Financial Reporting Seminar (Mandatory Training)
2025-12-17 09:00 - 2025-12-18 15:30 (Europe/Moscow) | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Financial Reporting Seminar (Mandatory Training)
Date: 17th – 18th December 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
The global financial reporting landscape continues to rapidly change with the ongoing drive for greater regulatory scrutiny, technological transformation and calls for transparent and comparable information. The International Financial Reporting Standards remain at the core of promoting high-quality financial reporting, and professionals must remain updated on new standards, amendments and challenges in implementation. The virtual symposium is therefore structured to attain current comprehensions of IFRS requirements that would ensure that participants maintain competence in an environment in which accuracy and compliance are not open to negotiation.
IFRS has been subject to significant updates lately, including new guidance on financial instruments, revenue, leases, sustainability disclosures and insurance contracts. In fact, the updated standards have far-reaching implications on recognition, measurement, presentation and disclosure. The symposium will provide practical insights into how to navigate these complex standards, emerging issues associated with fair value measurement, impairment assessments and financial risk disclosures, along with integration of sustainability information under IFRS S1 & S2.
The increasing demands of the profession go hand in hand with expectations for professional judgment to be exercised and consistency to be maintained in financial reporting, amidst the ever-evolving business models and sophisticated transactions. The symposium will emphasize challenges encountered when applying principles-based standards so that participants can feel confident about interpreting the requirements of IFRS in different industries and financial environments. Focus will be on practical applications, case studies, and common pitfalls observed in practice.
Bringing technical experts and practitioners together in this virtual symposium provides an avenue for deepening understanding, discussing experiences regarding implementation and enhancing the capacity of finance and accounting professionals. It reiterates the commitment to high-quality reporting and equips participants with practical tools that will help enhance compliance with standards, improve stakeholder communication and maintain the integrity of financial information, as part of global best practices.
Topics
IFRS S1 – General Requirements for Disclosure of Sustainability-related Financial Information

Purpose and objectives of IFRS S1
Relationship with other sustainability reporting frameworks – GRI & TCFD
Disclosure Requirements – Governance, Strategy, Risk management, Metrics & Targets

IFRS S2 – Climate Related Disclosures

Purpose and scope of IFRS S2
Board oversight of climate-related issues
Management’s role in assessing and managing climate risks
Identifying climate-related risks and opportunities
Impacts on business model, strategy, and financial planning

GHG Emissions (Metrics & Tragets)

Introduction to GHG Emissions
Overview of the GHG Protocol (Scope 1, 2 & 3 emissions)
Managing Climate Risks and Reducing Emissions
Climate-Related Financial Risk and GHG Emissions
Steps to create a transition plan

The Sustainability Reporting Cycle

Allocating responsibility for sustainability reporting
Establishing the reporting landscape
Determining the material sustainability related information to be reported
Determining the data requirements
Collecting the data
Reporting on the data collected
Implementing reporting

IFRS 9: Financial Instruments

Classification and Measurement: Financial Assets & Financial Liabilities
Impairment: IFRS 9 introduced a forward-looking Expected Credit Loss (ECL) model.
Hedge Accounting
Derecognition

IFRS 7: Financial Instruments Disclosures

Introduction to IFRS 7
Categories of financial instruments
Disclosure Requirements for Financial Risks
Statement of Financial Position
Disclosure for Impairment of Financial Instruments
Disclosure for Liquidity Risk
Market Risk Disclosures

IFRS 16: Leases

Overview of IFRS 16
Lease term determination and reassessment considerations
Recognition and measurement of right of use (ROU) assets and lease liabilities
Lease modifications: Accounting treatment from both lessee and lessor perspectives
Presentation and disclosure requirements in the financial statements

IFRS 15: Revenue from Contracts with Customers

Introduction to IFRS 15
Scope and recognition
Measurement of revenue
Contract costs
Presentation and disclosure

IFRS 18 – Presentation and Disclosures of Financial Statements

Income statement structure
Management-defined performance measures
Aggregation and disaggregation
Other changes for the financial statements
Interim financial reporting
Effective date and transition

The Conference 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 10,000/= 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.

IPSAS and PFM for Counties Workshop (Northern Kenya Branch)
2025-12-18 09:00 - 2025-12-19 15:30 | Gand Oasis Hotel, Wajir, 59963, Nairobi, 00200, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IPSAS and PFM for Counties Workshop – Northern Kenya Branch
Theme: Implementing IPSAS for Effective service delivery
Date: 18th-19th December 2025
Time: 09.00am-03.30
Venue: Grand Oasis Hotel, Wajir
Overview
In an era where financial accountability and transparency are paramount, the adoption of International Public Sector Accounting Standards (IPSAS) has become crucial for effective Public Financial Management (PFM). In Kenya, the Government has undertaken several initiatives to improve Public Finance Management. Currently, with the implementation of devolved government system, a new dimension of public finance management has been introduced with a set of new challenges human resource related, structural and object related. This workshop aims to provide a comprehensive understanding of IPSAS and their integration into PFM practices to enhance financial reporting and governance within public sector entities.
It also represents a critical opportunity for public sector professionals to enhance their knowledge and skills in financial management and reporting. By fostering a deeper understanding of IPSAS and promoting best practices in PFM, it contributes to improved financial transparency, accountability, and efficiency in public sector entities.
The following topics will be covered:
1. Principles of Public Financial Management in Kenya
2. County Own Source Revenue: County Government Revenue Raising Process Bill
3. Emerging Issues from Office of the Auditor General Audit Reports
4. Public Procurement & Payment for Goods and Services
– Pending Bills
– Challenges Faced
– Effects of non- compliance
5. IPSAS 24: Presentation of Budget Information in Financial Statements: Bridging the gap between budget and actuals
6. Implementation of the single treasury account – Implications to the Public Sector
7. IPSAS 40: Public Sector Combinations – Accounting for mergers, acquisitions, and reorganizations
8. Adopting IPSAS in Kenya
– Migration to IPSAS Accrual
– IPSAS 33 – First-time Adoption of Accrual Basis IPSASs and requirements in Kenya
– IPSAS Sustainability proposed guidelines.
9. IPSAS 17 Property, Plant and Equipment
– Initial recognition
– Subsequent measurement including optional use of revaluation approach
– Depreciation
– Treatment of infrastructure and heritage assets
– Principles of Public Financial Management in Kenya
10. The Budget making process in Kenya- County and National Budgets
– Performance-Based Budgeting and Results-Oriented PFM
– Integrating performance indicators to track efficiency in public spending
– Challenges of moving from a line-item budgeting approach to performance-based budgeting
Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the seminar.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the seminar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the seminar 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 Ladhan Abdi at ladhan.abdi@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

IFRS 11-Joint Arrangements Webinar 2026
2026-01-09 08:00 - 17:00
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS 11 – Joint Arrangements Webinar 2026
Date: 9th December 2026
Time: 04.00pm-06.00pm
Delivery Mode: Virtual
Overview
Target Audience:
This webinar will be useful to all professional Accountants and those aspiring to join the profession, Internal and External Auditors, Consultants and Advisors
Continuous Professional Development Units (CPDs):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 1,000. Charges will cater for the webinar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: 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.
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 at marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

Reporting on IFRS S1 and S2 Practical Course (physical option)
2026-01-15 09:00 - 2026-01-16 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Reporting on IFRS S1 and S2 Practical Course
Date: 15th – 16th January 2026
Time: 9:00 Am – 4:00 Pm
Venue: CPA Centre
Overview
The Practical Course on Reporting under IFRS S1 and IFRS S2 aims to bridge the gap between regulatory requirements and operational practice through practical guidance in developing high-quality decision-useful sustainability disclosures in line with global best practice. The course epitomizes emerging demands for increased transparency, consistency, and comparability in information on sustainability by investors, regulators, and other stakeholders.
The course will focus on practical interpretation and application of IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures). Participants will gain in-depth insight into identifying, assessing, measuring, and integrating sustainability and climate-related risks and opportunities into financial reporting processes. Practical case studies, real-world examples, implementation tools, and templates will support participants in confidently applying the standards within their organizations and client engagements.
This practical course will also discuss the integration of sustainability reporting into existing financial reporting frameworks and governance structures. There will be guidance on how to align disclosures of sustainability with enterprise risk management, strategy, internal controls, and data governance processes. The programme will further address the role of professional judgment, documentation standards, and assurance readiness in enhancing the credibility and reliability of the disclosures related to sustainability.
By the end of the course, participants will be better placed to support their organizations and clients in meeting the emerging regulatory, investor, and market expectations on sustainability and climate-related reporting, while fostering increased transparency, accountability, and value creation over the long term.
The following topics will be discussed during sessions:
Overview of IFRS S1 and IFRS S2
• Objectives, scope and structure of the standards
• Key differences and linkages between S1 and S2
• Global regulatory trends and adoption landscape
Governance and Risk Management in Sustainability Reporting
• Board and management responsibilities
• Integration with enterprise risk management frameworks
• Internal control considerations
Practical Climate Risk and Opportunity Assessment
• Identification of physical and transition risks
• Scenario analysis and stress testing
• Materiality assessment for climate-related matters
Data Collection, Measurement and Metrics
• Key performance indicators for sustainability and climate
• Data quality, systems and controls
• Managing estimation uncertainty and assumptions
Designing IFRS S1 and S2 Disclosures
• Structuring sustainability-related financial disclosures
• Consistency between narrative and financial information
• Drafting clear, comparable and decision-useful disclosures
Implementation Challenges and Practical Solutions
• Common implementation pitfalls
• Change management and capacity building
• Use of practical tools, templates and checklists
Assurance and Readiness for External Review
• Preparing for internal and external assurance
• Documentation and audit trail requirements
• Enhancing credibility and stakeholder confidence
Target Audience
The practical course will be useful to finance and accounting professionals, sustainability and ESG practitioners, internal and external auditors, risk management and compliance officers, corporate reporting and investor relations teams, and senior management personnel with governance, strategy, and performance reporting responsibilities. It is also suitable for related professionals in the public sector, regulators, consultants, and advisors supporting organizations in implementing sustainability and climate-related disclosure requirements.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the webinar.
Financial Commitment
The webinar charges are Kshs. 18,500. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
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 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.
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

Reporting on IFRS S1 and S2 Practical Course (virtual option)
2026-01-15 09:00 - 2026-01-16 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Reporting on IFRS S1 and S2 Practical Course
Date: 15th – 16th January 2026
Time: 9:00 Am – 4:00 Pm
Venue: Virtual Delivery
Overview
The Practical Course on Reporting under IFRS S1 and IFRS S2 aims to bridge the gap between regulatory requirements and operational practice through practical guidance in developing high-quality decision-useful sustainability disclosures in line with global best practice. The course epitomizes emerging demands for increased transparency, consistency, and comparability in information on sustainability by investors, regulators, and other stakeholders.
The course will focus on practical interpretation and application of IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information) and IFRS S2 (Climate-related Disclosures). Participants will gain in-depth insight into identifying, assessing, measuring, and integrating sustainability and climate-related risks and opportunities into financial reporting processes. Practical case studies, real-world examples, implementation tools, and templates will support participants in confidently applying the standards within their organizations and client engagements.
This practical course will also discuss the integration of sustainability reporting into existing financial reporting frameworks and governance structures. There will be guidance on how to align disclosures of sustainability with enterprise risk management, strategy, internal controls, and data governance processes. The programme will further address the role of professional judgment, documentation standards, and assurance readiness in enhancing the credibility and reliability of the disclosures related to sustainability.
By the end of the course, participants will be better placed to support their organizations and clients in meeting the emerging regulatory, investor, and market expectations on sustainability and climate-related reporting, while fostering increased transparency, accountability, and value creation over the long term.
The following topics will be discussed during sessions:
Overview of IFRS S1 and IFRS S2
• Objectives, scope and structure of the standards
• Key differences and linkages between S1 and S2
• Global regulatory trends and adoption landscape
Governance and Risk Management in Sustainability Reporting
• Board and management responsibilities
• Integration with enterprise risk management frameworks
• Internal control considerations
Practical Climate Risk and Opportunity Assessment
• Identification of physical and transition risks
• Scenario analysis and stress testing
• Materiality assessment for climate-related matters
Data Collection, Measurement and Metrics
• Key performance indicators for sustainability and climate
• Data quality, systems and controls
• Managing estimation uncertainty and assumptions
Designing IFRS S1 and S2 Disclosures
• Structuring sustainability-related financial disclosures
• Consistency between narrative and financial information
• Drafting clear, comparable and decision-useful disclosures
Implementation Challenges and Practical Solutions
• Common implementation pitfalls
• Change management and capacity building
• Use of practical tools, templates and checklists
Assurance and Readiness for External Review
• Preparing for internal and external assurance
• Documentation and audit trail requirements
• Enhancing credibility and stakeholder confidence
Target Audience
The practical course will be useful to finance and accounting professionals, sustainability and ESG practitioners, internal and external auditors, risk management and compliance officers, corporate reporting and investor relations teams, and senior management personnel with governance, strategy, and performance reporting responsibilities. It is also suitable for related professionals in the public sector, regulators, consultants, and advisors supporting organizations in implementing sustainability and climate-related disclosure requirements.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the webinar.
Financial Commitment
The webinar charges are Kshs. 10,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
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 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.
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

Evening Networking Forum-Goal Setting New Year, New You
2026-01-21 16:00 - 18:00 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
Evening Networking Forum-Goal Setting New Year, New You
Theme: Goal Setting: New Year, New You- 2026
Date: 21st January 2026
Venue: CPA Centre, Nairobi
Overview
As professionals transition from 2025 into 2026, the new year offers a powerful opportunity for reflection, renewal, and purposeful realignment of personal and professional aspirations. This moment provides space to review past experiences, reassess priorities, and set intentional goals that drive growth, resilience, and success. Yet, many professionals continue to struggle with transforming ambition into clear, structured, and achievable goals.
Beyond technical competence, sustainable success today increasingly depends on clarity of vision, personal discipline, adaptability, and strong professional networks. In a fast-changing economic and professional environment, goal setting is no longer merely a personal exercise—it is a strategic tool for career progression, leadership effectiveness, and organizational impact.
It is against this background that the “Goal Setting: New Year, New You – 2026” Evening Networking Forum has been designed by ICPAK as an engaging platform for reflection, inspiration, learning, and connection. The forum will blend personal development with structured networking to empower participants to begin the year with clarity, confidence, and renewed purpose.
The Evening Networking Forum will be delivered through an engaging and interactive format that blends inspiration with practical application and networking. The session will include:

A keynote motivational talk on “Becoming the Best Version of You in 2026”
A guided goal-setting session
Personal reflection and action planning
Structured and free-form networking sessions
Peer sharing and accountability pairing

The forum will be informal, relaxed, and highly participatory to encourage open interaction and meaningful engagement.
More than just an event, the forum is a transformational experience aimed at helping professionals reset, refocus, and rise into 2026 with intentionality. By combining inspiration, structure, and meaningful connections, it will serve as a powerful launchpad for individual excellence and collective progress in the new year.
Target Audience:
The forum is targeted at:

Professionals across various sectors
Young professionals and emerging leaders
Entrepreneurs and business owners
Executives and managers seeking renewed focus and balance
Members and non-members seeking personal and professional transformation

Your investment:
This Evening networking forum shall be provided at a cost of KSh.2,000.
Continuous Professional Development Units:
Members of ICPAK and other reciprocating professional bodies will earn 2 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 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)

INPAS Practical Course on Reporting for Non-Profit Organizations (NPOs)
2026-01-22 09:00 - 2026-01-23 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
INPAS Practical Course on Reporting for Non-Profit Organizations (NPOs)
Theme- Strengthening Financial Reporting for Transparency, Accountability & Donor Confidence
22nd – 23rd January 2026
Time: 09.00am-03.30pm
Venue – CPA Centre
Overview
Non-Profit Organizations (NPOs) occupy a unique space in society, delivering social impact and advancing development goals across sectors. Their operations rely heavily on funding from donors, grants, and other resources that require careful stewardship. Accurate, comprehensive, and transparent financial reporting is central to sustaining stakeholder confidence, demonstrating accountability, and ensuring compliance with statutory and donor requirements. However, NPOs often face challenges in financial reporting due to multiple funding sources, restricted and unrestricted funds, donor-specific requirements, and sector-specific accounting standards.
The International Non-Profit Accounting Standard (INPAS) represents one of the most significant modern developments in global financial reporting for the not-for-profit sector. As NPOs continue to play critical roles in advancing social, economic and human-development agendas, the need for consistent, comparable, transparent and decision-useful reporting has become more urgent. INPAS is intended to provide a globally coherent framework that enables non-profits to communicate performance, stewardship, accountability and impact using standardized accounting and disclosure principles. Its introduction seeks to resolve long-standing inconsistencies, especially where NPOs rely on improvised internal policies or apply for-profit standards that do not appropriately reflect mission-centric activities, donor restrictions, program delivery dynamics and resource deployment structures.
INPAS is not only a harmonization exercise; it provides clarity in key reporting areas such as recognition of resource inflows, the accounting treatment of donor-imposed conditions, attribution of expenditure to program portfolios, measurement of performance, narrative reporting and fund accountability. Unlike general-purpose accounting standards that were not written for the non-profit domain, INPAS responds directly to unique sector characteristics such as restricted funding, grant commitments, volunteer contributions, social-value outcomes and multi-stakeholder assurance needs. Non-profit reporting is therefore expected to transition away from inconsistent classification practices, unverifiable impact statements and fragmented accounting treatments that currently limit comparability and weaken sector confidence.
Global conversations around impact measurement, trust restoration, funding transparency, donor confidence and public accountability continue to intensify. Development partners, auditors, regulators, philanthropies and funding institutions are increasingly demanding standard-consistent reporting that demonstrates responsible resource use, clear alignment between programs and expenditure, and enhanced traceability of outcomes. INPAS responds to this shift by aligning reporting with global accountability expectations, improving comparability, elevating the quality of disclosures and strengthening intelligence for resource allocation decisions.
With rising societal expectations, governance reforms, anti-corruption agendas and ESG-linked donor priorities, non-profit reporting can no longer be confined to traditional financial statements. The sector’s trust proposition depends on visibility into how funds translate into services and how actions generate real change. INPAS will therefore influence how NPOs record, classify, measure, present and narrate the way value is created and delivered. This transition, from narrow financial reporting to integrated program-performance reporting, is highly strategic: reporting becomes a driver of confidence, not merely a compliance exercise.
It is in response to this evolving context, and ahead of INPAS implementation, that the Institute of Certified Public Accountants of Kenya (ICPAK) is convening this training to equip preparers, reviewers and professionals with practical skills, contextual understanding and transition readiness, so that by the time formal adoption arrives, the sector will be informed, empowered and aligned for confident implementation.
The course is designed to cover the following topics:
The course is designed to cover the following topics:
1. INPAS Principles
a. Non-Profit Organizations
b. Concepts and pervasive principles
c. Narrative reporting
d. Fair value measurement
e. Foreign currency translation
2. Financial statements
a. Presentation and compliance
b. Statement of Financial Position
c. Statement of Income and Expenses
d. Statement of Changes in Net Assets
e. Statement of Cash Flows
f. Notes to the financial statements
g. Accounting policies, estimates and errors
h. Fund accounting
3. Revenue
4. Expenses and liabilities
a. Classification of expenses
b. Expenses on grants and donations
c. Fundraising costs
d. Employee benefits
e. Provisions and contingencies
f. Leases
g. Borrowing costs
h. Income tax
5. Non-financial assets
a. Inventories
b. Property, plant and equipment
c. Investment property
d. Intangible assets other than goodwill
e. Impairment of assets
f. Specialised activities
6. Financial assets and liabilities
a. Financial instruments
b. Liabilities and equity claims
7. Consolidation and reporting boundaries
a. Consolidated and separate financial statements
b. Investments in associates
c. Joint arrangements
d. Business combinations and goodwill
8. Restatements and additional information
a. Related party disclosures
b. Hyperinflation
c. Events after the end of the reporting period
d. Supplementary information
9. Transition to INPAS and regulatory requirements in Kenya
10. Current ICPAK Not for Profit Illustrative financial statements
Target Audience:
Target Audience:
This workshop will be useful to ICPAK Members ,Accountants, Auditors, Members of Boards NFP entities, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Not for Profit 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 workshop charges are Kes. 18,500. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
CPD Units
Members of ICPAK and other reciprocating professional bodies will earn 10 CPD points upon successfully attending the event.
Online Booking:
We call on Seminar participants to book online at www.icpak.com/events. 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.

INPAS Practical Course on Reporting for Non-Profit Organizations (NPOs) virtual option
2026-01-22 09:00 - 2026-01-23 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
INPAS Practical Course on Reporting for Non-Profit Organizations (NPOs)
Theme- Strengthening Financial Reporting for Transparency, Accountability & Donor Confidence
22nd – 23rd January 2026
Time: 09.00am-03.30pm
Venue – Virtual Delivery
Overview
Non-Profit Organizations (NPOs) occupy a unique space in society, delivering social impact and advancing development goals across sectors. Their operations rely heavily on funding from donors, grants, and other resources that require careful stewardship. Accurate, comprehensive, and transparent financial reporting is central to sustaining stakeholder confidence, demonstrating accountability, and ensuring compliance with statutory and donor requirements. However, NPOs often face challenges in financial reporting due to multiple funding sources, restricted and unrestricted funds, donor-specific requirements, and sector-specific accounting standards.
The International Non-Profit Accounting Standard (INPAS) represents one of the most significant modern developments in global financial reporting for the not-for-profit sector. As NPOs continue to play critical roles in advancing social, economic and human-development agendas, the need for consistent, comparable, transparent and decision-useful reporting has become more urgent. INPAS is intended to provide a globally coherent framework that enables non-profits to communicate performance, stewardship, accountability and impact using standardized accounting and disclosure principles. Its introduction seeks to resolve long-standing inconsistencies, especially where NPOs rely on improvised internal policies or apply for-profit standards that do not appropriately reflect mission-centric activities, donor restrictions, program delivery dynamics and resource deployment structures.
INPAS is not only a harmonization exercise; it provides clarity in key reporting areas such as recognition of resource inflows, the accounting treatment of donor-imposed conditions, attribution of expenditure to program portfolios, measurement of performance, narrative reporting and fund accountability. Unlike general-purpose accounting standards that were not written for the non-profit domain, INPAS responds directly to unique sector characteristics such as restricted funding, grant commitments, volunteer contributions, social-value outcomes and multi-stakeholder assurance needs. Non-profit reporting is therefore expected to transition away from inconsistent classification practices, unverifiable impact statements and fragmented accounting treatments that currently limit comparability and weaken sector confidence.
Global conversations around impact measurement, trust restoration, funding transparency, donor confidence and public accountability continue to intensify. Development partners, auditors, regulators, philanthropies and funding institutions are increasingly demanding standard-consistent reporting that demonstrates responsible resource use, clear alignment between programs and expenditure, and enhanced traceability of outcomes. INPAS responds to this shift by aligning reporting with global accountability expectations, improving comparability, elevating the quality of disclosures and strengthening intelligence for resource allocation decisions.
With rising societal expectations, governance reforms, anti-corruption agendas and ESG-linked donor priorities, non-profit reporting can no longer be confined to traditional financial statements. The sector’s trust proposition depends on visibility into how funds translate into services and how actions generate real change. INPAS will therefore influence how NPOs record, classify, measure, present and narrate the way value is created and delivered. This transition, from narrow financial reporting to integrated program-performance reporting, is highly strategic: reporting becomes a driver of confidence, not merely a compliance exercise.
It is in response to this evolving context, and ahead of INPAS implementation, that the Institute of Certified Public Accountants of Kenya (ICPAK) is convening this training to equip preparers, reviewers and professionals with practical skills, contextual understanding and transition readiness, so that by the time formal adoption arrives, the sector will be informed, empowered and aligned for confident implementation.
The course is designed to cover the following topics:
The course is designed to cover the following topics:
1. INPAS Principles
a. Non-Profit Organizations
b. Concepts and pervasive principles
c. Narrative reporting
d. Fair value measurement
e. Foreign currency translation
2. Financial statements
a. Presentation and compliance
b. Statement of Financial Position
c. Statement of Income and Expenses
d. Statement of Changes in Net Assets
e. Statement of Cash Flows
f. Notes to the financial statements
g. Accounting policies, estimates and errors
h. Fund accounting
3. Revenue
4. Expenses and liabilities
a. Classification of expenses
b. Expenses on grants and donations
c. Fundraising costs
d. Employee benefits
e. Provisions and contingencies
f. Leases
g. Borrowing costs
h. Income tax
5. Non-financial assets
a. Inventories
b. Property, plant and equipment
c. Investment property
d. Intangible assets other than goodwill
e. Impairment of assets
f. Specialised activities
6. Financial assets and liabilities
a. Financial instruments
b. Liabilities and equity claims
7. Consolidation and reporting boundaries
a. Consolidated and separate financial statements
b. Investments in associates
c. Joint arrangements
d. Business combinations and goodwill
8. Restatements and additional information
a. Related party disclosures
b. Hyperinflation
c. Events after the end of the reporting period
d. Supplementary information
9. Transition to INPAS and regulatory requirements in Kenya
10. Current ICPAK Not for Profit Illustrative financial statements
Target Audience:
Target Audience:
This workshop will be useful to ICPAK Members ,Accountants, Auditors, Members of Boards NFP entities, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Not for Profit 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 workshop charges are Kes. 18,500. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
CPD Units
Members of ICPAK and other reciprocating professional bodies will earn 10 CPD points upon successfully attending the event.
Online Booking:
We call on Seminar participants to book online at www.icpak.com/events. 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.

ICPAK/KRA VIRTUAL SENSITIZATION FORUM 2026
2026-01-22 16:00 - 18:00 | Online
ICPAK/KRA VIRTUAL SENSITIZATION FORUM ON THE UNDERSTANDING THE INCOME TAX RETURNS VALIDATIONS & TAX FILING FOR 2026
The Institute in partnership with the Kenya Revenue Authority (KRA), is pleased to invite you to a virtual sensitization forum on the Understanding the Income Tax Returns Validations and Income tax filing for 2025 , scheduled for Thursday, 22nd January 2026, from 4:00 PM to 6:00 PM.

Data Protection and Privacy Webinar
2026-01-26 15:00 - 17:00 | Online, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Data Protection and Privacy Webinar
Date: 26th January 2026
Time: 3.00pm-5.00pm
Delivery Mode: Virtual

Overview
Target Audience
This webinar will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending each of the sessions.
Cost:
The webinar will be free of charge.
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 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.

Personal Branding and Leadership Webinar
2026-01-27 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Personal Branding and Leadership Webinar
Date: 27th January 2026
Time: 4:00 PM – 6:00 PM
Delivery Mode: Virtual
Overview
Personal branding is the intentional process of shaping how others perceive you, both professionally and personally. It goes beyond a polished resume or social media profile; it encompasses your values, expertise, communication style, and the consistent narrative you project in every interaction. In today’s interconnected world, where reputations can be built or dismantled rapidly online, a strong personal brand acts as a compass, guiding decisions and attracting opportunities aligned with your authentic self. For leaders, personal branding is not about self-promotion alone but about establishing trust and credibility that inspires others to follow.
Effective leadership and personal branding are deeply intertwined. A leader’s brand reflects their vision, integrity, and ability to deliver results, serving as a signal to teams, stakeholders, and peers. When leaders articulate a clear personal brand—such as being innovative, empathetic, or decisive—they create a framework that others can understand and rally behind. This clarity reduces ambiguity in decision-making and fosters alignment within organizations. Without a deliberate brand, leaders risk being defined by others’ assumptions, which may not accurately represent their strengths or intentions.
Authenticity is the cornerstone of sustainable personal branding in leadership. Audiences quickly detect inauthenticity, leading to eroded trust. Great leaders build their brands around genuine strengths and values rather than fabricating an idealized image. For instance, vulnerability in admitting mistakes or sharing personal growth stories can humanize a leader, making them more relatable and approachable. This authentic approach not only strengthens the leader’s brand but also models behaviour that encourages openness and resilience in their teams.
Consistency amplifies the impact of a personal brand. Leaders must ensure their actions, words, and online presence align across contexts—whether in boardrooms, public speeches, or casual conversations. Inconsistencies, such as preaching collaboration while hoarding information, undermine credibility faster than any external criticism. Over time, consistent reinforcement of core messages—through storytelling, visual identity, and repeated behaviours—solidifies the brand in others’ minds, turning perception into a reliable asset.
Personal branding also empowers leaders to navigate challenges and transitions. In times of crisis, a well-established brand built on transparency and competence provides a buffer of goodwill. Similarly, when pursuing new roles or expanding influence, a strong brand precedes the leader, opening doors through referrals and recognition. Leaders who invest in their brand proactively position themselves as thought leaders, attracting talent, partnerships, and opportunities that align with their goals.
Ultimately, personal branding in leadership is a strategic tool for amplifying impact. It transforms individual reputation into a force that elevates teams, organizations, and industries. By thoughtfully crafting and maintaining their brand, leaders not only advance their own careers but also inspire others to develop their unique voices. In an era where influence often stems from perception as much as performance, mastering personal branding remains a critical leadership competency. Join us for this webinar to get more insights on how to build your strong personal brand in a leadership space.
Target Audience:
All professionals from different spheres
CPD Units:
Members who attend the webinar in full will earn 2 Structured CPD Units.
Financial Commitment:
The Webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority (formerly Department of Industrial Training -DIT). 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 ).
For more information or enquiries please call 0719074100 or email to marketing@icpak.com.

Audit Quality Assurance Workshop-Mandatory Training
2026-01-28 09:00 - 2026-04-30 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Quality Assurance Workshop (Mandatory Training)
Date: 28th – 29th January 2026
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
High quality audits are essential for strengthening governance, enhancing accountability, safeguarding resources, and ensuring compliance with established standards and regulations. In an evolving regulatory environment characterized by increasing stakeholder expectations, heightened scrutiny, and rapid changes in audit methodologies organizations must continuously improve their audit practices.
However, many audit units face challenges such as inconsistent application of standards, inadequate review mechanisms, limited exposure to emerging audit trends, and gaps in documentation and evidence-gathering practices. These issues may compromise the credibility, reliability, and value of audit reports.
To address these gaps, a two day Audit Quality Assurance Workshop is proposed. The workshop aims to build the capacity of auditors, audit supervisors, and managers to apply quality assurance principles, adopt best practices, and enhance the overall effectiveness of the audit function.
The following topics will be covered:

Firm-Level Quality Management Systems (ISQM 1 & 2)

Practical implementation of Quality Management Systems at the firm and engagement partner level, focusing on leadership responsibility, engagement quality reviews, monitoring, and continuous improvement.

Engagement Level Quality- ISA 220 (Revised)

The engagement partner and engagement team’s responsibilities for quality management for an audit of financial statements.

ICPAK, AQA reviews findings and remedial actions.

Regulatory Expectations, Inspections & Practice Review Readiness, Preparing practitioners for ICPAK and external regulator inspections through proactive quality controls, common inspection findings, remediation strategies, and sustainable compliance approaches.

IESBA on quality considerations: high-quality service delivery

International Code of Ethics for Professional Accountants
International Ethics Standards for Sustainability Assurance (IESSA).
The IESBA’s focus on quality management key areas: Fundamental Principles, Integrity, Objectivity, Professional Competence and Due Care, Confidentiality, Professional Behavior

PAFA initiatives on quality management

Promoting International Standards
Developing Guidance and Tools
Capacity Building and Support
Establishing Forums and Advisory Groups
Partnerships and Collaboration
Enhancing Public Sector Quality
6. Application of ISA 230, 580, 560, 570 i.e documentation and Audit evidence.
7.Application of ISA 260 and 265 communication during audit.
8. Application of ISA 315 Identifying and Assessing the risk of material misstatement through understanding the entity and its environment.

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
 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
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 10,000/= 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.

Reporting on IPSAS Accrual-Practical Course
2026-01-29 09:00 - 2026-01-30 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Reporting on IPSAS Accrual Practical Course
Date: 29th – 30th January 2026
Time: 9.00-15.30
Venue: ICPAK Auditorium
Theme: Transitioning from Cash to Accrual Reporting under IPSAS
Overview
Public sector entities globally are increasingly transitioning from cash-basis accounting to International Public Sector Accounting Standards (IPSAS) Accrual basis to improve transparency, accountability, and comparability of financial information. For instance the Kenyan cabinet in March 2024 approved the transition from cash basis of accounting to accrual basis of accounting with effect from 1st July 2024. The accrual basis of accounting, as outlined by IPSAS, provides a more accurate picture of a government’s financial position and performance by recognizing transactions when they occur, rather than when cash is received or paid.
This move is necessitated by the short-coming of cash basis of accounting with its attendant weaknesses arising from the point of view o financial transparency, integrity and accountability. Governments that follow cash basis of accounting tend not to maintain comprehensive and up-to date records of the value of their assets and liabilities.
The enabling factors of accrual accounting in the public sector include and is not limited to: growing recognition of the limits of pure cash basis of accounting; the development of accrual based international standards for government fiscal and financial reporting including government Finance statistics manual (GFSM) and International Public Sector Accounting Standards (IPSAS); the professionalization of the government accounting cadre and resulting introduction of private sector techniques into the public sector and the advent of computerized financial management information system (FMISs) which greatly reduce the transaction costs of collecting and consolidating accrual-based information. While many organizations have adopted IPSAS in principle, practical challenges remain in compiling, analyzing, and reporting accrual-based financial statements.
These organizations, often require hands on training to ensure they can correctly apply IPSAS requirements, prepare compliant financial statements, and understand the implications of accrual adjustments and disclosures. This two day practical course is designed to address these gaps by equipping participants with the knowledge and tools needed for accurate IPSAS-compliant reporting.
The following topics will be covered:
Foundations and Practical Application of IPSAS Accrual

Overview of IPSAS and the conceptual framework
Key differences between cash basis and accrual basis reporting
Recognition and measurement principles
Practical sessions on:

Property, plant, and equipment (IPSAS 17)
Intangible assets (IPSAS 31)

Revenue from exchange and non-exchange transactions (IPSAS 9 & 23)

Employee benefits (IPSAS 39)

Preparing IPSAS Compliant Financial Statements

Accrual adjustments and closing processes
Preparing primary financial statements:

Statement of Financial Performance
Statement of Financial Position

Cash Flow Statement (IPSAS 2)

Statement of Changes in Net Assets/Equity
Notes and disclosures requirements
Consolidated financial statements (IPSAS 35–38)

Practical exercise: Full preparation of an IPSAS-compliant set of financial statements.
Common challenges, best practices, and implementation strategies

TARGET AUDIENCE:
This webinar will be useful to professional Accountants and those aspiring to join the profession but more specifically:

Public sector accountants and finance officers.
Government auditors.

Public finance management professionals.

Internal auditors and financial controllers.
Managers and decision-makers in public institutions who are responsible for financial oversight.

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 CPD Units upon successfully attending the 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.

Reporting on IPSAS Accrual-Practical Course (virtual option)
2026-01-29 09:00 - 2026-01-30 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Reporting on IPSAS Accrual Practical Course
Date: 29th – 30th January 2026
Time: 9.00-15.30
Venue: Virtual Delivery
Theme: Transitioning from Cash to Accrual Reporting under IPSAS
Overview
Public sector entities globally are increasingly transitioning from cash-basis accounting to International Public Sector Accounting Standards (IPSAS) Accrual basis to improve transparency, accountability, and comparability of financial information. For instance the Kenyan cabinet in March 2024 approved the transition from cash basis of accounting to accrual basis of accounting with effect from 1st July 2024. The accrual basis of accounting, as outlined by IPSAS, provides a more accurate picture of a government’s financial position and performance by recognizing transactions when they occur, rather than when cash is received or paid.
This move is necessitated by the short-coming of cash basis of accounting with its attendant weaknesses arising from the point of view o financial transparency, integrity and accountability. Governments that follow cash basis of accounting tend not to maintain comprehensive and up-to date records of the value of their assets and liabilities.
The enabling factors of accrual accounting in the public sector include and is not limited to: growing recognition of the limits of pure cash basis of accounting; the development of accrual based international standards for government fiscal and financial reporting including government Finance statistics manual (GFSM) and International Public Sector Accounting Standards (IPSAS); the professionalization of the government accounting cadre and resulting introduction of private sector techniques into the public sector and the advent of computerized financial management information system (FMISs) which greatly reduce the transaction costs of collecting and consolidating accrual-based information. While many organizations have adopted IPSAS in principle, practical challenges remain in compiling, analyzing, and reporting accrual-based financial statements.
These organizations, often require hands on training to ensure they can correctly apply IPSAS requirements, prepare compliant financial statements, and understand the implications of accrual adjustments and disclosures. This two day practical course is designed to address these gaps by equipping participants with the knowledge and tools needed for accurate IPSAS-compliant reporting.
The following topics will be covered:
Foundations and Practical Application of IPSAS Accrual

Overview of IPSAS and the conceptual framework
Key differences between cash basis and accrual basis reporting
Recognition and measurement principles
Practical sessions on:

Property, plant, and equipment (IPSAS 17)
Intangible assets (IPSAS 31)

Revenue from exchange and non-exchange transactions (IPSAS 9 & 23)

Employee benefits (IPSAS 39)

Preparing IPSAS Compliant Financial Statements

Accrual adjustments and closing processes
Preparing primary financial statements:

Statement of Financial Performance
Statement of Financial Position

Cash Flow Statement (IPSAS 2)

Statement of Changes in Net Assets/Equity
Notes and disclosures requirements
Consolidated financial statements (IPSAS 35–38)

Practical exercise: Full preparation of an IPSAS-compliant set of financial statements.
Common challenges, best practices, and implementation strategies

TARGET AUDIENCE:
This webinar will be useful to professional Accountants and those aspiring to join the profession but more specifically:

Public sector accountants and finance officers.
Government auditors.

Public finance management professionals.

Internal auditors and financial controllers.
Managers and decision-makers in public institutions who are responsible for financial oversight.

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 CPD Units upon successfully attending the 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.

ISA 200- Quality Management for an Audit of Financial Statements webinar
2026-02-03 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA 200- Quality Management for an Audit of Financial Statements
Date: 3rd February 2026
Time: 4:00- 6:00PM
Mode of Delivery: Virtual
Overview
Ensuring high-quality audit engagements is at the core of underpinning public confidence in financial reporting and maintaining the integrity of the capital markets. ISA 200 presents the basic principles and related responsibilities underlying the auditor’s role when conducting an audit of financial statements in accordance with International Standards on Auditing. As the business world becomes more dynamic, regulated, and increasingly scrutinized by various stakeholders, audit quality is of growing interest to practitioners, audit firms, and oversight bodies alike. The objective of this webinar is to enhance participants’ understanding of ISA 200 and how it can be practically applied to enhance quality management processes, which are integral to an effective audit.
The session will discuss how ISA 200 establishes the overall objectives of the independent auditor and sets out the essential requirements that underpin the performance of a high-quality audit. Attention will be drawn to the auditor’s responsibilities relating to professional skepticism, ethical compliance, risk assessment, and the application of sound professional judgement. Finally, the discussion will explore how ISA 200 interfaces with broader quality management standards, including the role of firm-level systems designed to support consistent performance of quality audits. There will also be practical insights to show how auditors can strengthen documentation, manage engagement risk, and ensure compliance in an increasingly complex financial reporting environment.
By convening practitioners, audit managers, and finance professionals, the webinar seeks to further equip participants with state-of-the-art perspectives on the maintenance of audit quality and enhancing the reliability of financial statements. The session will also be a platform for sharing emerging challenges encountered in practice and discussing best practices that encourage rigorous, efficient, and compliant audit engagements. This webinar has been specifically designed to reinforce the critical role that ISA 200 plays in maintaining public trust and supporting the credibility of the profession.
Topics to Be Discussed

Overview and Objectives of ISA 200
Responsibilities of the Auditor under ISA 200
Professional Judgement and Professional Skepticism
Ethical Requirements and Independence Considerations
Understanding Audit Risk and Materiality
Linkage Between ISA 200 and Firm-Level Quality Management Standards
Documentation Requirements and Common Gaps in Practice
Enhancing Audit Quality in Complex and Evolving Reporting Environments
Practical Challenges and Best Practices for Implementation

Target Audience
Private and Public Audit Practitioners
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the virtual webinar.
Financial Commitment
The symposium charges are Kshs 1,000 Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
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 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.
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 with a copy to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

IFRS for SMEs (Third Edition) webinar
2026-02-05 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS for SMEs (Third Edition)
Date: 5th February 2025
Time: 4:00 PM – 6:00 PM
Mode of Delivery: Virtual
Overview
The IFRS for SMEs Accounting Standard (Third Edition) was released by the International Accounting Standards Board (IASB) in 2024 and is effective for annual reporting periods beginning on or after 1 January 2027 with early application permitted. This revision represents the most substantial overhaul of the Standard since its inception, incorporating updated principles from full IFRS and addressing the evolving reporting needs of small and medium-sized entities. Because SMEs form a significant share of Kenya’s economic fabric, supporting more than 40 percent of the country’s GDP and employing the majority of the workforce, it is essential that professional accountants fully understand the implications of these changes for financial reporting, audit, and advisory work.
The webinar seeks to enhance members’ technical capacity by providing an in-depth exploration of the key changes in the Third Edition. Participants will be introduced to updates related to revenue recognition, financial instruments, the expected credit loss model, and refinements in measurement, presentation, and disclosure requirements. The session will also explain why the IASB undertook the revision, how the new edition aligns with full IFRS standards, and what this means for both preparers and auditors serving SME clients. Special attention will be given to Kenya’s unique environment, including the practical challenges SMPs and SMEs are likely to face as the new Standard comes into effect.
Through this event, ICPAK aims to help members understand not only what has changed, but why it matters. The webinar will unpack transition requirements and highlight the implications for compliance, audit work, documentation, and quality control. Members will also have the opportunity to engage experts through a dedicated question-and-answer session, enabling them to clarify technical issues and discuss practical implementation concerns.
By the end of the webinar, participants are expected to have strengthened their understanding of the Standard’s conceptual foundations and improved their ability to apply the updated requirements in real-world reporting scenarios. The session will contribute to more consistent, transparent, and decision-useful SME financial statements, thereby promoting public confidence in the profession. It will also support practitioners in navigating audit implications, advising SME clients on transition, and identifying opportunities to enhance compliance and reporting quality.
Overall, this webinar will reinforce ICPAK’s commitment to strengthening professional competence and contributing to the successful national adoption and implementation of the IFRS for SMEs (Third Edition), ensuring that Kenyan accountants remain aligned with global reporting developments and best practice.
Target Audience
This webinar will be useful to all professional Accountants.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the webinar.
Financial Commitment
The webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
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 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.
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, (+254) 733 856262 or via email to marketing@icpak.com

International Standard on Assurance Engagements- ISAE 3000 (Revised) webinar
2026-02-10 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
International Standard on Assurance Engagements- ISAE 3000 (Revised)
DATE: 10th February 2026
TIME: 4:00pm–6:00pm
Mode Of Delivery: Virtual
Overview
As the demand for assurance in areas such as sustainability reporting, internal control evaluations, compliance reviews, information systems, and risk management continues to grow, ISAE 3000 (Revised) has become an increasingly critical standard in both practice and industry. It provides the foundational principles and procedures for assurance engagements that do not involve audits or reviews of historical financial information, making it essential for practitioners seeking to meet evolving stakeholder expectations in an environment of heightened transparency and accountability.
The webinar is intended to help members deepen their understanding of the Standard’s core requirements, including ethical considerations, quality management, risk assessment, evidence gathering, documentation, and assurance reporting. As Kenya and the broader global profession move toward expanded assurance especially in sustainability (including IFRS S1 and S2 assurance), ESG disclosures, donor-funded projects, regulatory compliance engagements, and assurance over internal processes, ISAE 3000 (Revised) is increasingly becoming the benchmark for credibility in non-financial assurance work.
Through this session, ICPAK will provide participants with a practitioner-focused exploration of the Standard. The webinar will explain the distinctions between limited and reasonable assurance, clarify the practical implications of the revised quality management requirements, and demonstrate how ISAE 3000 (Revised) interacts with subject-matter specific standards such as ISSA 5000 (Greenhouse Gas Statements), ISAE 3420 (Assurance on Pro Forma Information), and the emerging sustainability assurance frameworks. Case examples will illustrate how the Standard applies in real practice scenarios, including engagements common in Kenya such as fund accountability statements, performance audits, procurement compliance, and sustainability reporting assurance.
Participants will gain a clear understanding of how to plan, perform, and report on an ISAE 3000 (Revised) engagement while maintaining professional skepticism, complying with ethical requirements, and ensuring robust documentation. The session will also highlight common pitfalls encountered by practitioners, including issues related to obtaining suitable criteria, identifying risks of misstatement in non-financial information, agreeing the scope of work, and managing client expectations regarding the level of assurance provided.
Overall, this webinar aligns with ICPAK’s commitment to advancing professional excellence and supporting its members as the scope of the assurance profession expands. By strengthening understanding of ISAE 3000 (Revised), the Institute will contribute to improved quality, consistency, and credibility in Kenya’s non-financial assurance landscape, positioning members to seize emerging opportunities in sustainability, governance, compliance, and risk assurance.
Target Audience
This webinar will be useful to all professional Accountants.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the webinar.
Financial Commitment
The webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
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 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.
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

Tax Principles & Compliance Workshop-Mandatory Training
2026-02-11 09:00 - 2026-05-31 15:30 | Virtual Delivery
THE INSTI TUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Tax Principles & Compliance Workshop (Mandatory Training)
Theme: Mastering Tax Fundamentals for Professional Practice, Compliance & Strategic Advisory
Date: 11th – 12th February 2026
Time: 09.00am-03.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
Taxation is a cornerstone of organizational governance, compliance, and strategic planning. Beyond generating revenue for governments, it significantly influences corporate strategy, financial management, and long-term sustainability. Today’s tax environment is increasingly complex, with rapid legislative changes, heightened regulatory scrutiny, digitalization of tax administration, and international tax reforms challenging professionals to ensure compliance while optimizing tax positions.
The modern tax landscape in Kenya and globally presents multifaceted challenges. Finance professionals must navigate corporate income tax, VAT, excise duties, PAYE, transfer pricing, digital taxation, and emerging compliance requirements. Non-compliance exposes organizations to financial penalties, reputational risks, and operational disruption. Accountants, tax practitioners, auditors, and finance managers therefore play a critical role in safeguarding compliance, advising on strategic tax planning, and supporting overall organizational decision-making.
The Tax Principles & Compliance Workshop has been designed to equip participants with practical knowledge, technical skills, and actionable insights for effective tax management. Through a combination of technical instruction, interactive exercises, real-world scenarios, and practical case studies, participants will explore key aspects of domestic taxation, corporate and personal tax obligations, indirect taxes, tax audits, dispute resolution, and ethical tax practice. The workshop also introduces participants to digital tax tools, emerging trends, and strategic considerations in integrating tax functions with organizational objectives.
The program emphasizes the accountant’s role as a strategic partner, ensuring that taxation aligns with corporate governance, compliance, and long-term planning. Participants will gain practical insights into best practices for filing, reporting, audit preparation, dispute management, and leveraging technology to enhance efficiency and accuracy. The course also reinforces ethical standards and professional responsibility in tax practice, supporting transparency, accountability, and stakeholder confidence.
In this regard, 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 Tax Champions, capable of influencing governance, strategic decision-making, and enterprise tax management at all levels. By the end of this two-day program, participants will be prepared to manage complex tax issues, ensure compliance with Kenyan tax laws, implement practical strategies, and contribute to organizational efficiency, transparency, and value creation.
The workshop is designed to cover the following topics:
Participants will be able to benefit from the following upon successful completion:

Strengthen knowledge of evolving tax reforms: Enhance understanding of global and regional tax developments such as OECD BEPS and digital taxation and their relevance to Kenya and other developing economies.
Understand domestic tax policy impacts: Examine the effects of recent tax law changes on individuals, businesses, and public finance sustainability in Kenya. Tax Administration- Emerging issues, Controversies & Complexities
Tax Dispute resolution in Kenya understanding the Litigation process – Select Case Law Reviews
Promote Ethical and Professional Standards: Uphold integrity in tax practice by reinforcing ethical conduct in engagements with clients, revenue authorities, and institutions.
Enhance Cross-Border Tax & Trade Competence: Develop capacity in managing transfer pricing and international tax matters related to business expansion and globalization.6Practical Knowledge for Tax
Professionals in a Digital Age

Topics to be covered include: –

Ethical standards and professionalism in tax practice -Code of conduct requirements
Tax Dispute resolution
Changes in tax requirements – Overview of the Tax Laws and recent amendments
Overview of Cross-border trade and international compliance and requirements
VAT Act and compliance with recent changes
e-TIMS real-time reporting (RTR) and compliance obligations and Technological advancements on tax compliance

Target Audience:
This training is one of the mandatory training courses for Practicing Certificate consideration. This webinar will be useful to professionals in the finance and accounting sector with bias on tax professionals and specifically: Tax Practitioners, Tax Experts, Chief Finance Officers, Finance Directors and Managers, Transaction Advisors, Financial Analysts, Accountants & Auditors, Financial Controllers, Credit Managers
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be Kes 10,000.
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.

THE IPSAS ACCRUAL WORKSHOP 2026 with National Treasury and PSASB
2026-02-16 09:00 - 2026-02-20 15:30 | Sawela Lodge, Naivasha, 00100, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE IPSAS ACCRUAL WORKSHOP 2026 with National Treasury and PSAB
DATE: 16th to 20th February 2026
TIME: 9:00 AM – 3:30 PM
VENUE: Sawela Lodge, Naivasha
Theme: IPSAS Accrual Reporting: Lessons, Challenges, and Practical Improvements after the First Year
OVERVIEW
Over the past several years, many public sector entities have undertaken significant public financial management reforms aimed at enhancing transparency, accountability, and comparability of financial information. A central pillar of these reforms has been the transition from cash or modified cash accounting frameworks to International Public Sector Accounting Standards (IPSAS) on an accrual basis.
Recently, a large number of entities have successfully completed their first full year of IPSAS Accrual financial reporting. This milestone represents a major institutional achievement, reflecting extensive efforts in policy development, systems configuration, data migration, asset verification, staff training, and change management. However, international experience and local practice consistently demonstrate that the first year of accrual reporting is primarily a learning and stabilization phase, rather than a point of full technical maturity.
During first-year implementation, preparers often focus on meeting statutory deadlines and achieving basic compliance, sometimes at the expense of depth, consistency, and optimal application of professional judgment. As a result, first-year IPSAS Accrual financial statements frequently exhibit common challenges, including:

Incomplete or unreliable opening balances
Inconsistent application of recognition and measurement principles
Weak linkage between accounting policies and actual transactions
Over-reliance on transitional exemptions and pragmatic shortcuts
Disclosure gaps and boilerplate notes that do not fully explain financial position or performance
Recurrent audit queries and qualifications linked to valuation, consolidation, and revenue recognition

Furthermore, the transition to IPSAS Accrual significantly expands the scope and complexity of financial reporting. Preparers are required to account for assets, liabilities, provisions, non-exchange transactions, and financial instruments that were previously unrecognized or only partially disclosed. This shift places heavy demands on professional judgment, interdepartmental coordination, and the quality of underlying data, areas that typically remain underdeveloped in the first reporting cycle.
At the same time, expectations from auditors, oversight institutions, development partners, and the public increase sharply after the first year. Stakeholders anticipate not just technical compliance, but demonstrable improvement in the credibility, consistency, and decision-usefulness of financial statements. Preparers are therefore under pressure to move beyond “first-time adoption mode” and begin embedding IPSAS Accrual into routine financial management processes.
Against this backdrop, there is a clear need for a post–first-year, practice-focused capacity-building intervention. Rather than reintroducing IPSAS from first principles, this course is intentionally designed to help preparers:

Reflect critically on their first-year reporting experience
Diagnose recurring weaknesses and root causes
Address audit findings and strengthen documentation
Improve judgments, estimates, and disclosures
Build confidence for second-year and subsequent reporting cycles

This course recognizes that high-quality IPSAS Accrual reporting is achieved progressively, through iterative learning, peer exchange, and continuous improvement. By anchoring the training on real challenges encountered in the first year of reporting, the course supports public sector entities in transitioning from initial compliance to robust, sustainable, and value-enhancing accrual-based financial reporting.
Topics to be covered will include:

DAY
MODULE
TOPICS

DAY 1
Reflections on the First Year of IPSAS Accrual Implementation
· Objectives of IPSAS Accrual adoption
· Common first-year implementation challenges
· Key lessons learned from preparers’ experiences
· Expectations of auditors and oversight bodies post–Year One

Property, Plant and Equipment (IPSAS 45), Intangible Assets (IPSAS 31) and Heritage Assets – Post-Recognition Challenges
· Asset verification and reconciliation issues
· Valuation challenges encountered in Year One
· Identification and recognition challenges
· Componentization and depreciation errors
· Practical improvement strategies

Revenue (IPSAS 47) – Revenue Recognition Issues
· Grants, transfers, and donor-funded projects
· Conditions vs restrictions – common misinterpretations
· Timing of revenue recognition

DAY 2
Financial Instruments and Payables/Receivables
· Classification and measurement challenges
· Impairment of receivables
· Practical simplifications applied in Year One

Provisions, Contingent Liabilities, and Commitments (IPSAS 19)
· Recognition thresholds and disclosure gaps
· Common omissions in first-year financial statements
· Strengthening legal and contractual assessments

Financial Statement Presentation and Disclosures
· Improving notes to the financial statements
· Addressing audit observations from Year One
· Enhancing clarity, consistency, and transparency

DAY 3
IFMIS Re-engineering & SCOA
· Rationale for IFMIS re-engineering in an IPSAS Accrual environment
· Limitations of legacy IFMIS setups designed for cash or modified cash accounting
· Key accrual concepts that place pressure on IFMIS (assets, liabilities, depreciation, provisions, receivables, payables)
· Overview of SCOA objectives and structure in supporting accrual-based reporting
· Mapping SCOA segments to IPSAS financial statement line items
· Common SCOA-related issues identified during first-year IPSAS Accrual reporting
· System-driven errors versus technical accounting errors: how to distinguish them
· Manual workarounds used in Year One and their risks (spreadsheets, off-system journals)
· Role of IFMIS in improving data integrity, audit trails, and consistency
· Practical collaboration between preparers, IFMIS units, ICT teams, and central agencies
· Using IFMIS reports more effectively to support IPSAS disclosures
· Linking budget, programs, and financial statements through SCOA
· Typical audit observations arising from IFMIS and SCOA misalignment
· Preparers’ role in providing feedback to IFMIS re-engineering initiatives
· Preparing for Year Two: priorities for system stabilization and improvement

DAY 4
Inventory (IPSAS 12)

Scope and Key Definitions
Recognition of Inventory
Measurement of Inventory
Inventory Valuation Challenges Encountered in Year One
Inventory Control and Verification
Presentation and Disclosure Requirements
Practical Improvements for Year Two and Beyond

Leases (IPSAS 43)

Purpose and scope of IPSAS 43 in the public sector
Identifying a lease within a contract (lease vs service)
Right-of-use (ROU) asset and lease liability – why they matter
Recognition criteria and common first-year misclassifications
Determining the lease term, including renewal options
Initial measurement of:

ROU asset
Lease liability

Discount rate challenges in the public sector
Treatment of short-term and low-value leases
Subsequent accounting:

Depreciation of ROU assets
Interest and remeasurement of lease liabilities

Public sector–specific lease issues (land, buildings, vehicles, ICT)
Typical audit findings after first-year IPSAS Accrual reporting
Key disclosures and presentation requirements

TARGET AUDIENCE
This training will be useful to professional Accountants and professionals from the Public Sector.
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 virtual symposium.
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

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 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.
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 8th BOARD AUDIT COMMITTEE MASTERCLASS
2026-02-16 09:00 - 2026-02-20 15:30 | Sarova Whitesands Beach Resort and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
THE 8th BOARD AUDIT COMMITTEE MASTERCLASS
Theme: Transforming Audit Committees into Engines of Organizational Transformation
Date: 16th -20thFebruary 2026
Time: 09.00am-03.30pm
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
OVERVIEW
The corporate landscape is undergoing its most profound transformation yet. Regulatory expectations are tightening, stakeholders are demanding greater transparency, technology is reshaping business models, and economic uncertainty is testing organizational endurance. In the midst of these shifts, one governance organ has become indispensable to organizational stability and strategic foresight—the Audit Committee. Its mandate has expanded far beyond reviewing financial statements; it now plays a decisive role in safeguarding institutional integrity, strengthening risk culture, and anchoring long-term resilience.
Yet, even with their growing prominence, the performance of Audit Committees in Kenya remains mixed. Many committees continue to grapple with limited independence, insufficient technical support, and mandates that are not fully aligned to the realities of modern governance. These gaps constrain their ability to deliver high-impact oversight. A truly effective Audit Committee must be grounded in strong leadership, deep governance insight, and a firm grasp of the assurance ecosystem spanning internal audit, external audit, risk management, and compliance.
Expectations placed on Audit Committees today are higher than ever. Beyond reviewing compliance, committees are now expected to be forward-looking advisors—providing strategic guidance, anticipating emerging threats, reinforcing internal controls, and cultivating ethical and accountable cultures. Achieving this shift requires members who are agile, analytically strong, and well-versed in the transformative potential of data, technology, and modern assurance practices. Only then can they identify vulnerabilities early, navigate disruptions with confidence, and support management in building sustainable financial and operational systems.
To remain influential and future-ready, Audit Committees must embrace agility and continuous development. This involves staying current with governance trends, undertaking regular charter reviews, carrying out committee performance assessments, and strengthening teamwork and collegiality. Committees must also invest deliberately in member development to sharpen oversight capabilities. These elements are essential to repositioning Audit Committees as proactive engines of organizational resilience—committees that do not simply observe risk but actively shape the institution’s capacity to withstand and thrive through uncertainty.
A future-ready Audit Committee requires mastery of critical domains such as risk governance, internal audit effectiveness, compliance oversight, cybersecurity readiness, ESG accountability, and performance monitoring. Strengthening these competencies transforms Audit Committees into influential strategic partners who inspire trust, drive value, and guide organizations with steadiness through shifting economic and technological landscapes.
To support this transformation, ICPAK presents the 7th Audit Committee Masterclass—a five-day intensive program designed to elevate the impact of Audit Committees in Kenya. With a blend of case-based learning, expert-led discussions, and practical governance insights, the Masterclass will unpack what works, what fails, and what must evolve for effective oversight. Participants will explore audit strategy, risk oversight, assurance coordination, boardroom dynamics, and emerging issues shaping today’s audit environment. The program also offers rich opportunities for peer learning and networking across public and private sectors, fostering collaboration and shared excellence.
LEARNING OBJECTIVES:
This program is divided into the following five modules covering the various aspects of Audit Committee Competence:

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

DAY 1
A. The evolving role of the Audit Committee
1. Understanding the modern governance environment
2. Redefining the audit committee mandate
3. Strengthening independence, structure and board level influence

· The shifting governance landscape: global, regional, and Kenyan context
· Expanding roles and expectations of Audit Committees in modern organizations
· Understanding independence: structural, operational, and behavioural independence
· Strengthening the relationship between the Audit Committee, Board, CEO, and Internal Audit
· Governance failures and lessons for Audit Committees
· How Audit Committees drive ethical culture and institutional integrity

DAY 2
B. Risk governance & resilience building
1. Role of Audit Committee in enterprise risk oversight
2. Emerging risks: technology, cybersecurity and geopolitical trends and ESG
3. Building a strong organizational risk culture

· Enterprise Risk Management (ERM): role of the Audit Committee
· Identifying, assessing, and prioritizing emerging risks
· Oversight of cybersecurity and digital transformation risks
· Understanding ESG-related risks (environmental, social, governance)
· Strengthening risk culture across the organization
· Crisis preparedness and response: Audit Committee’s role in resilience planning

DAY 3
C. Strengthening internal audit & assurance functions
1. Enhancing internal audit effectiveness
2. Coordinating internal audit, external audit and compliance
3. Reviewing audit strategies, work plans and reports

· Evaluating the adequacy and independence of the Internal Audit function
· Reviewing internal audit plans, resources, and capability needs
· Monitoring effectiveness of external audit and auditor independence
· Aligning internal audit, external audit, and compliance for coherent assurance
· Understanding audit quality indicators and improving reporting outcomes
· Oversight of investigations, whistleblowing, and ethical breaches

DAY 4
D. Technology, Data & modern oversight practices
1. Leveraging data analytics for better oversight
2. Cybersecurity and digital transformation risks
3. ESG, ethics and compliance expectations for Audit Committees

· Using data analytics to strengthen audit oversight
· Oversight of automation, AI, and digital transformation initiatives
· Protecting organizational assets in a cyber-risk environment
· Modernizing internal control systems with technology
· Audit Committee’s role in ESG reporting and sustainability assurance
· Ensuring compliance with new regulatory and industry standards

DAY 5
E. Future – Proofing your Audit committee and moving forward
1. Building a future-ready and high performing Audit Committee

1. Building a high-impact, future-ready Audit Committee

Target Audience:
Audit Committee Members, Chairpersons of Audit Committees, Chief Internal Auditors, Chief Audit Executives, Internal Auditors, CEOs, Senior Management, Aspiring Audit Committee Members, Members of Board of Directors of corporations, Business Owners and Entrepreneurs,
Your investment:
This Master Class 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 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)

Sustainability Assurance webinar
2026-02-17 16:00 - 18:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Assurance webinar
Date: 17th February 2026
Time: 4:00- 6:00PM
Venue: Virtual
Overview:
Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units
Members of ICPAK and those from other reciprocating professional bodies will earn 2 CPD units upon successfully attending all conference sessions.
Financial Commitment:

Category
Virtual

Associate Members
Kes. 1,000

Full Members
Kes. 1,000

Non-Member
Kes. 1,000

Online Booking:
We call on seminar participants to note that booking is available only online at www.icpak.com/events. 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 +254 719 074 100, or via email

The 34th Economic Symposium (physical option)
2026-02-18 09:00 - 2026-02-20 15:30 | Safari Park Hotel & Casino, Thika Road, Nairobi
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
HYBRID THE 34th ECONOMIC SYMPOSIUM
Theme: Productivity to Prosperity: Re-shaping Key Sectors for a Future-Ready Economy
Date: 18th – 20th February 2026
Venue: Safari Park Hotel & Casino Thika Road, Nairobi & Zoom
OVERVIEW
The Kenyan economy is currently navigating a difficult period, with signs of strain evident across multiple sectors. Labour market performance remains subdued, characterised by slow growth in formal employment and a persistent decline in real wages. A significant proportion of newly created jobs continue to emerge within the informal sector—typically low-paying, unstable, and with limited social protection—thereby undermining broader economic welfare.
At the macro-fiscal level, tax revenue has consistently fallen short of expectations, with the World Bank reporting an average tax revenue slippage of 6.1% over the past three years. At the same time, public debt has risen sharply to approximately 71.9% of GDP, with the widening fiscal deficit increasingly financed through domestic borrowing. These dynamics collectively place the country at a high risk of debt distress. This indicates that without decisive and sustained fiscal reforms including implementation of the adopted national tax policy, Kenya is likely to face prolonged budgetary pressures and constrained economic resilience.
Despite these challenges, Kenya’s medium-term outlook offers cautious optimism. Projections for 2026 indicate an expected GDP growth rate of 5.3%, supported by improved performance in agriculture and industry as well as the continued implementation of targeted government interventions. While these forecasts point to some recovery, it is widely acknowledged that growth prospects beyond 2025 remain tempered by persistent structural weaknesses and ongoing fiscal vulnerabilities. Moreover, the sustainability of the projected growth trajectory depends heavily on a stable and supportive global economic environment.
Domestically, unlocking higher and more inclusive growth will require enhanced policy measures aimed at strengthening governance, curbing endemic corruption, addressing the implications of Kenya’s FATF grey listing, and deepening participation in regional and international trade. Only through such comprehensive reforms can the country translate modest recovery signals into lasting economic resilience.
Sustained economic transformation requires more than short-term growth spurts—it demands deliberate, long-range strategic interventions that enhance productivity across key sectors. As economies navigate complex global challenges—ranging from shifting geopolitical dynamics, technological disruptions, climate change, to demographic transitions—productivity has emerged as the defining lever for resilience and competitiveness.
Kenya’s development aspirations, as outlined in the Vision 2030, the Bottom-Up Economic Transformation Agenda (BETA), and other national frameworks, place strong emphasis on sectoral revitalization, industrial upgrading, digitalization, and skills development. However, persistent productivity gaps continue to constrain the pace of growth, limit value addition, depress job creation, and slow structural transformation.
The 2026 Economic Symposium offers a unique platform for the public and private sectors, academia, development partners, and industry experts to reflect on the country’s productivity landscape, diagnose sector-specific bottlenecks, and co-create pathways for transforming productivity gains into broad-based prosperity. The theme “From Productivity to Prosperity: Re-shaping Key Sectors for a Future-Ready Economy” signals a shift from incremental reforms to bold, systemic changes that prepare the economy for the future of work, future markets, and future technologies.
As Kenya positions itself within a rapidly evolving global economy, boosting productivity across key sectors is no longer optional—it is imperative. The 2026 Economic Symposium provides the platform to reimagine strategies, harness new opportunities, and champion sectoral reforms that move the country from productivity to prosperity. Through collaborative action and forward-looking dialogue, stakeholders can accelerate the transformation toward a resilient, inclusive, and future-ready economy.
The symposium therefore seeks to deepen understanding, strengthen collaboration, and ignite national commitment toward accelerating productivity improvements within critical sectors of the economy. It aims to build consensus on strategic actions necessary to elevate Kenya’s competitiveness, foster inclusive growth, and create a sustainable economic base capable of withstanding global volatility.
The symposium will be structured around high-impact sectoral and cross-cutting areas such as:

Macroeconomic Trends, Fiscal Pressures & Labour Market Dynamics

Understanding Kenya’s subdued labour market: low formal job growth, real wage erosion, and informality
Drivers of revenue underperformance and tax slippage
Public debt distress risks and implications for economic stability

Strengthening Fiscal Governance & Implementing the National Tax Policy

Addressing structural weaknesses in domestic revenue mobilisation
Enhancing tax administration efficiency and compliance
Fiscal consolidation measures and expenditure rationalisation strategies

Governance, Anti-Corruption & Compliance Reform Imperatives

Tackling endemic corruption as a productivity drain
Implications of Kenya’s FATF grey listing and required national reforms
Governance and institutional strengthening as preconditions for sustainable growth

Revitalising High-Potential Sectors: Agriculture, Industry & Services

Addressing structural bottlenecks in agriculture and enhancing value-chain competitiveness
Industrial upgrading, MSME strengthening, and expanding manufacturing output
Productivity opportunities within tourism, digital services, finance, and logistics

Digitalization, Technology & Innovation as Productivity Accelerators

Leveraging AI, automation, and digital platforms to improve firm-level and sector-wide productivity
Building robust digital infrastructure and cybersecurity capacity
Supporting innovation ecosystems and technology adoption among MSMEs

Human Capital Development & Preparing for the Future of Work

Skills gaps and workforce readiness amidst technological disruption
Aligning education and training systems with industry needs
Labour market reforms to boost productivity and enhance job quality

Building Inclusive and Sustainable Economic Systems

Transitioning from low-quality informal employment to higher-value job creation
Green growth, climate-smart interventions, and resilience-building strategies
Enhancing social protection and inclusive development mechanisms

Enhancing Regional & Global Trade Competitiveness

Strengthening participation in regional value chains
Trade facilitation, export competitiveness, and market diversification
Positioning Kenya within the global economy amidst geopolitical shifts

Co-Creating a National Productivity Agenda for 2030 and Beyond

Aligning Vision 2030, BETA, and sectoral strategies for transformative productivity
Public–private collaboration in investment, innovation, and sector reform
Designing long-range productivity frameworks for resilience and prosperity

TARGET AUDIENCE
This economic symposium is not limited to the accountancy profession only, staff from other units are highly encouraged to attend.

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all conference sessions.
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 40,000 per Delegate
Kes. 25,000

Full Members
Kes. 45,000 per Delegate
Kes. 25,000

Non-Member
Kes. 50,000 per Delegate
Kes. 25,000

Note: Delegates are required to make their own travel and accommodation arrangements. The symposium charges cater for training fees, training materials, certificate and meals during the event.
ONLINE BOOKING:
We call on seminar participants to note that booking is available only online at www.icpak.com/events.
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 memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

The 34th Economic Symposium (virtual option)
2026-02-18 09:00 - 2026-02-20 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE 34th ECONOMIC SYMPOSIUM
Theme: Productivity to Prosperity: Re-shaping Key Sectors for a Future-Ready Economy
Date: 18th – 20th February 2026
Venue: Virtual Delivery
OVERVIEW
The Kenyan economy is currently navigating a difficult period, with signs of strain evident across multiple sectors. Labour market performance remains subdued, characterised by slow growth in formal employment and a persistent decline in real wages. A significant proportion of newly created jobs continue to emerge within the informal sector—typically low-paying, unstable, and with limited social protection—thereby undermining broader economic welfare.
At the macro-fiscal level, tax revenue has consistently fallen short of expectations, with the World Bank reporting an average tax revenue slippage of 6.1% over the past three years. At the same time, public debt has risen sharply to approximately 71.9% of GDP, with the widening fiscal deficit increasingly financed through domestic borrowing. These dynamics collectively place the country at a high risk of debt distress. This indicates that without decisive and sustained fiscal reforms including implementation of the adopted national tax policy, Kenya is likely to face prolonged budgetary pressures and constrained economic resilience.
Despite these challenges, Kenya’s medium-term outlook offers cautious optimism. Projections for 2026 indicate an expected GDP growth rate of 5.3%, supported by improved performance in agriculture and industry as well as the continued implementation of targeted government interventions. While these forecasts point to some recovery, it is widely acknowledged that growth prospects beyond 2025 remain tempered by persistent structural weaknesses and ongoing fiscal vulnerabilities. Moreover, the sustainability of the projected growth trajectory depends heavily on a stable and supportive global economic environment.
Domestically, unlocking higher and more inclusive growth will require enhanced policy measures aimed at strengthening governance, curbing endemic corruption, addressing the implications of Kenya’s FATF grey listing, and deepening participation in regional and international trade. Only through such comprehensive reforms can the country translate modest recovery signals into lasting economic resilience.
Sustained economic transformation requires more than short-term growth spurts—it demands deliberate, long-range strategic interventions that enhance productivity across key sectors. As economies navigate complex global challenges—ranging from shifting.
geopolitical dynamics, technological disruptions, climate change, to demographic transitions—productivity has emerged as the defining lever for resilience and competitiveness.
Kenya’s development aspirations, as outlined in the Vision 2030, the Bottom-Up Economic Transformation Agenda (BETA), and other national frameworks, place strong emphasis on sectoral revitalization, industrial upgrading, digitalization, and skills development. However, persistent productivity gaps continue to constrain the pace of growth, limit value addition, depress job creation, and slow structural transformation.
The 2026 Economic Symposium offers a unique platform for the public and private sectors, academia, development partners, and industry experts to reflect on the country’s productivity landscape, diagnose sector-specific bottlenecks, and co-create pathways for transforming productivity gains into broad-based prosperity. The theme “From Productivity to Prosperity: Re-shaping Key Sectors for a Future-Ready Economy” signals a shift from incremental reforms to bold, systemic changes that prepare the economy for the future of work, future markets, and future technologies.
As Kenya positions itself within a rapidly evolving global economy, boosting productivity across key sectors is no longer optional—it is imperative. The 2026 Economic Symposium provides the platform to reimagine strategies, harness new opportunities, and champion sectoral reforms that move the country from productivity to prosperity. Through collaborative action and forward-looking dialogue, stakeholders can accelerate the transformation toward a resilient, inclusive, and future-ready economy.
The symposium therefore seeks to deepen understanding, strengthen collaboration, and ignite national commitment toward accelerating productivity improvements within critical sectors of the economy. It aims to build consensus on strategic actions necessary to elevate Kenya’s competitiveness, foster inclusive growth, and create a sustainable economic base capable of withstanding global volatility.
The symposium will be structured around high-impact sectoral and cross-cutting areas such as:

Macroeconomic Trends, Fiscal Pressures & Labour Market Dynamics

Understanding Kenya’s subdued labour market: low formal job growth, real wage erosion, and informality
Drivers of revenue underperformance and tax slippage
Public debt distress risks and implications for economic stability

Strengthening Fiscal Governance & Implementing the National Tax Policy

Addressing structural weaknesses in domestic revenue mobilisation
Enhancing tax administration efficiency and compliance
Fiscal consolidation measures and expenditure rationalisation strategies

Governance, Anti-Corruption & Compliance Reform Imperatives

Tackling endemic corruption as a productivity drain
Implications of Kenya’s FATF grey listing and required national reforms
Governance and institutional strengthening as preconditions for sustainable growth

Revitalising High-Potential Sectors: Agriculture, Industry & Services

Addressing structural bottlenecks in agriculture and enhancing value-chain competitiveness
Industrial upgrading, MSME strengthening, and expanding manufacturing output
Productivity opportunities within tourism, digital services, finance, and logistics

Digitalization, Technology & Innovation as Productivity Accelerators

Leveraging AI, automation, and digital platforms to improve firm-level and sector-wide productivity
Building robust digital infrastructure and cybersecurity capacity
Supporting innovation ecosystems and technology adoption among MSMEs

Human Capital Development & Preparing for the Future of Work

Skills gaps and workforce readiness amidst technological disruption
Aligning education and training systems with industry needs
Labour market reforms to boost productivity and enhance job quality

Building Inclusive and Sustainable Economic Systems

Transitioning from low-quality informal employment to higher-value job creation
Green growth, climate-smart interventions, and resilience-building strategies
Enhancing social protection and inclusive development mechanisms

Enhancing Regional & Global Trade Competitiveness

Strengthening participation in regional value chains
Trade facilitation, export competitiveness, and market diversification
Positioning Kenya within the global economy amidst geopolitical shifts

Co-Creating a National Productivity Agenda for 2030 and Beyond

Aligning Vision 2030, BETA, and sectoral strategies for transformative productivity
Public–private collaboration in investment, innovation, and sector reform
Designing long-range productivity frameworks for resilience and prosperity

TARGET AUDIENCE
This economic symposium is not limited to the accountancy profession only, staff from other units are highly encouraged to attend.

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all conference sessions.
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 40,000 per Delegate
Kes. 25,000

Full Members
Kes. 45,000 per Delegate
Kes. 25,000

Non-Member
Kes. 50,000 per Delegate
Kes. 25,000

ONLINE BOOKING:
We call on seminar participants to note that booking is available only online at www.icpak.com/events.
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 memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Annual Practical Ethics Forum 2026 mandatory training
2026-02-18 09:00 - 2026-05-31 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Annual Practical Ethics Forum mandatory training)
Date: 18th -19th February 2026
Venue: Virtual
Time: 09.00am-03.30pm
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
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 and has been in existence since 1978. Over its long history it has registered over 35,000 members. Its members work in diverse sectors of the economy as accountants, financial experts, auditors and financial consultants. Over 800 of our members have emigrated and are working beyond the borders of Kenya. Members of the Institute are present in 41 different countries around the globe.
THE ANNUAL PRACTICAL ETHICS FORUM
The role of accountants extends beyond financial leadership to incorporate broader responsibilities both in governance and ethics. The swiftly evolving global landscape, characterized by technological advancements, interconnected economies, and diverse societal challenges, makes the principles of integrity and accountability to be more crucial than ever. Corporate success or failure is reliant on strong ethics and governance practices which ensure that financial reporting and practices are conducted with integrity, transparency and accountability.
Corporate ethics is the moral behaviour of a company and its employees while conducting business. It examines ethical principles and dilemmas in business conduct, affecting individuals and organizations. These ethics stem from personal values, policies, or legal frameworks, and guide businesses in interactions with stakeholders. Business ethics encompass contemporary standards, principles, and norms. Governance and ethics are fundamental aspects of the accounting profession,
The Annual Practical Ethics Forum will enable accountants to deepen their knowledge on ethical matters while exploring emerging trends to upholding integrity and accountability in the accounting profession through training and sharing best practices.
The forum will focus on the following key topics:

International Code of Ethics for Professional Accountants (IESBA Code)
Complying with the Code, Fundamental Principles and Conceptual Framework
Professional Accountants in Business

Professional Accountants in Public Practice

Independence for Audit and Review Engagements
Conflict of interest and threats to accountants: -practitioners, employed accountants in service, internal audit, assurance etc
Responsibilities of professional accountants in safeguarding ethical practices for organizations
Evaluating and resolving ethical problems
Intricacies of whistle blowing
Monitoring ethics and compliance
Professional misconduct, risk and the ethical link -Disciplinary Committee insights
Insights from the Ethics and Anti-Corruption Commission (EACC) on ethics for professionals and the fight against corruption
Ethical considerations in sustainability reporting
Overview of recent changes to the International Code of Ethics for Professional Accountants

Target Audience:
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.
Cost:
Charges for the training will be Kes10,000/= which will cover Seminar fees, and an e-certificate 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 memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Technical Engagement Series IAS7 in Practice: Cash and Cash Equivalents - Emerging IFRS Interpretation Insights Webinar
2026-02-19 08:00 - 09:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Technical Engagement Series
IAS 7 in Practice: Cash & Cash Equivalents – Emerging IFRS Interpretation Insights
Date: 19th February 2026
Time: 08.00am-09.00am
Delivery Mode: Virtual

Risk Based Audit Planning-Practical Course
2026-02-19 09:00 - 2026-02-20 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Risk Based Audit Planning -Practical Course
Theme: Enhancing Audit Effectiveness through Strategic Risk Assessment & Planning
Date: 19th -20th February 2026
Time: 09.00am-03.30pm
Venue: ICPAK Auditorium CPA Centre
Overview
Auditing has evolved into a strategic function that requires professionals to go beyond verifying compliance to becoming proactive advisors who identify, assess, and mitigate risks that could impact organizational objectives. Organizations today operate in increasingly complex environments characterized by regulatory changes, technological advancements, financial uncertainties, and stakeholder scrutiny. These complexities necessitate a modern audit approach that prioritizes high-risk areas, ensures efficient allocation of resources, and delivers assurance that is both relevant and value-adding.
Risk-based audit planning has become an essential methodology for auditors to align their work with organizational priorities and risk exposure. By focusing on areas of greatest vulnerability, auditors can anticipate potential issues, strengthen internal controls, and provide actionable insights to management and boards. Effective risk-based auditing enables organizations to minimize financial, operational, compliance, and reputational risks while supporting strategic decision-making and long-term resilience.
This practical course equips participants with the skills, frameworks, and tools necessary to design and execute audit plans that are risk-informed, targeted, and efficient. Participants will gain hands-on experience in identifying and prioritizing operational, financial, strategic, and compliance risks, linking them to audit objectives, and applying scenario analysis to complex, interrelated risks. Emphasis is placed on leveraging dynamic risk registers, evaluating controls, and documenting audit plans in accordance with professional standards and best practices.
Auditors are increasingly recognized as key strategic partners in governance and risk management. Through this course, participants will understand how to enhance the effectiveness of audit processes, provide meaningful assurance, and strengthen enterprise risk management. They will also learn to integrate ethical considerations into audit planning, ensuring transparency, integrity, and accountability in all engagements.
In this regard, the Institute of Certified Public Accountants of Kenya (ICPAK) has organized the Risk-Based Audit Planning Practical Course to equip participants with the practical skills, analytical tools, and strategic insights required to function as Risk Champions. By the end of the two-day program, participants will be able to plan and execute audits that are focused, efficient, and aligned with organizational priorities, thereby enhancing governance, audit quality, and enterprise-wide risk management.
The course is designed to cover the following areas:

Foundations of Risk-Based Audit Planning
Developing and reviewing risk register
Risk appetite formulation
Process of risk-based audit planning

Developing an Effective Risk-Based Audit Plan (from beginning to end)
Determining Audit Priorities
Assessing and scoring audit risks
Linking Risks to the Audit Universe

Leveraging technology: GRC and cloud-based risk management
Utilizing GRC & cloud-based risk management platforms to enhance audit efficiency
• Conducting scenario analysis for interrelated risks

Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be Kes 18,500/= which will cover course 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 at marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

ICPAK Charity golf Tournament-Four ball
2026-02-20 06:30 - 2026-02-27 18:00 | Ruiru Golf Club, Ruiru Kiambu
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ICPAK Charity Golf Tournament (Four Ball)
Date: 20th February 2026
Venue: Ruiru Golf Club, Kiambu
The charges are:
Individual player: Kes 3,000
Four Ball: Kes 10,000
For inquiries contact Raphael Nguli at raphael.nguli@icpak.com or Jamlick Kogi: (0114 089252) and at Jamlick.kogi@icpak.com

ICPAK Charity golf Tournament-Individual ball
2026-02-20 06:30 - 2026-03-04 18:00 | Ruiru Golf Club, Ruiru Kiambu
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ICPAK Charity Golf Tournament (Individual Ball)
Date: 20th February 2026
Venue: Ruiru Golf Club, Kiambu
The charges are:
Individual player: Kes 3,000
Four Ball: Kes 10,000
For inquiries contact Raphael Nguli at raphael.nguli@icpak.com or Jamlick Kogi: (0114 089252) and at Jamlick.kogi@icpak.com

Advanced IFRS 17- Webinar
2026-02-24 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Advanced IFRS 17 – Webinar
24th February 2026
Time: 04.00pm-06.00pm
Delivery Mode: Virtual Delivery
Overview
The International Financial Reporting Standard 17 (IFRS 17) represents one of the most significant transformations in insurance accounting in decades. Having replaced IFRS 4, the standard introduces a consistent measurement framework for insurance contracts, enhancing comparability, transparency, and reliability of reported financial information. As many insurers have already progressed past initial implementation, the emerging challenges now relate to advanced interpretation, model optimization, operational integration, and strategic application of IFRS 17 outputs. Organizations are increasingly seeking advanced capabilities such as economic steering, assumption management, integration of actuarial and finance systems, analytics-driven insights, and efficient close processes. The webinar will offer IFRS 17 developments/changes, practical application issues and upcoming changes and provide in-depth analysis. The following topics will be covered:
1. Introduction to IFRS 17
Purpose and scope of the standard
Key differences between IFRS 4 and IFRS 17
Insurance contract definition and boundaries
2. Measurement Models
a. General Measurement Model (GMM) / Building Block Approach (BBA)
b. Premium Allocation Approach (PAA)
c. Variable Fee Approach (VFA)
3. Contractual Service Margin (CSM)
4. Presentation and Disclosure Requirements
5. Transition to IFRS 17
6. Interaction With IFRS 9 (Financial Instruments)
7. Data, Systems, and Operational Challenges
TARGET AUDIENCE
This webinar will be useful to professionals in the finance and accounting sector with bias on preparers of financial statements specifically:

Chief Finance Officers
Financial Analysts
Accountants
Auditors
Financial Controllers
Credit Managers

CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the Webinar.
YOUR FINANCIAL COMMITMENT
Charges for the training will be Kes 1,000/= 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.
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, (+254) 733 856262 or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Technical competency development forum for associate members only 2026
2026-02-25 09:00 - 2026-02-26 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Technical competency development forum for associate members Only 2026
Theme: Strengthening Technical Excellence and Professional Competence in a Digitally Evolving Accounting Landscape
Date: 25th – 26th February 2026
Time: 9.00am – 4.00pm
Venue: Virtual
Overview
The accountancy profession remains central to economic growth, organizational efficiency, and financial accountability. Accountants uphold transparency, regulatory compliance, and ethical conduct, thereby protecting the public interest and reinforcing trust in financial systems. As business environments become more complex and technology rapidly evolves, the profession has expanded beyond traditional bookkeeping into areas such as auditing, taxation, financial management, advisory services, and data analytics firmly positioning accountants as strategic partners in driving organizational success.
Today, the profession is undergoing significant transformation due to shifting accounting standards, regulatory reforms, and the global push for enhanced sustainability reporting. New standards such as IFRS 17, IFRS 18, and Sustainability Reporting S1 & S2 guidelines require professionals to maintain strong technical competence and adaptability within principles-based frameworks. Ethical standards remain at the core of practice, with IFAC emphasizing integrity, independence, and objectivity as non-negotiable values. At the same time, accountants must navigate an increasingly digital environment where cybersecurity awareness, data privacy obligations, and AML/CFT compliance form a critical part of their responsibilities.
Digital transformation has fundamentally reshaped how accountants work. Tools powered by artificial intelligence, machine learning, data analytics, blockchain, and cloud-based platforms have automated routine processes and elevated the accountant’s role from transaction recorder to strategic advisor. Modern professionals must be proficient in technologies such as Power BI, RPA, and cloud-based ERPs to generate insights, strengthen internal controls, enhance forecasting, and support risk management. These digital capabilities allow accountants to provide deeper business intelligence and contribute to forward-looking decision-making.
Beyond technical expertise, the future of the profession also relies heavily on strong communication and interpersonal skills. The ability to present complex financial information clearly, influence stakeholders, lead teams, and support organizational change initiatives is increasingly essential. Accountants who combine technical excellence with leadership, emotional intelligence, and strategic thinking stand out in today’s competitive landscape. This evolving environment calls for continuous learning, ensuring that new entrants and associate members remain adaptable, informed, and equipped with future-ready skills that enhance the value and credibility of the finance function.
Key Topics for Discussion

Overview of the Recent Development in Accounting Standards Affecting the Accounting Profession
Digital Tools for Accountants – (Data Analytics, Block Chain, Cloud Based Audit Tools, Machine Learning, Power BI)
Cybersecurity Awareness for Accountant Professionals – (Data protection, cyber threats and fraud prevention)
AML & CFT (Anti-Money Laundering and Combating the Financing Of Terrorism)
Professional Conduct and Regulatory Compliance

ICPAK Code of ethics for accountants
Handling ethical dilemmas and maintaining professional integrity

The Power of Public Speaking
Soft skills – communication, professional presence, adaptability, problem-solving
Transitioning from Associate to full member: Key steps to assist in the process
Overview of ICPAK Membership requirements and how to fulfil good standing status

Target Audience
The program is open to ICPAK Associate Members only.
Continuous Professional Development Units (CPDs):
Upon successful attendance of all sessions, associate members will earn 10 Structured CPD Hours.
Financial Commitment:
The mentorship program is free for ICPAK Associate Members.
Online Booking:
Registration: 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.
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 memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update
