ICPAK

THE MANAGEMENT ACCOUNTING AND STRATEGY CONFERENCE 2026
2026-03-09 09:00 - 2026-03-13 15:30 (Europe/Moscow) | Travellers Beach Hotel & Club, Mombasa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE MANAGEMENT ACCOUNTING AND STRATEGY CONFERENCE
Date: 9th – 13th March 2026
Time: 09.00am-03.30pm
Venue: Travellers Beach Hotel and Club, Mombasa
Theme: Strategic Management Accounting for Value Creation, Performance Excellence & Sustainable Growth
OVERVIEW
Management accounting has transformed significantly from its traditional role of cost tracking and financial control to a strategic function that supports organizational value creation, performance excellence, and long-term sustainability. In an increasingly volatile business environment, management accountants are now required to provide forward-looking insights, integrate financial intelligence with strategic planning, and enhance decision-making through robust analytical tools. This shift reflects the growing recognition of management accounting as a cornerstone of competitive advantage and institutional resilience.
A strong management accounting framework brings together financial analysis, risk management, budgeting, forecasting, and performance monitoring into a cohesive system that drives strategic clarity. Through techniques such as scenario analysis, cost optimization, and strategic performance measurement, management accountants help organizations align strategic objectives with daily operations. These functions empower leaders to anticipate emerging risks, deploy resources efficiently, and strengthen operational discipline in a way that enhances organizational agility and sustainability.
Organizations are also experiencing heightened expectations around accountability, performance, and resource stewardship. Management accounting plays an indispensable role in supporting these demands by offering structured tools such as variance analysis, performance reviews, and value-for-money assessments. These tools enable institutions to detect inefficiencies, measure progress against strategic goals, and ensure that financial decisions are aligned with long-term priorities. In environments where public trust, governance, and cost efficiency are critical, the role of management accountants becomes even more central.
Digital transformation is reshaping management accounting by introducing advanced tools such as automation, predictive analytics, digital dashboards, and integrated reporting systems. These technologies enable real-time monitoring of performance, more accurate forecasting, and deeper insights into organizational dynamics. As organizations adopt these innovations, management accountants are increasingly stepping into strategic leadership roles—driving transformation, facilitating data-driven decisions, and integrating financial and non-financial metrics to create a holistic performance landscape.
It is in response to these evolving demands that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized the Management Accounting & Strategy Conference. This program brings together accountants, finance managers, strategy professionals, auditors, public-sector leaders, and governance practitioners to explore modern tools, strategic frameworks, and best practices in management accounting. Through expert-led sessions, case studies, and interactive discussions, delegates will gain practical skills to strengthen value creation, improve decision-making, support strategy execution, and enhance organizational performance.

Basic understanding of accounting terminology, general ledgers, and charts of accounts
Key techniques in Management Accounting:

Margin analysis
Constraint analysis
Capital budgeting
Inventory valuation and product costing
Trend analysis and forecasting

Managerial decision-making using accounting reports and financial statements, including balance sheet, income, and cash flow statements
Automation of budgeting process and the related internal controls processes: An overview of key functionalities from various ERPs and IFMIS
Financial Analysis: Business health and performance assessment via financial ratio analysis.
Horizontal and vertical financial analysis: Performance, profitability, investment, capital gearing, liquidity, and solvency Ratios
Key accounting concepts and formulas: Accounting costs, Expenses, Revenues, Profit and Loss (P&L), Break-even Analysis (BEA), Assets and Liabilities, Stocks, Shares, Bonds, Earnings, Dividends, Shareholder’s Equity.
Key accounting concepts and formulas: Cash Flow, Debt, Debt Collection Period, Earnings per Share (EPS), EBITDA, Depreciation, and amortization.
Overview of the strategic planning process, milestones, and key stakeholders
Understanding the 5 key elements of strategic planning:

Defining of vision
Crafting of values
Determination of desired outcomes
Declaration of explicit accountability
Establishment of leading KPIs

Review of different strategic planning templates
Incorporating external factors, environmental analysis, and risk assessment to the strategic plan
Discission of the most common strategic planning pitfalls
Sustainability considerations during the strategic planning process for organisations during a crisis: The case for or against long term strategic plans
Using analytics to monitor performance & strengthening strategic decision-making through data
Sustainability reporting using IFRS S1 & S2– Key metrics for Management Accounting Professionals
Embracing technology in Management Accounting:

How AI can be used to support Management accounting beginners and advanced
Application of advanced excel in decision making
Ethical considerations in AI use

Navigating office politics and developing resilience as professionals

TARGET AUDIENCE
Management accountants, 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.
YOUR FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

** Delegates to make their travel and accommodation arrangements
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions.
NITA REIMBURSEMENT
The 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. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com .

CORPORATE GOVERNANCE AND LEADERSHIP CONFERENCE 2026
2026-03-16 09:00 - 2026-03-20 15:30 | Sarova Whitesands Beach Resort and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
CORPORATE GOVERNANCE & LEADERSHIP CONFERENCE
Theme: Integrating Principles of Corporate Governance into The Values System of Leaders in Kenya
Date: 16th to 20th March 2026
Time: 09.00am-03.30pm
Venue: Sarova Whitesands Beach Hotel & Spa Mombasa
INTRODUCTION
Corporate governance is a system of rules, policies, and practices that dictate how a company’s board of directors manages and oversees the operations of a company. Corporate governance includes principles of transparency, accountability, and security. Poor corporate governance, at best, leads to a company failing to achieve its stated goals, and, at worst, can lead to the collapse of the company and significant financial losses for shareholders.
Perhaps one of the most important principles of corporate governance is the recognition of shareholders. The recognition is two-fold. First, there is the basic recognition of the importance of shareholders to any company – people who buy the company’s stock fund its operations. Equity is one of the major sources of funding for businesses. Second, from the basic recognition of shareholder importance follows the principle of responsibility to shareholders. The policy of allowing shareholders to elect a board of directors is critical. This means that shareholders, effectively, have a direct say in how a company is run.
Shareholder interest is a major part of corporate governance. Shareholders may reach out to the members of the community who don’t necessarily hold an interest in the company but who can nonetheless benefit from its goods or services. Reaching out to the members of the community encourages lines of communication that promote company transparency. It means that all members of the community – those who are directly or indirectly affected by the company – and members of the press get a clear sense of the company’s goals, tactics, and how it is doing in general. Transparency means that anyone, whether inside or outside the company, can choose to review and verify the company’s actions. This fosters trust and is likely to encourage more individuals to patronize the company and possibly become shareholders as well.
An increasingly important aspect of corporate governance is security. Shareholders and customers/clients need to feel confident that their personal information is not being leaked or accessed by unauthorized users. It’s equally important to ensure that the company’s proprietary processes and trade secrets are secure. A data breach is not just very expensive. It also weakens public trust in the company, which can have a drastically negative effect on its stock price. Losing investor trust means losing access to capital that is necessary for corporate growth. Everyone in a company, from entry-level staffers to members of the board, needs to be well-versed in corporate security procedures such as passwords and authentication methods.
Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group or organization to lead, influence or guide other individuals, teams, or entire organizations. Throughout history, great leaders have emerged with leadership styles in providing direction, implementing plans and motivating people. These can be broadly grouped into 5 different categories such as Authoritarian Leadership, Participative Leadership, Delegative Leadership, Transactional Leadership and Transformational Leadership. Despite these definitions, most leaders still struggle with the meaning of each leadership style mentioned above, the difference between each leadership approach as well as the advantages and disadvantages of each style. This conference will explore each of these styles and provide an avenue for leaders to discuss on the best approach to take in leading their teams.
All leadership styles serve a purpose depending on the situation, type of organization or industry, and the personalities of the leadership and employees involved. The best approach is to become familiar with all leadership styles and understand the applications of each style. You will likely have a default style of leadership that you naturally exhibit or turn to. However, it is important that you are flexible in how you lead others. To understand when to employ each type of leadership style it is essential to develop your ability to diagnose needs, communicate effectively, and be flexible in how you make decisions and interact with others.
Leadership in business is the capacity of a company’s management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at their highest levels. Leadership also speaks to a more holistic approach, such as the tone of an organization or the culture that management establishes. Individuals with strong leadership skills in the business world often rise to executive positions.
Effective leadership includes exhibiting a strong character. Leaders exhibit honesty, integrity, trustworthiness, and ethics. Leaders act in line with how they speak and earn the right to be responsible for others’ success in the organization. Strong leadership involves clear communication skills. Leaders speak with and listen to staff members, respond to questions and concerns, and are empathetic. Leaders use effective communication skills for moving the company forward and achieving new levels of success.
Values refer to beliefs or ideals shared by the members of a culture about what is good or bad, desirable or undesirable. They are standards of conduct, efficiency or worth which a society endorses, maintains and even transmits to her members. Principles of Governance are normative principles that guide the state to perform its functions in a manner that promotes the general wellbeing of its people.
National Values and Principles of Governance are fundamental beliefs or ideals that guide the choices, actions and behaviour of a nation. They are critical in building national identity and national character that guides the realization of national development. In addition, National Values exert influence on the way individuals relate with one another, how communities engage one another and how citizens and government interact to promote peace, national unity and cohesion.
National Values and Principles of Governance are key in managing diversity and building national social capital that surpasses ethnic, religious, class and racial limitations. They cultivate internal social and cultural coherence which are based on national norms and interests that govern interactions focused on achieving national common good. It is because of the central role of values in organising, inspiring, transforming, and guiding Kenyans that they are enshrined in Article 10 of the Constitution. The National Values and Principles of Governance facilitate the building of bridges among communities, ethnic, religious, and racial traditions and establish constitutionalism that binds and integrates Kenyans into a unitary nation-state. They provide opportunities to individuals and groups to pursue freedoms and happiness in a diverse society and a firmly united nation.
This Conference will provide delegates with the opportunity to discuss issues and challenges as well as dwell on topical areas such as:

An overview of King IV Code of Corporate Governance
Implementation of the Mwongozo code of Corporate Governance in Kenya
Effective management of shareholder activism
Legal, Institutional Policy Frameworks and Administrative Actions for the promotion of national values and principles of governance
Corporate governance principles: An overview of the book G20/OECD- Principles of Corporate Governance
Emerging trends in Board and executive compensation schemes
Failures of corporate governance on both international and local landscape: A review of various case studies
Mainstreaming national values for behaviour change in Kenya
Enhancing public trust through strengthening of corporate data security systems and processes
Challenges that weaken the drive towards a cohesive united, peaceful, and prosperous nation
Enhancing transparency through improved Corporate Governance reporting and disclosures
Sustaining ethical leadership under high pressure environments and turbulent times
An overview of different leadership styles:

Authoritarian Leadership
Participative Leadership
Delegative Leadership
Transactional Leadership
Transformational Leadership

Modern day leadership: Leading inter- generational teams
The place of leadership in managing productivity & time management: A look at the tools and technology for use by leaders in modern times
The role of transformational leadership in leading and managing change
Effective communication styles and tips for leaders: Enhancing presentation skills and influence in engagements

FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the Governance and Leadership Conference.
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).
SPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION
The Governance and Leadership Conference attracts over 200 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 channelled to us via telephone on +254 719 074 100/129.
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage you to regularly visit our website www.icpak.com for updates on the Conference.

FINANCIAL REPORTING FOR COUNTY GOVERNMENTS AND OTHER PUBLIC-SECTOR ENTITIES 2026
2026-03-23 09:00 - 2026-03-27 15:30 | Sarova Whitesands Beach Resort & Spa Mombasa, Mombasa
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
FINANCIAL REPORTING FOR COUNTY GOVERNMENTS & OTHER PUBLIC-SECTOR ENTITIES 2026
Date: 23rd -27th March 2026
Venue: Sarova Whitesands Beach Resort, Mombasa
Theme: Strengthening Public Sector Accountability through Enhanced Financial Reporting Practices
OVERVIEW
High-quality financial reporting remains a cornerstone of good governance, prudent resource management, and public accountability across County Governments and public-sector institutions. In a context where citizens increasingly demand transparency and evidence-based decision-making, financial reports must provide a clear, accurate, and comprehensive reflection of how public resources have been planned, allocated, and utilized. Robust reporting enhances credibility, supports better oversight, and enables institutions to demonstrate stewardship over assets, liabilities, and public funds. As governance evolves, financial reporting is no longer a routine administrative function but a strategic tool that directly influences trust, service delivery, and institutional legitimacy.
Effective financial reporting requires more than compiling figures at year-end. It is built on well-structured processes, a strong internal control environment, and adherence to established standards such as those issued by the Public Sector Accounting Standards Board (PSASB), which align with the International Public Sector Accounting Standards (IPSAS). This includes consistent application of recognition, measurement, and disclosure principles; maintenance of reliable asset registers; regular reconciliations; and preparation of budgets that clearly articulate strategic priorities. When executed properly, these standards enhance comparability across public institutions and strengthen compliance with statutory requirements under the Public Finance Management (PFM) Act and its associated regulations.
Despite advancements in public financial management reforms, County Governments and public-sector entities continue to face persistent challenges that undermine the quality of financial statements. These include incomplete asset valuation exercises, pending bills, irregular expenditure, weak documentation, limited automation, skills gaps, and inconsistencies in applying IPSAS-compliant templates. Such challenges contribute to recurring audit queries, delay in reporting, reduced fiscal discipline, and diminished public trust. Addressing these issues requires targeted interventions, capacity building, and leadership commitment to improving financial management systems and practices.
The public sector now operates in a dynamic environment shaped by evolving regulations, heightened audit expectations, technological disruption, and increased scrutiny from citizens and oversight bodies. Complex issues such as climate-related disclosures, budget execution pressures, stalled development projects, and governance risks demand robust and forward-looking reporting frameworks. County Governments must adopt modern approaches that integrate financial data with risk, performance, and service delivery information. Strengthening these linkages ensures that financial reports are not only compliant but also relevant, insightful, and aligned with national development agendas.
Furthermore, dependence on traditional manual processes exposes entities to errors, inefficiencies, and compliance challenges. Emerging digital solutions—including integrated financial management systems (such as IFMIS), digital asset registers, automated reconciliations, and analytics tools—offer opportunities to enhance accuracy, timeliness, and transparency. The adoption of these tools, supported by trained professionals and sound internal controls, enables institutions to transition from reactive financial reporting to proactive, data-driven decision-making. This transformation strengthens accountability, supports evidence-based budgeting, and ensures that public resources are managed responsibly.
In response to these developments, the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this comprehensive program to build the technical and practical competencies required for preparing high-quality financial statements in line with PSASB and reporting requirements. The training provides an in-depth exploration of reporting standards, budgeting frameworks, audit processes, internal controls, asset management, and emerging trends in public-sector reporting. Through expert-led sessions, case studies, and peer learning, participants will gain practical insights into common pitfalls, receive updated templates and tools, and develop actionable strategies to strengthen financial reporting, enhance governance, and improve service delivery within their respective institutions.
During the workshop the following areas will be covered: –

Public Sector Budgeting: Feedback from the Office of the Controller of Budget
Cashflow Management and financial planning for counties

Long-term financial sustainability analysis
Revenue forecasting and modeling
Fiscal strategy development
Budget-performance linkage
Financial scenario planning

Deferred Income & Taxation in the Public Sector

Recognition & measurement of deferred income under IPSAS 23
Treatment of conditional vs unconditional grants
PAYE, VAT & Withholding tax compliance for counties
Tax implications of county revenue streams

4. Leases (IPSAS 43)

Transition from IPSAS 13 to IPSAS 43 (IFRS 16 equivalent)
Recognition of Right-of-Use (ROU) assets & lease liabilities
Lease disclosures and presentation
Practical county examples

Mental Health & Wellness for Finance Professionals
Strengthening Internal Audit Functions in Public Sector Entities
Risk Management:

Internal Controls, Risk Management & Audit Readiness
Enterprise Risk Management (ERM) frameworks for public sector entities
Identifying and assessing financial risks
Internal controls & risk mitigation
Fraud risk and integrity management
Developing risk registers and heat maps

IPSAS Accrual: Milestones achieved so far
In depth discussions on:

IPSAS 1 – Presentation of Financial Statements
IPSAS 31 – Intangible Assets
IPSAS 41 – Financial Instruments

Asset Management & Reporting-IPSAS45

Asset registers creation & verification
Valuation and revaluation of county assets
Depreciation under IPSAS 45
Disposal procedures & audit trails

Inventory management and stock taking

Feedback from FiRe Award for Public Sector Entities
Updates from the Auditor General on Common Reporting Gaps, Errors & How to Resolve Them

TARGET AUDIENCE
ICPAK Members ,Accountants in public sector ,Members of Boards in public 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, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
YOUR FINANCIAL COMMITMENT
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions.
NITA REIMBURSEMENT
The 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.
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

GRANTS MANAGEMENT, COMPLIANCE AND FINANCIAL REPORTING SEMINAR 2026
2026-03-30 09:00 - 2026-04-02 15:30 | Sarova Woodlands Hotel, Nakuru
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
GRANTS MANAGEMENT, COMPLIANCE & FINANCIAL REPORTING SEMINAR
Date: 30th March – 2nd April 2026
Venue: SAROVA WOODLADS HOTEL, NAKURU
Theme: “Strengthening Grants Management and Financial Reporting to Safeguard Donor Confidence”
OVERVIEW
The operational and accountability landscape for Non-Profit Organizations (NPOs) and grant-funded entities is becoming increasingly complex and demanding. Stakeholders, including donors, regulators, beneficiaries, and the public, require enhanced transparency, rigorous compliance, and comprehensive reporting that goes beyond mere financial numbers to demonstrate impact and sustainability.
A pivotal development in this environment is the gradual adoption and transition to the International Non-Profit Accounting Standards (INPAS). These standards provide a globally accepted accounting framework tailored specifically for the unique characteristics of not-for-profit entities. Transitioning to INPAS requires NPOs to strengthen their financial management systems, adopt accrual accounting principles, improve recognition of assets and liabilities, and enhance the accuracy and consistency of financial reporting. This transition poses significant challenges, including revising accounting policies, training finance teams, and aligning donor reporting with new standards, all while maintaining operational continuity and compliance with varying donor requirements.
In parallel, there is growing recognition of the importance of narrative reporting in the nonprofit sector. Donors and stakeholders increasingly seek richer contextual information that links financial inputs to programme outcomes and social impact. Narrative reporting complements financial statements by providing qualitative insights into how funds are utilized to achieve mission objectives, thereby fostering trust, accountability, and informed decision-making.
Effective budgeting is another cornerstone of sound grants management. Accurate and realistic budgets enable NPOs to allocate resources efficiently, respond to dynamic programme needs, and comply with donor restrictions and cost recovery policies. However, many organizations face challenges in preparing budgets that balance operational realities with donor expectations, including handling multi-year grants, exchange rate volatility, and overhead allocations.
Additionally, the rising global emphasis on Environmental, Social, and Governance (ESG) considerations is reshaping how NPOs operate and report. Stakeholders now expect nonprofits to embed ESG principles into their governance, operational practices, and reporting frameworks. This includes managing environmental impacts, promoting social inclusion and equity, and demonstrating good governance and ethical practices. Integrating ESG into financial and narrative reporting enhances organizational resilience, donor confidence, and the overall sustainability of programmes.
This seminar aims to equip grants managers, finance professionals, programme officers, and compliance personnel with the knowledge, skills, and practical tools to effectively manage grants through the entire lifecycle, ensure compliance with donor and regulatory requirements, prepare robust financial and narrative reports, and integrate ESG considerations into their operations. By addressing the challenges and opportunities presented by INPAS transition, narrative reporting, effective budgeting, and ESG integration, the seminar supports NPOs to strengthen accountability, improve audit readiness, and demonstrate their commitment to transparent, impactful stewardship of resources.
Additionally, the following topics will be discussed during the sessions:

DAY
MODULE
TOPICS

DAY 1
Grants Landscape & the Grant Lifecycle

· Fundamentals of Grants Management
· Types of grants
· Key stages
· Roles & responsibilities

Grant Agreements, Terms & Conditions, and Compliance Obligations
· Relationship between actuarial valuation reports and financial statements
· Interpreting grant agreements, annexes and budget lines.
· Common restrictive clauses (eligibility, branding, procurement rules, currencies).
· Compliance calendars and performance indicators.

Budgeting for Grants: From Proposal to Approved Budget
· Types of costs: direct vs indirect, capital vs recurrent, allocable vs unallowable.
· Cost principles, allocation methods and overheads/indirect cost rates.
· Budget revisions and re-forecasting

DAY 2
Procurement, Asset Management & Eligible Costs
· Donor procurement rules vs procurement best practice.
· Tendering, supplier selection, contract management and conflict-of-interest controls.
· Capitalisation, fixed assets register and disposals under donors’ rules.

INPAS: Purpose, Scope and Strategic Implications for Kenyan NPOs
· Why INPAS was developed and its principal objectives (transparency, comparability, credibility).
· INPAS’ scope, relationship to IFRS for SMEs / IFRS / IPSAS and when NPOs should use it.
· High-level differences NPOs must anticipate (fund accounting, narrative reporting, grant treatment).
· Strategic implications for boards, funders and auditors; setting a sectoral adoption roadmap.

Transition to INPAS: Practical Steps & Required Disclosures
· Transition mechanics: retrospective application, reconciliation requirements and required narratives.
· Preparing the reconciliation of net assets and surplus/deficit to prior framework (checklist).
· Handling impracticability and undue cost/effort exemptions (disclosure expectations).
· Project plan template: stakeholder map, data gaps, timetable and governance for transition

DAY 3
Fund Accounting & Restricted Funds under INPAS
· Core concepts: restricted vs unrestricted funds and fund presentation requirements.
· Recognition and measurement of donor-restricted grants and endowments.
· Designing fund ledgers, chart of accounts and disclosures aligned to B8 Fund Accounting.
· Practical ledgers and reclassification examples.

Narrative Reporting: Making Financials Decision-Useful
· Minimum narrative components required by INPAS (management commentary / narrative reporting).
· Linking narrative reporting to financial statements and programme outcomes.
· Materiality, non-financial KPIs and the user-focus principle in INPAS narrative guidance.
· Practical template for an NPO narrative report.

Compliance and Regulatory Reporting (PBORA focus)
· PBO Act, 2024 & upcoming regulations
· Interplay between INPAS financial statements and regulatory returns; common differences.
· PBORA reporting obligations, registration, and compliance checkpoints.
· Reconciling INPAS financial statements to statutory submissions and donor reports.
· Practical checklist for avoiding regulatory penalties and improving PBORA liaison.

DAY 4
Effective Budgeting for Non-Profit Organisations
· Purpose of budgeting in the NPO context
· Types of budgets used by NPOs
· Key budgeting challenges in NPOs
· Budget preparation best practices
· Budget monitoring and control
· Role of budgets in donor and regulatory reporting

ESG Considerations for NPOs – Applying IFRS Sustainability Disclosure Concepts

Why ESG and IFRS Sustainability concepts matter for NPOs
Applying IFRS S1 (General Sustainability-Related Disclosures) in the NPO context
Applying IFRS S2 (Climate-Related Disclosures) in the NPO context

TARGET AUDIENCE
The sessions will be beneficial to professional Accountants, Heads of Finance, strategy consultants, academia and other professionals working in the NGO, NPO sectors and organizations that receive grants.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successful completion of the Seminar.
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 40,000 per Delegate

Full Members
Kes. 45,000 per Delegate

Non-Member
Kes. 50,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for seminar is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on interested participants to note that booking for the event is available online at www.icpak.com and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
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 seminar. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

THE 9TH BOARD MASTERCLASS
2026-04-13 09:00 - 2026-04-17 15:30 | Sarova Whitesands Beach Resort and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
THE 9TH BOARD MASTERCLASS
Theme: Agile and Future-Ready Boards: Driving Value, Resilience, and Strategic Leadership
DATE: 13TH – 17TH APRIL 2026
TIME: 09.00AM-03.30PM
VENUE: SAROVA WHITESANDS BEACH RESORT & SPA, MOMBASA
OVERVIEW
Boards of directors are the ultimate custodians of an organization’s purpose, mission, and long-term value creation. They carry the responsibility of guiding institutions through complex and often unpredictable environments while ensuring that stakeholder trust, public accountability, and organizational integrity are upheld. In today’s fast-evolving landscape, boards are confronted with unprecedented pressures that range from technological disruption, rapid digitization, and market volatility to regulatory shifts, ESG imperatives, climate-related risks, geopolitical instability, and heightened expectations from investors, regulators, and the public for transparency, accountability, and sustainable impact.
The ability to respond effectively to these multidimensional pressures requires more than technical expertise; it calls for strategic foresight, adaptive leadership, emotional intelligence, and a profound understanding of governance dynamics. Board members must make informed, forward-looking decisions while simultaneously fostering alignment, collaboration, and cohesion among diverse stakeholders within and outside the boardroom.
The role of the board chair has never been more critical. Chairs are tasked with orchestrating the board’s overall effectiveness, navigating the interplay of diverse personalities, resolving conflicts, and ensuring that governance processes are executed efficiently and transparently. They must cultivate strong, productive relationships with the CEO, Board Secretary, and management team while ensuring that directors collectively exercise their fiduciary duties to the highest standard. The effectiveness of the chair in balancing the contributions of both first-time and experienced directors can significantly influence board culture, decision-making quality, and organizational performance. Similarly, boards must actively work to establish a culture of trust, accountability, and continuous learning, while ensuring that strategic priorities are translated into actionable outcomes for the organization.
The 21st-century boardroom is no longer a ceremonial space reserved for quarterly reviews or compliance reporting. It has evolved into a dynamic and strategic arena where governance, strategy, risk management, and stakeholder engagement converge. Directors are expected to cultivate agility, enabling them to anticipate change, respond effectively in real time, and make decisions under uncertainty. Agile boards are characterized by their ability to embrace diversity of thought, encourage psychological safety, promote constructive dissent, and challenge entrenched assumptions. They are courageous and innovative, willing to rethink strategy, disrupt legacy processes, and lead organizational transformation while maintaining focus on long-term sustainability. In this environment, boards that fail to adapt risk falling behind, as stakeholders increasingly demand evidence of proactive leadership, ethical decision-making, and measurable organizational impact.
Sustainability and ESG considerations have transitioned from peripheral topics to central elements of board responsibility. Directors are expected to oversee climate action, social initiatives, ethical conduct, and integrated reporting with the same rigor traditionally applied to financial oversight. Boards must ensure that ESG strategies are aligned with organizational objectives, embedded into decision-making frameworks, and communicated transparently to stakeholders. In parallel, the rapid advancement of technology has transformed how boards operate. Digital intelligence—including AI, data governance, cybersecurity, and emerging tech—requires directors to be well-versed in tech-driven risks and opportunities, enabling them to provide strategic oversight of digital transformation initiatives. The convergence of ESG, technological innovation, and governance demands that boards operate with both strategic acumen and operational insight to safeguard the organization’s long-term viability.
The 9th Board Masterclass is designed to equip both new and experienced directors with the mindset, knowledge, and practical tools necessary to lead high-performing, resilient, and future-ready boards. Over five days, participants will engage in expert-led sessions, case studies, interactive simulations, and peer learning, exploring contemporary topics including board leadership, culture, performance, risk governance, sustainability, digital transformation, and strategic foresight. Beyond technical and strategic competencies, the Masterclass emphasizes the human dimensions of governance—interpersonal dynamics, leadership styles, conflict resolution, and cultural factors that influence boardroom effectiveness. Participants will also gain insights into practical approaches for fostering inclusive, adaptive, and agile boards capable of responding to change while maintaining ethical standards and public trust.
By the conclusion of this Masterclass, participants will have developed the knowledge, skills, and confidence to make informed strategic decisions, foster board cohesion, champion ESG and digital initiatives, and lead with integrity, foresight, and resilience. The program serves not only as a comprehensive learning experience but also as a leadership retreat and strategic reset. It challenges boards to reflect on their current practices, anticipate emerging trends, and adopt governance approaches that maximize value, enhance organizational resilience, and ensure sustainable impact in an increasingly complex and interconnected world.
LEARNING OBJECTIVES:
This program is divided into the following five modules covering the various aspects of Board Competence:

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

DAY 1
A. Strategic Board Leadership
1. Purpose-Driven Governance
2. Board Chair Roles and Responsibilities
3. Board and CEO/Management Dynamics
4. Board Decision-Making Styles
5. Case Studies & Lessons from Exemplary Boards
1. Attributes of an effective board chair
2. Leading with purpose, values, and strategic clarity
3. Navigating complex boardroom dynamics and interpersonal tensions
4. Role of the CEO and Board Secretary in supporting governance
5. Common pitfalls and lessons from successful board leadership
6. Board decision-making frameworks, consensus-building, and collaborative governance
7. Applying lessons from real-life case studies to enhance leadership effectiveness

DAY 2
B. ESG, Ethics & Stakeholder Engagement
1. ESG Integration and Oversight
2. Ethical Governance and Compliance
3. Stakeholder Mapping and Engagement
4. Sustainability Reporting
5. Social Responsibility & Impact Measurement
1. ESG as a board-level strategic imperative
2. Ethics, integrity, and regulatory alignment in board decisions
3. Engaging diverse stakeholders for long-term value
4. Board responsibility in sustainability disclosures and impact measurement
5. Evaluating social impact and ethical outcomes of board decisions
6. Setting frameworks for transparent ESG reporting and monitoring performance
7. Linking ESG initiatives to organizational strategy and long-term sustainability

DAY 3
C. Digital Intelligence & Risk Governance
1. AI, Data & Digital Governance
2. Cybersecurity Oversight
3. Risk Appetite and Resilience Planning
4. Scenario-Based Risk Simulation
5. Emerging Technology & Innovation Oversight
1. Board oversight of digital transformation and innovation
2. Cyber risk, data ethics, and digital literacy for directors
3. Defining and monitoring organizational risk appetite
4. Building risk-aware cultures and resilience frameworks
5. Scenario planning and crisis response strategies
6. Monitoring emerging technologies and understanding their strategic implications
7. Leveraging data-driven insights to inform board decisions and future readiness

DAY 4
D. Board Diversity, Inclusion & Performance
1. Inclusive Governance Practices
2. Board Evaluation and Performance Metrics
3. Talent Development and Succession Planning
4. Boardroom Capital
5. Team Dynamics and Conflict Resolution
1. Fostering diversity of thought, background, and experience
2. Conducting effective board evaluations and culture health checks
3. Director development, onboarding, and succession strategies
4. Building boardroom capital and collective accountability
5. Managing intergenerational and cross-functional board dynamics
6. Conflict resolution and constructive dissent
7. Promoting collaboration, psychological safety, and team cohesion in the boardroom

DAY 5
E. Future-Proofing Boards: Strategy, Innovation & Renewal
1. The Future-Ready Board
2. Strategic Foresight and Innovation
3. Governance Trends and Global Shifts
4. Continuous Learning and Board Readiness
5. Scenario Planning & Adaptive Governance
1. Anticipating emerging governance trends and stakeholder expectations
2. Embedding innovation and agility into board practices
3. Aligning board strategy with long-term institutional resilience
4. Personal development and continuous learning for directors
5. Applying adaptive governance frameworks for boards to respond to change
6. Leading transformation initiatives with foresight
7. Enhancing board adaptability and strategic decision-making for sustainable impact

TARGET AUDIENCE:
Board Members, Board Chairpersons, Board Committee Members and Committee Chairpersons, Board Secretaries, CEOs, Senior Management supporting boards and committees, Aspiring Board Members, Business Owners, Academia and Entrepreneurs.
YOUR INVESTMENT:
This Masterclass shall be provided at a cost of KSh.95,000.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Master Class.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close 24 hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY and available online at www.icpak.com/events , you can also reach us through 0719074100 or email us through marketing@icpak.com
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

PRACTICAL ETHICS AND COMPLIANCE SEMINAR 2026 Mandatory training
2026-04-13 09:00 - 2026-04-17 15:30 | Enashipai Resort & Spa, Naivasha, 00100, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
PRACTICAL ETHICS AND COMPLIANCE SEMINAR
Theme: Enhancing professionalism and personal values for professional accountants
Date: 13th – 17th April 2026
Time: 9 am – 4 pm
Venue: Enashipai, Naivasha.
This is one of the mandatory trainings for Practicing Certificate consideration
OVERVIEW
At its simplest, ethics is a system of moral principles or rules that say what is and what is not acceptable. Ethics are largely described as the principles that guide a person’s behaviour while undertaking day to day activities. Occasionally, in certain jurisdictions some ethical values get enacted as laws. Governing laws are structured rules utilized to govern a society whereas ethics are a set of moral values an individual establishes. Ethical behaviours apply to any employee, team leader or supervisor. They should display a behaviour that is honest and fair in their relationship with their co-workers and clients. A culture of ethical businesses is vital to the success of any business.
A leader who personifies ethical behaviour will be fair in all situations. In turn, employees will trust their leadership team and aid in achievement of the organizational goals. Ethical behaviour includes honesty, integrity, fairness and a host of other positive traits. Businesses are expected to act in an ethically responsible manner, carrying out its activities in a legal manner even when the business has nothing to benefit from being ethical. Professional ethics provides a means to solve certain ethical problems related to a particular profession. Professional ethics contain the ideals that govern the conduct of a professional or a group of them. This means that an ethical business will act in a socially responsible way, doing what is right even if it is not required to do so by legislation or regulation, and regardless of the impact it might have on profits. Professionals are required to practice reasonable, responsible and transparent behaviour that consciously avoids harmful actions by embodying high ethical standards.
Professional ethics in business is paramount and more so in the accounting profession where the end user of information and services has to place trust in the professionals. Professional accountants are constantly faced with ethical dilemmas such as lack of independence in practice, conflict of interest, falsified financial reports, and facilitating or receiving bribes etc however they are required to carry out their roles in a rational, accountable and transparent manner by upholding high ethical standards to avoid unethical actions.
Consequently, the rise in ethical issues all over the world means that all professionals contribute to at least a percentage and even the most properly regulated professional bodies globally have developed a set of standards that have to be adhered to by the members. This explains the need for professional ethics and their application for members. It is in this context Institute has organized a two-day virtual workshop to explore the ethical considerations which are practically applicable in the workplace and as expected professionally.
The International Ethics Standards Board for Accountants (IESBA) develops and promotes the International Code of Ethics for Professional Accountants (including International Independence Standards). The IESBA also supports debate on issues related to accounting ethics and auditor independence. In 2018, the IESBA issued a revised and restructured Code which came into effect in June 2019. The revised and restructured Code includes many substantive revisions, including in relation to non-compliance with laws and regulations (NOCLAR). The 2018 version of the Code makes it clear that professional accountant, in whatever capacity they are engaged, cannot turn a blind eye to NOCLAR. The provisions in the Code, including NOCLAR guide ethical behavior and help professional accountants uphold their responsibility to act in the public interest. The IESBA Code also includes a principles-based definition of what constitutes a network. The definition covers the way a group of companies operate and present themselves and is consistent with the Statutory Audit Directive.
All accountants are expected to subscribe to this code of ethics. With the growing necessity for patriotic and nationalistic individuals to step up to lead the country in every sector that they are involved in, it is in this recognition that the Institute has organized for the Practical Ethics and Compliance Seminar to address:
TOPICS

Overview of the Code of Ethics for Professional Accountants-Practical Application of International Code of Ethics for Professional Accountants
Important ethical requirements that professional accountants should keep in mind:

Responsibilities
Public Interest
Integrity
Objectivity and Independence
Due Care
Scope and Nature of Services

Ethical dilemmas for professional accountants in public and private sectors
Professional Ethics in Practice – Considerations for the Accountant, personal values and ethical conduct for the professional accountant
The Corruption Challenge in Kenya and Ethical Perspectives-Lessons from the EACC on ethics for professionals and the fight against corruption
Assessing the true cost of corruption and unethical behavior to the business
Personal values and ethical conduct for the professional accountant
Professional Misconduct and the Ethical Link – Insights from the ICPAK Disciplinary Committee
Building an Ethical Organization and Capability Among Professionals
Role of the accountant in sustainable governance
Ethical issues in the workplace/business
Emerging issues and trends on ethics, risk, and reporting
Broader view of board diversity to include ethnicity and race
Setting up an effective internal controls’ framework in support of organizational ethics and integrity
Organisational Culture and its impact on ethics for professionals: Effective tone at the top in setting the right culture
Ethics and Leadership

Accounting Professionals as an ethical role model and guardian of integrity
Integrating integrity into business strategy and corporate culture
Mobilizing people to make a positive change in the world and promote public values
Practical approaches of reducing corporate failures

Developing resilience- Mental health for professionals

FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the 2026 Practical Ethics & Compliance Seminar.
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.

Evening Networking Forum-Mental Health (Physical Option)
2026-04-15 16:00 - 18:00 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Evening Networking Forum- Mental Health
Theme- Strengthening Wellbeing, Resilience, and Professional Performance Through Mental Health Awareness
Time: 04pm-06pm
Date: 15th April 2026
Venue- ICPAK Auditorium, CPA Centre
Overview:
Mental health has emerged as a central pillar of professional effectiveness, resilience, and sustainable performance. For accountants, auditors, finance professionals, and business leaders, mental health awareness is critical in navigating high-pressure environments, tight deadlines, regulatory scrutiny, and stakeholder expectations. It encompasses the ability to recognize, understand, and manage one’s own mental and emotional wellbeing, while also fostering supportive relationships and healthy work environments.
A strong foundation in mental health awareness enhances self-care, stress management, emotional regulation, and resilience. Professionals equipped with these skills are better able to maintain focus, make sound decisions under pressure, manage work-related stress, and engage constructively with colleagues, clients, and stakeholders. Recognizing early warning signs, developing coping strategies, and accessing support are vital competencies that enable individuals and teams to thrive, even in high-stakes professional contexts.
Organizations and professional environments that prioritize mental health see tangible benefits in performance, collaboration, and innovation. Teams with mentally healthy work cultures demonstrate higher engagement, psychological safety, accountability, and adaptive capacity. Leaders who model and promote mental wellbeing create environments where individuals feel supported, empowered, and motivated to contribute meaningfully. As professional workplaces contend with long hours, complex client demands, and remote or hybrid work dynamics, mental health awareness has become essential for sustainable professional growth and organizational resilience.
This Evening Networking Forum offers participants an opportunity to deepen their understanding of mental health while engaging in a physical, interactive setting. Through guided discussions, scenario-based activities, and practical exercises, participants will explore strategies to manage stress, maintain resilience, and support colleagues’ mental wellbeing. The session blends learning with networking, allowing participants to practice insights in real interpersonal interactions in a supportive environment.
A practical component, The Mental Health Mirror, enables participants to reflect on personal stress triggers, coping mechanisms, and behavioral patterns that affect wellbeing. Peer-based exercises reinforce understanding, encourage empathy, and provide a safe space to practice stress management and self-care strategies while receiving constructive feedback.
In recognition of the importance of mental health in professional performance and leadership effectiveness, the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this Evening Networking Forum. The session is designed to inspire self-awareness, promote resilience, and empower participants to integrate mental health strategies into their professional and personal lives.
The forum is designed to cover the following areas:

Foundations of Mental Health for Professionals
Mental Health and Professional Effectiveness
The Mental Health Mirror: Guided Self-Reflection and Practical Application
Applying Mental Health Awareness in Real Workplace Scenarios
Networking with Mental Health Awareness

Target Audience:
This forum is designed for professionals from all industries and experience levels who are looking to improve their ability to manage stress and build resilience in their careers
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending and participating in the forum.
Financial Commitment:
The workshop charges are Kes. 2,000. Charges will cater for the forum fees, learning materials, and e-certificates of attendance
Online Booking:
We call on Webinar 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 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.

Evening Networking Forum-Mental Health (virtual option)
2026-04-15 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Evening Networking Forum- Mental Health
Theme- Strengthening Wellbeing, Resilience, and Professional Performance Through Mental Health Awareness
Time: 04pm-06pm
Date: 15th April 2026
Venue- Zoom
Overview:
Mental health has emerged as a central pillar of professional effectiveness, resilience, and sustainable performance. For accountants, auditors, finance professionals, and business leaders, mental health awareness is critical in navigating high-pressure environments, tight deadlines, regulatory scrutiny, and stakeholder expectations. It encompasses the ability to recognize, understand, and manage one’s own mental and emotional wellbeing, while also fostering supportive relationships and healthy work environments.
A strong foundation in mental health awareness enhances self-care, stress management, emotional regulation, and resilience. Professionals equipped with these skills are better able to maintain focus, make sound decisions under pressure, manage work-related stress, and engage constructively with colleagues, clients, and stakeholders. Recognizing early warning signs, developing coping strategies, and accessing support are vital competencies that enable individuals and teams to thrive, even in high-stakes professional contexts.
Organizations and professional environments that prioritize mental health see tangible benefits in performance, collaboration, and innovation. Teams with mentally healthy work cultures demonstrate higher engagement, psychological safety, accountability, and adaptive capacity. Leaders who model and promote mental wellbeing create environments where individuals feel supported, empowered, and motivated to contribute meaningfully. As professional workplaces contend with long hours, complex client demands, and remote or hybrid work dynamics, mental health awareness has become essential for sustainable professional growth and organizational resilience.
This Evening Networking Forum offers participants an opportunity to deepen their understanding of mental health while engaging in a physical, interactive setting. Through guided discussions, scenario-based activities, and practical exercises, participants will explore strategies to manage stress, maintain resilience, and support colleagues’ mental wellbeing. The session blends learning with networking, allowing participants to practice insights in real interpersonal interactions in a supportive environment.
A practical component, The Mental Health Mirror, enables participants to reflect on personal stress triggers, coping mechanisms, and behavioral patterns that affect wellbeing. Peer-based exercises reinforce understanding, encourage empathy, and provide a safe space to practice stress management and self-care strategies while receiving constructive feedback.
In recognition of the importance of mental health in professional performance and leadership effectiveness, the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this Evening Networking Forum. The session is designed to inspire self-awareness, promote resilience, and empower participants to integrate mental health strategies into their professional and personal lives.
The forum is designed to cover the following areas:

Foundations of Mental Health for Professionals
Mental Health and Professional Effectiveness
The Mental Health Mirror: Guided Self-Reflection and Practical Application
Applying Mental Health Awareness in Real Workplace Scenarios
Networking with Mental Health Awareness

Target Audience:
This forum is designed for professionals from all industries and experience levels who are looking to improve their ability to manage stress and build resilience in their careers
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending and participating in the forum.
Financial Commitment:
The workshop charges are Kes. 2,000. Charges will cater for the forum fees, learning materials, and e-certificates of attendance
Online Booking:
We call on Webinar 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 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.

THE ANNUAL CONVENTION FOR CEOs, ACCOUNTING OFFICERS AND CECs
2026-04-20 09:00 - 2026-04-24 15:30 | Sarova Whitesands Beach Resort & Spa Mombasa, Mombasa
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE ANNUAL CONVENTION FOR CEOs, ACCOUNTING OFFICERS & CECs
Theme: Future-Ready Leadership: Driving Value, Resilience & Strategic Impact
Date: 20th – 24th April 2026
Time: 09.00am-03.30pm
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
INTRODUCTION
Leadership, governance, and public sector accountability continue to serve as foundational pillars for national development, public confidence, and institutional effectiveness across the world. In recent years, Kenya—like many countries across Africa and beyond—has experienced significant shifts in its governance, fiscal management, and public service delivery landscape. These developments have been influenced by technological advancements, evolving regulatory frameworks, heightened public scrutiny, and a global push toward ethical leadership, transparency, and sustainable development. Increasingly, leaders are required to operate in environments defined by complexity, uncertainty, and accelerated change.
In Kenya, rising fiscal pressures, growing public expectations, and intensified demands for accountability have compelled public institutions to rethink how they manage resources, deliver services, and uphold ethical standards. County Governments, State Corporations, and national agencies face competing priorities: addressing revenue constraints, strengthening internal controls, improving procurement management, leveraging technology, and aligning institutional mandates with national development agendas such as Vision 2030, MTP IV, the Bottom-Up Economic Transformation Agenda (BETA), and the Sustainable Development Goals (SDGs).
At the same time, the digital transformation of government processes—ranging from e-citizen services to automated financial management systems—has reshaped how leaders plan, execute, monitor, and account for public resources. These shifts demand leaders who possess not only technical and strategic competency, but also agility, ethical grounding, and the ability to lead high-performance institutions in dynamic environments.
Regional integration within the East African Community, global economic realignments, and shifting geopolitical dynamics have further underscored the need for resilient, future-ready leadership. As public and private sector organizations expand their mandates, adopt new technologies, and navigate increasing risk exposure, executives must be well-equipped to evaluate emerging threats, leverage innovation, strengthen stakeholder engagement, and build systems that promote stability and long-term sustainability. Issues such as public debt sustainability, environmental and social governance (ESG), climate-related risks, service delivery challenges, and growing citizen demands have made leadership more complex than ever before.
Amidst these pressures, the need for strong ethical leadership, strategic decision-making, and governance excellence has grown significantly. Executives must be capable of cultivating integrity-driven institutional cultures, managing reputational risk, enhancing communication with stakeholders, and ensuring compliance with the law while upholding public trust. The expectations placed on CEOs, Accounting Officers, and CECs have deepened, requiring a blend of strategic foresight, operational discipline, ethical awareness, and collaborative leadership.
Against this backdrop, the Annual Convention for CEOs, Accounting Officers & CECs provides a timely, high-impact, and forward-looking platform for capacity building, policy dialogue, and practical learning. The five-day convention brings together senior leaders, policymakers, governance experts, and technical specialists to explore best practices, emerging issues, and innovative approaches shaping leadership in Kenya’s public and private sectors. Through knowledge-sharing, panel discussions, case studies, and interactive sessions, the convention equips participants with the frameworks, insights, and tools necessary to enhance institutional performance, strengthen governance structures, manage risks, and deliver sustainable public value.
ANNUAL CONVENTION OBJECTIVES
Participants will be able to benefit from the following upon successful completion:

Strengthen understanding of enterprise risk management foundations: Deepen knowledge of core risk management principles, frameworks, and best practices relevant to accountants, auditors, and risk champions.
Enhance capacity in risk identification and analysis: Build skills in recognizing, documenting, and analyzing risks using structured methodologies, stakeholder engagement techniques, and evidence-based approaches.

iii. Develop competence in risk classification and evaluation: Understand how to categorize risks—strategic, operational, financial, and compliance—and assess their significance, likelihood, and potential impact on organizational performance.

Improve proficiency in risk assessment and prioritization: Apply practical tools and assessment matrices to evaluate risk severity, determine priorities, and support informed decision-making.
Strengthen ability to plan and implement risk mitigation strategies: Learn to design practical, actionable, and cost-effective mitigation plans aligned with organizational objectives and governance expectations.
Advance skills in building and reviewing risk registers: Master the preparation, structuring, and continuous review of risk registers as dynamic tools for monitoring risk exposures and supporting strategic oversight.

vii. Enhance knowledge of technology-enabled risk management: Explore how GRC platforms, cloud-based solutions, and automated tools enhance risk tracking, reporting, visualization, and documentation.
viii. Promote ethical and professional conduct in risk governance: Reinforce integrity, independence, and accountability as central pillars of effective risk management and audit practice.

Strengthen application of scenario analysis: Gain practical experience in modeling interconnected risks, stress-testing assumptions, and evaluating the resilience of mitigation measures.
Foster practical capability through casework and exercises: Engage in hands-on sessions, group assignments, and real-world case studies to translate risk-based audit planning concepts into actionable skills.
Support continuous professional development: Enhance technical competence and practical readiness of accountants and auditors in line with ICPAK’s professional standards, regulatory expectations, and CPD requirements.

ANNUAL CONVENTION TOPICS
The Annual Convention for CEOs, Accounting Officers & CECs will delve into the following topical areas among others:
Theme 1: Strategic Leadership and Governance Excellence

Leadership Competencies for Modern CEOs and Accounting Officers
Board Dynamics, Roles, Responsibilities & Effective Oversight
Strengthening Collaboration with Senior Management & Stakeholders

Theme 2: Risk, Resilience & Decision-Making

Enterprise Risk Management for Executives
Risk-Informed Decision-Making and Scenario Planning
Crisis Management, Continuity Planning & Organizational Resilience

Theme 3: Financial Stewardship & Accountability

Oversight of Public and Private Resources
Ethical Financial Management, Compliance & Audit Readiness
Reporting, Transparency & Accountability for Decision-Making
Feedback from OAG & COB

Theme 4: Change, Digital Transformation & Stakeholder Engagement

Leading Institutional Change and Transformation
Leveraging Technology, Data & Digital Systems for Performance
Communication, Public Engagement & Strengthening Public Confidence

Theme 5: Sustainability, ESG & Public Value

Integrating ESG Principles into Strategy and Operations
Aligning Institutional Goals with SDGs & National Development Priorities
County Government Sustainability, OSR Enhancement & Service Delivery

TARGET AUDIENCE
The Convention will be beneficial to CEOs, Managing Directors, General Managers, Deputy CEOs, CECs from County Governments, Academia and other interested professionals.
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Member
Kes. 74,000 per Delegate

Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
Delegates are advised to make own travel and accommodation arrangements.

CPD UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Convention.
ONLINE BOOKING:
We 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 and is available online at www.icpak.com/events.
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 +254 719 074 000, or via email to marketing@icpak.com

THE FINANCIAL REPORTING WEEK 2026 EDITION I (MANDATORY TRAINING) physical option
2026-04-20 09:00 - 2026-04-24 15:30 | Safari Park Hotel & Casino, Thika Road, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
THE FINANCIAL REPORTING WEEK 2026 EDITION I (MANDATORY TRAINING)
Theme: Enhancing Competence and Excellence in Financial Reporting
Date: 20th -24th April 2026
Venue: Safari Park Hotel & Casino Thika Road, Nairobi
(This is one of the mandatory trainings for Practicing Certificate consideration)
OVERVIEW
The landscape of financial reporting is evolving at an unprecedented pace, driven by global regulatory reforms, rapid technological advancements, and the growing expectations of stakeholders for transparency, accuracy, and timely information. Organizations rely on financial reporting not only to meet compliance requirements but also as a strategic tool that informs decision-making, resource allocation, and performance evaluation. In this context, accountants and finance professionals play a pivotal role in ensuring that financial statements are both reliable and relevant, reflecting the true financial position and performance of the organization.
Accurate financial reporting is essential for maintaining trust with investors, regulators, lenders, and other stakeholders. Errors, omissions, or misstatements in financial statements can have significant legal, reputational, and financial consequences. This makes continuous professional development in financial reporting critical, particularly for practicing accountants who are required to uphold the highest standards of accuracy and accountability. The Financial Reporting Week offers a structured platform for participants to deepen their understanding of current standards, explore practical application techniques, and engage with real-life scenarios that challenge conventional approaches.
Modern financial reporting emphasizes the integration of analytical insights and strategic foresight. Professionals are expected to go beyond recording transactions, to interpret financial data in ways that support operational and strategic decision-making. The program equips delegates with tools and methodologies that enhance analytical capabilities, improve reporting accuracy, and foster a culture of proactive problem-solving. By emphasizing both technical competence and strategic thinking, participants will be better positioned to add tangible value to their organizations.
Technology is reshaping the way financial information is recorded, processed, and presented. Automation, artificial intelligence, cloud-based platforms, and data analytics are increasingly integrated into financial reporting processes to enhance efficiency, reduce errors, and enable real-time reporting. The training introduces participants to these modern tools, illustrating how technology can streamline reporting processes, improve data quality, and support timely decision-making. Delegates gain insights on adopting technology without compromising compliance or ethical standards, preparing them for the evolving demands of the profession.
Finally, professional ethics, governance, and transparency remain at the core of effective financial reporting. Accountants are entrusted with safeguarding the integrity of financial information, ensuring that reports reflect true and fair views of organizational performance. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized the Financial Reporting Week to equip participants with practical skills for preparing, analyzing, and presenting financial statements. The training provides a structured exploration of IFRS and IPSAS standards, integrated and sustainability reporting, emerging technology in reporting, and governance and ethical considerations. By the end of the program, participants will be better prepared to deliver high-quality, decision-useful financial reports that meet global standards, strengthen governance, and enhance organizational capacity to create long-term value.
LEARNING OBJECTIVES
This program is divided into the following modules covering various aspects.

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

Day 1
Updates on Standards and reporting
Evolution of Financial Reporting Standards and summary update on current changes
1. IFRS, IPSAS, and local frameworks
2. Convergence and divergence of standards
3. Global reporting trends
4. Regulatory compliance requirements
5. Implications for organizational reporting

IFRS 15- Revenue from Contracts with customers

· Overview of IFRS 15
· Five-Step Model for revenue recognition
· Recognizing revenue and contract costs
· Disclosures

IFRS 18 – Presentation and disclosure of financial statements

· Introduction to IFRS 18
· Objective and Scope of IFRS 18
· Presentation of Financial Statements
· Disclosure Requirements
· Impact of IFRS 18 on financial reporting
· Challenges and best practices in implementing IFRS 18

Day 2

Sustainability Reporting
IFRS S1
General requirements for disclosure of sustainability -related financial information

IFRS S2
IFRS S2: Climate-related disclosures

GHG Computations
· GHG Emissions computations
· GHG emission disclosures
· Industry-Focused Examples and Case Studies

Day 3

Income Tax, ethical requirements for accountants and IAS 19 Employee benefits

IAS 19-Employee Benefits
· Recognition and Disclosure
· Short term benefits
· Post employment Benefits
· Other Longterm Benefits

IAS 12 -Income tax
Deferred Tax and deferred income
· Deferred taxes and current taxes
· Recognition requirements under the standard
· Deferred tax asset or a deferred tax liability
· IAS 12 standard’s disclosure requirements.

Code of Ethics for Professional Accountants
· International Code of Ethics for Professional Accountants (IESBA Code)
· Ethical principles in reporting Governance frameworks
· Strengthening internal controls
· Accountability and transparency
· Role of accountants in public trust

Day 4

IFRS Standards
IFRS 11-Joint Arrangements
IFRS 10-Consolidated financial statements

· Objective and scope of IFRS 11
· Relationship with IFRS 10 and IAS 28
· Scope of IFRS 10 and IAS 28
· Determining Control, Joint Control, and Significant Influence
· Interaction between IFRS 10, IFRS 11, and IAS 28

IFRS 12- Disclosure of interest in other entities
IAS 28-Investment in Associates and Joint Ventures
· Classification of Joint Arrangements (IFRS 11)
· Accounting Treatment for Joint Arrangements
· Equity Method Accounting (IAS 28)
· Changes in Ownership and Complex Scenarios
· Disclosure Requirements (IFRS 12)

IFRS 11-Joint Arrangements
IFRS 12- Disclosure of interest in other entities
IFRS 10-Consolidated Financial statements
IAS 28-Investment in Associates and Joint Ventures
· Objective and scope of IFRS 11
· Relationship with IFRS 10 and IAS 28
· Scope of IFRS 10 and IAS 28
· Determining Control, Joint Control, and Significant Influence
· Interaction between IFRS 10, IFRS 11, and IAS 28
· Classification of Joint Arrangements (IFRS 11)
· Accounting Treatment for Joint Arrangements
· Equity Method Accounting (IAS 28)
· Changes in Ownership and Complex Scenarios
· Disclosure Requirements (IFRS 12)

Day 5
IFRS & Financial planning for professionals
IFRS 9 and IFRS 7

· Classification & Measurement:
· Impairment
· Disclosures
· Risk management

Financial planning for professionals
· Cashflows and budgeting
· Debt management
· Investments and wealth management

TARGET AUDIENCE:
ICPAK Members, Accountants in private sector, Chief Finance Officers, Finance Directors and Managers, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Professionals working in private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
FINANCIAL INVESTMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the event.
ONLINE BOOKING:
We 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
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)
SPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION
The 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.
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.

THE FINANCIAL REPORTING WEEK 2026 EDITION I (MANDATORY TRAINING) virtual option
2026-04-20 09:00 - 2026-04-24 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
THE FINANCIAL REPORTING WEEK 2026 EDITION I (MANDATORY TRAINING)
Theme: Enhancing Competence and Excellence in Financial Reporting
Date: 20th -24th April 2026
Venue: Virtual Delivery
(This is one of the mandatory trainings for Practicing Certificate consideration)
OVERVIEW
The landscape of financial reporting is evolving at an unprecedented pace, driven by global regulatory reforms, rapid technological advancements, and the growing expectations of stakeholders for transparency, accuracy, and timely information. Organizations rely on financial reporting not only to meet compliance requirements but also as a strategic tool that informs decision-making, resource allocation, and performance evaluation. In this context, accountants and finance professionals play a pivotal role in ensuring that financial statements are both reliable and relevant, reflecting the true financial position and performance of the organization.
Accurate financial reporting is essential for maintaining trust with investors, regulators, lenders, and other stakeholders. Errors, omissions, or misstatements in financial statements can have significant legal, reputational, and financial consequences. This makes continuous professional development in financial reporting critical, particularly for practicing accountants who are required to uphold the highest standards of accuracy and accountability. The Financial Reporting Week offers a structured platform for participants to deepen their understanding of current standards, explore practical application techniques, and engage with real-life scenarios that challenge conventional approaches.
Modern financial reporting emphasizes the integration of analytical insights and strategic foresight. Professionals are expected to go beyond recording transactions, to interpret financial data in ways that support operational and strategic decision-making. The program equips delegates with tools and methodologies that enhance analytical capabilities, improve reporting accuracy, and foster a culture of proactive problem-solving. By emphasizing both technical competence and strategic thinking, participants will be better positioned to add tangible value to their organizations.
Technology is reshaping the way financial information is recorded, processed, and presented. Automation, artificial intelligence, cloud-based platforms, and data analytics are increasingly integrated into financial reporting processes to enhance efficiency, reduce errors, and enable real-time reporting. The training introduces participants to these modern tools, illustrating how technology can streamline reporting processes, improve data quality, and support timely decision-making. Delegates gain insights on adopting technology without compromising compliance or ethical standards, preparing them for the evolving demands of the profession.
Finally, professional ethics, governance, and transparency remain at the core of effective financial reporting. Accountants are entrusted with safeguarding the integrity of financial information, ensuring that reports reflect true and fair views of organizational performance. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized the Financial Reporting Week to equip participants with practical skills for preparing, analyzing, and presenting financial statements. The training provides a structured exploration of IFRS and IPSAS standards, integrated and sustainability reporting, emerging technology in reporting, and governance and ethical considerations. By the end of the program, participants will be better prepared to deliver high-quality, decision-useful financial reports that meet global standards, strengthen governance, and enhance organizational capacity to create long-term value.
LEARNING OBJECTIVES
This program is divided into the following modules covering various aspects.

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

Day 1
Updates on Standards and reporting
Evolution of Financial Reporting Standards and summary update on current changes
1. IFRS, IPSAS, and local frameworks
2. Convergence and divergence of standards
3. Global reporting trends
4. Regulatory compliance requirements
5. Implications for organizational reporting

IFRS 15- Revenue from Contracts with customers

· Overview of IFRS 15
· Five-Step Model for revenue recognition
· Recognizing revenue and contract costs
· Disclosures

IFRS 18 – Presentation and disclosure of financial statements

· Introduction to IFRS 18
· Objective and Scope of IFRS 18
· Presentation of Financial Statements
· Disclosure Requirements
· Impact of IFRS 18 on financial reporting
· Challenges and best practices in implementing IFRS 18

Day 2

Sustainability Reporting
IFRS S1
General requirements for disclosure of sustainability -related financial information

IFRS S2
IFRS S2: Climate-related disclosures

GHG Computations
· GHG Emissions computations
· GHG emission disclosures
· Industry-Focused Examples and Case Studies

Day 3

Income Tax, ethical requirements for accountants and IAS 19 Employee benefits

IAS 19-Employee Benefits
· Recognition and Disclosure
· Short term benefits
· Post employment Benefits
· Other Longterm Benefits

IAS 12 -Income tax
Deferred Tax and deferred income
· Deferred taxes and current taxes
· Recognition requirements under the standard
· Deferred tax asset or a deferred tax liability
· IAS 12 standard’s disclosure requirements.

Code of Ethics for Professional Accountants
· International Code of Ethics for Professional Accountants (IESBA Code)
· Ethical principles in reporting Governance frameworks
· Strengthening internal controls
· Accountability and transparency
· Role of accountants in public trust

Day 4

IFRS Standards
IFRS 11-Joint Arrangements
IFRS 10-Consolidated financial statements

· Objective and scope of IFRS 11
· Relationship with IFRS 10 and IAS 28
· Scope of IFRS 10 and IAS 28
· Determining Control, Joint Control, and Significant Influence
· Interaction between IFRS 10, IFRS 11, and IAS 28

IFRS 12- Disclosure of interest in other entities
IAS 28-Investment in Associates and Joint Ventures
· Classification of Joint Arrangements (IFRS 11)
· Accounting Treatment for Joint Arrangements
· Equity Method Accounting (IAS 28)
· Changes in Ownership and Complex Scenarios
· Disclosure Requirements (IFRS 12)

IFRS 11-Joint Arrangements
IFRS 12- Disclosure of interest in other entities
IFRS 10-Consolidated Financial statements
IAS 28-Investment in Associates and Joint Ventures
· Objective and scope of IFRS 11
· Relationship with IFRS 10 and IAS 28
· Scope of IFRS 10 and IAS 28
· Determining Control, Joint Control, and Significant Influence
· Interaction between IFRS 10, IFRS 11, and IAS 28
· Classification of Joint Arrangements (IFRS 11)
· Accounting Treatment for Joint Arrangements
· Equity Method Accounting (IAS 28)
· Changes in Ownership and Complex Scenarios
· Disclosure Requirements (IFRS 12)

Day 5
IFRS & Financial planning for professionals
IFRS 9 and IFRS 7
· Classification & Measurement:
· Impairment
· Disclosures
· Risk management

Financial planning for professionals
· Cashflows and budgeting
· Debt management
· Investments and wealth management

TARGET AUDIENCE:
Board 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.
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 54,000 per Delegate
Kes. 25,000

Full Members
Kes. 59,000 per Delegate
Kes. 25,000

Non-Member
Kes. 64,000 per Delegate
Kes. 25,000

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the event.
ONLINE BOOKING:
We 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
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)
SPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION
The Tax Convention 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.
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.

THE INTERNAL AUDIT MASTERCLASS-MANDATORY TRAINING
2026-04-20 09:00 - 2026-04-24 15:30 | EKA HOTEL, ELDORET, 00200, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
THE INTERNAL AUDIT MASTERCLASS (MANDATORY TRAINING)
Theme: Driving Organizational Resilience, Governance Excellence, and Sustainable Value Through Advanced Internal Audit Practice
Date: 20th – 24th April 2026
Time: 09.00am-03.30pm
Venue: Eka Hotel, Eldoret
(This is one of the mandatory trainings for practicing certificate consideration)
OVERVIEW
Internal audit is a fundamental pillar of corporate governance, entrusted with safeguarding organizational assets, strengthening internal control systems, and supporting boards and management in fulfilling their mandates. In today’s volatile and competitive environment, internal auditors must possess a deep understanding of the business—its mission, strategic priorities, risks, and operating landscape. At the heart of the profession lies a guiding question: Are we governing, managing, and executing in ways that protect and create sustainable value?
Global and regional dynamics are reshaping organizational realities. Technological disruption, digital transformation, cybersecurity threats, heightened regulatory demands, ESG reporting expectations, shifting markets, and economic uncertainties have intensified stakeholder calls for transparency, accountability, and timely insights into emerging risks. This evolution has elevated internal audit from a compliance-oriented function to a forward-looking, strategic partner in organizational resilience and governance excellence.
The release of the Global Internal Audit Standards (2025) marks a milestone for the profession. These harmonized standards set enhanced expectations around ethical conduct, independence, objectivity, competence, and audit quality. They emphasize robust assurance methodologies, data-driven audits, agile practices, and a sharpened focus on risk management and governance effectiveness. To remain relevant, internal auditors must integrate advanced analytics, digital auditing tools, ESG considerations, and strategic insight into their work.
Across Kenya and the wider region, organizations face economic pressures, governance reforms, digital adoption, climate-related risks, and tightening regulatory oversight. This dynamic environment demands internal auditors who can provide credible assurance, exercise sound judgment, maintain professional skepticism, and deliver evidence-based insights to executive leadership. Effectiveness is now measured not only by the quality of findings, but by the ability to anticipate risks, guide decision-making, and enhance long-term organizational value.
Leading an internal audit function requires a delicate balance of technical excellence, diplomacy, and leadership. With teams often comprising both seasoned auditors and newcomers, leaders must manage expectations, uphold audit quality, nurture talent, and safeguard independence. Navigating organizational politics, communicating difficult messages, and aligning with governance priorities call for maturity, resilience, and strategic acumen.
Internal audit functions must also continually assess their readiness and relevance. This involves strengthening competencies, adopting new technologies, advancing methodologies, and conducting periodic quality assessments. A progressive audit function embraces continuous improvement, fosters ethical culture, and reinforces accountability across the organization.
Against this backdrop, ICPAK has organized the Internal Audit Masterclass, a five-day program bringing together internal auditors, audit committee members, governance practitioners, and professionals from diverse sectors. The Masterclass will explore the Global Internal Audit Standards (2025), advanced risk-based auditing, governance collaboration, ESG assurance, cybersecurity, digital auditing, and strategic advisory capabilities. Designed to be highly experiential, the program combines expert-led presentations, case studies, scenario-based learning, practical demonstrations, and peer exchange. Participants will gain insights into what works, what does not, and what defines excellence in modern internal audit practice, while networking widely with peers from both public and private sectors.
By the end of the program, participants will be equipped to elevate internal audit quality, reinforce governance frameworks, deliver value-adding assurance, and support decision-making processes that advance transparency, accountability, and sustainable performance. The Masterclass underscores ICPAK’s commitment to strengthening the internal audit profession and empowering practitioners to meet the demands of an increasingly complex risk environment.
The Masterclass is divided into the following five modules covering key fundamental learning areas:

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

DAY 1
1. Understanding the Global and Kenyan Audit Landscape
An overview of the global and Kenyan internal audit landscape
1. Global trends and emerging audit risks
2. Kenyan audit environment: regulatory, economic, and technological factors
3. Strategic relevance of internal audit

Introduction to Global Internal Audit Standards (2025)
1. Key principles and components of the 2025 Standards
2. Differences from previous standards
3. Implications for audit planning, execution, and reporting

Developing Internal Audit Frameworks

1. Implementation process for internal audit frameworks
2. Roles of boards, management, and audit committees
3. Building a risk-aware and audit-focused organizational culture

DAY 2

2. Governance, Ethics, and Risk-Based Auditing
Strengthening audit governance

1.Board and committee oversight roles
2. Ethical leadership, independence, and objectivity3. Audit charters and professional standards4.Organizational culture, tone at the top, and control environment

Advanced Risk-Based Audit Methodologies
1.Identifying operational, strategic, and emerging risks
2. Risk scoring, mapping, and prioritization
3. Heat maps and risk matrices

Embedding Internal Audit into Strategy
1. Linking audit outcomes to organizational objectives
2. Integrating audit insights into decision-making
3. Measuring audit impact on organizational performance

DAY 3
3. Digital Transformation and Internal Audit
Technology-enabled auditing
1. Leveraging data analytics, AI, and automation
2. Cybersecurity and data governance
3. Continuous monitoring and reporting

ESG and Sustainability Assurance
1. Providing assurance on ESG disclosures – ISSA 5000
2. Ethical, social, and environmental considerations
3. Aligning ESG audit with strategy

Practical Case Studies
1. Lessons from private and public sector audits
2. Real-world scenarios and challenges
3. Tools for audit quality improvement

DAY 4
4. Crisis Management, Reporting, and Advisory
Business continuity and crisis management
1. Audit’s role in disaster recovery and incident response
2. Ensuring organizational resilience
3. Incorporating crisis management into audit plans

Advanced Reporting & Assurance
1. Communicating risk insights effectively
2. Clear and concise reporting
3. Compliance and regulatory alignment

Strategic Advisory for Management
1. Providing value-added guidance
2. Supporting governance and risk decisions
3. Building trust with executives and stakeholder

DAY 5
5. Future of Internal Audit & Practical Application
Trends, Innovations & the Future of Internal Audit
1. Agile and future-ready audit functions
2. Preparing for emerging risks and disruptions
3. Strengthening internal audit’s role as a strategic partner

Managing the Internal Audit Function
1. Strategic planning of internal audit
2. Resource management
3. Quality assurance and improvement program (QAIP)
4. Performance measurement

TARGET AUDIENCE:
ICPAK Members, Internal Auditors, Board Directors, Professionals working in different sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
This Master Class is one of the mandatory trainings for Practicing Certificate consideration. It is also open to all Internal Audit Professionals, Audit Committee Members, Senior Management of Organizations, CEOs and Boards.
YOUR INVESTMENT:
This Master Class shall be provided at a cost of Kes.95,000 per delegate. The cost caters for seminar fees, seminar giveaways and learning materials and a hard copy certificate of attendance. Delegates are encouraged to make own travel and accommodation arrangements.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Master Class.
ONLINE BOOKING:
We 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 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 +254 719 074 000, or via email to marketing@icpak.com

First Campaign Forum 2026 Council Elections Virtual Attendance
2026-04-23 15:30 - 17:00 | Online
First Campaign Forum 2026 Council Elections
To held physically and virtually
Thursday, 23rd April 2026 from 3.30pm to 5.00 p.m.

First Campaign Forum 2026 Council Elections Physical Attendance
2026-04-23 15:30 - 17:00 | Safari Park Hotel & Casino, Thika Road, Nairobi

THE ABCs OF FINANCE: FINANCE FOR NON-FINANCE PROFESSIONALS CONFERENCE
2026-05-04 09:00 - 2026-05-08 15:30 | Sawela Lodge, Naivasha, 00100, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE ABCs OF FINANCE: FINANCE FOR NON-FINANCE PROFESSIONALS CONFERENCE
Theme: Empowering Non-Finance Professionals with Practical Financial Insights for Informed Decision-Making
Date: 4th-8th May 2026
Time: 09.00am-03.30pm
Venue: Sawela Lodge, Naivasha.
OVERVIEW
In today’s interconnected business environment, financial literacy is no longer confined to accountants and finance specialists. Non-finance professionals, such as managers in marketing, operations, HR, or IT, increasingly need to understand financial principles to contribute effectively to organizational success. Finance training equips them with the tools to interpret financial data, make informed decisions, and align their departmental goals with the company’s overall financial health.
There is a growing need for professionals in all fields to have a basic understanding of financial concepts that would enable them to contribute to organizational decision-making. Interpreting financial information and appreciating the consequences of budgetary decisions, or understanding the financial health of an entity, are no longer the exclusive domain of a finance department. As organizations increasingly adopt more integrated approaches to operations, finance continues to play a central role in ensuring transparency, sustainability, and responsible resource allocation. Enhancing financial competencies among staff outside the finance function supports better governance structures, reduces risk, and enhances the effective monitoring of performance
One of the primary benefits of finance training for non-finance professionals is enhanced decision-making. By understanding key concepts like budgeting and cost control, non finance professionals will be able evaluate the financial implications of their choices, leading to more strategic and profitable outcomes. This empowers them to identify opportunities for cost savings and revenue growth within their roles.
This finance training will also bridge communication gaps between departments. Non-finance staff often collaborate with finance teams on projects or reports. With basic financial knowledge, they can speak the “language of finance,” ask relevant questions, and provide meaningful input, fostering better teamwork and reducing misunderstandings. The conference will delve into reading and interpreting financial statements—the balance sheet, income statement, and cash flow statement. These documents provide a snapshot of a company’s financial position, performance, and liquidity, allowing professionals to assess health and spot potential issues early. The discussions will bridge the gap in knowledge by equipping the non-finance professional with fundamental financial concepts supportive of informed decision-making, accountability, and performance improvement across roles and sectors.
The ABCs of Finance for Non-Finance Professionals Conference aims to demystify core areas of finance perceived to be complex. The approach is designed to give participants insights, in a practical way, into how financial systems work, what the financial statements really say, and how financial plans drive strategy and operational priorities. This conference offers an enabling, yet simplified, approach toward financial literacy, empowering professionals to engage confidently with financial conversations and meaningfully contribute to organizational planning and control processes.
At the end of the conference, participants should be able to appreciate how to interpret financial information; understand how budgets are prepared; analyze the performance of an organization; and assist executives in strategic resource allocation decisions.
The following topics will be discussed during the conference:

Introduction to Financial Management – Understanding the role of finance in organizational operations and decision-making.
Understanding Key Financial Statements – A practical guide to interpreting the statement of financial position, income statement, and cash flow statement.
Budgeting and Budgetary Controls – How budgets are prepared, monitored, and applied to manage resources effectively.
Cost Management and Cost Behaviour – Key concepts in identifying, classifying, and managing costs within different operational settings.
Working Capital and Cash Flow Essentials – Appreciating the importance of liquidity, short-term financing, and operational cash flow.
Financial Ratios and Performance Analysis – How to evaluate financial performance and organizational health using simple analytical tools.
Internal Controls and Risk Awareness for Non-Finance Staff – Strengthening accountability and safeguarding organizational resources.
Linking Finance to Strategy and Decision-Making – Understanding how financial insights support long-term planning and strategic initiatives.
Ethics, Compliance, and Governance Considerations – Building awareness of ethical responsibilities and compliance requirements influencing financial operations.

TARGET AUDIENCE
This course targets professionals from various fields who need to use financial information regularly in their interactions or organizational planning and decision-making. It will also be of relevance and great value to managers and supervisors in operations, human resources, procurement, administration, project management, and corporate services who seek a stronger foundation in the concepts of finance for improving their effectiveness. The program will also be of value to entrepreneurs, SMEs, heads of departments, technical staff seeking an improvement in financial literacy, and an understanding of budgets, reports, and financial performance indicators of organizations. Also targeted are public sector officers, NGO personnel, and people moving into positions that have financial responsibilities, for whom discussions will not only enhance their capacity but also provide them with the ability to support good governance, accountability, and proper resource management within their institutions.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successfully completion of the training.
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Member
Kes. 74,000 per Delegate

Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
Delegates are advised to make own travel and accommodation arrangements.

ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on interested participants to note that booking for the event is available online at www.icpak.com and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
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 +254 719 074 000, or via email to marketing@icpak.com

THE INAUGURAL LUMINARY MEN ACCOUNTANTS AND LEADERS CONFERENCE
2026-05-11 09:00 - 2026-05-15 15:30 | Sarova Whitesands Beach Hotel and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE INAUGURAL LUMINARY MEN ACCOUNTANTS & LEADERS CONFERENCE
Theme: Empowering Men for Transformative Leadership in Different Spheres
Date: 11th – 15th May 2026
Time: 09.00am-03.30pm
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
OVERVIEW
The Luminary Men Accountants & Leaders Conference is designed as a premium platform for bringing together male professionals in the accounting, finance, and leadership spheres to reflect upon the evolving role they play in today’s corporate and socio-economic environment. With the relentless evolution of the workplaces supported by technological innovation, regulatory changes, and a call for a new orientation of leadership, men in the profession will need to continuously reboot their skills, mindset, and approaches to leadership.
Job skills training forms the technical foundation for success in professional men’s lives across all professions. Little emphasis is given to life skills such as personal finance management, communication, emotional intelligence, leadership, and resilience to ensure professional men are equipped with a well-rounded skill set for success in the workplace and home. The modern workplace is also experiencing continuous disruption from technology calling for upskilling and continuous learning. Increasingly, the key to thriving in the future workplace will be the ability to harness the power of technology while addressing the ethical and social issues that come with a digitally transformed workplace.
One crucial topic for men in leadership is emotional intelligence. Traditional expectations often discourage men from expressing vulnerability or empathy, yet modern leadership demands self-awareness and the ability to read and manage emotions in oneself and others. Developing emotional intelligence allows male leaders to build stronger relationships, resolve conflicts effectively, and foster trust within teams. By embracing empathy alongside assertiveness, men can move beyond outdated stereotypes of stoicism and lead with greater authenticity and impact in diverse workplaces.
Another important area is inclusive leadership and allyship. As workplaces evolve toward greater gender equity, men in leadership positions must actively support diversity by challenging biases, promoting inclusive decision-making, and serving as allies to underrepresented groups. This involves recognizing privileges associated with traditional male traits in leadership and using influence to create environments where all voices are valued. Male leaders who prioritize inclusion not only enhance team performance but also contribute to broader organizational and societal progress.
Mental health and personal well-being represent a vital topic, particularly amid rising reports of isolation and stress among men. Leaders face immense pressure to provide and perform, often leading to burnout or suppressed emotions. Prioritizing resilience, seeking mentorship, and modeling healthy habits—such as work-life balance and emotional literacy—enable men to sustain long-term effectiveness. Addressing personal health head-on prevents crises and sets a positive example for teams.
Adapting to modern challenges, including economic insecurity and rapid change, is essential for male leaders. Many men grapple with shifting roles in a world of automation, remote work, and evolving expectations of masculinity. Cultivating adaptability, continuous learning, and strategic thinking helps navigate these uncertainties while maintaining purpose and connection.
Finally, balancing strength with vulnerability defines contemporary male leadership. Integrating traditional qualities like decisiveness and vision with openness, humility, and relational skills creates a more holistic approach. Men who seek role models, process past experiences, and build supportive networks lead not through dominance alone but through empowered, collaborative influence that inspires lasting loyalty and results.
The entry of younger generations in the workforce has also become a major disruptor of the rule based traditional workplace. However, future ready companies see the existence of a multigenerational diversity as a great advantage and work tirelessly to unlock the benefits of a multigenerational workplace by leveraging the strengths of each generation.
Complementing the technical and leadership-focused discussions, the conference will cover holistic wellbeing, work-life balance, and personal development, recognizing that effective leadership is developed not only through professional competencies but also in emotionally resilient and purposeful living. The Inaugural Luminary Men Accountants & Leaders Conference aims to create a reflective space, networking opportunities, and mentorship for the nurturing of all-round leaders who have the potential to make positive changes within organizations and greater society. The conference will seek to inspire its participants to achieve excellence, integrity, and adaptability as fundamental attributes through keynote sessions, panel conversations, and practical insights from distinguished leaders.
The following are topics to be discussed during the conference:

Modern Leadership for the Male Professional
Inclusive Leadership & Allyship – the Pinnacle of Survival
Emotional Intelligence & Vulnerable Leadership for Men
Recognizing and Countering Toxic Masculinity Patterns in Leadership
Power Dynamics and How Male Leaders Can Redistribute Influence
Men’s Role in Fostering Inclusive and High-Performing Teams
Mentoring vs. Sponsoring: Why Male Leaders Need to Do More of the Latter
Financial Stewardship in the Family
Work–Life Balance and Personal Well-Being for Professional Men
Mental health, stress management and resilience
Man Talk- Panel Discussion on the leadership journey of renowned leaders
Estate Planning for Male Leaders
Dealing with and Overcoming Divorce
Future-of-Work Leadership: AI, Gen Z expectations, and the end of traditional “alpha” styles
Book Review: Man’s Search for Meaning by Viktor Frankl- In depth insights into finding purpose, even in extreme adversity- a core component of resilient leadership

TARGET AUDIENCE
The conference targets male professionals from all professional backgrounds doubling up as a mentorship and empowerment forum.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successfully completion of the conference.
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Member
Kes. 74,000 per Delegate

1. Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
2. Delegates are advised to make own travel and accommodation arrangements.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on interested participants to note that booking for the event is available online at www.icpak.com and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
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

THE 43RD ANNUAL SEMINAR EDITION 1 (virtual option)
2026-05-18 09:00 - 2026-05-22 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
THE 43RD ANNUAL SEMINAR EDITION 1
Theme: Leading with influence – Accountants as Architects of organizational growth and transformation
HYBRID EVENT: SAROVA WHITESANDS BEACH RESORT & SPA, PRIDE INN PARADISE HOTEL, MOMBASA AND VIRTUAL
DATES: MONDAY 18TH TO FRIDAY 22ND MAY 2026
TIME: 09.00AM-03.30PM
THE 43rd ANNUAL SEMINAR EDITION I SUB-THEMES AND ORGANIZATION
• Day One: Monday 18th May 2026- Arrival and Registration
• Day Two: Tuesday 19th May 2026- The Accountancy Profession
• Day Three: Wednesday 20th May 2026- Technology, Governance, Risk, and Compliance
• Day Four: Thursday 21st May 2026- Ethics and Leadership
• Day Five: Friday 22nd Nov 2026- Personal Branding and Influence
ABOUT ICPAK – THE HOST
The Institute of Certified Public Accountants of Kenya (ICPAK) is a regulatory body mandated to regulate and coordinate the activities of qualified and registered Certified Public Accountants (CPAs) in Kenya – including promoting research into the subject of accountancy and finance and related matters, publication of books, periodicals, journals and articles in connection therewith; promoting the international recognition of the Institute, advising the Examination Board on matters relating to examinations standards and policies, advising the Minister for Finance on matters relating to financial accountability in all sectors of the economy and setting and enforcing standards of professional practice such as accounting, auditing and ethical standards. The Institute is established by an Act of parliament – The Accountants Act and has been in existence since 1978. Over its long history it has registered over 40,000 members. Its members work in diverse sectors of the economy as accountants, financial experts, auditors, financial consultants among other careers within the larger definition of accountancy. Over 1200 of our members have emigrated and are working beyond the borders of Kenya. Members of the Institute are present in 44 different countries around the globe.
ANNUAL SEMINARS – A BRIEF HISTORY
For over four decades, the Institute of Certified Public Accountants of Kenya (ICPAK) has sustained a strong tradition of convening its members annually to reflect on the evolving accountancy profession and emerging issues shaping the national, regional and global landscape. Since the inaugural Annual Seminar held in 1984, the forum has grown into the Institute’s flagship professional development event, symbolizing resilience, unity and the profession’s unwavering commitment to the public interest.
The 43rd ICPAK Annual Seminar celebrates 43 years of thought leadership, professional engagement, and reflective practice in the accounting profession. Building on the momentum of previous editions that explored sustainability reporting, climate change, and the evolving role of accountants, the 2026 seminar will highlight the transformative impact of professional accountants as strategic leaders and influencers in organizations.
Scheduled for 18th to 22nd May 2026, this edition will convene professional accountants, regulators, policymakers, business leaders, public sector officials, and development partners from Kenya, the East African region, and across Africa. The Seminar will emphasize the pivotal role of accountants in driving organizational growth, shaping strategic decisions, and fostering transformation while upholding integrity, ethics, and accountability amidst heightened regulatory scrutiny. Through a carefully curated program combining technical expertise, policy insights, and reflective sessions, participants will be equipped to lead with influence, reinforce governance and ethical standards, ensure transparency in financial and non-financial reporting, and drive meaningful organizational and societal impact.
1. Day Two – The Accountancy Profession
• Professionals as Architects of National Growth and Transformation
• Expanding Career Frontiers for Professional Accountants – ESG Assurance and Sustainability Reporting
• The Accountants Act – From Compliance Framework to Strategic Lever: Deep dive into the Act & Interrelationships with Other Laws
• Accountants Driving National Development and Regional Integration
• Elevation of the Accountancy Profession Globally
• Panel: Are Accountants Ready to Lead Organizational Transformation?
• The Evolving Identity of the Modern Accountant: The Making of Future Ready Accountants
2. Day Three – Technology, Governance, Risk and Compliance
• Technology and Innovation in the Accountancy Profession
– Digital finance transformation and real-time reporting
– Emerging fintech, Digital Assets and Emerging Financial Ecosystems
• Governance
– Direction and strategic oversight
– Risk Management and Internal Controls
– Board Effectiveness
• Navigating Regulations and Under-Compliance – Understanding the Impact of Kenya’s Expanding Regulatory Environment on Organizations (panel)
• Enterprise Risk Management (ERM) – Role of accountants in monitoring, reporting, and mitigating risks
3. Day Four – Ethics and leadership
• The IESBA Code of Ethics: Foundation of Professional Leadership
– Principles in Practice (Integrity, Objectivity, Professional Competence and Due Care, Confidentiality and Professional Behavior)
– Threats to Ethical Compliance
– Embedding Ethical Culture Within Organizations
– Modeling Integrity and Professionalism
– Linking Ethical Leadership to Organizational Performance and Reputation
• Public Trust and Professional Reputation – Discipline and Accountability Mechanisms in Kenya (panel)
• Accountants as Modern day and Future Leaders – (Panel of CEOs)
• Leadership Readiness – Skills and attribute leaders must possess
4. Day Five – Personal branding and power of relationships
• Cultivating fulfilling relationships
• Building Credibility and Personal Brand- Digital Presence and Online Branding
• Leveraging Professional Networks and Associations
TARGET AUDIENCE:
This workshop will be useful to all professional Accountants and those aspiring to join the profession
CONFERENCE CHARGES

Details
Amount

Associate Members
Kes. 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Members
Kes. 74,000 per Delegate

Virtual Option (Members)
Kes. 25,000 per Delegate

Virtual Option (Non-Members)
Kes. 25,000 per Delegate

Accommodation
Delegates are advised to make own accommodation arrangements

Bookings Deadline: Bookings close on Friday, 15th May 2026 at 17:00 pm
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the 43rd Annual Seminar Edition 1.
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).
PARTNERSHIP OPPORTUNITIES
The Annual Seminar presents a perfect opportunity for organizations to showcase their products and services to a target group with high purchasing power, both on personal and corporate levels. With over 2500 participants, you have a perfect opportunity for brand positioning for optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship/partnership opportunities range from cocktail, gala, media sponsorships, exhibitions and advertising. For more information or enquiries please email raphael.nguli@icpak.com
CONTACT DETAILS
Please feel free to contact any of the following persons for any inquiries and/or confirmations:

Contact Person(s)
Cell
Email

ICPAK
+254 719074000
marketing@icpak.com;
memberservices@icpak.com

Brenda Imali
Andrew Kavoo
+254 724211491
+254 721274397
brenda.imali@icpak.com
andrew.kavoo@icpak.com

RISK CHAMPIONS WORKSHOP 2026
2026-05-27 09:00 - 2026-05-29 15:30 | EKA HOTEL, ELDORET, 00200, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
RISK CHAMPIONS WORKSHOP
Theme: Empowering Risk Champions to strengthen organization resilience and governance
27th – 29th May 2026
Eka Hotel, Eldoret
Overview
In today’s dynamic and uncertain business environment, organizations are exposed to a wide range of risks that can affect strategy execution, operational performance, and long-term sustainability. Effective risk management is therefore essential, and Risk Champions play a vital role in embedding a proactive risk culture across the organization. By linking day-to-day operational realities with strategic oversight, Risk Champions strengthen governance, promote accountability, and enhance organizational resilience.
Developing Risk Champions goes beyond basic awareness of risk concepts. It involves equipping individuals with practical skills to identify emerging risks, assess their potential impact, prioritize responses, and implement appropriate mitigation measures. Acting as the first line of defense, Risk Champions monitor risk exposures, coordinate risk information across departments, and ensure alignment with organizational objectives and regulatory requirements. This proactive approach supports informed decision-making, improves transparency, and reinforces stakeholder confidence.
Modern risk environments are increasingly complex and interconnected, organizations must therefore adopt integrated frameworks and technology-enabled solutions, including Governance, Risk, and Compliance (GRC) platforms, to enhance real-time risk tracking, scenario analysis, and enterprise-wide visibility, thereby positioning risk management as a strategic decision-support function.
The Risk Champions Workshop provides a comprehensive overview of the ERM process and its key components, including risk appetite, governance structures, and roles and responsibilities. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this workshop to equip participants with practical skills, insights, and tools to function as proactive Risk Champions who can influence governance, decision-making, and enterprise risk management at all levels.
The workshop is designed to cover the following topics:

DAY
MODULE
TOPICS

DAY 1
Overview of Risk Management and Processes

· What is Risk and Risk Management?
· Types of Risks
· Risk Management Approaches and Risk Management Processes (ISO 31000)
· Risk Management Structure
· Risk Identification and assessment

Risk Identification and Formulation

· Risk Classification,
· Risk Assessment (Identification and Analysis)
· Risk Formulation (The Cause-and-Effect Relationship of Risk)

Risk Ranking and Treatment

· Risk Prioritization and Ranking (The Risk Ranking Matrix)
· Risk Assessment and Prioritization Techniques (Practical)
· Risk Evaluation
· Risk Tolerance and Risk Capacity
· Risk Monitoring and Reviewing,

DAY 2
Risk Matrix and review of Risk Registers (practical)

· Application of the Risk Matrix
· Establishing Risk Registers
· Risk Appetite

Risk Control

· Organizational Resilience and Business Continuity Planning
· Risk Control Techniques
· Using Key Risk Indicators (KRI’s)
· Risk Registers Development
· Risk Management Challenges
· Risk Maturity

Risk Management Implementation

· Risk Management Framework
· Risk Strategy
· Risk Governance
· Risk Readiness Checklist
· Leading Practices in Risk management Implementation

DAY 3
Driving ERM Initiatives and Implementation Projects: Design to Integration
· Overall ERM process, including governance, execution, and reporting.

Leveraging Technology: GRC and Cloud-Based Risk Management (Practical)

· Utilizing Governance, Risk, and Compliance platforms and cloud-based solutions to improve risk tracking, visualization, and reporting.

Risk Mitigation Planning and Scenario Analysis (Practical)
· Developing risk responses (avoid, reduce, transfer, accept)
· Creating action plans
· Testing controls through real-life scenarios

TARGET AUDIENCE:
This workshop will be useful to all Professional Accountants and those aspiring to join the Profession, Risk Champions, Risk / Compliance Officers and Managers ,Internal Audit Function ,Internal Control Function
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 20 Structured CPD Units upon successful completion of the workshop.
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 40,000 per Delegate

Full Members
Kes. 45,000 per Delegate

Non-Member
Kes. 50,000 per Delegate

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

2. Delegates are advised to make own travel and accommodation arrangements
ONLINE BOOKING:
Registration: 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.
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 update

ICPAK 48TH ANNUAL GENERAL MEETING Virtual Attendance
2026-06-05 10:00 - 14:00 | Online

Budget Review and Analysis Seminar (physical option)
2026-06-12 09:00 - 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Budget Review & Analysis Seminar (physical option)
Date: 12th June 2026
Time: 09.00-11.30am
Venue: ICPAK Auditorium, CPA Centre
Overview
The national budget serves as a strategic blueprint outlining the Government’s revenue projections and expenditure plans for the fiscal year, and remains a critical instrument for economic management, resource allocation, and policy prioritization. The FY2025/26 Budget has been formulated against a backdrop of persistent domestic and global economic challenges, including inflationary pressures, elevated debt-servicing costs, and constrained fiscal space, alongside emerging macroeconomic opportunities.
The 2026/27 budget is structured around key economic and social sectors that drive national development, with allocations reflecting government priorities under the Bottom-Up Economic Transformation Agenda (BETA).
The National Treasury has proposed Kshs 4.78 trillion budget for FY 2026/27, equivalent to 23% of GDP. This comprises recurrent expenditure of Kshs. 3,538.7 billion, development expenditure of Kshs. 749.0 billion and transfers to county governments of 495.7 Billion.
According to the Budget Policy Statement 2026, the fiscal deficit including grants is expected to reach Kshs 1,115.8 billion (5.3% of GDP) in FY 2026/27, from the projected deficit of KSh 1,140.7 billion (6.0% of GDP) in FY 2025/26. This will be financed through net external borrowing amounting to KSh 225.5 billion (1.1% of GDP) and net domestic financing of KSh 890.4 billion (4.2% of GDP).
The proposed expenditure is distributed across three broad segments of government spending, with the national government sector (Executive, Parliament and Judiciary) receiving Kshs 2.817 trillion. Education remains the largest sectoral allocation, increasing from Kshs. 754.9 billion in 2025/26 to Kshs. 780 billion in 2026/27, representing a moderate 4%. Infrastructure development, particularly through the Ministry of Roads and Transport, follows closely with an allocation of KSh 312 billion. This highlights sustained investment in connectivity and logistics as key enablers of economic growth.
The health sector also records a significant expansion, with the State Department for Medical Services increasing from KSh 105.95 billion in 2025/26 to KSh 132.97 billion in 2026/27, representing a 25.5% increase. This growth is largely driven by expanded investments in national referral services, health products and technologies, and social protection in health.
Recent economic data indicates that Kenya’s economy expanded by 4.9% year-on-year in Q3 2025, driven largely by resilience in the agriculture and construction sectors. This growth has been achieved despite significant public debt repayment obligations and ongoing fiscal consolidation efforts.
Notwithstanding the growth momentum, the economy continues to face structural challenges, including underperforming revenue collection, high public debt levels, and persistent cost-of-living pressures. Revenue targets have, in recent years, fallen short of projections, while interest payments continue to consume an increasing share of tax revenues—highlighting ongoing public finance management constraints.
It is against this evolving economic landscape that ICPAK convenes the Budget Review & Analysis Seminar – Current State of Affairs, aimed at providing a timely and in-depth analysis of the country’s fiscal position, budget implementation realities, and the implications of recent policy and legislative changes on taxation, public financial management, and overall economic performance.
The seminar will address the following key thematic areas:
• Macroeconomic Performance & Outlook: Economic growth, inflation trends, employment, and sectoral performance.
• Revenue Mobilization & Tax Policy Changes: Recent developments in tax policy, administration, and compliance strategies.
• Fiscal Framework, Budget highlights and Public Expenditure Priorities: Analysis of budgetary allocations to key sectors, including education, health, infrastructure, counties, and social protection.
• Public Debt Dynamics & Fiscal Sustainability: Trends in debt servicing, debt-to-GDP ratio, and emerging fiscal risks.
• Budget Implementation Challenges: Revenue underperformance, execution bottlenecks, pending bills, accountability and governance issues.
• Implications for Professionals & Businesses: Strategic insights for accountants, tax practitioners, CFOs, and financial managers.
• Future Budget & Policy Outlook: Emerging trends and possible scenarios for FY2026/27 and beyond.
Target Audience
Audit and tax practitioners, Personnel handling tax issues in organizations, Representatives from KRA, Taxpayers’ association(s), Accountants, Finance Professionals, Auditors, Chief Finance officers, Academia.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 5 CPD Units upon successfully attending the session.
Cost:

Category
Physical
Virtual

Associates
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Members
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Non-members
Kes.5,500.00 per delegate
Kes.5,000.00 – per delegate

Online Booking:
We call on Seminar 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 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 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)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

Budget Review and Analysis Seminar (virtual option)
2026-06-12 09:00 - 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Budget Review & Analysis Seminar (virtual option)
Date: 12th June 2026
Time: 09.00-11.30am
Venue: Zoom
Overview
The national budget serves as a strategic blueprint outlining the Government’s revenue projections and expenditure plans for the fiscal year, and remains a critical instrument for economic management, resource allocation, and policy prioritization. The FY2025/26 Budget has been formulated against a backdrop of persistent domestic and global economic challenges, including inflationary pressures, elevated debt-servicing costs, and constrained fiscal space, alongside emerging macroeconomic opportunities.
The 2026/27 budget is structured around key economic and social sectors that drive national development, with allocations reflecting government priorities under the Bottom-Up Economic Transformation Agenda (BETA).
The National Treasury has proposed Kshs 4.78 trillion budget for FY 2026/27, equivalent to 23% of GDP. This comprises recurrent expenditure of Kshs. 3,538.7 billion, development expenditure of Kshs. 749.0 billion and transfers to county governments of 495.7 Billion.
According to the Budget Policy Statement 2026, the fiscal deficit including grants is expected to reach Kshs 1,115.8 billion (5.3% of GDP) in FY 2026/27, from the projected deficit of KSh 1,140.7 billion (6.0% of GDP) in FY 2025/26. This will be financed through net external borrowing amounting to KSh 225.5 billion (1.1% of GDP) and net domestic financing of KSh 890.4 billion (4.2% of GDP).
The proposed expenditure is distributed across three broad segments of government spending, with the national government sector (Executive, Parliament and Judiciary) receiving Kshs 2.817 trillion. Education remains the largest sectoral allocation, increasing from Kshs. 754.9 billion in 2025/26 to Kshs. 780 billion in 2026/27, representing a moderate 4%. Infrastructure development, particularly through the Ministry of Roads and Transport, follows closely with an allocation of KSh 312 billion. This highlights sustained investment in connectivity and logistics as key enablers of economic growth.
The health sector also records a significant expansion, with the State Department for Medical Services increasing from KSh 105.95 billion in 2025/26 to KSh 132.97 billion in 2026/27, representing a 25.5% increase. This growth is largely driven by expanded investments in national referral services, health products and technologies, and social protection in health.
Recent economic data indicates that Kenya’s economy expanded by 4.9% year-on-year in Q3 2025, driven largely by resilience in the agriculture and construction sectors. This growth has been achieved despite significant public debt repayment obligations and ongoing fiscal consolidation efforts.
Notwithstanding the growth momentum, the economy continues to face structural challenges, including underperforming revenue collection, high public debt levels, and persistent cost-of-living pressures. Revenue targets have, in recent years, fallen short of projections, while interest payments continue to consume an increasing share of tax revenues—highlighting ongoing public finance management constraints.
It is against this evolving economic landscape that ICPAK convenes the Budget Review & Analysis Seminar – Current State of Affairs, aimed at providing a timely and in-depth analysis of the country’s fiscal position, budget implementation realities, and the implications of recent policy and legislative changes on taxation, public financial management, and overall economic performance.
The seminar will address the following key thematic areas:

Macroeconomic Performance & Outlook: Economic growth, inflation trends, employment, and sectoral performance.
Revenue Mobilization & Tax Policy Changes: Recent developments in tax policy, administration, and compliance strategies.
Fiscal Framework, Budget highlights and Public Expenditure Priorities: Analysis of budgetary allocations to key sectors, including education, health, infrastructure, counties, and social protection.
Public Debt Dynamics & Fiscal Sustainability: Trends in debt servicing, debt-to-GDP ratio, and emerging fiscal risks.
Budget Implementation Challenges: Revenue underperformance, execution bottlenecks, pending bills, accountability and governance issues.
Implications for Professionals & Businesses: Strategic insights for accountants, tax practitioners, CFOs, and financial managers.
Future Budget & Policy Outlook: Emerging trends and possible scenarios for FY2026/27 and beyond.

Target Audience
Audit and tax practitioners, Personnel handling tax issues in organizations, Representatives from KRA, Taxpayers’ association(s), Accountants, Finance Professionals, Auditors, Chief Finance officers, Academia.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 5 CPD Units upon successfully attending the session.
Cost:

Category
Physical
Virtual

Associates
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Members
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Non-members
Kes.5,500.00 per delegate
Kes.5,000.00 – per delegate

Online Booking:
We call on Seminar 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 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 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)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

THE ANNUAL NPO CONFERENCE (with PBORA)
2026-06-15 09:00 - 2026-06-19 15:30 | Sarova Whitesands Beach Hotel and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE ANNUAL NPO CONFERENCE (with PBORA)
Theme: Strengthening Accountability, Transparency and Sustainability in the Non-Profit Sector
Date: 15th – 19th June 2026
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
Time: 09.30am-03.30pm
OVERVIEW:
The non-profit sector in Kenya remains central to social delivery and development finance, but it is operating in a period of rapidly rising stakeholder expectations and regulatory tightening. Regulators and donors now demand stronger evidence of stewardship, clearer links between funding and outcomes, and financial reports that are comparable, decision-useful and auditable. At the same time, many NPOs face persistent operational weaknesses: fragmented accounting practices, weak internal controls, inconsistent recognition of grants and restricted funds, poor donor reporting harmonization, and low readiness for external assurance. These gaps undermine donor confidence, hamper interoperability with government financing and create reputational risk for the sector.
The introduction of the International Non-Profit Accounting Standard (INPAS) marks a pivotal moment for NPO financial reporting. INPAS is designed specifically to address NPO reporting needs including improving transparency, comparability and credibility of NPO financial statements, and providing sector-tailored guidance where existing for-profit standards are inadequate. INPAS is a standalone, topic-based standard that builds on the IFRS for SMEs, full IFRS and IPSAS where appropriate, while adding NPO-specific solutions (for example on fund accounting, revenue from grants/donations, narrative reporting and transition requirements). Its objectives include improving decision-usefulness and accountability of NPO reports.
Practical implementation of INPAS raises immediate technical and governance issues that must be handled at institutional and sectoral levels. Transition disclosures, reconciliations to prior frameworks and narrative reporting are required by INPAS and will impose new preparation, control and disclosure workstreams for many NPOs. INPAS also recognises cost/benefit trade-offs and permits limited undue-cost exemptions where justified, but any adoption still requires robust planning, updated accounting policies, staff retraining and stronger audit readiness.
For these reasons the Annual NPO Conference (with PBORA) will position INPAS not as a remote technical standard but as a practical, implementable roadmap for accountability: one that requires coordinated action from boards, finance teams, auditors, regulators and donors. The conference will therefore combine high-level policy dialogue with hands-on technical clinics, worked examples and implementation toolkits so participants leave with clear next steps from revising accounting policies and preparing transition reconciliations to strengthening internal controls and improving donor reporting harmonization. This integrated approach will accelerate adoption, reduce dual-reporting burdens and strengthen public confidence in the sector.
Topics to be covered will include:

DAY
MODULE
TOPICS

DAY 1
INPAS: Purpose, Scope and Strategic Implications for Kenyan NPOs
· Why INPAS was developed and its principal objectives (transparency, comparability, credibility).
· INPAS’ scope, relationship to IFRS for SMEs / IFRS / IPSAS and when NPOs should use it.
· High-level differences NPOs must anticipate (fund accounting, narrative reporting, grant treatment).
· Strategic implications for boards, funders and auditors; setting a sectoral adoption roadmap.

Transition to INPAS: Practical Steps & Required Disclosures
· Transition mechanics: retrospective application, reconciliation requirements and required narratives.
· Preparing the reconciliation of net assets and surplus/deficit to prior framework (checklist).
· Handling impracticability and undue cost/effort exemptions (disclosure expectations).
· Project plan template: stakeholder map, data gaps, timetable and governance for transition

Fund Accounting & Restricted Funds under INPAS
· Core concepts: restricted vs unrestricted funds and fund presentation requirements.
· Recognition and measurement of donor-restricted grants and endowments.
· Designing fund ledgers, chart of accounts and disclosures aligned to B8 Fund Accounting.
· Practical ledgers and reclassification examples.

DAY 2
Narrative Reporting: Making Financials Decision-Useful
· Minimum narrative components required by INPAS (management commentary / narrative reporting).
· Linking narrative reporting to financial statements and programme outcomes.
· Materiality, non-financial KPIs and the user-focus principle in INPAS narrative guidance.
· Practical template for an NPO narrative report.

Non-Financial Assets: PPE, Intangibles, Investment Property & Impairment
· Recognition and measurement rules for property, plant & equipment and intangibles (E2, E4).
· Investment property accounting and presentation.
· Impairment testing and disclosure (E5) with worked examples relevant to NPO assets.
· Asset register best practices and depreciation policy checklists.

Compliance and Regulatory Reporting (PBORA focus)
· PBO Act, 2024 & upcoming regulations
· Interplay between INPAS financial statements and regulatory returns; common differences.
· PBORA reporting obligations, registration, and compliance checkpoints.
· Reconciling INPAS financial statements to statutory submissions and donor reports.
· Practical checklist for avoiding regulatory penalties and improving PBORA liaison.

DAY 3
Overview of the Non-Profit Sector Performance
· Overview of the size, composition and economic footprint of the NPO sector in Kenya
· Analysis of recent sector performance trends
· Financial sustainability indicators in the sector
· Common financial reporting and governance weaknesses observed across the sector
· Implications of sector performance trends for boards, finance teams and auditors

Resource Mobilization Strategy for Sustainable NPOs
· Overview of resource mobilization in the current NPO funding environment
· Strategic approaches to diversifying funding sources
· Governance and control considerations in resource mobilization
· Linking resource mobilization to financial planning and reporting
· Role of accountants and finance teams in resource mobilization

Effective Budgeting for Non-Profit Organisations
· Purpose of budgeting in the NPO context
· Types of budgets used by NPOs
· Key budgeting challenges in NPOs
· Budget preparation best practices
· Budget monitoring and control
· Role of budgets in donor and regulatory reporting

DAY 4
ESG Considerations for NPOs – Applying IFRS Sustainability Disclosure Concepts

Why ESG and IFRS Sustainability concepts matter for NPOs
Applying IFRS S1 (General Sustainability-Related Disclosures) in the NPO context
Applying IFRS S2 (Climate-Related Disclosures) in the NPO context

Personal Financial Management

Personal Financial Management

TARGET AUDIENCE
The training will be beneficial to professional Accountants, Heads of Finance, strategy consultants, academic and other finance professionals working in the NPO sector.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successfully completion of the Conference.
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for webinar is mandatory on Online Booking We call on interested participants to note that bookings for the event are available online at www.icpak.com and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT
The 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)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

THE TAXATION MASTERCLASS 2026 EDITION 2 (mandatory training)
2026-06-15 09:00 - 2026-06-19 15:30 | Sarova Whitesands Beach Resort and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
THE TAXATION MASTERCLASS 2026 EDITION 2
Theme: Advancing Tax Excellence in a Digital, Sustainable and Globally Evolving Economy
Date: 15th-19th June 2026
Time: 09.00am-03.30pm
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
This is one of the mandatory trainings for Practicing Certificate consideration
INTRODUCTION
The tax environment in Kenya and across the globe is undergoing rapid transformation driven by technological advancement, evolving fiscal needs and heightened expectations for transparency and accountability. As governments embrace digital systems and align with international tax reforms, organizations must re-evaluate their approaches to compliance, planning and financial governance. These shifts demand that accounting and finance professionals enhance their technical capacity and deepen their understanding of new tax trends.
In Kenya, ongoing tax policy reforms continue to reshape the fiscal landscape, with significant implications for businesses, public institutions and individuals. The increasing use of digital tools, enhanced tax reporting procedures and structured revenue mobilisation strategies require practitioners who can interpret regulatory changes and apply them effectively within their organizations. This has made continuous professional development not just desirable, but essential.
At the same time, international tax developments, including global minimum tax adoption, digital economy taxation and strengthened anti-avoidance frameworks are influencing domestic practice. Accountants and tax professionals must stay ahead of these changes to ensure compliance, support strategic decision-making and mitigate risks arising from cross-border transactions and emerging global standards.
Sustainability considerations have further expanded the scope of tax practice, with governments integrating environmental, social and governance (ESG) principles into fiscal policy. Tax professionals now play a central role in advising on green incentives, climate-linked fiscal measures and sustainability reporting expectations. This evolution underscores the need for practitioners to understand how tax interacts with broader ESG and regulatory frameworks.
The Taxation Masterclass is therefore designed as an intensive, technical and forward-looking program that equips finance and accounting professionals with the knowledge, tools and insights required to navigate and excel in an increasingly complex tax environment. It blends tax policy, global reforms, digital transformation, risk management and sustainability into a cohesive professional learning experience.
TAXATION MASTERCLASS OBJECTIVES
Participants will be able to benefit from the following upon successful completion:

Deepen Understanding of Modern Tax Ecosystems: Strengthen knowledge of evolving tax landscapes, including digital tax systems, automation and AI-driven administration, and their implications for organizational compliance.
Interpret Current Tax Policy Reforms: Examine the impact of Kenya’s ongoing tax changes, such as incentive rationalization, revenue mobilisation measures and regulatory adjustments on businesses, institutions, and fiscal stability.

iii. Enhance Technical Capacity in Tax Risk Management: Build advanced skills in tax reviews, audit preparedness, documentation and managing tax exposures in increasingly complex regulatory environments.

Strengthen Competence in Digital Tax Compliance: Equip participants with practical knowledge on e-invoicing, real-time reporting, data analytics, and emerging digital tools used in modern tax administration.
Improve Cross-Border Taxation Capabilities: Provide deeper insights into international tax trends, global minimum tax developments, cross-border VAT and transfer pricing compliance for multinational and regional operations.
Integrate ESG and Sustainability into Tax Practice: Enhance understanding of carbon taxation, environmental fiscal reforms, green incentives and the role of tax transparency within ESG reporting frameworks.

vii. Promote Robust Tax Governance and Ethical Practice: Reinforce ethical standards and governance principles essential for managing tax responsibilities, stakeholder expectations and institutional integrity.
viii. Support County-Level Revenue and Fiscal Sustainability: Explore innovative models, policies, and accountability frameworks for strengthening county own-source revenue (OSR) and subnational fiscal resilience.

Encourage Knowledge Exchange and Professional Collaboration: Provide a platform for professionals to share experiences, learn emerging best practices and engage in dialogue on tax innovations and future trends.
Advance Continuous Professional Development: Deliver up-to-date, practical training that enhances the relevance, adaptability and long-term professional growth of accountants and tax practitioners in a dynamic environment.

TAXATION MASTERCLASS TOPICS
The Taxation Masterclass will delve into the following topical areas among others:
Theme 1: Digital Transformation in Taxation

AI, Automation & Data Analytics in Modern Tax Administration
Digital Tax Compliance: E-Invoicing, Real-Time Reporting & Emerging Technologies
Cybersecurity in Tax Practice: Safeguarding Financial and Tax Data

Theme 2: Tax Policy, Revenue Mobilisation & Economic Stability

Rethinking Tax Incentives & Exemptions: Impacts on Revenue Mobilisation
Tax Policy Reforms in Kenya: Balancing Compliance, Growth & Fiscal Discipline
County Revenue Enhancement Strategies: Innovations, Challenges & Accountability

Theme 3: Advanced Technical Skills for Tax Professionals

Transfer Pricing Documentation & Compliance for Finance Professionals
Mastering Tax Risk Management: Controls, Reviews & Audit Preparedness
Responding to Tax Audits: Practical Approaches, Documentation & Defence Files

Theme 4: Sustainability, ESG & the Future of Tax Compliance

Carbon Taxation & Environmental Fiscal Reforms: Implications for Businesses
ESG Reporting, Tax Transparency & Mandatory Disclosure Requirements
Green Incentives & Taxation of Renewable Energy and Sustainable Investments

Theme 5: Global Tax Trends & Cross-Border Issues

Global Minimum Tax & International Tax Reforms: What Finance Professionals Must Know
Cross-Border VAT, Digital Commerce & Taxation of the Platform Economy
Illicit Financial Flows, Anti-Avoidance Measures & Strengthening Tax Governance

TARGET AUDIENCE
ICPAK Members ,Accountants in both private and public sector , Chief Finance Officers, Finance Directors and Managers, Private and Public Tax Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
YOUR FINANCIAL COMMITMENT
The seminar charges are Ksh 95,000 per delegate for both members and non-members.
Continuous Professional Development Units:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Master Class.
Online Booking:
We 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
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.

Audit Documentation- ISA 230 Practical Course 2026
2026-06-18 09:00 - 2026-06-19 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Documentation- ISA 230 Practical Course
Date: 18th–19th June 2026
Time: 9.00-15.30
Venue: ICPAK Auditorium
Theme: Purpose and Principles of Audit Documentation
Overview
Audit documentation is a foundational element of high-quality audits. International Standard on Auditing (ISA) 230, Audit Documentation, sets out the auditor’s responsibility to prepare audit documentation that provides a sufficient and appropriate record of the basis for the auditor’s report and evidence that the audit was conducted in accordance with ISAs and applicable legal and regulatory requirements.
However, many audit practitioners particularly early-career auditors and professionals transitioning into audit roles face challenges in applying ISA 230 practically. Common issues include inadequate working papers, unclear linkages between audit procedures and conclusions, insufficient evidence, poor referencing, and inconsistent use of audit software. As regulatory scrutiny increases globally, audit firms and institutions must invest in strengthening audit documentation skills to ensure audit quality, compliance, and defensibility.
This two-day practical course is designed to bridge the gap between theory and practice by equipping participants with hands-on experience in preparing high-quality audit documentation aligned with ISA 230.
The following topics will be covered:
1. Foundations and Core Documentation Requirements

Introduction to ISA 230: Purpose, scope, and key requirements
Principles of effective documentation
What constitutes sufficient and appropriate audit documentation
Structure and components of a complete audit file
Documenting planning and risk assessment
Practical Exercise: Preparing planning working papers

2. Practical Tools, Case Studies, and Review Techniques

Documenting audit procedures, evidence, and conclusions
Recording professional judgment and significant matters
Common deficiencies identified by regulators and how to avoid them
Use of audit software/tools and standard templates
Practical Exercise: End-to-end documentation of a sample audit area
Review and wrap-up: How to build a strong documentation culture

TARGET AUDIENCE:
This course will be useful to professionals in the Audit and accounting sector with bias on assurance professionals and specifically:

Supervisors in external audit, internal audit and compliance
Audit associates and seniors

Mid-level managers looking to enhance their auditing skills

Individuals responsible for overseeing audits or teams involved in auditing
Tax Practitioners and Tax Experts
Financial Controllers and Credit Managers

Accounting and finance professionals involved in assurance
Risk and compliance officers

YOUR FINANCIAL COMMITMENT
Charges for the training will be Kes 18,500/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully attending all sessions.
ONLINE BOOKING:
We 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.
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

Audit Documentation- ISA 230 Practical Course (virtual option)
2026-06-18 09:00 - 2026-06-19 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Documentation- ISA 230 Practical Course
Date: 18th–19th June 2026
Time: 9.00-15.30
Delivery Mode: Virtual
Theme: Purpose and Principles of Audit Documentation
Overview
Audit documentation is a foundational element of high-quality audits. International Standard on Auditing (ISA) 230, Audit Documentation, sets out the auditor’s responsibility to prepare audit documentation that provides a sufficient and appropriate record of the basis for the auditor’s report and evidence that the audit was conducted in accordance with ISAs and applicable legal and regulatory requirements.
However, many audit practitioners particularly early-career auditors and professionals transitioning into audit roles face challenges in applying ISA 230 practically. Common issues include inadequate working papers, unclear linkages between audit procedures and conclusions, insufficient evidence, poor referencing, and inconsistent use of audit software. As regulatory scrutiny increases globally, audit firms and institutions must invest in strengthening audit documentation skills to ensure audit quality, compliance, and defensibility.
This two-day practical course is designed to bridge the gap between theory and practice by equipping participants with hands-on experience in preparing high-quality audit documentation aligned with ISA 230.
The following topics will be covered:
1. Foundations and Core Documentation Requirements

Introduction to ISA 230: Purpose, scope, and key requirements
Principles of effective documentation
What constitutes sufficient and appropriate audit documentation
Structure and components of a complete audit file
Documenting planning and risk assessment
Practical Exercise: Preparing planning working papers

2. Practical Tools, Case Studies, and Review Techniques

Documenting audit procedures, evidence, and conclusions
Recording professional judgment and significant matters
Common deficiencies identified by regulators and how to avoid them
Use of audit software/tools and standard templates
Practical Exercise: End-to-end documentation of a sample audit area
Review and wrap-up: How to build a strong documentation culture

TARGET AUDIENCE:
This course will be useful to professionals in the Audit and accounting sector with bias on assurance professionals and specifically:

Supervisors in external audit, internal audit and compliance
Audit associates and seniors

Mid-level managers looking to enhance their auditing skills

Individuals responsible for overseeing audits or teams involved in auditing
Tax Practitioners and Tax Experts
Financial Controllers and Credit Managers

Accounting and finance professionals involved in assurance
Risk and compliance officers

Your Financial Investment
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD Unit
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully attending all sessions.
Online Booking:
We 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.
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

THE 7TH ANNUAL BOARD TRAINING
2026-07-06 09:00 - 2026-07-10 15:30 | Enashipai Resort & Spa, Naivasha, 00100, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE 7TH ANNUAL BOARD TRAINING
Theme: Effective Modern-Day Governance for Solid Foundations
DATE: 6TH JULY– 10TH JULY 2026
TIME: 09.00AM-03.30PM
ENASHIPAI RESORT, NAIVASHA
OVERVIEW
Boards are the central force behind organizational stability and strategic success, charged with guiding vision, safeguarding integrity and ensuring long-term growth. In today’s rapidly changing environment, where technology, regulation, and stakeholder expectations converge, boards must operate with insight, resilience, and foresight. Their ability to anticipate challenges, make informed decisions and cultivate trust directly influences organizational performance and credibility, positioning the board as a decisive force for enduring excellence.
Effectiveness in modern governance requires boards to balance strategic thinking with operational intelligence. Understanding the financial and operational health of an organization, integrating long-term risk considerations and ensuring accountability allows boards to navigate complexity with clarity. Inclusive dialogue, ethical leadership and constructive debate strengthen cohesion, enabling boards to make decisions that reflect both organizational priorities and stakeholder expectations while fostering a culture of integrity and transparency.
Boards are also architects of future resilience. By embracing diversity of thought, preparing for leadership continuity, and adopting emerging technologies responsibly, boards can guide organizations through uncertainty while maintaining adaptability and innovation. Their oversight ensures that strategic objectives, sustainability considerations, and societal responsibilities are integrated into the organization’s operations, fostering an environment where growth, accountability, and long-term value coexist.
High-performing boards understand that governance extends beyond oversight; it is a catalyst for shaping organizational trajectory. By combining foresight, risk intelligence, ethical stewardship, and adaptive leadership, boards provide stability and vision in times of disruption. In an era defined by digital transformation, evolving regulations, and heightened expectations, boards that embrace these principles position their organizations to thrive, remain resilient, and achieve sustainable success. It is in this consideration that ICPAK has planned a 5-day board training with specific emphasis on the following areas:

Board Roles and Fiduciary Duties in a Digital World – Modern responsibilities and legal obligations of directors.
Emerging Legal and Regulatory Trends for Boards – Staying ahead of compliance, liability, and sector-specific updates.
Ethical Leadership and Accountability at the Board Level – Strengthening transparency and integrity in decision-making.
Board Dynamics and Collaborative Decision-Making – Enhancing teamwork, conflict resolution, and effective meetings.
Advanced Financial Literacy for Strategic Oversight – Understanding statements, ratios, and budgeting for informed governance.
Strategic Planning and Organizational Guidance – Shaping, monitoring, and evaluating long-term organizational strategies.
Building a Risk-Intelligent Board – Identifying, assessing, and mitigating financial, operational, and cyber risks.
Performance Monitoring and Accountability Metrics – Tools to measure board and management effectiveness.
Embedding ESG into Board Oversight – Integrating sustainability and social responsibility into strategy and operations.
AI, Technology, and Digital Governance – Leveraging tech responsibly while managing emerging risks.
Succession Planning and Leadership Continuity – Preparing for seamless transitions at board and executive levels.
Diversity, Inclusion, and High-Impact Boards – Strengthening decision-making through varied perspectives and skills.
Book Review: Boards That Lead: When to Take Charge, When to Partner, and When to Stay Out of the Way by Ram Charan, Dennis Carey, and Michael Useem – Practical insights on balancing oversight, strategy, and collaboration.

TARGET AUDIENCE
The training will be beneficial to Board Members, Board Chairpersons, Board Committee Members and Committee Chairpersons, Board Secretaries, CEOs, Senior Management, Aspiring Board Members, Business Owners, and Entrepreneurs,
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successfully completion of the training.
FINANCIAL COMMITMENT
The Board training charges are Kshs. 90,000. Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance. Delegates are advised to make own travel and accommodation arrangements.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on interested participants to note that booking for the event is available online at www.icpak.com and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
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

THE IFRS MASTER CLASS 2026 (Mandatory Training)
2026-07-13 09:00 - 2026-07-17 15:30 | Radisson Blu Hotel, Radisson Blu Hotel, Nairobi, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE IFRS MASTER CLASS 2026 (Mandatory Training)
Theme: Navigating the Complexities of Internal Financial Reporting Standards
Date: 13th -17th July 2026
Time: 09.00am-03.30pm
Venue: Radisson Blu Hotel Nairobi
This is one of the mandatory trainings for Practicing Certificate consideration
OVERVIEW
The 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.
The 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.
Core 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.
The 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.
Specialised 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.
Further 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.
The 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.
Key Topics

DAY
MODULE
TOPICS

DAY 1
A. IFRS 18: Presentation and Disclosure in Financial Statements
· Introduction to IFRS 18
· Objective and Scope of IFRS 18
· Presentation of Financial Statements
· Disclosure Requirements
· Impact of IFRS 18 on financial reporting
· Challenges and best practices in implementing IFRS 18

B. IFRS 7 – Financial Instruments: Disclosures
· Risk disclosures (credit, liquidity, and market risks).
· Fair value hierarchy and sensitivity analysis.
· Importance of transparency in financial instruments reporting

C. IAS 24 (Related Party Disclosures) & IAS 29 Financial Reporting in Hyperinflationary Economies

IAS 24 Related Party Disclosures
· Identification of related party relationships
· Related party transactions and balances
· Key management personnel disclosures
· Measurement and disclosure considerations
· Compliance and transparency requirements
IAS 29 Financial Reporting in Hyperinflationary Economies

Identification of hyperinflationary economies
Restatement of financial statements in terms of current purchasing power
Monetary vs non-monetary items treatment
Gain or loss on net monetary position
Use of general price index and consistency in application

DAY 2
D. IFRS S1(Metrics & Targets): Selecting and Reporting Sustainability Metrics
· Principles for selecting appropriate metrics
· Industry-based disclosures and use of SASB standards
· Quantitative vs qualitative metrics
· Data sources, assumptions, and estimation uncertainty
· Transition planning

E. IFRS S2: Scenario Analysis
· Purpose and Benefits of Scenario Analysis
· Types of Scenarios
· Resilience Assessment
· Integration into Strategic Planning
· Disclosure Expectations under IFRS S2
· Governance of Scenario Analysis
· Challenges and Best Practices

F. IFRS S2: GHG Accounting
· Cross-industry climate metrics
· Introduction to GHG Emissions
· Climate-Related Financial Risk and GHG Emissions
· GHG disclosure
· GHG key concepts
· GHG measurements
· Disaggregation of GHG emissions.

DAY 3
G. IFRS 16 – Leases
· Lease identification and definition (right-of-use model)
· Initial recognition of lease liability and right-of-use asset
· Measurement: discount rates and lease term determination
· Subsequent measurement and remeasurement triggers
· Presentation and disclosure requirements

H. The Global Non-Profit Reporting Landscape & Introduction to INPAS
· Unique characteristics of NPO financial reporting
· Limitations of existing frameworks
· Definition of Non-profit organisations
· Scope and applicability of INPAS
· Key principles underpinning the standards
· Comparison with IFRS and IPSAS.

I. Structure and Key Components of INPAS
· Structure of INPAS
· Financial statements required under INPAS:
o Statement of Financial Position
o Statement of Income and Expenses
o Statement of Cash Flows
o Statement of Changes in Net Assets
· Compliance with INPAS
· Narrative reporting requirements

DAY 4
J. IFRS 5- Non-current Assets Held for Sale and Discontinued Operations
· Classification criteria for held-for-sale and discontinued operations
· Measurement at lower of carrying amount and fair value less costs to sell
· Cessation of depreciation and amortisation
· Separate presentation in statement of financial position and profit or loss
· Disclosure of results and cash flows from discontinued operations

K. IFRS 17 – Insurance Contracts

· Identification and scope of insurance contracts
· Measurement models (GMM, PAA, VFA)
· Fulfilment cash flows and risk adjustment
· Contractual service margin (CSM) recognition and release
· Presentation and disclosure of insurance revenue and liabilities
· Emerging issues

L. IAS 26- Accounting and Reporting by Retirement Benefit Plans
· Plan classification and benefit obligation measurement basis
· Fair value measurement of plan assets and valuation techniques
· Actuarial assumptions and present value of defined benefit obligations
· Surplus/deficit determination and funding status
· Financial statements structure and disclosure of actuarial information

DAY 5
M. FiRe Award feedback
· Key areas of non-compliance
· Future trends in financial reporting

N. Investing in the Stock Exchange
· Investing in the Stock Exchange

TARGET AUDIENCE
ICPAK 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.
YOUR FINANCIAL COMMITMENT
The seminar charges are Ksh 95,000 per delegate for both members and non-members.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions.
NITA REIMBURSEMENT
The 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
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.

INSURANCE AND BANKING SECTOR CONFERENCE (physical option)
2026-07-15 09:00 - 2026-07-17 15:30 | Enashipai Resort & Spa, Naivasha, 00100, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
INSURANCE & BANKING SECTOR CONFERENCE
Theme: Driving Financial Resilience, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector
Date: 15th -17 July 2026
Time: 09.00am-03.30pm
Venue: Enashipai Resort & Spa, Naivasha
OVERVIEW
The 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.
The 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.
Technological 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.
Further, 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.
Against 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.
The conference will explore the following thematic areas:
1. Economic Outlook, Regulatory Developments and Sector Resilience
• Emerging economic and regulatory developments affecting banks and insurers
• Prudential supervision and compliance expectations
• Building resilience in an increasingly uncertain environment
2. IFRS 17: Implementation Progress and Emerging Challenges
• Lessons learned from implementation
• Contractual Service Margin (CSM), actuarial and systems considerations
• Financial reporting implications and regulatory expectations
3. IFRS 9 and Credit Risk Management
• Expected Credit Loss (ECL) modelling and impairment challenges
• Credit risk management in a changing economic environment
• Emerging implementation and regulatory developments
4. Capital Adequacy, Solvency and Reinsurance Strategies
• Capital adequacy and solvency requirements
• Stress testing and capital optimization
• Strategic use of reinsurance for risk mitigation and financial resilience
5. Advancements in Actuarial Valuation and Risk Modelling
• Emerging actuarial techniques and innovations
• Predictive modelling and insurance risk assessment
• Practical insights from industry
6. Digital Transformation, Fintech and Artificial Intelligence
• AI applications in banking and insurance
• Fintech and Insurtech innovations
• Data analytics and automation in financial reporting and decision-making
7. Cybersecurity, Data Governance and Operational Resilience
• Emerging cyber risks and threat management
• Data governance and protection requirements
• Strengthening operational resilience and business continuity
8. Anti-Money Laundering Considerations for Banking & Insurance Sectors
• Anti-Money Laundering and Automatic Exchange of Financial Information updates
• AML Regulatory framework updates
• Kenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing
• AML Compliance Challenges-Politically Exposed Persons, Beneficial Ownership, Due Diligence
• Foreign Account Tax Compliance Act (FATCA) obligations
• Common Reporting Standards (CRS) Obligation
9. Digital transformation in insurance and banking in Kenya
• The rise of mobile money and fintech
• Digital banking platforms
• Insurtech: digital insurance distribution models
• Practical use cases of AI
10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors
• Areas of notable improvement
• Major areas of non-compliance
• Way Forward
TARGET AUDIENCE:
• Banks and insurance companies (senior management, sustainability leads, CFOs, CROs)
• Auditors, accountants, and financial analysts
• ESG and sustainability professionals
• Technology and data solution providers
• Policy makers and development partners
• Academic and research institutions
TARGET AUDIENCE:
Banking 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,
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 40,000 per Delegate
Kes. 15,000

Full Members
Kes. 45,000 per Delegate
Kes. 15,000

Non-Member
Kes. 50,000 per Delegate
Kes. 15,000

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the seminar.
ONLINE BOOKING:
We 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
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The 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)
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.

INSURANCE AND BANKING SECTOR CONFERENCE (virtual option)
2026-07-15 09:00 - 2026-07-17 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
INSURANCE & BANKING SECTOR CONFERENCE
Theme: Driving Financial Resilience, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector
Date: 15th -17 July 2026
Time: 09.00am-03.30pm
Venue: Virtual Delivery
OVERVIEW
The 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.
The 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.
Technological 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.
Further, 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.
Against 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.
The conference will explore the following thematic areas:

Economic Outlook, Regulatory Developments and Sector Resilience

Emerging economic and regulatory developments affecting banks and insurers
Prudential supervision and compliance expectations
Building resilience in an increasingly uncertain environment

IFRS 17: Implementation Progress and Emerging Challenges

Lessons learned from implementation
Contractual Service Margin (CSM), actuarial and systems considerations
Financial reporting implications and regulatory expectations

IFRS 9 and Credit Risk Management

Expected Credit Loss (ECL) modelling and impairment challenges
Credit risk management in a changing economic environment
Emerging implementation and regulatory developments

Capital Adequacy, Solvency and Reinsurance Strategies

Capital adequacy and solvency requirements
Stress testing and capital optimization
Strategic use of reinsurance for risk mitigation and financial resilience

Advancements in Actuarial Valuation and Risk Modelling

Emerging actuarial techniques and innovations
Predictive modelling and insurance risk assessment
Practical insights from industry

Digital Transformation, Fintech and Artificial Intelligence

AI applications in banking and insurance
Fintech and Insurtech innovations
Data analytics and automation in financial reporting and decision-making

Cybersecurity, Data Governance and Operational Resilience

Emerging cyber risks and threat management
Data governance and protection requirements
Strengthening operational resilience and business continuity

Anti-Money Laundering Considerations for Banking & Insurance Sectors

Anti-Money Laundering and Automatic Exchange of Financial Information updates
AML Regulatory framework updates
Kenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing
AML Compliance Challenges-Politically Exposed Persons, Beneficial Ownership, Due Diligence
Foreign Account Tax Compliance Act (FATCA) obligations
Common Reporting Standards (CRS) Obligation

9. Digital transformation in insurance and banking in Kenya

The rise of mobile money and fintech
Digital banking platforms
Insurtech: digital insurance distribution models
Practical use cases of AI

10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors

Areas of notable improvement
Major areas of non-compliance
Way Forward

TARGET AUDIENCE:
Banking 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,
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 40,000 per Delegate
Kes. 15,000

Full Members
Kes. 45,000 per Delegate
Kes. 15,000

Non-Member
Kes. 50,000 per Delegate
Kes. 15,000

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the seminar.
ONLINE BOOKING:
We 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
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The 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)
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.

Sustainability Assurance Workshop
2026-07-16 09:00 - 2026-07-17 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Assurance Workshop
Theme: The Future of Sustainability Assurance – Enhancing Transparency, Accountability, and Trust
Date: 16th-17th July 2026
Time: 9.00am-3.30pm
Venue: ICPAK Auditorium, CPA Centre
Overview
As 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.
The 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.
Climate-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.
High-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.
The workshop will highlight key aspects of Sustainability Assurance relating to the following:
Overview of Sustainability Assurance

The purpose and importance of sustainability assurance.
The role of accountants and auditors in verifying ESG information.
How sustainability assurance enhances stakeholder confidence and transparency.
Key drivers pushing organizations toward independent ESG assurance

Regulatory and Reporting Frameworks

Global frameworks: GRI, SASB, ISSB, IFRS S1 & S2.
Local sustainability reporting requirements and regulations.
Alignment between global standards and local regulatory expectations.
Emerging disclosure requirements for climate, social, and governance metrics.

Greenhouse Gas (GHG) Emissions and Climate Reporting

Understanding Scope 1, 2, and 3 emissions.
Relevance of GHG reporting to financial and sustainability disclosures.
GHG accounting methodologies and boundary setting (operational vs. organizational).
Transition risks, climate scenarios, and their impact on disclosures.

Sustainability Assurance Engagements

Unpacking International Standard on Sustainability Assurance (ISSA) 5000
Types of assurance: limited vs. reasonable.
Key procedures and differences from traditional financial audits.
Independence, ethical requirements, and assurance provider qualifications.
Common challenges encountered during sustainability assurance engagements.

Data Collection, Verification, and Reporting

Best practices for ESG data collection and quality control.
Verification techniques and third-party assurance.
Data governance, documentation, and internal record-keeping standards.
Use of technology and digital tools for ESG data management and reporting.

ESG Risk Management and Internal Controls

Integrating ESG risks into enterprise risk management.
Ensuring accuracy and reliability of sustainability reporting.
Designing internal controls to support ESG data integrity and assurance readiness.
Monitoring, evaluation, and continuous improvement of ESG risk processes.

Target Audience:
The 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.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 18,500/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We 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.
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.
