BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ICPAK - ECPv6.5.0//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-ORIGINAL-URL:https://www.icpak.com
X-WR-CALDESC:Events for ICPAK
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Europe/Moscow
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0300
TZNAME:MSK
DTSTART:20260101T000000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20261103T160000
DTEND;TZID=Europe/Moscow:20261103T180000
DTSTAMP:20260723T154916
CREATED:20260108T212456Z
LAST-MODIFIED:20260629T084611Z
UID:10003360-1793721600-1793728800@www.icpak.com
SUMMARY:AML and CFT Audit webinar
DESCRIPTION:NSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nAML and CFT Audit webinar\nDate: 3rd November  2026\nTime: 04.00pm-06.00pm\nDelivery Mode: Virtual \nOverview \nConducting an Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) audit is a critical process for auditors\, financial institutions\, regulated entities and other designated professionals to ensure compliance with legal and regulatory requirements. These audits evaluate the effectiveness of an organization’s policies\, procedures\, and controls designed to detect\, prevent\, and report money laundering and terrorist financing activities. Auditors assess whether the institution maintains a robust risk-based approach\, adhering to standards set by bodies such as the Financial Action Task Force (FATF)\, local regulators\, and international guidelines. The primary goal is to identify weaknesses that could expose the organization to financial crime risks\, reputational damage\, or regulatory penalties. Successful audits require a combination of technical expertise\, independence\, and a thorough understanding of evolving threats in the global financial ecosystem. \nThe planning phase sets the foundation for a successful AML/CFT audit. Auditors begin by defining the scope\, objectives\, and timeline\, considering factors like the institution’s size\, customer base\, product offerings\, and geographic operations. A comprehensive risk assessment is conducted to prioritize high-risk areas\, such as correspondent banking\, trade finance\, or dealings with high-risk jurisdictions. Documentation review includes examining the AML/CFT policy framework\, customer due diligence (CDD) procedures\, and transaction monitoring systems. Engagement with key stakeholders\, including compliance officers and senior management\, helps align expectations and gather preliminary insights. Proper planning ensures resources are allocated efficiently and that the audit remains focused on material risks. \nRisk assessment forms the core of the audit methodology. Auditors evaluate the institution’s enterprise-wide risk assessment to determine if it accurately identifies\, measures\, and mitigates AML/CFT exposures. This involves analysing customer risk profiles\, enhanced due diligence (EDD) for politically exposed persons (PEPs)\, and sanctions screening processes. Data analytics tools are often employed to review transaction patterns\, flag suspicious activities\, and test the effectiveness of automated monitoring systems. Qualitative factors\, such as staff training programs and the “tone from the top” in fostering a culture of compliance\, are also scrutinized. Any gaps in risk identification can indicate systemic vulnerabilities that require immediate attention. \nFieldwork and testing procedures involve detailed examination of controls and operations. Auditors perform walkthroughs of key processes\, sample testing of customer files for proper KYC (Know Your Customer) documentation\, and validation of suspicious activity report (SAR) filings. Independent testing of transaction monitoring rules helps verify detection accuracy and false positive rates. Interviews with frontline staff and compliance teams reveal practical implementation challenges. Technology audits may include assessing the reliability of core banking systems and data integrity. These hands-on activities ensure that theoretical policies translate into effective day-to-day practices. \nEvaluation of findings focuses on the adequacy and effectiveness of the AML/CFT program. Auditors rate controls as effective\, partially effective\, or ineffective based on evidence gathered. Common deficiencies include inadequate customer identification\, weak ongoing monitoring\, or insufficient independent testing of the compliance function. Root cause analysis is performed to understand underlying issues\, such as resource constraints or outdated technology. The audit team also benchmarks the institution against industry best practices and regulatory expectations\, providing a holistic view of compliance maturity. This step is crucial for prioritizing remediation efforts. \nThe reporting and follow-up stage closes the audit cycle with actionable recommendations. A clear\, well-structured report is delivered to management and the board\, highlighting strengths\, weaknesses\, and prioritized remedial actions with timelines. Follow-up mechanisms ensure that agreed-upon corrective measures are implemented and tested in subsequent reviews. Continuous monitoring and periodic re-audits help adapt to emerging risks\, such as those posed by new technologies like cryptocurrencies or virtual assets. Ultimately\, a well-conducted AML/CFT audit strengthens the organization’s defenses\, promotes regulatory adherence\, and contributes to the broader fight against financial crime. \nTarget Audience: \nThe webinar will be useful to accountants\, auditors\, academia\, and other designated professionals interested AML and CFT audit \n Continuous Professional Development Units (CPDs):\nMembers of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop. \nFinancial Commitment:\nThe workshop charges are Kshs. 1\,000. Charges will cater for the webinar fees\, learning materials\, and e-certificates of attendance. \nOnline Booking:\nRegistration: Delegates are reminded to note that online booking for the webinar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory. \nNational Industrial Training Authority (NITA) Reimbursement:\nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke). \nFurther requests can be channeled to us via telephone calls on\, +254 719 074 100\, or via email to marketing@icpak.com \nWe encourage members to regularly visit our website https://www.icpak.com for update.
URL:https://www.icpak.com/event/aml-and-cft-audit-webinar-2/
LOCATION:Virtual Delivery
CATEGORIES:Webinars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20261110T160000
DTEND;TZID=Europe/Moscow:20261110T180000
DTSTAMP:20260723T154916
CREATED:20260108T213107Z
LAST-MODIFIED:20260625T110900Z
UID:10003361-1794326400-1794333600@www.icpak.com
SUMMARY:ISA 220- Quality control for an audit of financial statements webinar
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nISA 220- Quality control for an audit of Financial Statements Webinar\nDate: 10th November  2026\nTime: 04.00pm-06.00pm\nDelivery Mode: Virtual \nOverview \nThe quality of an audit is fundamental to maintaining public trust in the accountancy profession and enhancing confidence in financial reporting. In an increasingly complex business environment characterized by evolving regulatory requirements\, technological advancements\, heightened stakeholder expectations\, and emerging risks\, audit firms and engagement teams are under greater pressure to consistently deliver high-quality audit engagements. \nRecognizing the need to strengthen audit quality\, the International Auditing and Assurance Standards Board (IAASB) introduced a new suite of quality management standards\, including International Standard on Auditing (ISA) 220\, Quality Management for an Audit of Financial Statements. The revised standard shifts the focus from traditional quality control procedures to a proactive and risk-based approach to quality management at the engagement level. \nISA 220 places greater responsibility on the engagement partner for managing and achieving quality throughout the audit engagement. The standard emphasizes leadership\, professional skepticism\, appropriate direction and supervision of engagement teams\, effective use of resources\, and ongoing evaluation of whether quality objectives are being achieved. It also aligns with International Standard on Quality Management ISQM 1 and ISQM 2\, creating a comprehensive framework for managing audit quality at both the firm and engagement levels. \nAs firms continue to implement quality management systems\, it is essential for engagement partners\, managers\, auditors\, and quality reviewers to understand their responsibilities under ISA 220 and how these requirements translate into practical actions throughout the audit lifecycle. Effective application of the standard contributes to improved audit execution\, stronger documentation\, enhanced professional judgment\, and greater confidence in audit opinions. \nThis webinar will provide participants with practical insights into the requirements of ISA 220 (Revised)\, the role of the engagement partner in achieving audit quality\, and best practices for embedding quality management into audit engagements across different jurisdictions and practice environments. \n\nUnderstanding the New Quality Management Framework\nCommon challenges and lessons learned in establishing effective quality management systems.\nInteraction between ISA 220 (Revised)\, ISQM 1\, and ISQM 2\nLeadership responsibilities for managing and achieving quality on audits\nFirms system of quality management and role of engagement teams\nRelevant ethical requirements\, including those related to independence\nRole and responsibilities of the engagement partner\nConsultation & documentation requirements\n\nTarget Audience: \nThis webinar will be useful to all professional Accountants and those aspiring to join the profession\, Internal and External Auditors\, Consultants and Advisors \nContinuous Professional Development Units (CPDs):\nMembers of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop. \nFinancial Commitment:\nThe workshop charges are Kshs. 1\,000. Charges will cater for the webinar fees\, learning materials\, and e-certificates of attendance. \nOnline Booking:\nRegistration: Delegates are reminded to note that online booking for the webinar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory. \nNational Industrial Training Authority (NITA) Reimbursement:\nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke). \nFurther requests can be channeled to us via telephone calls on\, +254 719 074 100\, or via email to marketing@icpak.com \nWe encourage members to regularly visit our website https://www.icpak.com for update.
URL:https://www.icpak.com/event/isa-220-quality-control-for-an-audit-of-financial-statements-webinar-2/
LOCATION:Virtual Delivery
CATEGORIES:Webinars
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Europe/Moscow:20261124T160000
DTEND;TZID=Europe/Moscow:20261124T180000
DTSTAMP:20260723T154916
CREATED:20260108T213915Z
LAST-MODIFIED:20260711T193439Z
UID:10003362-1795536000-1795543200@www.icpak.com
SUMMARY:IPSAS Accrual webinar
DESCRIPTION:INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nIPSAS Accrual\nTheme: Enhancing Transparency and Accountability Through Effective Application of Accrual-Based IPSAS\nDate: 24th November 2026\nTime: 4:00-6:00pm\nDelivery Mode: Virtual \nOverview \nAccrual-based IPSAS strengthens public sector financial management by improving transparency\, accountability\, and decision-making. By recognizing assets\, liabilities\, revenues\, and expenses when they occur\, it provides a fuller and more accurate view of an entity’s financial position and performance. \nMoving to IPSAS Accrual is more than an accounting change; it reshapes how public sector organizations plan\, manage\, and report finances. It supports better cost analysis\, asset and liability management\, long-term planning\, and evidence-based policy and budgeting. \nDespite progress\, many entities still face challenges in recognition\, measurement\, asset management\, employee benefits\, revenue recognition\, disclosures\, and IPSAS-compliant reporting. Addressing these requires continuous professional development and strong knowledge of accrual principles and IPSAS updates. \nThe changing public financial management environment calls for greater consistency\, comparability\, and accountability in reporting. Effective IPSAS Accrual application improves stewardship\, audit outcomes\, compliance\, and public trust by ensuring financial information reflects the substance of transactions. \nThis webinar will offer practical insights into IPSAS Accrual principles\, including recognition\, measurement\, presentation\, and disclosure requirements. Through examples\, discussions\, and case scenarios\, participants will explore common challenges and practical ways to improve public sector reporting. \nICPAK has organized this webinar to equip members with practical knowledge and current developments in IPSAS Accrual\, strengthening technical competence and supporting consistent application for transparency\, accountability\, and effective stewardship of public resources. \nKey topics to be covered \n\n Introduction to IPSAS Accrual\n\n\nPrinciples of accrual accounting\nBenefits of IPSAS Accrual\nCurrent implementation developments\n\n\n Key Recognition and Measurement Requirements\n\n\nRecognition of assets and liabilities\nRevenue and expense recognition\nPractical examples\n\n\n Preparing IPSAS-Compliant Financial Statements\n\n\nPresentation and disclosure requirements\nCommon implementation challenges\nGood reporting practices\n\n\n Practical Implementation Insights\n\n\nLessons learned from IPSAS implementation\nEmerging developments\nInteractive discussion and participant questions\n\nTarget Audience: \nThis webinar will be useful to all professional Accountants and those aspiring to join the profession\, Internal and External Auditors\, Consultants and Advisors \nContinuous Professional Development Units (CPDs):\nMembers of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop. \nFinancial Commitment:\nThe workshop charges are Kshs. 1\,000. Charges will cater for the webinar fees\, learning materials\, and e-certificates of attendance. \nOnline Booking:\nRegistration: Delegates are reminded to note that online booking for the webinar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory. \nNational Industrial Training Authority (NITA) Reimbursement:\nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke). \nFurther requests can be channeled to us via telephone calls on\, +254 719 074 100\, or via email to marketing@icpak.com \nWe encourage members to regularly visit our website https://www.icpak.com for update.
URL:https://www.icpak.com/event/ipsas-accrual-webinar-2/
LOCATION:Virtual Delivery
CATEGORIES:Webinars
END:VEVENT
END:VCALENDAR