ICPAK

PFM and IPSAS Accrual Seminar–Central Rift Branch
2026-03-05 09:00 - 2026-03-06 15:30 (Europe/Moscow) | Nyahururu, Panari Hotel
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
PFM and IPSAS Accrual Seminar – Central Rift Branch
Date: 5th – 6th March 2026
Time: 09.00am-03.30pm
Venue: Nyahururu-Panari Hotel
Overview
Public Financial Management (PFM) is fundamental to transparency, accountability, and the efficient use of public resources. It encompasses key processes such as budgeting, planning, and resource allocation, which form the foundation of sound financial governance in the public sector. A strong PFM framework supports informed decision-making, enhances public trust, and aligns financial management with national development priorities.
The global shift from cash-based to accrual-based accounting, guided by International Public Sector Accounting Standards (IPSAS), has significantly improved the quality and credibility of public sector financial reporting. Accrual accounting provides a comprehensive view of an entity’s financial position by recognizing assets, liabilities, revenues, and expenses when they occur. Understanding the concepts, objectives, and practical implications of IPSAS accrual is essential for strengthening accountability and long-term financial planning.
In an accrual environment, budgeting, financial planning, and internal controls assume greater importance. The integration of accrual information into budgeting and performance monitoring enhances resource management, while effective internal controls and audit considerations support compliance and risk management. Experience and best practices from entities that have implemented IPSAS accrual provide valuable insights into addressing common implementation challenges.
The application of IPSAS accrual standards is supported by appropriate tools, systems, policies, and continuous capacity building. Robust accounting systems, clear policy frameworks, and technical guidance enable consistent and sustainable adoption of accrual accounting, contributing to improved financial governance, transparency, and professionalism in the public sector.
The following topics will be covered:

Principles of Public Finance Management (PFM) in Kenya

Overview of the legal, institutional, and governance framework underpinning public finance management.

Budget Preparation, Execution, and Financial Planning in Kenya’s National and County Governments

Budget cycle and preparation processes at national and county governments
Budget–procurement linkage and cash flow management
Zero-based and performance-based budgeting in Kenya
Use of performance indicators to enhance efficiency and accountability

Public Procurement and Payment for Goods and Services

Pending Bills
Provisions relating to County Governments
Effects of non- compliance with requirements

Foundations of IPSAS Accrual Accounting

Introduction to IPSAS Accrual.
Accrual vs. Cash-Based IPSAS Standards
Objectives, scope, and benefits of transitioning from cash to accrual basis IPSAS

IPSAS 33: First-Time Adoption of IPSAS Accrual Basis
IPSAS 24 presentation of budget information in financial statements

Required disclosures
Comparison of budget and actual amounts
Material differences

IPSAS 39: Employee Benefits

Differences between IPSAS 39 & IPSAS 25
Recognition and Measurement of Employee Benefits obligation
Valuation of Benefits at Fair Value
Termination Benefits
Employee Benefit Liabilities and their impact on Public Sector Finances

Disclosure, Transparency, and Accountability under IPSAS Accrual

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 workshop.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory 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 0723 920829, or via email to Henry Ngetich at henry.ngetich@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

Tax Compliance and Emerging Issues (mandatory training) South Rift Branch
2026-03-05 09:00 - 2026-03-06 15:30 | Kericho-Sahara Gardens
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Tax Compliance and Emerging Issues (mandatory training) South Rift Branch
Theme: Strengthening Tax Compliance and Navigating Emerging Tax Risks in a Dynamic Regulatory Environment
Date: 5th -6th March 2026
Time: 09.00am -3.30pm
Venue: Kericho-Sahara Gardens
Overview
Tax compliance remains integral to the effective use of taxation and supports economic growth. In the current dynamic environment, where taxation frameworks continue to shift due to an influx of amendments and policy changes worldwide, taxpayers and other stakeholders must adapt and comply with these frameworks. This increases the taxpayer’s reliance on effective tax compliance frameworks, given the KRA’s use of technology.
This training program is designed to ensure participants have the knowledge needed to stay up to date with the latest changes in tax compliance and emerging tax issues that may affect businesses and professionals in Kenya. The program will emphasize the application of the law, the latest developments in policies and legislative frameworks, and the tax compliance issues that arise in practice.
The training shall also address current topics in taxation arising from the digitalization of the economy, the use of electronic systems for tax administration, cross-border transactions, transfer pricing audits, and court interpretation of tax laws, among others. Delegates shall be enlightened on how these current topics affect tax planning, compliance, and dispute resolution. In this training, topics on global taxation reforms and their application in Kenya shall be considered.
Organized by the Institute of Certified Public Accountants of Kenya (ICPAK), the training seeks to improve the technical expertise of accounting and finance professionals, tax practitioners, and business managers. During the training, participants will gain essential expertise to improve compliance and reduce the risk of penalties and interest charges, while being prepared to address emerging tax risks. The training will be highly useful for professionals who work in tax advisory, finance, auditing, and compliance in the public and private sectors.
The following are topics to be discussed during the training:

Overview of the Current Tax Compliance Framework in Kenya
Key compliance obligations under major tax heads, statutory timelines, documentation requirements, and the role of self-assessment.
Recent and Emerging Tax Legislative and Policy Developments
Analysis of recent Finance Acts, tax amendments, and policy shifts, including their practical implications for taxpayers.
Technology and Tax Compliance
Use of iTax and other digital platforms, electronic invoicing, data matching, and the impact of technology on audits and compliance monitoring.
Tax Audits, Investigations, and Enforcement Trends
Risk-based audits, common audit triggers, managing KRA engagements, and responding effectively to assessments and notices.
Emerging Issues in International Taxation and Transfer Pricing
Transfer Pricing Compliance, related party transactions, cross-border tax risks, and alignment with global tax initiatives.
Managing Tax Disputes and Alternative Dispute Resolution
Objections, appeals, dispute resolution mechanisms, and recent jurisprudence shaping tax interpretation.
Tax Risk Management and Governance
Strengthening internal controls, tax governance frameworks, and best practices for sustainable tax compliance.

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 0787336511, or via email to Patrick Kipkurui at patrick.kipkurui@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

PFM and Emerging Tax Issues Seminar Eastern Branch
2026-03-05 09:00 - 2026-03-06 15:30 | Kyaka Hotel, Machakos
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
PFM and Emerging Tax Issues Seminar Eastern Branch
Date: 5th -6th March 2026
Time: 09.00am-03.30
Venue: Kyaka Hotel- Machakos
Overview
This seminar, organized by the Institute of Certified Public Accountants of Kenya (ICPAK), aims to improve understanding of the relationship between PFM reforms and the implementation of IPSAS accruals. During the event, insights and experiences in accrual accounting, particularly in the public sector, along with the attendant challenges, will be shared.
Public Financial Management (PFM) is an important element in promoting financial discipline, transparency, and accountability in public fund management. Managing public funds using PFM best practices ensures efficient budgeting, accurate financial statement reporting, and informed decision-making, thereby improving public-sector management and service delivery. More recent efforts to improve PFM have increasingly used accrual-based accounting systems to enhance the relevance and accuracy of financial reports.
The adoption of International Public Sector Accounting Standards (IPSAS) on an accrual basis is a major milestone in public-sector financial reporting. IPSAS Accrual provides a framework for recognizing, measuring, and reporting assets, liabilities, revenues, and expenses, enabling a clearer picture of the financial position and performance. Although IPSAS Accrual is widely recognized for its benefits, it is highly technical and demanding to implement.
The objective of the PFM and IPSAS Accrual seminar is to build capacity for professionals in the public finance community by enhancing their knowledge of PFM systems and how IPSAS Accrual is applied in practice. The seminar aims to examine all necessary dimensions, both theoretical and operational, for successful implementation. The participants are expected to have improved knowledge of PFM structures and processes, a deeper understanding of the application of the IPSAS Accrual standard, and greater insight into common implementation-related challenges. The participants will also be able to make efforts to improve the quality of financial reporting, accountability, and public-sector financial management.
The following topics will be discussed during the seminar:
Public Financial Management Frameworks and Reform Agenda
• Objectives and key pillars of PFM
• Integration of budgeting, accounting, reporting, and oversight
Introduction to IPSAS Accrual Accounting
• Conceptual foundations and principles of accrual accounting
• Comparison between cash-based and accrual-based accounting
Transition to IPSAS Accrual
• Implementation strategies and phased approaches
• Institutional and systems readiness
Accounting for Assets and Liabilities in the Public Sector
• Recognition and Measurement of public infrastructure and heritage assets
• Treatment of liabilities, provisions, and contingent items
Financial Reporting and Disclosures under IPSAS Accrual
• Components of accrual-based financial statements
• Enhanced disclosure requirements and accountability
Implementation Challenges and Practical Considerations
• Data, valuation, and capacity constraints
• Change management and stakeholder engagement
Oversight, Audit, and the Role of Professional Accountants
• Assurance and compliance expectations
• Supporting sustainable PFM and IPSAS reforms
Target Audience:
This seminar will be useful to professionals in Spheres.
Your Financial Commitment
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD Units
Members of ICPAK and reciprocating professional bodies will be awarded 14 CPD Units upon successfully attending all sessions.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
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 0787400550, or via email to David Mutiso at David.Mutiso@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Overview of INPAS Standards webinar
2026-03-05 16:00 - 18:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Overview of INPAS Standards webinar
Date: 5th March 2026
Time: 04.00pm-06.00pm
Venue: Virtual Delivery
Overview
The International Non-Profit Accounting Standard (INPAS) represents a landmark development in financial reporting for the non-profit sector. Launched in October 2025 as the first globally recognized accounting standard specifically designed for non-profit organizations (NPOs), INPAS provides a unified, accrual-based framework tailored to the unique characteristics of nonprofits. Unlike traditional standards such as IFRS or national GAAP, which primarily serve for-profit entities, INPAS addresses sector-specific challenges including diverse funding sources, donor restrictions, and grant reporting. It emerged from the International Financial Reporting for Non-Profit Organisations (IFR4NPO) project, led by CIPFA and Humentum, following extensive global consultations over six years involving stakeholders from more than 40 countries.
INPAS is built upon the foundation of the IFRS for SMEs Accounting Standard, adapting and extending it to better reflect non-profit realities. It applies to small, medium, and large NPOs that use accrual accounting, offering guidance for preparing whole-of-entity financial statements that meet the needs of a wide range of users, including donors, regulators, and beneficiaries. The standard emphasizes producing transparent, credible, and comparable financial reports while reducing inconsistencies that arise when NPOs apply multiple or mismatched frameworks across jurisdictions and funders.
A core objective of INPAS is to enhance transparency, accountability, and trust in non-profit finances worldwide. It tackles long-standing issues such as the recognition and measurement of grants and donations, the clear distinction and presentation of restricted versus unrestricted funds, and the integration of meaningful narrative reporting alongside financial data. By providing specific rules for these areas, INPAS helps ensure that financial statements deliver decision-useful information, enabling stakeholders to better understand an organization’s resource allocation, performance, and compliance with donor intentions.
The standard covers comprehensive recognition, measurement, presentation, and disclosure requirements customized to non-profit activities and funding models. It includes a Practice Guide for harmonized grant reporting, which aims to streamline compliance across different funders and significantly reduce the administrative burden on NPOs that previously faced duplicative or conflicting reporting demands. This harmonization is expected to improve efficiency, cut compliance costs, and foster greater consistency in how financial information is communicated globally.
INPAS promotes comparability across borders and organizations, allowing donors, governments, and the public to more reliably assess and compare non-profits regardless of location or size. ICPAK has endorsed the use of the standards and early uptake is anticipated to build credibility and support informed decision-making. The standard’s standalone nature means NPOs can apply it independently, though publicly accountable entities must make appropriate disclosures if choosing INPAS over full IFRS.
Overall, INPAS marks the non-profit sector’s alignment with the kind of standardized, high-quality financial reporting long available to for-profit entities. By establishing a single, sector-dedicated benchmark, it seeks to strengthen donor confidence, facilitate cross-border operations, and ultimately contribute to more effective and trustworthy non-profit work worldwide. As implementation progresses, ongoing guidance and resources from the International Non-Profit Reporting Foundation (INPRF) will support the transition for organizations adopting the standard. Join us for this webinar to get more insights on the standard.
Target Audience:
All professionals working in the NPO Sector, external auditors, consultants, academia and other interested professionals.
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

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

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

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

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

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

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

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

Navigating office politics and developing resilience as professionals

TARGET AUDIENCE
Management accountants, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
YOUR FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

** Delegates to make their travel and accommodation arrangements
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions.
NITA REIMBURSEMENT
The Institute is registered as a trainer with the National Industrial Training Authority (NITA) The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only. To qualify you should apply to NITA for approval prior to the date of the seminar. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com .

IFRS 10 - Consolidated Financial Statements Webinar
2026-03-10 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS 10 – Consolidated Financial Statements
10th March 2026
Time: 4.00pm-06.00pm
Delivery Mode: Virtual Delivery
Overview
The preparation and presentation of consolidated financial statements remain an essential requirement for entities that control one or more subsidiaries. IFRS 10-Consolidated Financial Statements establishes a single, principles-based model for determining control and provides guidance for preparing consolidated financial statements.
However, many reporting entities continue to face challenges when applying the standard particularly in determining control in complex structures, assessing de facto control, accounting for investment entities, and addressing disclosure expectations.
This webinar is designed to enhance participants’ understanding of IFRS 10 with practical examples and interactive discussions.
It will cover the following key areas:

Overview of IFRS 10

Objective and scope of the standard
Key definitions

The Control Model

Power over the investee
Exposure or rights to variable returns
Ability to use power to affect returns
Practical application of the control assessment

Identifying Subsidiaries

Voting rights and power
Potential voting rights
De facto control
Structured entities

Consolidation Procedures

Uniform accounting policies
Intra-group transactions and balances
Non-controlling interests
Goodwill and fair value adjustments

Investment Entities Exception

Criteria for classification
Accounting implications
Disclosure requirements
TARGET AUDIENCE
This webinar will be useful to professionals in the finance and accounting sector with bias on preparation of financial statements specifically:

Accountants and financial reporting professionals
Auditors and assurance teams
Chief Finance Officers (CFOs) and finance managers
Academics and students in accounting and finance
Anyone involved in preparing, analyzing, or auditing group financial statements

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.

Internal Audit: Global Internal Audit Standards Seminar (mandatory training)
2026-03-11 09:00 - 2026-06-30 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Internal Audit: Global Internal Audit Standards Seminar (mandatory training)
Date: 11th – 12th March 2026
Time: 9.00am-3.30pm
Delivery Mode: Virtual
Theme- Transforming Internal Audit for Strategic Impact and Sustainable Organizational Value
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
Internal audit, much like the unseen systems that guide everyday decision-making, is fundamental to how organizations anticipate risks, strengthen accountability, and sustain operational integrity. It plays a central role in shaping the quality of oversight, the accuracy of financial reporting, and the robustness of governance structures. Yet, as global corporate failures and governance breakdowns continue to demonstrate, risks often escalate not because controls are absent, but because they are outdated, poorly implemented, or misaligned with strategic realities.
The release of the Global Internal Audit Standards (2025) marks a pivotal moment for the profession. These standards provide a unified global framework that reinforces ethical conduct, independence, objectivity, and quality assurance—positioning internal audit as a strategic function that enhances resilience, strengthens stakeholder confidence, and safeguards long-term value. They reshape expectations of the profession by demanding deeper risk insights, more rigorous methodologies, and a more forward-looking perspective on organizational vulnerabilities.
Whether you are a seasoned Internal Auditor or beginner, the Global Internal Audit Standards workshop offers participants an opportunity to develop a foundational and fundamental understanding of the internal audit profession, the internal audit process, and how the IIA’s International Professional Practices Framework (IPPF), including the Global Internal Audit Standards that became effective in 2025 and serve as the guiding compass for the internal audit activity.
The workshop delivers an enhanced level of knowledge of the professional practice of internal auditing to experienced Internal Audit practitioners, those who are pursuing an understanding of the internal audit nomenclature as new practitioners and external auditors who are transitioning to internal auditing through an in-depth exploration of the domains, principles, and standards.
The seminar is designed to cover the following topics:

Introduction to IIA guidance found in the IPPF
Global Internal Audit Standards: Comparisons and contrasts between internal audit to external audit.
Purpose, authority, and responsibility of the internal audit activity and concept of governance.
Domain 1: Purpose of Internal Auditing.
Domain II: Ethics and Professionalism.
Domain III—Governing the Internal Audit Function
Domain IV- Managing the Internal Audit Function
Domain V- Performing Internal Audit Services
Applying the Global Internal Audit Standards in the Public Sector
Strengthening Organizational Resilience
Global guidance, topical requirements, GIAS preparedness and gap assessment
Action Plan for Internal Auditors for GIAS implementation
Ethics And Professionalism in Internal Auditing

Target Audiences
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 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.

Free -Filing of Tax Returns- Practical Course
2026-03-12 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Filing Of Tax Returns- Practical Course
Date: 12th March 2026
Time: 4pm to 6pm
Mode of Delivery: Virtual
Overview
This is a practical course intended to provide finance professionals, accountants, auditors, and business owners with hands-on skills that can enable them to competently navigate through Kenya’s evolving tax compliance environment. As the tax authorities increasingly emphasize accuracy, transparency, and timeliness of submission of returns, organizations and individuals have to fortify their understanding of statutory requirements, apart from the practical processes involved in completing various tax returns. This course has been designed to bridge the gap between theoretical tax knowledge and day-to-day realities associated with filing returns under multiple tax categories.
This will give participants the learning experience that is practical and interactive, similar to a real-life compliance procedure. Through demonstrations, system walkthroughs, and guided exercises, delegates will walk away with confidence in carrying out tasks of tax filing on platforms such as iTax, preparation of supporting documentation, and interpretation of key tax laws that inform filings. The course will also bring into focus common errors, audit triggers, and compliance risks that organizations should proactively look out for to avoid penalties, interest, and reputational exposure.
This course targets professional practitioners in finance, accounting, auditing, tax advisory, compliance, and business operations. It will also be of practical use to entrepreneurs and owners of SMEs who want to meet their tax obligations in an efficient and consistent manner. Delivered over two days, this course simplifies concepts into a structured approach that enables the participants to apply the learned concepts immediately within their work environments. The session also provides ample time for sharing knowledge, learning from each other, and seeking clarification on emerging issues in tax administration.
By the end of the programme, participants will have developed their competence in preparing and filing various tax returns, reconciling records, interpreting relevant legislation, and aligning their processes with best practice. The practical focus of the training will ensure that delegates leave with real skills that enhance not only their individual capability but also that of the organization in terms of tax compliance.
Topics to Be Discussed

Overview of Kenya’s tax system and statutory filing requirements
Understanding tax laws and compliance obligations
Step-by-step filing of PAYE returns on iTax
Practical preparation and filing of VAT returns
Withholding Tax (WHT) obligations and return submission procedures
Filing Income Tax for individuals and corporates
Reconciling tax ledgers and supporting documentation
Common filing errors and how to avoid penalties
Responding to queries, notices, and compliance reviews
Best practices for year-round tax compliance and record management

Target Audience
This virtual symposium will be useful to all professional Accountants and other professionals interested in taxation.
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 virtual symposium.
Financial Commitment
The webinar is free of charge
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 100or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

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

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

Authoritarian Leadership
Participative Leadership
Delegative Leadership
Transactional Leadership
Transformational Leadership

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

FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the Governance and Leadership Conference.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
SPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION
The Governance and Leadership Conference attracts over 200 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com. Other requests for information can be channelled to us via telephone on +254 719 074 100/129.
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage you to regularly visit our website www.icpak.com for updates on the Conference.

Value Added Tax (VAT) Webinar March 2026
2026-03-17 16:00 - 2026-03-19 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Value Added Tax (VAT) Webinar
Date: 17th March 2026
Time: 4.00pm-6.00pm
Mode of Delivery: Virtual
Overview
Value Added Tax remains among the top revenue earners for governments, and its operations have continued to affect the financial and compliance environment in which businesses operate. This has been heightened by constant policy changes, changing interpretations, and the introduction of digital systems and enforcement methods adopted by the Kenya Revenue Authority. In this respect, this ICPAK webinar provides an opportunity for professionals to gain an in-depth understanding of VAT concepts, legislative updates, and current best practices in ensuring correct reporting and compliance with statutory requirements.
The session is designed to address common challenges faced by taxpayers, such as classification of supplies, input tax recovery, VAT on imported services, and how to navigate the complexities introduced by electronic invoicing and real-time reporting systems. Participants will understand the impact of non-compliance, audit risks, and ways of enhancing internal controls in VAT processes. The webinar also aims to foster discussions on topical trends, including VAT updates that may affect specific industries, new developments in global best tax practices, and how technology can be applied in managing VAT.
The training will draw together accountants, auditors, tax practitioners, finance managers, and compliance officers who wish to enhance their professional competencies and ensure full compliance with emerging VAT requirements. The webinar will take participants through expert facilitation, real-life scenarios, and practical guidance to adequately equip them with the skills needed to correctly interpret VAT rules, manage compliance risks, and ultimately facilitate organizational decision-making. In the end, the webinar reinforces ICPAK’s mandate in promoting continuous professional development through providing a platform to enhance competencies in an area that remains at the core of financial governance.
Topics to Be Discussed

Overview of VAT Law and Fundamental Concepts
Classification of Taxable, Exempt, and Zero-Rated Supplies
Input Tax Deduction Rules and Common Pitfalls
VAT Reporting Obligations and Return Filing Requirements
VAT on Imported Goods and Imported Services
Electronic Tax Invoice Management (eTIMS) Compliance
VAT Audits, Disputes, and Engagement with KRA
Industry-Specific VAT Considerations
Emerging Changes in VAT Legislation and Policy

Target Audience
ICPAK Members ,Accountants ,Tax practitioners ,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
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 virtual symposium.
Financial Commitment
The symposium charges are Kshs 1,000.
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,/0719 074 221 or via email to Fredrick Otwori at fredrick.otwori@icpak.com with a copy to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Audit Quality Assurance and compliance with ISAs - Western Branch (mandatory training)
2026-03-18 09:00 - 2026-03-19 15:30 | Sosa Cottage, Vihiga, Vihiga, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Quality Assurance & compliance with ISAs- Western Branch (Mandatory Training)
Date: 18th – 19th March 2026
Time: 9.00am-3.30pm
Venue: Sosa Hotel, Vihiga
(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.
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:
1. 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.
2. Engagement Level Quality- ISA 220 (Revised)
• The engagement partner and engagement team’s responsibilities for quality management for an audit of financial statements.
3. 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.
4. 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
5. Application of ISA 230, 580, 560, 570 i.e documentation and Audit evidence.
6. Application of ISA 260 and 265 communications during audit.
7. Application of ISA 315 Identifying and Assessing the risk of material misstatement through understanding the entity and its environment.
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 workshop.
Financial Commitment:
The workshop charges are Kshs. 10,000. Charges will cater for the workshop 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 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 0729170478, or via email to Linet Andeyo at linet.andeyo@icpak.com with a copy to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

IPSAS Accrual Accounting - Nyanza Branch
2026-03-18 09:00 - 2026-03-24 15:30 | Nyamira-Guardian Hotel
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IPSAS Accrual Accounting – Nyanza Branch
Theme: Strengthening Public Financial Transparency Through IPSAS Accrual Accounting
Date: 18th – 19th March 2026
Time: 09.00am -3.30pm
Venue: Nyamira-Guardian Hotel
Overview
Public sector financial management is increasingly moving toward transparency, accountability, and improved decision-making. The adoption of International Public Sector Accounting Standards (IPSAS) on an accrual basis is a critical reform that enhances the quality, comparability, and credibility of public sector financial reporting.
While many public sector entities are transitioning from cash-based to accrual-based accounting, challenges remain in understanding IPSAS requirements, applying accrual concepts, and translating standards into day-to-day accounting practices.
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.
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 workshop is designed to strengthen technical capacity and practical understanding of IPSAS Accrual Accounting, with a focus on real-world application.
The following topics will be covered:
Foundations of IPSAS Accrual Accounting

Overview of IPSAS and the IPSASB framework
Cash vs. Accrual Accounting: Key differences and benefits
Conceptual Framework for General Purpose Financial Reporting
Recognition and measurement principles
Accounting for assets (property, plant and equipment, intangibles)
Group discussions and practical examples

Application and Financial Reporting

Common challenges, best practices, and implementation strategies
Accounting for liabilities, provisions, and contingent liabilities
Revenue and expense recognition under accrual IPSAS
Presentation of financial statements under IPSAS Accrual
Disclosures and notes to financial statements
Common implementation challenges and mitigation strategies
Case studies and practical exercises
Way forward and institutional action planning

Target Audience:
This workshop will be useful to professional Accountants and those aspiring to join the profession but more specifically:

Public sector accountants and finance officers
Internal and external auditors
Budget and planning officers
Treasury and financial management staff
Senior managers involved in financial reporting and oversight

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 workshop is mandatory 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,+254715897475, or via email to Martin Oriaro Imali at martin.oriaro@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

IPSAS Accrual Accounting Workshop- North Rift Branch
2026-03-18 09:00 - 2026-03-24 15:30 | Ateker Hotel Limited, Lodwar Turkana
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IPSAS Accrual Accounting Workshop (North-Rift Branch)
Theme: Advancing Public Financial Management through IPSAS Accrual Accounting
Date: 18th – 19th March
Time: 9.00AM – 4.00PM
Venue: Ateker Hotel Limited, Lodwar Turkana
Overview
Public sector entities globally continue to transition from cash-basis accounting to the International Public Sector Accounting Standards (IPSAS) Accrual basis to enhance financial transparency, accountability, comparability, and decision-usefulness of financial information.
In Kenya, this reform agenda gained significant momentum following the Cabinet approval in March 2024 of the transition from cash-basis to accrual-basis accounting with effect from 1 July 2024. This transition marks a critical milestone in public financial management reforms and places increased responsibility on accounting officers, finance teams, auditors, and oversight institutions to prepare and use accrual-based financial information.
While cash-basis accounting focuses on cash flows, it does not provide a comprehensive view of an entity’s financial position, assets, liabilities, commitments, and long-term obligations. Consequently, governments operating under cash basis often lack complete and up-to-date records of assets and liabilities, limiting fiscal transparency and informed decision-making. The adoption of IPSAS Accrual accounting addresses these limitations by recognizing transactions and events when they occur, rather than when cash is received or paid, thereby providing a more faithful representation of financial performance and position.
Topical areas are as follows:

Property, Plant and Equipment & Intangible Assets

Recognition and measurement of PPE (IPSAS 17)
Depreciation, revaluation, impairment, and derecognition
Intangible assets (IPSAS 31): identification and valuation

Revenue Recognition in the Public Sector

Revenue from exchange transactions (IPSAS 9)
Revenue from non-exchange transactions (IPSAS 23)
Grants, transfers, and conditional funding

Employee Benefits

Overview of IPSAS 39
Short-term, post-employment, and other long-term benefits
Recognition and measurement challenges

Leases – IPSAS 43

Right-of-use (ROU) asset and lease liability
Determining the lease term
Recognition criteria
Initial measurement of; ROU asset & Lease liability
Subsequent accounting; Depreciation of ROU assets & Interest and remeasurement of lease liabilities

Inventory – IPSAS 12

Scope
Recognition and measurement of inventory
Inventory valuation
Inventory control and verification
Presentation and disclosure requirements

Sustainability Reporting for the Public Sector

Target Audience
This workshop will be useful to all professional Accountants and those aspiring to join the profession, Compliance and Risk Management Officers, Internal and External Auditors.
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 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 0711 148569, or via email to Ann Chomba at ann.chomba@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates

Stakeholders Forum on UDIN - Virtual
2026-03-19 07:00 - 11:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Stakeholders Forum on UDIN
Date: 19th March 2026
Time: 7:00 am – 11:00 am
Venue: Virtual

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

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

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

Deferred Income & Taxation in the Public Sector

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

4. Leases (IPSAS 43)

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

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

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

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

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

Asset Management & Reporting-IPSAS45

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

Inventory management and stock taking

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

TARGET AUDIENCE
ICPAK Members ,Accountants in public sector ,Members of Boards in public corporations, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
YOUR FINANCIAL COMMITMENT
FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending all seminar sessions.
NITA REIMBURSEMENT
The Institute is registered as a trainer with the National Industrial Training Authority (NITA) The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only. To qualify you should apply to NITA for approval prior to the date of the seminar.
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

Webinar IFRS 15 - Revenue from contracts with customers
2026-03-24 16:00 - 18:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS 15 – Revenue from contracts with customers
Date: 24th March 2026
Time: 4.00pm-6.00pm
Venue: Virtual
Overview
Before IFRS 15 came into effect, revenue recognition in Kenya was guided by a patchwork of older standards—mainly IAS 11 (Construction Contracts) and IAS 18 (Revenue)—each with differing principles and inconsistent application across industries. This created challenges in comparability and interpretation, especially for entities with complex or long-term contracts.
The introduction of IFRS 15 – Revenue from Contracts with Customers, effective January 2018, revolutionized revenue recognition by introducing a single, principles-based model applicable to all industries. IFRS 15 established a clear five-step framework for recognizing revenue, ensuring that financial statements reflect the amount and timing of revenue that truly represents the transfer of goods or services to customers.
For Kenyan businesses, correct application of IFRS 15 is critical in promoting trust, consistency, and transparency among investors, lenders, regulators, and clients. The standard continues to be the cornerstone for how companies—from construction and telecommunications to financial services and technology—measure and report revenue from customer contracts. As entities integrate digital business models, performance-based contracts, and subscription services, revisiting IFRS 15’s requirements remain crucial for accurate reporting and compliance.
ICPAK has organized this webinar to discuss the following key areas:

Introduction to IFRS 15
The 5-step revenue recognition model
Types of contracts and transaction prices

Complex Contract Scenarios & Multi-Element Arrangements: Recognition challenges in bundled goods, services, and performance obligations.

Types of warranties under IFRS 15
Presentation and disclosure requirements

Variable Consideration & Revenue Estimation Updates: Latest guidance on handling discounts, rebates, and contingent payments.

Target Audience
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
CPD Units
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending each of the sessions.
Financial Commitment
The webinar charges are Kes. 1,000. Charges will cater for the course fees, learning 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 +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

IFRS Seminar (Mandatory Training) - Northern Kenya
2026-03-25 09:00 - 2026-03-26 15:30 | Palm Oasis (Formerly Almond Hotel), Garissa
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IFRS Seminar – Northern Branch
Date: 25th-26th March 2026
Venue: Palm Oasis (Formerly Almond Hotel, Garissa
(This is one of the mandatory trainings for practicing certificate consideration)
Overview
The International Financial Reporting Standards (IFRS) Seminar is designed to provide participants with a deep understanding of the globally recognized accounting standards and principles. IFRS is crucial for ensuring transparency and consistency in financial reporting, making this course essential for professionals seeking to enhance their financial reporting skills. IFRS’s application can become ever more complex and challenging if not kept up with.
Further, the IFRS landscape is constantly changing, and professionals are required to keep up to date. This arises from their continuously evolving where new accounting standards are released, existing ones are replaced or amended and new interpretations are made. Keeping up to date with these can be cumbersome and become a burden for an organization.
It is therefore beneficial for professionals to attend the IFRS Seminar allowing them interpret those updates, focus on the core change and amendments. The Seminar will offer latest IFRS developments/changes, practical application issues of existing standards and upcoming changes and provide in-depth analysis of the applicable standards.
Moreover, the IFRS convergence globally, is gaining pace at a rapid rate, for the preparation of financial statements. This includes both large corporates and medium-sized companies. Each year more and more countries are implementing IFRS. As a result of this acceptance of IFRS, more financial professionals are required to have a working knowledge of not only the fundamentals but also the detailed workings.
The sessions of the IFRS Seminar have been carefully tailored to meet the financial reporting requirements in view of the above developments, and business trends both locally and globally. The presentations will also provide critical perspectives on the reporting challenges because of the dynamic environments and the emerging developments in reporting under the IFRSs.
It is against this backdrop that ICPAK has organized this seminar. Key topical areas to be discussed are as follows:
IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information

Location of Disclosures
Timing of reporting
Comparative information
Statement of Compliance
Best practices in data collection

IFRS 7 – Financial Instruments: Disclosures

Risk disclosures (credit, liquidity, and market risks)
Fair value hierarchy and sensitivity analysis
Importance of transparency in financial instruments reporting

IFRS 9: Financial Instruments

Background and Overview
Major Fundamental Changes
Classification & Measurement Categories
Impairment
Hedge Accounting
Disclosures

IFRS 18: Presentation and disclosure in financial statements

Introduction & Context
General Presentation Requirements
Categorization in Profit or Loss
Management-Defined Performance Measures
Disaggregation Principles

IFRS 16: Leases

Objective of IFRS 16
Scope
Recognition Examples
Identifying a lease
Separating Components of a contact
Accounting for Leases
Sale and Leaseback Transactions
Disclosures

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 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 07232327885, 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.

The IFRS Seminar-mandatory training
2026-03-25 09:00 - 2026-06-30 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
The IFRS Seminar (Mandatory Training)
Date: 25th – 26th March 2026
Time: 9.00am-3.30pm
Delivery Mode: Virtual
Theme: Promoting Integrity and Comparability in Financial & Sustainability Reporting
(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

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 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.

IFRS Seminar- Mt Kenya Branch
2026-03-26 09:00 - 2026-03-27 15:30 | Mountain Breeze Hotel, Embu
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IFRS Seminar – Mt Kenya Branch
Date: 26th -27th March 2026
Time: 09.00am -3.30pm
Venue: Mountain Breeze- Embu
Overview
The International Financial Reporting Standards (IFRS) Seminar is designed to provide participants with a deep understanding of the globally recognized accounting standards and principles. IFRS is crucial for ensuring transparency and consistency in financial reporting, making this course essential for professionals seeking to enhance their financial reporting skills. IFRS’s application can become ever more complex and challenging if not kept up with.
Further, the IFRS landscape is constantly changing, and professionals are required to keep up to date. This arises from their continuously evolving where new accounting standards are released, existing ones are replaced or amended and new interpretations are made. Keeping up to date with these can be cumbersome and become a burden for an organization.
It is therefore beneficial for professionals to attend the IFRS Seminar allowing them interpret those updates, focus on the core change and amendments. The Seminar will offer latest IFRS developments/changes, practical application issues of existing standards and upcoming changes and provide in-depth analysis of the applicable standards.
Moreover, the IFRS convergence globally, is gaining pace at a rapid rate, for the preparation of financial statements. This includes both large corporates and medium-sized companies. Each year more and more countries are implementing IFRS. As a result of this acceptance of IFRS, more financial professionals are required to have a working knowledge of not only the fundamentals but also the detailed workings.
The sessions of the IFRS Seminar have been carefully tailored to meet the financial reporting requirements in view of the above developments, and business trends both locally and globally. The presentations will also provide critical perspectives on the reporting challenges because of the dynamic environments and the emerging developments in reporting under the IFRSs.
It is against this backdrop that ICPAK has organized this seminar. Key topical areas to be discussed are as follows:
IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information

Location of Disclosures
Timing of reporting
Comparative information
Statement of Compliance
Best practices in data collection

IFRS 7 – Financial Instruments: Disclosures

Risk disclosures (credit, liquidity, and market risks)
Fair value hierarchy and sensitivity analysis
Importance of transparency in financial instruments reporting

IFRS 9: Financial Instruments

Background and Overview
Major Fundamental Changes
Classification & Measurement Categories
Impairment
Hedge Accounting
Disclosures

IFRS 18: Presentation and disclosure in financial statements

Introduction & Context
General Presentation Requirements
Categorization in Profit or Loss
Management-Defined Performance Measures
Disaggregation Principles

IFRS 16: Leases

Objective of IFRS 16
Scope
Recognition Examples
Identifying a lease
Separating Components of a contact
Accounting for Leases
Sale and Leaseback Transactions
Disclosures

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 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 +254 743 207691, or via email to Lisbeth Gakii at lisbeth.gakii@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

PFM and IPSAS Accrual Seminar - Coast Branch
2026-03-26 09:00 - 2026-03-30 17:30 | The Avid Hotel, Nairobi /Mombasa Highway, Voi
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
PFM and IPSAS Accrual Seminar – Coast Branch
Date: 26th-27th March 2026
Time: 09.00am -3.30pm
Venue: The Avid Hotel, Nairobi /Mombasa Highway, Voi
Theme: Strengthening Public Sector Accountability through Enhanced Financial Reporting Practices
Overview
In a period where financial accountability and transparency are increasingly critical, the adoption of International Public Sector Accounting Standards (IPSAS) has become essential for strengthening Public Financial Management (PFM). In Kenya, the Government has implemented various reforms aimed at enhancing public finance management. With the introduction of the devolved system of government, a new dimension of PFM has emerged, bringing with it additional challenges related to human resources, institutional structures, and operational frameworks. This workshop is designed to offer a comprehensive overview of IPSAS and their integration into PFM practices, with the goal of improving financial reporting and governance across public sector institutions.
The workshop also provides an important platform for public sector professionals to strengthen their competencies in financial management and reporting. By deepening understanding of IPSAS and encouraging the adoption of best practices in PFM, the programme seeks to promote greater financial transparency, accountability, and operational efficiency within public entities. The following topics will be addressed:

Principles of Public Financial Management in Kenya
County Own Source Revenue: County Government Revenue Raising Process Bill
Emerging issues arising from Office of the Auditor General audit reports
Public procurement and payment for goods and services

Pending bills
Challenges encountered
Effects of non-compliance

Linkages between budgeting and procurement and their impact on cash flows
Adoption of IPSAS in Kenya

Transition to IPSAS accrual basis
IPSAS 1 -Presentation of financial statements

IPSAS 45: Property, Plant and Equipment

Initial recognition
Subsequent measurement, including the optional revaluation model
Depreciation
Accounting treatment of infrastructure and heritage assets

Principles of Public Financial Management in Kenya
The budget-making process in Kenya—county and national budgets

Performance-based budgeting and results-oriented PFM
Incorporating performance indicators to monitor efficiency in public expenditure
Challenges associated with transitioning from line-item budgeting 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 workshop.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the workshop 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 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 0732352476 , or via email to Ainan Mohamed at ainan.mohamed@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Tax Baraza and Updates on Tax Ecosystem Transformation webinar
2026-03-26 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Event: Tax Baraza and Updates on Tax Ecosystem Transformation
Date: 26th March 2026
Time: 4-6pm
CPD: 2hrs

THE 10TH NORTHERN BRANCH ANNUAL MEMBERS’ MEETING - Virtual Attendance
2026-03-27 09:00 - 11:00 | online
Notice is hereby given that the 14th Annual Members Meeting (AMM) for Northern – Branch will be held on Friday 27th March 2026 from 9:00am to 11:00am in Garissa. Kindly confirm your attendance by booking online under special events category. The event is free and members in attendance shall be awarded 2 CPD Hours.
The positions declared vacant are due for nomination and the nomination forms can be downloaded from the link below. Interested members are requested to send dully filled nomination form to branches@icpak.com by close of business Thursday 12th March 2026.
Note:

Aspirants shall adhere to the Branch Governance Policy as follows:
Subsection 7.0.3 that aspirants shall be members of ICPAK in good standing, subscribed to the branch and residing and working in any of the counties within the branch. Only members registered with the branch 30 days to the AMM will be eligible to vie and/or vote for the positions above.
Subsection 7.0.3.1 that an aspirant in the given elective post shall be proposed by one member and seconded by one other member. Members proposing and seconding must be subscribed to the branch and in good standing.
Subsection 7.0.3.3 that Validly nominated candidates shall subscribe to the Institute Election Code of ethics.
Voting shall be done online as per the voters’ register drawn from members in (1) above.
Please note the following key dates as appertains the branch elections:

Submission of nomination forms: 12th March 2026
Clearing of candidates: 16th March 2026
Campaign period: 17th – 24th March 2026 midnight.
Sending Tokens 23rd March 2026
Voting/Election Period 25th – 27th March 2026 10:00am.
Tallying and Announcement on the AMM on 27th March 2026

AMM Documents: https://www.icpak.com/resource/the-10th-northern-branch-annual-members-meeting/

THE 10TH NORTHERN BRANCH ANNUAL MEMBERS’ MEETING - Physical Attendance
2026-03-27 09:00 - 2026-03-31 11:00 | Garissa, Garissa, Garissa

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

DAY
MODULE
TOPICS

DAY 1
Grants Landscape & the Grant Lifecycle

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

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

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

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

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

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

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

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

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

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

ESG Considerations for NPOs – Applying IFRS Sustainability Disclosure Concepts

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

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

Category
Charges Physical

Associate Members
Kes 40,000 per Delegate

Full Members
Kes. 45,000 per Delegate

Non-Member
Kes. 50,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for seminar is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on interested participants to note that booking for the event is available online at www.icpak.com and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the seminar. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

ISA for less complex entities webinar
2026-03-31 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA for less complex entities
Date: 31 March 2026
Time: 04.00pm-06.00pm
Venue: Virtual Delivery
Overview
Large complex organizations typically require a more in-depth application of these full ISAs given their scope of business and applicability. However, many small and medium-sized enterprises (SMEs) and less complex entities (LCEs) often face challenges in applying full ISAs in a way that suits their unique structures and needs.
The introduction of the International Standards on Auditing (ISA) for less complex entities (LCEs) is a response to the growing recognition that smaller and less complex organizations face unique challenges in complying with full ISAs. These standards are intended to reduce the burden of compliance while maintaining the integrity and quality of audits.
This course is designed to help auditors understand and apply ISA specifically tailored for Less Complex Entities (LCEs). It aims to bridge the gap between the International Standards on Audits (ISA) and the operational realities of SMEs.
The following topics will be covered:

Introduction to ISA for Less complex entities

Background
The rationale for ISA for Less complex entities
Public interest overriding consideration

Differences between ISA for Less complex entities and existing ISAs
Core concepts of ISA for Less Complex entities

Fundamental Concepts, General Principles and Overarching Requirements
Audit Evidence and Documentation
Engagement Quality Management
Acceptance or Continuance of an Audit Engagement and Initial Audit Engagements
Planning
Risk Identification and Assessment
Responding to Assessed Risks of Material Misstatement
Concluding
Forming an Opinion and Reporting
Audits of Group Financial Statements

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

Auditors working with small and medium-sized entities (SMEs) and less complex entities (LCEs).
Audit firms seeking to enhance their audit practices for smaller clients.

Professionals involved in the development, implementation, and application of auditing standards for SMEs.

Accounting and auditing students who aim to specialize in auditing LCEs
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

YOUR FINANCIAL COMMITMENT
Charges for the training will be Kes 1,000/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending all sessions.
ONLINE BOOKING:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
NITA REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

The 7th External Audit Practitioners Forum (Mandatory Training)
2026-04-01 09:00 - 2026-07-31 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
The 7th External Audit Practitioners Forum (Mandatory Training)
Date: 1st-2nd April 2026
Time: 09.00am-03.30pm
Venue: Virtual
This is one of the Mandatory Trainings for practicing certificate consideration
Overview
External audit plays a critical role in enhancing public trust, strengthening governance, and ensuring the integrity of financial reporting across all sectors. In today’s environment, auditors are expected to go beyond traditional compliance approaches and adopt a strategic, risk-focused, and value-driven methodology. The profession is shaped by regulatory reforms, complex business models, digitization, sustainability considerations, and increasing stakeholder demands for transparency and accountability.
Modern audit practice requires professionals who exercise sound judgment, uphold ethical standards, and maintain strong quality management frameworks. Auditors must anticipate emerging risks, leverage technology and data analytics, and deliver assurance that supports governance, organizational resilience, and informed decision-making. Continuous professional development is therefore essential to navigate evolving standards, reporting requirements, and heightened expectations around skepticism, documentation, and independence.
The Forum will equip practitioners with advanced insights, technical expertise, and practical tools to excel in this demanding environment. The forum covers quality management systems, risk-based audit planning, ethical considerations, technology-driven audit methodologies, regulatory updates, ESG reporting, and lessons from common audit deficiencies. Participants will gain practical guidance to enhance the effectiveness and efficiency of engagements while complying with local and global standards.
As external auditing safeguards the public interest, auditors must be future-oriented, ethically grounded, and aligned with international best practices. This forum provides a platform for engagement with peers, regulators, and thought leaders, fostering knowledge exchange and strengthening the ability to deliver high-quality, value-adding audits that reinforce the credibility of the profession.
The virtual symposium will highlight key aspects relating to the following:

Audit Quality and Regulatory Developments

Updates from IAASB, IFAC, and local regulators
• Expectations under ISQM 1 & ISQM 2
• Key lessons from recent reviews and inspections
• Practical implications for audit firms and engagement teams
• Common deficiencies and how to address them

Risk-Based Audit Planning and Execution

Identifying and responding to significant risks
• Designing evidence-based, risk-focused procedures
• Applying professional skepticism throughout the audit cycle
• Audit documentation and working paper considerations
Coordination of team responsibilities and supervision

Ethics, Independence, and Professional Judgment

Deep dive into the IESBA Code of Ethics
• Managing threats, safeguards, and complex ethical dilemmas
• Strengthening independence and objectivity in practice
• Ethical decision-making in high-risk scenarios
• Role of professional judgment in audit conclusions

Technology and Data Analytics in Auditing

Using data analytics in risk assessment and testing
• Automation, AI, and digital tools in modern audit practice
• Understanding IT controls and cybersecurity implications
• Integrating technology into audit evidence gathering
• Data quality and integrity considerations

Impact of Sustainability and ESG Reporting on Audit Practice

ESG and sustainability reporting considerations
• Overview of IFRS S1 & S2 sustainability disclosure standards
Challenges in auditing non-financial and ESG data
Integrating ESG considerations into audit risk assessments
Emerging assurance standards for sustainability reporting

Sustainability Assurance Engagements

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

Target Audience:
Private and Public Audit Practitioners, Public Sector Accountants, Chief Finance Officers, Finance Directors and Managers, Tax Experts, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Extractive and SMEs sector accountants, Internal Auditors, Tax Practitioners, Professionals working in County Governments and private sectors, Academia, employees of the NPO Sector.
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 Conference sessions.
Cost:
Charges for the training will be Kes10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on symposium 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.

ISA 315-Risk Of Material Misstatements webinar
2026-04-07 16:00 - 18:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA 315-Risk Of Material Misstatements webinar
Date: 7th April 2026
Time: 4:00-6:00PM
Venue: Virtual
Overview
Today the audit landscape is experiencing unprecedented changes characterized by complex business models, rapid digital transformation, heightened fraud risks and growing regulatory scrutiny. Despite these changes, it is imperative to underscore the fact that the ability of an auditor to effectively identify and assess risks of material misstatement is the foundation of audit quality. At the heart of this process lies ISA 315 (Revised), the standard that governs how auditors understand entities, their environments, and related risks.
This 2-hour practical webinar is designed to provide audit practitioners with a clear, applied, and contemporary understanding of ISA 315, with emphasis on its revised requirements, enhanced risk assessment procedures, and stronger linkage between risk identification and audit responses.
The session will examine how auditors are expected to:

Develop a deep understanding of the entity and its environment
Evaluate information systems and internal controls
Identify and assess inherent and control risks
Incorporate the impact of technology, automation, and digital systems
Strengthen professional skepticism and fraud risk assessment

Particular focus will be placed on practical application, including documentation expectations, common inspection findings, and how weak risk assessment directly undermines audit quality. The webinar will also highlight regulatory and practice challenges within the Kenyan context, helping practitioners align with both international standards and local oversight expectations.
By the end of the session, participants will have enhanced confidence in applying ISA 315 effectively, strengthening audit planning, improving audit responses, and delivering higher-quality, risk-focused assurance engagements.
Target Audience
This training is not limited to accountancy 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 2 CPD units upon successfully attending all conference sessions.
Financial Commitment:

Category
Charges Physical
Virtual

Associate Members

Kes. 1,000

Full Members

Kes. 1,000

Non-Member

Kes. 1,000

Note: This is virtual training and therefore training materials, meals and other related provisions are not required.
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 to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Income Tax and Indirect Taxes Seminar -mandatory training
2026-04-08 09:00 - 2026-05-31 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Income Tax and Indirect Taxes Seminar-Mandatory Training
Date: 8th – 9th April 2026
Time: 9:00 AM – 3:30 PM
Mode of Delivery: Virtual
(This is one of the mandatory trainings for practicing certificate consideration)
Overview
The ever-changing economic environment, bearing on the Government’s imperatives for revenue, coupled with changes in the global tax environment and advances in the use of technology to administer taxes, continues to redefine the taxation environment in Kenya. The recently enacted amendments to income tax and indirect tax laws have greatly impacted the way business, individuals, and professionals perform their financial reporting and compliance obligations. As the Kenyan government increases its tempo in implementing tax reforms to raise revenue mobilization, especially from domestic sources, taxpayers are increasingly required to demonstrate unprecedented levels of tax literacy, compliance, and moral obligation. In this respect, targeted capacity building for accounting and finance professionals is increasingly warranted to equip them with updated knowledge and practical insights into the changing tax framework.
ICPAK intends to hold a seminar that brings together tax practitioners, accountants, auditors, finance professionals, policymakers, and industry players to discuss emerging developments in income and indirect taxes. The forum will enable review of recent changes in legislation, administrative guidelines, judicial decisions, and best practices on how to plan for and comply with taxes. It shall also provide participants with an opportunity to discuss with experts’ practical challenges that affect business pertaining to, among other areas, tax risk management, tax audits, digital taxation, cross-border taxation challenges, and the shifting landscape of tax policy relative to business sustainability and economic growth.
One key focus will be the recent changes in tax legislation. The seminar will also dig into the complex topic of transfer pricing, focusing on the impact of these regulations on multinational corporations and how businesses can align their policies with international guidelines such as the BEPS (Base Erosion and Profit Shifting) framework. Participants will receive practical guidance on managing transfer pricing risks and ensuring compliance with global standards.
In addition to income tax, the seminar will cover key issues in indirect taxes, starting with the evolving landscape of Value Added Tax (VAT). The session will address the latest updates in VAT regulations, compliance and opportunities for businesses to manage VAT refunds and audits effectively. Further discussions will cover the administration of excise taxes, particularly in light of emerging trends in digital goods and services, as well as the broader impact of excise duties on business profitability.
This seminar will equip participants with the knowledge and tools to navigate the complexities of income and indirect taxes while ensuring compliance and identifying tax planning opportunities.
Target Audience
This virtual symposium will be useful to all professional Accountants and other professionals interested in taxation.
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 virtual symposium.
Financial Commitment
The symposium 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, +254 719 074 100,/0719 074 221 or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

THE 16TH WESTERN BRANCH ANNUAL MEMBERS MEETING AND BRANCH ELECTIONS Virtual Attendance
2026-04-10 14:00 - 17:30 | Online
Notice is hereby given that the 16th Annual Members Meeting (AMM) of the Western Branch will be held on Friday, 10th April 2026, from 2:00p.m. to 5:30p.m, in Bungoma. Kindly confirm your attendance by booking online under special events category. The event is free and members in attendance shall be awarded 2 CPD Hours.
The positions declared vacant are due for nomination and the nomination forms can be downloaded from the link below. Interested members are requested to send duly filled nomination forms to branches@icpak.com by close of business Wednesday, 25th March 2026. The nomination form is attached herewith.
NOTE:

The Branch Governance Policy provides the following:

Sub-section 7.0.4 – To be eligible to contest for the position of Branch Chairman or Vice Chairman, one must have been a member of the Institute for not less than three years and must have also served the Branch Executive Committee for at least one year.
Subsection 7.0.3 – Aspirants shall be members of ICPAK in good standing, subscribed to the branch and residing and working in any of the counties within the branch. Only members registered with the branch 30 days to the AMM will be eligible to vie and/or vote for the positions above.
Subsection 7.0.3.1 – An aspirant for any elective post shall be proposed by one member and seconded by one other member. Members proposing and seconding must be subscribed to the branch and in good standing.
Subsection 7.0.3.3 – Validly nominated candidates shall subscribe to the Institute Election Code of ethics.

Voting shall be done online as per the voters’ register drawn from members in 1(b) above.
Please note the following key dates as appertains the branch elections:

Submission of nomination forms: 25th March 2026
Clearing of candidates: 31st March 2026
Campaign Period: 31st March 2026 – 7th April 2026 11:59PM.
Sending Tokens: 6th April 2026
Voting/Election Period: 8th – 10th April 2026 at noon
Tallying and Announcement on the AMM:10th April 2026.

AMM Documents: https://www.icpak.com/resource/the-16th-western-branch-annual-members-meeting-and-branch-elections/

THE 16TH WESTERN BRANCH ANNUAL MEMBERS MEETING AND BRANCH ELECTIONS Physical Attendance
2026-04-10 14:00 - 2026-04-14 17:00 | Hunters Paradise Cottages, Bungoma
