nDate: 15th -17 July 2026\nTime: 09.00am-03.30pm\nVenue: Virtual Delivery \nOVERVIEW \nThe banking and insurance sectors remain key pillars of Kenya’s economic growth and financial stability. However\, the operating environment continues to evolve rapidly due to changing regulatory requirements\, economic uncertainties\, technological disruption\, increasing customer expectations\, and emerging risks. Financial institutions are therefore required to strengthen their financial reporting frameworks\, enhance risk management practices\, maintain adequate capital levels\, and leverage innovation to remain competitive and resilient. \nThe implementation of major reporting standards such as IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments continues to reshape financial reporting across the sector. While significant progress has been made\, institutions continue to face challenges relating to data quality\, systems integration\, actuarial modelling\, expected credit loss calculations\, and evolving regulatory expectations. At the same time\, boards and management are under increasing pressure to improve governance structures\, strengthen internal controls\, and provide transparent and decision-useful information to stakeholders. \nTechnological innovation is also transforming the financial services landscape. The growth of digital banking\, mobile financial services\, fintech and Insurtech solutions\, artificial intelligence\, and advanced data analytics is creating new opportunities for operational efficiency\, customer engagement\, and financial inclusion. However\, these developments also introduce emerging risks relating to cybersecurity\, data governance\, operational resilience\, and regulatory compliance. \nFurther\, the sector continues to play a critical role in advancing financial inclusion and supporting economic development. Despite the significant progress achieved in expanding access to financial services\, institutions must continue developing innovative products and delivery channels that meet the needs of underserved populations while maintaining sound risk management practices. \nAgainst this backdrop\, the Institute has organized the Insurance & Banking Sector Conference 2026 to provide a platform for regulators\, practitioners\, accountants\, auditors\, actuaries\, risk professionals\, policy makers\, and industry leaders to discuss emerging developments\, share practical experiences\, and explore strategies for enhancing financial reporting\, institutional resilience\, governance\, innovation\, and sustainable growth within the financial services sector. \n The conference will explore the following thematic areas: \n\nEconomic Outlook\, Regulatory Developments and Sector Resilience\n\n\nEmerging economic and regulatory developments affecting banks and insurers\nPrudential supervision and compliance expectations\nBuilding resilience in an increasingly uncertain environment\n\n\n IFRS 17: Implementation Progress and Emerging Challenges\n\n\nLessons learned from implementation\nContractual Service Margin (CSM)\, actuarial and systems considerations\nFinancial reporting implications and regulatory expectations\n\n\n IFRS 9 and Credit Risk Management\n\n\nExpected Credit Loss (ECL) modelling and impairment challenges\nCredit risk management in a changing economic environment\nEmerging implementation and regulatory developments\n\n\nCapital Adequacy\, Solvency and Reinsurance Strategies\n\n\nCapital adequacy and solvency requirements\nStress testing and capital optimization\nStrategic use of reinsurance for risk mitigation and financial resilience\n\n\nAdvancements in Actuarial Valuation and Risk Modelling\n\n\nEmerging actuarial techniques and innovations\nPredictive modelling and insurance risk assessment\nPractical insights from industry\n\n\nDigital Transformation\, Fintech and Artificial Intelligence\n\n\nAI applications in banking and insurance\nFintech and Insurtech innovations\nData analytics and automation in financial reporting and decision-making\n\n\nCybersecurity\, Data Governance and Operational Resilience\n\n\nEmerging cyber risks and threat management\nData governance and protection requirements\nStrengthening operational resilience and business continuity\n\n\nAnti-Money Laundering Considerations for Banking & Insurance Sectors\n\n\nAnti-Money Laundering and Automatic Exchange of Financial Information updates\nAML Regulatory framework updates\nKenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing\nAML Compliance Challenges-Politically Exposed Persons\, Beneficial Ownership\, Due Diligence\nForeign Account Tax Compliance Act (FATCA) obligations\nCommon Reporting Standards (CRS) Obligation\n\n 9. Digital transformation in insurance and banking in Kenya \n\nThe rise of mobile money and fintech\nDigital banking platforms\nInsurtech: digital insurance distribution models\nPractical use cases of AI\n\n 10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors \n\nAreas of notable improvement\nMajor areas of non-compliance\nWay Forward\n\nTARGET AUDIENCE: \nBanking professionals\, Insurance professionals\, Chief Internal & Risk Managers\, CEOs\, Senior Management\, Aspiring bankers and insurance professionals\, Members of Board of Directors of corporations\, Business Owners and Entrepreneurs\, \nFINANCIAL COMMITMENT: \n\n\n\nCategory\nCharges Physical \nVirtual \n\n\nAssociate Members\nKes 40\,000 per Delegate\nKes. 15\,000\n\n\nFull Members\nKes. 45\,000 per Delegate\nKes. 15\,000\n\n\nNon-Member\nKes. 50\,000 per Delegate\nKes. 15\,000\n\n\n\nCONTINUOUS PROFESSIONAL DEVELOPMENT UNITS: \nMembers of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the seminar. \nONLINE BOOKING: \nWe call on all participants to note that booking is available only online at www.icpak.com/events and it 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 \, you can also reach us through marketing@icpak.com \nNATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT: \nThe Institute is registered as a trainer with the 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 +254 719 074 100\,  or via email to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/insurance-and-banking-sector-conference-virtual-option/
LOCATION:Virtual Delivery
CATEGORIES:Local Seminars,Virtual Symposiums
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260716T090000
DTEND;TZID=Europe/Moscow:20260717T153000
DTSTAMP:20260626T002140
CREATED:20260105T072821Z
LAST-MODIFIED:20260622T081145Z
UID:10003317-1784192400-1784302200@www.icpak.com
SUMMARY:Sustainability Assurance Workshop
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nSustainability Assurance Workshop\nTheme: The Future of Sustainability Assurance – Enhancing Transparency\, Accountability\, and Trust\nDate: 16th-17th July 2026\nTime: 9.00am-3.30pm\nVenue: ICPAK Auditorium\, CPA Centre \nOverview \nAs global expectations for transparency and accountability continue to rise\, organizations are increasingly required to demonstrate credible performance on environmental\, social and governance (ESG) matters. Sustainability assurance has therefore become essential in strengthening stakeholder confidence by enhancing the reliability and quality of sustainability-related disclosures. With the rapid adoption of sustainability reporting frameworks and the alignment of financial and non-financial information\, professionals must deepen their understanding of the evolving assurance landscape. \nThe shift toward standardized sustainability reporting\, especially with the introduction of IFRS S1 and S2 by the International Sustainability Standards Board (ISSB)\, alongside established frameworks such as GRI\, SASB and local regulatory requirements\, has created a need for consistent application and interpretation. These frameworks provide the structure for identifying material ESG issues\, defining reporting boundaries and ensuring comparability across organizations and industries. \nClimate-related disclosures have emerged as integral to sustainability reporting. Accordingly\, understanding Scope 1\, Scope 2\, and Scope 3 greenhouse gas emissions become increasingly important as an entity measures and reports on its environmental impact. Accurate measurement and disclosure of emissions are increasingly linked to both financial reporting and enterprise risk management-factors that make this an area of significant focus during sustainability assurance engagements. \nHigh-quality ESG assurance requires quality internal controls\, reliable data systems\, and robust verification procedures. Practitioners should keep in mind the special challenges that arise when assessing ESG risks\, testing control environments\, and gathering evidence during limited or reasonable assurance engagements\, which are different from those encountered in traditional financial audits. The effective collection of data\, proper structuring of documentation\, and rigorous processes for verification are very important for credible sustainability reporting to the expectations of regulators and investors and wider stakeholders. \nThe workshop will highlight key aspects of Sustainability Assurance relating to the following: \nOverview of Sustainability Assurance \n\nThe purpose and importance of sustainability assurance.\nThe role of accountants and auditors in verifying ESG information.\nHow sustainability assurance enhances stakeholder confidence and transparency.\nKey drivers pushing organizations toward independent ESG assurance\n\n Regulatory and Reporting Frameworks \n\nGlobal frameworks: GRI\, SASB\, ISSB\, IFRS S1 & S2.\nLocal sustainability reporting requirements and regulations.\nAlignment between global standards and local regulatory expectations.\nEmerging disclosure requirements for climate\, social\, and governance metrics.\n\nGreenhouse Gas (GHG) Emissions and Climate Reporting \n\nUnderstanding Scope 1\, 2\, and 3 emissions.\nRelevance of GHG reporting to financial and sustainability disclosures.\nGHG accounting methodologies and boundary setting (operational vs. organizational).\nTransition risks\, climate scenarios\, and their impact on disclosures.\n\nSustainability Assurance Engagements \n\nUnpacking International Standard on Sustainability Assurance (ISSA) 5000\nTypes of assurance: limited vs. reasonable.\nKey procedures and differences from traditional financial audits.\nIndependence\, ethical requirements\, and assurance provider qualifications.\nCommon challenges encountered during sustainability assurance engagements.\n\nData Collection\, Verification\, and Reporting \n\nBest practices for ESG data collection and quality control.\nVerification techniques and third-party assurance.\nData governance\, documentation\, and internal record-keeping standards.\nUse of technology and digital tools for ESG data management and reporting.\n\nESG Risk Management and Internal Controls \n\nIntegrating ESG risks into enterprise risk management.\nEnsuring accuracy and reliability of sustainability reporting.\nDesigning internal controls to support ESG data integrity and assurance readiness.\nMonitoring\, evaluation\, and continuous improvement of ESG risk processes.\n\nTarget Audience: \nThe workshop will be beneficial to all accounting and finance professionals\, auditors\, financial analysts\, and corporate management\, particularly those involved in financial reporting\, sustainability reporting\, and regulatory compliance within organizations. \nContinuous Professional Development Units (CPD Units): \nMembers of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session. \nCost: \nCharges for the training will be Kes 18\,500/= which will cover workshop fees\, materials\, and e-certificates of attendance. \nOnline 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. \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 +254 719 074 100\,  or via email  to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/sustainability-assurance-workshop/
LOCATION:ICPAK Auditorium\, CPA Centre\, Nairobi
CATEGORIES:Local Seminars
END:VEVENT
END:VCALENDAR