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X-ORIGINAL-URL:https://www.icpak.com
X-WR-CALDESC:Events for ICPAK
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BEGIN:VTIMEZONE
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:20260715T090000
DTEND;TZID=Europe/Moscow:20260917T161500
DTSTAMP:20260924T014741
CREATED:20260103T213538Z
LAST-MODIFIED:20260917T130629Z
UID:10003311-1784106000-1789661700@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,Past Virtual Events,Virtual Symposiums
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DTSTART;TZID=Europe/Moscow:20260907T090000
DTEND;TZID=Europe/Moscow:20260911T153000
DTSTAMP:20260924T014741
CREATED:20260108T174836Z
LAST-MODIFIED:20260903T085733Z
UID:10003342-1788771600-1789140600@www.icpak.com
SUMMARY:THE FINANCIAL REPORTING WEEK 2026 EDITION 2 (MANDATORY TRAINING) physical option
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under Accountants Act\, Laws of Kenya) \nTHE FINANCIAL REPORTING WEEK 2026 EDITION 2 (MANDATORY TRAINING)\nTheme:  “Enhancing Transparency\, Sustainability\, and Accountability through High Quality Financial Reporting\nDate: 7th -11th September  2026\nVenue: Safari Park Hotel & Casino Thika Road\, Nairobi\n(This is one of the mandatory trainings for Practicing Certificate consideration) \nOVERVIEW \nFinancial reporting remains a critical pillar for transparency\, accountability\, governance\, and informed decision making within organizations\, capital markets\, and the broader economy. High quality financial reporting enhances stakeholder confidence\, supports effective stewardship of resources\, strengthens investor trust\, and promotes sound organizational and economic decision making. As the business and regulatory environment continues to evolve\, the demand for reliable\, relevant\, and decision-making useful financial information has become increasingly important. \nRecent developments in financial reporting\, including new and revised International Financial Reporting Standards (IFRS) such as IFRS 18\, together with the growing adoption of IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2)\, are reshaping the reporting landscape globally. In addition\, increasing stakeholder expectations around environmental\, social\, and governance (ESG) disclosures continue to expand the scope of corporate reporting beyond traditional financial statements. \nAt the same time\, technological advancements in automation\, artificial intelligence\, data analytics\, and digital reporting tools are transforming how financial information is prepared\, analyzed\, presented\, and communicated. These developments require finance professionals to continuously strengthen their technical competence\, exercise sound professional judgment\, and embrace innovative approaches to reporting and disclosure. \nDespite notable progress in reporting practices\, organizations continue to experience challenges in the application of key reporting standards and disclosure requirements\, particularly in areas such as revenue recognition\, financial instruments\, leases\, consolidation\, taxation\, employee benefits\, and sustainability related reporting. Insights from regulatory reviews and the Financial Reporting (FiRe) Awards 2025 continue to highlight both significant improvements and recurring gaps in compliance\, disclosure quality\, transparency\, consistency\, and application of standards. \nThe evolving role of accountants and finance professionals now extends beyond compliance focused reporting to include broader responsibilities in governance\, sustainability reporting\, business reporting\, performance analysis\, stakeholder communication\, and strategic decision support. This transformation requires professionals to remain responsive to emerging reporting developments while maintaining integrity\, accountability\, and public trust. \nIn response to these evolving demands\, the Institute of Certified Public Accountants of Kenya (ICPAK) has organized the Annual Financial Reporting Conference to provide a comprehensive platform for finance professionals to strengthen technical expertise\, gain practical insights into emerging reporting developments\, and enhance the quality and integrity of financial reporting practices. \nThe conference will bring together standard setters\, regulators\, industry experts\, preparers of financial statements\, auditors\, and finance practitioners to facilitate technical learning\, peer engagement\, practical discussions\, and knowledge sharing aimed at advancing transparency\, sustainability\, accountability\, and best practice in financial reporting. \nKey topics to be covered \n\n The Evolving Landscape of Financial Reporting\n\n\nGlobal developments in financial reporting and IFRS updates\nIFRS 18 and emerging presentation and disclosure requirements\nAligning financial reporting with stakeholder expectations\nStrengthening trust through transparency and accountability\n\n\n Sustainability and Climate Related Reporting\n\n\nIFRS S1 and IFRS S2 implementation considerations\nClimate related disclosures and scenario analysis\nIntegrating ESG into financial and strategic reporting processes\nPractical challenges and emerging best practices\n\n\n Sustainability and Industry Based Reporting Frameworks\n\n\nIndustry specific sustainability disclosure approaches\nPractical application of sustainability reporting frameworks\nSustainability metrics and disclosure expectations\nEnhancing comparability and consistency in reporting\n\n\n IFRS 18: Presentation and Disclosure in Financial Statements\n\n\nGeneral presentation requirements\nCategorization in profit or loss\nManagement defined performance measures\nDisaggregation and transparency principles\n\n\n5. IFRS 15: Revenue from Contracts with Customers\n\n\nFive step revenue recognition model\nPractical application challenges and industry considerations\nContract modifications and variable consideration\nRevenue related disclosure requirements\n\n\n IFRS 9 and IFRS 17: Practical Reporting Considerations\n\n\nFinancial instruments and impairment considerations\nClassification and measurement challenges\nInsurance contract reporting developments\nPractical disclosure and implementation considerations\n\n\n Review of the FiRe Awards 2025\n\n\nFeedback and analysis from the FiRe Awards 2025\nAreas of notable improvement in reporting practices\nMajor areas of non-compliance and disclosure gaps\nPractical lessons for preparers of financial statements\nImproving reporting quality and transparency\n\n\n IAS 19: Employee Benefits\n\n\nClassification of employee benefits\nRecognition and measurement principles\nDefined benefit plan considerations\nDisclosure requirements and reporting challenges\n\n\n Digital Reporting\, Excel Analytics\, and Reporting Automation\n\n\nDigital transformation in financial reporting\nUse of Excel for financial analysis and management reporting\nDashboard design\, visualization\, and reporting automation\nData analytics and technology enabled reporting processes\nEnhancing reporting efficiency\, accuracy\, and insight through technology\n\n\n IAS 12: Income Taxes\n\n\nDeferred tax recognition and measurement\nTemporary differences and tax disclosures\nUnused tax losses and tax credits\nCommon reporting pitfalls and disclosure challenges\n\n\n IFRS 16: Leases\n\n\nIdentification and classification of leases\nLessee accounting considerations\nLease related disclosures and reporting challenges\nPractical implementation considerations\n\n\n IFRS 10: Consolidated Financial Statements\n\n\nPrinciples of consolidation\nControl assessment and group structures\nConsolidation procedures and reporting considerations\nCommon practical and disclosure challenges\n\n\n IFRS for SMEs and Specialized Reporting\n\n\nOverview and structure of IFRS for SMEs\nRecognition and measurement principles\nSimplified disclosure requirements\nSector specific and practical reporting considerations\n\n\n Ethics\, Professional Judgment\, and Professional Wellbeing\n\n\nEthical considerations in financial reporting\nStrengthening professional judgment in complex reporting scenarios\nManaging reporting pressure while maintaining integrity\nMental wellness\, resilience\, and sustaining professional effectiveness\n\nTARGET AUDIENCE: \nBoard Members\, Private and Public Sector Accountants\, Chief Finance Officers\, Finance Directors and Managers\, Corporate reporting Experts\, Transaction Advisors\, Pension Scheme Administrators\, Fund Managers\, Engagement Partners and Key Audit staff\, Banking\, Extractive and SMEs sector accountants\, Auditors\, Practitioners\, Heads of Internal Audit and Assurance functions\, Professionals working in County Governments\, Anyone interested in gaining a practical overview of Sustainability Reporting\, Audit Committee Members. \nFINANCIAL COMMITMENT: \n\n\n\nCategory\nCharges Physical \nVirtual \n\n\nAssociate Members\nKes 54\,000 per Delegate\nKes. 25\,000\n\n\nFull Members\nKes. 59\,000 per Delegate\nKes. 25\,000\n\n\nNon-Member\nKes. 64\,000 per Delegate\nKes. 25\,000\n\n\n\n**Charges will cater for daytime meals\, conference giveaways\, learning materials\, and certificates of attendance. \nCONTINUOUS PROFESSIONAL DEVELOPMENT UNITS: \nMembers of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the event. \nONLINE BOOKING: \nWe call on all participants to note that booking 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 \, you can also reach us through marketing@icpak.com \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) \nSPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION \nThe Financial reporting week  attracts over 400 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com. Other requests for information can be channeled to us via telephone on +254 0719 074 100. \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-financial-reporting-week-2026-edition-2-mandatory-training-physical-option/
LOCATION:Safari Park Hotel & Casino\, Thika Road\, Nairobi
CATEGORIES:Local Seminars,Mandatory Trainings
GEO:-1.225285;36.883555
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