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DTSTART:20260101T000000
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BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260715T090000
DTEND;TZID=Europe/Moscow:20260917T161500
DTSTAMP:20261009T144429
CREATED:20260103T213538Z
LAST-MODIFIED:20260917T130629Z
UID:10003311-1784106000-1789661700@www.icpak.com
SUMMARY:INSURANCE AND BANKING SECTOR CONFERENCE (virtual option)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under Accountants Act\, Laws of Kenya) \nINSURANCE & BANKING SECTOR CONFERENCE\nTheme: Driving Financial Resilience\, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector\nDate: 15th -17 July 2026\nTime: 09.00am-03.30pm\nVenue: Virtual Delivery \nOVERVIEW \nThe banking and insurance sectors remain key pillars of Kenya’s economic growth and financial stability. However\, the operating environment continues to evolve rapidly due to changing regulatory requirements\, economic uncertainties\, technological disruption\, increasing customer expectations\, and emerging risks. Financial institutions are therefore required to strengthen their financial reporting frameworks\, enhance risk management practices\, maintain adequate capital levels\, and leverage innovation to remain competitive and resilient. \nThe implementation of major reporting standards such as IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments continues to reshape financial reporting across the sector. While significant progress has been made\, institutions continue to face challenges relating to data quality\, systems integration\, actuarial modelling\, expected credit loss calculations\, and evolving regulatory expectations. At the same time\, boards and management are under increasing pressure to improve governance structures\, strengthen internal controls\, and provide transparent and decision-useful information to stakeholders. \nTechnological innovation is also transforming the financial services landscape. The growth of digital banking\, mobile financial services\, fintech and Insurtech solutions\, artificial intelligence\, and advanced data analytics is creating new opportunities for operational efficiency\, customer engagement\, and financial inclusion. However\, these developments also introduce emerging risks relating to cybersecurity\, data governance\, operational resilience\, and regulatory compliance. \nFurther\, the sector continues to play a critical role in advancing financial inclusion and supporting economic development. Despite the significant progress achieved in expanding access to financial services\, institutions must continue developing innovative products and delivery channels that meet the needs of underserved populations while maintaining sound risk management practices. \nAgainst this backdrop\, the Institute has organized the Insurance & Banking Sector Conference 2026 to provide a platform for regulators\, practitioners\, accountants\, auditors\, actuaries\, risk professionals\, policy makers\, and industry leaders to discuss emerging developments\, share practical experiences\, and explore strategies for enhancing financial reporting\, institutional resilience\, governance\, innovation\, and sustainable growth within the financial services sector. \n The conference will explore the following thematic areas: \n\nEconomic Outlook\, Regulatory Developments and Sector Resilience\n\n\nEmerging economic and regulatory developments affecting banks and insurers\nPrudential supervision and compliance expectations\nBuilding resilience in an increasingly uncertain environment\n\n\n IFRS 17: Implementation Progress and Emerging Challenges\n\n\nLessons learned from implementation\nContractual Service Margin (CSM)\, actuarial and systems considerations\nFinancial reporting implications and regulatory expectations\n\n\n IFRS 9 and Credit Risk Management\n\n\nExpected Credit Loss (ECL) modelling and impairment challenges\nCredit risk management in a changing economic environment\nEmerging implementation and regulatory developments\n\n\nCapital Adequacy\, Solvency and Reinsurance Strategies\n\n\nCapital adequacy and solvency requirements\nStress testing and capital optimization\nStrategic use of reinsurance for risk mitigation and financial resilience\n\n\nAdvancements in Actuarial Valuation and Risk Modelling\n\n\nEmerging actuarial techniques and innovations\nPredictive modelling and insurance risk assessment\nPractical insights from industry\n\n\nDigital Transformation\, Fintech and Artificial Intelligence\n\n\nAI applications in banking and insurance\nFintech and Insurtech innovations\nData analytics and automation in financial reporting and decision-making\n\n\nCybersecurity\, Data Governance and Operational Resilience\n\n\nEmerging cyber risks and threat management\nData governance and protection requirements\nStrengthening operational resilience and business continuity\n\n\nAnti-Money Laundering Considerations for Banking & Insurance Sectors\n\n\nAnti-Money Laundering and Automatic Exchange of Financial Information updates\nAML Regulatory framework updates\nKenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing\nAML Compliance Challenges-Politically Exposed Persons\, Beneficial Ownership\, Due Diligence\nForeign Account Tax Compliance Act (FATCA) obligations\nCommon Reporting Standards (CRS) Obligation\n\n 9. Digital transformation in insurance and banking in Kenya \n\nThe rise of mobile money and fintech\nDigital banking platforms\nInsurtech: digital insurance distribution models\nPractical use cases of AI\n\n 10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors \n\nAreas of notable improvement\nMajor areas of non-compliance\nWay Forward\n\nTARGET AUDIENCE: \nBanking professionals\, Insurance professionals\, Chief Internal & Risk Managers\, CEOs\, Senior Management\, Aspiring bankers and insurance professionals\, Members of Board of Directors of corporations\, Business Owners and Entrepreneurs\, \nFINANCIAL COMMITMENT: \n\n\n\nCategory\nCharges Physical \nVirtual \n\n\nAssociate Members\nKes 40\,000 per Delegate\nKes. 15\,000\n\n\nFull Members\nKes. 45\,000 per Delegate\nKes. 15\,000\n\n\nNon-Member\nKes. 50\,000 per Delegate\nKes. 15\,000\n\n\n\nCONTINUOUS PROFESSIONAL DEVELOPMENT UNITS: \nMembers of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the seminar. \nONLINE BOOKING: \nWe call on all participants to note that booking is available only online at www.icpak.com/events and it will close two hours before the training session.  Delegates are reminded to note that online booking for training sessions is MANDATORY.   This is available either online at www.icpak.com/events \, you can also reach us through marketing@icpak.com \nNATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT: \nThe Institute is registered as a trainer with the National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke) \nFurther requests can be channeled to us via telephone calls on +254 719 074 100\,  or via email to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/insurance-and-banking-sector-conference-virtual-option/
LOCATION:Virtual Delivery
CATEGORIES:Local Seminars,Past Virtual Events,Virtual Symposiums
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260903T090000
DTEND;TZID=Europe/Moscow:20260904T160000
DTSTAMP:20261009T144429
CREATED:20260716T094654Z
LAST-MODIFIED:20260716T095100Z
UID:10003477-1788426000-1788537600@www.icpak.com
SUMMARY:Transition to IPSAS Accrual course 2026 (virtual option)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nTransition to IPSAS Accrual course\nTheme: Transition to IPSAS Accrual: Practical Guidance for Successful Implementation\nDate: 3rd -4th September 2026\nTime: 9:00am – 4:00pm\nVenue: Virtual Delivery \nOverview \nAcross the globe\, governments are increasingly transitioning from cash-based and modified cash accounting frameworks to accrual-based financial reporting aligned with International Public Sector Accounting Standards (IPSAS). This shift is widely recognized as a cornerstone of modern public financial management (PFM) reform\, enabling governments to produce more transparent\, comprehensive\, and decision-useful financial information. \nIn Kenya and many other jurisdictions\, the transition to IPSAS Accrual represents a major transformation in the way public sector entities recognize\, measure\, and report financial transactions. Under the accrual framework\, entities must record not only cash movements but also assets\, liabilities\, revenues\, expenses\, and commitments\, thereby providing a more complete picture of financial performance and financial position. \nHowever\, transitioning to IPSAS Accrual is a complex institutional reform that goes far beyond technical accounting changes. It requires significant adjustments in policies\, systems\, processes\, data management\, asset registers\, staff capacity\, and governance frameworks. Public sector entities must undertake detailed preparatory work\, including identifying assets and liabilities\, developing opening balances\, aligning financial management systems such as IFMIS\, and strengthening internal controls and documentation practices. \nInternational experience demonstrates that entities often encounter significant challenges during the transition phase. These may include: \n\nDifficulties in compiling reliable opening balances\nLimited asset registers and incomplete asset verification\nLack of historical valuation data\nWeak integration between accounting policies and operational processes\nLimited familiarity with key IPSAS standards such as PPE\, revenue from non-exchange transactions\, provisions\, leases\, and financial instruments\nSystem limitations in capturing accrual-based transactions\nCapacity gaps among preparers and financial managers\n\nWithout adequate preparation\, these challenges can result in delays\, inconsistencies\, and significant audit issues during the first accrual reporting cycle. \nThis workshop is therefore designed as a practical capacity-building program to support entities preparing for the transition to IPSAS Accrual. Rather than focusing solely on theoretical aspects of IPSAS\, the training emphasizes practical implementation strategies\, transition planning\, opening balance preparation\, and system readiness. \nParticipants will gain a clear understanding of: \n\nThe IPSAS Accrual transition roadmap\nKey technical standards affecting transition\nPractical steps for preparing opening balances\nAsset identification and valuation processes\nSystem and data requirements for accrual reporting\nInstitutional arrangements needed to support successful implementation\n\nBy the end of the training\, participants will be better equipped to plan\, manage\, and execute the transition to IPSAS Accrual\, thereby strengthening the credibility\, transparency\, and usefulness of public sector financial reporting. \nTopics to be Covered \n\n\n\nDAY\nMODULE\nTOPICS\nKEY AREAS TO BE COVERED\n\n\nDay 1\nIntroduction to IPSAS Accrual and the Transition Framework\nUnderstanding the shift from cash-based to accrual-based public sector accounting\n·         Global trends in public sector financial reporting reforms \n·         Rationale for adopting IPSAS Accrual \n·          Key differences between cash\, modified cash\, and accrual accounting \n·         Benefits of accrual accounting for transparency and accountability\n\n\n  \n  \n \nPlanning and Managing the IPSAS Transition\nDeveloping a structured roadmap for successful implementation\n·         Developing an IPSAS transition strategy \n·          Institutional governance and leadership roles \n·          Roles of finance teams\, management\, auditors\, and oversight bodies \n·          Change management and stakeholder coordination \n·          Risk management during transition\n\n\n\nPreparation of Opening Balances\nEstablishing reliable opening balances under IPSAS Accrual\n·          Importance of opening balances in IPSAS transition \n·         Identification and recognition of assets and liabilities \n·         Use of transitional provisions and exemptions \n·          Documentation and supporting evidence for audit purposes \n·          Common challenges in opening balance preparation\n\n\nDay 2\nAsset Recognition and Measurement under IPSAS\nAccounting for public sector assets during transition\n·         Property\, Plant and Equipment (IPSAS 45) \n·          Intangible Assets (IPSAS 31) \n·          Heritage and infrastructure assets \n·          Asset verification and asset register development \n·          Valuation challenges and practical approaches\n\n\n\nRevenue\, Liabilities and Key Accounting Areas\nRecognition and measurement of major transactions under accrual accounting\n·         Revenue from non-exchange transactions (IPSAS 47) \n·          Grants\, transfers\, and donor-funded projects \n·          Provisions and contingent liabilities (IPSAS 19) \n·         Recognition of receivables and payables \n·         Commitments and obligations\n\n\n\nSystems Readiness and Preparing IPSAS Accrual Financial Statements\nStrengthening systems and preparing the first accrual financial statements\n·         Aligning financial management systems (IFMIS) to IPSAS Accrual \n·         Chart of Accounts and data requirements \n·          Structure of IPSAS financial statements \n·          Disclosure requirements and supporting schedules \n·         Common transition pitfalls and practical solutions\n\n\n\n Target Audience \n The course to all professionals in all spheres. \n Continuous Professional Development Units (CPD UNITS): \nMembers of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the course. \nFinancial Commitment \nThe webinar charges are Kshs. 10\,000. Charges will cater for online video access fees\, learning materials\, and e-certificates of attendance. \nOnline Booking \nRegistration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking \nWe 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. \nNational Industrial Training Authority (NITA) Reimbursement \nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke) \nFurther requests can be channeled to us via telephone calls on +254 719 074 000\,  or via email to marketing@icpak.com
URL:https://www.icpak.com/event/transition-to-ipsas-accrual-course-2026-virtual-option/
LOCATION:Virtual Delivery
CATEGORIES:Local Seminars,Virtual Symposiums
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260916T090000
DTEND;TZID=Europe/Moscow:20261231T153000
DTSTAMP:20261009T144429
CREATED:20260108T165940Z
LAST-MODIFIED:20260928T130412Z
UID:10003341-1789549200-1798731000@www.icpak.com
SUMMARY:Audit Managers and Supervisors Seminar 2026 (Mandatory Training)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nAudit Managers & Supervisors Seminar 2026 (Mandatory Training)\nDate: 16th -17th September 2026\nTime: 9.00am-3.30pm\nDelivery Mode: Virtual\nTheme: Enhancing Audit Quality\, Professional Judgment\, and Regulatory Compliance in a Changing Business Environment\n(This is one of the mandatory trainings for Practicing Certificate consideration) \nOverview \nAs expectations from stakeholders continue to increase\, new regulations\, technology\, and business risks continue shaping the auditing profession. It is\, therefore\, the responsibility of audit managers and supervisors to ensure that audits are planned\, performed\, and supervised according to both professional standards and regulations. \nWith recent developments in financial reporting\, quality management\, sustainability reporting\, data analytics\, and corporate governance\, audit engagements have become increasingly complicated. Firms are\, thus\, expected to improve their audit quality\, be more skeptical about their findings\, and adopt proper quality management systems. \nThe Audit Managers & Supervisors Seminar is structured as an obligatory training program designed to develop the skills and knowledge of audit practitioners that are essential in managing audit engagements efficiently. The seminar will offer a forum where the participants can discuss recent trends in audit practice\, share their experience\, and find ways to cope with emerging risks and quality issues. \nDelegates will learn about the application of the International Standards on Auditing (ISA)\, International Standard on Quality Management (ISQM)\, ethical considerations\, regulatory requirements\, and best practices in supervision of audit engagements in the ever-changing business world. \nObjectives \nThe aim of the seminar is to: \n\nDevelop knowledge about developments in audit and assurance standards.\nDevelop audit quality management and engagement supervision skills.\nEnsure professional\, ethical and regulatory compliance.\nDevelop risk assessment and professional judgment in audit engagements.\nProvide approaches to dealing with audit risks in an efficient manner.\nDevelop leadership and people management skills for effective engagement delivery.\n\nKey Topics \n\n\n\nDAY\nMODULE\nTOPICS\n\n\n\n\nDAY 1\nA.   Audit Quality Management and Regulatory Expectations\n·         Application of ISQM 1 and ISQM 2 standards. \n·         Analysis of underlying causes of audit deficiencies. \n·         Quality control monitoring and improvement processes. \n·         Implications from regulatory inspections for practitioners. \n·         Improvement of firm-wide quality management system.\n\n\nB.   Effective Audit Planning\, Supervision\, and Review \n \n·         Risk-based audit planning techniques. \n·         Supervisory responsibilities throughout the audit lifecycle \n·         Documentation and review requirements. \n·         Coaching and mentoring audit teams. \n·         Managing audit timelines and engagement budgets. \n \n\n\nC.   Professional Ethics and Independence\n·         Applying the IESBA Code of Ethics. \n·         Dealing with threats to independence and safeguarding. \n·         Professional skepticism and professional judgement. \n·         Ethical challenges in audit engagements. \n·         Addressing conflicts of interest and non-compliance issues.\n\n\n\nTarget Audience \nThis workshop will be useful to all professional Accountants and those aspiring to join the profession \nContinuous Professional Development Units (CPD Units): \nMembers of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session. \nCost: \nCharges for the training will be Kes 10\,000/= which will cover workshop fees\, materials\, and e-certificates of attendance. \nOnline Booking: \nWe call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session.  Delegates are reminded to note that online booking for training sessions is mandatory.   This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone-based application that is available from google store. \nNational Industrial Training Authority (NITA) Reimbursement: \nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke). \nFurther requests can be channeled to us via telephone calls on +254 719 074 100\,  or via email  to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/audit-managers-and-supervisors-seminar-2026-mandatory-training/
LOCATION:Virtual Delivery
CATEGORIES:Past Virtual Events,Virtual Symposiums
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260917T090000
DTEND;TZID=Europe/Moscow:20260918T153000
DTSTAMP:20261009T144429
CREATED:20260716T180858Z
LAST-MODIFIED:20260716T181331Z
UID:10003478-1789635600-1789745400@www.icpak.com
SUMMARY:Measuring GHG Emissions-Scope 1\,2 and 3 Practical (virtual option)
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nMeasuring GHG Emissions-Scope 1\,2 and 3 Practical (virtual option)\nDate: 17th – 18th September 2026\nTime: 9:00am – 4:00pm\nVenue: Virtual Delivery \nOverview \nThere is increased pressure from regulators\, investors\, financiers\, and other stakeholders for organizations across all sectors to measure\, manage\, and transparently report their GHG emissions. With increasing mainstreaming of climate-related disclosures\, the need for professionals who can apply the GHG accounting principles practically\, as set out in recognized global frameworks\, cannot be over-emphasized. This practical course will focus on the development of hands-on capacity to measure\, calculate\, document\, and report GHG emissions for Scope 1\, Scope 2\, and Scope 3. The course will bridge the gap between theory and practice by focusing on real-life organizational scenarios\, sector-specific emission sources\, and practical calculations that align with international best practice. \nWith the gradual evolution of sustainability reporting\, it is increasingly expected of entities to report their carbon footprint in a reliable\, consistent\, and auditable manner. Yet\, for many organizations\, technical challenges persist regarding source identification for emissions\, collection of quality data on activities\, methods for selecting the most appropriate emission factors\, and completeness and accuracy concerns in disclosures. This course responds to the practical competencies gap by equipping participants with the necessary competencies to operationalize GHG measurement\, enhance internal data systems\, support assurance processes\, and better ensure the credibility of climate-related information presented within corporate reports. \nThe course will enhance the practical ability of participants to identify relevant emission sources\, apply standardized calculation methodologies\, manage data collection processes\, and prepare reliable GHG emissions reports. It seeks to build competence in distinguishing between direct and indirect emissions\, developing organizational and operational boundaries\, and embedding internal controls that support high-quality environmental data. Participants will also gain an appreciation of how robust GHG reporting supports risk management\, regulatory compliance\, strategic planning\, and stakeholder confidence. \nAdditionally\, the following topics will be discussed during the sessions: \nIntroduction to GHG Accounting Frameworks \n\nOverview of internationally accepted GHG accounting principles\nUnderstanding organizational and operational boundaries\nAlignment with global climate disclosure expectations\n\nPractical Measurement of Scope 1 Emissions \n\nIdentifying direct emission sources (fuel combustion\, company vehicles\, industrial processes)\nActivity data collection and quality checks\nHands-on calculations using emission factors\n\nPractical Measurement of Scope 2 Emissions \n\nAccounting for purchased electricity\, steam\, heating\, and cooling\nMarket-based versus location-based methods\nElectricity data interpretation and practical calculation exercises\n\nPractical Measurement of Scope 3 Emissions \n\nMapping value chain emission sources\nPrioritization of material Scope 3 categories\nPractical approaches to data estimation and supplier engagement\n\nGHG Data Management and Internal Controls \n\nDesigning data collection templates and control processes\nManaging data gaps\, assumptions\, and estimations\nDocumentation and audit trail requirements\n\nPreparation of GHG Emissions Reports \n\nStructuring clear and credible GHG disclosures\nConsistency with financial and sustainability reporting\nCommon errors and how to avoid them\n\nVerification and Assurance Readiness \n\nPreparing GHG data for independent verification\nUnderstanding assurance expectations and evidence requirements\nResponding to review findings and improving reporting quality\n\nLinking GHG Measurement to Strategy and Performance \n\nUsing emissions data to inform risk management and decision-making\nSetting reduction targets and monitoring progress\nIntegrating GHG data into broader ESG and sustainability frameworks\n\n Target Audience \n The course is intended for accountants\, auditors\, sustainability and ESG professionals\, internal control and risk management practitioners\, finance and operations managers\, environmental and health and safety officers\, compliance officers\, and consultants who are engaged in sustainability reporting or climate-related risk management. It will also be useful to public sector professionals\, regulators\, and development practitioners who support environmental accountability and the implementation of climate policy. \n Continuous Professional Development Units (CPD UNITS): \nMembers of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the course. \nFinancial Commitment \nThe webinar charges are Kshs. 10\,000. Charges will cater for online video access fees\, learning materials\, and e-certificates of attendance. \nOnline Booking \nRegistration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking \nWe 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. \nNational Industrial Training Authority (NITA) Reimbursement \nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke) \nFurther requests can be channeled to us via telephone calls on +254 719 074 000\,  or via email to marketing@icpak.com
URL:https://www.icpak.com/event/measuring-ghg-emissions-scope-12-and-3-practical-virtual-option/
LOCATION:Virtual Delivery
CATEGORIES:Local Seminars,Virtual Symposiums
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20260930T090000
DTEND;TZID=Europe/Moscow:20261231T153000
DTSTAMP:20261009T144429
CREATED:20260108T200811Z
LAST-MODIFIED:20261006T133513Z
UID:10003352-1790758800-1798731000@www.icpak.com
SUMMARY:Audit Staff Training-A Practical Approach (Mandatory Training
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nAudit Staff Training-A practical Approach (Mandatory Training)\nTheme: Future-Ready Auditors: Enhancing Quality\, Innovation and Trust.\nDate: 30th September -1st October 2026\nTime: 9.00-15.30\nVenue: virtual\n(This is one of the mandatory trainings for Practicing Certificate consideration) \nOverview \nThe audit profession is undergoing unprecedented transformation driven by technological advancements\, evolving stakeholder expectations\, increasing regulatory scrutiny\, and the growing complexity of business transactions. Auditors are expected not only to provide assurance on financial information but also to navigate emerging risks\, leverage technology effectively and uphold the highest standards of professional judgment and ethical conduct. \nGlobally\, audit regulators and standard setters continue to introduce reforms aimed at strengthening audit quality and restoring public confidence in the profession. Recent developments such as the International Standards on Quality Management (ISQM 1 and ISQM 2)\, revisions to risk assessment and auditing standards\, increased focus on sustainability reporting and assurance\, and the adoption of advanced data analytics tools are reshaping audit methodologies and engagement practices. \nIn Kenya\, auditors operate within an increasingly complex environment characterized by heightened regulatory expectations\, digital transformation\, evolving reporting requirements\, and growing concerns over fraud\, cybersecurity threats\, and financial reporting quality. Recent corporate failures and governance challenges have further reinforced the need for robust audit processes\, enhanced professional skepticism\, and continuous capacity building among audit professionals. \nAs organizations embrace digital technologies and face new business risks\, audit staff must develop competencies that extend beyond traditional audit approaches. Skills in data analytics\, risk assessment\, fraud detection\, audit quality management\, and sustainability assurance are becoming essential for delivering high-quality audits that meet stakeholder expectations. \nThe Audit Staff Training Programme seeks to equip audit professionals with practical knowledge and emerging skills necessary to enhance audit quality\, strengthen professional judgment\, improve risk identification\, and effectively respond to the evolving demands of the profession. The programme will provide participants with insights into current auditing standards\, technological innovations\, fraud risk management\, and sustainability-related assurance considerations. \nKey Topics \n\n\n\nDAY\nMODULE\nTOPICS\n\n\n\n\nDAY 1\nA.   Risk-Based Auditing and Audit Planning\n·         Understanding the entity and its environment \n·         Identifying and assessing risks of material misstatement (ISA 315 Revised) \n·         Materiality considerations in audit planning \n·         Risk assessment procedures and documentation requirements \n·         Designing responses to identified risks (ISA 330) \n·         Practical case studies on risk-based auditing \n \n\n\nB.   Audit Quality Management and Professional Skepticism\n·         Overview of ISQM 1 and ISQM 2 requirements \n·         Establishing a culture of audit quality \n·         Professional skepticism and professional judgment \n·         Common audit deficiencies identified during inspections \n·         Root cause analysis and remediation of quality issues \n·         Enhancing audit engagement performance\n\n\nC.   Fraud Risk Assessment and Forensic Audit Techniques\n·         Auditor responsibilities relating to fraud (ISA 240) \n·         Fraud risk factors and red flags \n·         Lessons from recent corporate fraud cases \n·         Fraud detection techniques and investigative procedures \n·         Use of data analytics in fraud identification \n·         Documentation and reporting considerations.\n\n\nDAY 2\nD.   Technology\, Data Analytics and Artificial Intelligence in Audit\n·         Digital transformation of audit engagements \n·         Introduction to audit data analytics \n·         Computer-Assisted Audit Techniques (CAATs) \n·         Artificial Intelligence applications in auditing \n·         Cybersecurity risks and audit implications \n·         Future-ready auditing practices\n\n\nE.   Auditing Complex Areas of Financial Statements\n·         Auditing accounting estimates under ISA 540 (Revised) \n·         Revenue recognition challenges (IFRS 15) \n·         Auditing leases under IFRS 16 \n·         Impairment assessments and going concern considerations \n·         Related-party transactions and significant judgments \n·         Practical examples and common audit pitfalls \n \n\n\nF.   Sustainability Assurance and Effective Audit Reporting\n·         Overview of sustainability and ESG reporting requirements \n·         IFRS S1 and IFRS S2 implications for auditors \n·         Introduction to sustainability assurance engagements – ISSA 5000 \n·         Key Audit Matters (ISA 701) \n·         Communicating with those charged with governance \n·         Preparing clear\, concise and impactful audit reports\n\n\n\nTarget Audience: \n\nAuditors working in  accounting firms\, internal audit departments\, or as external auditors.\nIndividuals with a basic understanding of auditing principles who seek to deepen their knowledge of international auditing standards.\nAudit managers and team leads who need to ensure their teams adhere to ISA requirements.\n\n\nAccounting and finance professionals seeking to enhance their understanding of international auditing standards.\nAudit managers\, supervisors\, and directors.\nRegulatory and oversight bodies involved in auditing\, accounting\, and financial reporting.\nStudents pursuing qualifications in auditing and accounting  \n\nContinuous Professional Development Units (CPD Units): \nMembers of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session. \nCost: \nCharges for the training will be Kes 10\,000/= which will cover workshop fees\, materials\, and e-certificates of attendance. \nOnline Booking: \nWe call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session.  Delegates are reminded to note that online booking for training sessions is mandatory.   This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone-based application that is available from google store. \nNational Industrial Training Authority (NITA) Reimbursement: \nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke). \nFurther requests can be channeled to us via telephone calls on +254 719 074 100\,  or via email  to marketing@icpak.com. \nWe encourage members to regularly visit our website https://www.icpak.com for updates.
URL:https://www.icpak.com/event/audit-staff-training-a-practical-approach-mandatory-training-2/
LOCATION:Virtual Delivery
CATEGORIES:Mandatory Trainings,Virtual Symposiums
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