ICPAK

IPSAS Accrual Accounting Workshop- North Rift Branch
2026-03-18 09:00 - 2026-03-24 15:30 (Europe/Moscow) | 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 - 2026-04-09 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 - 2026-04-09 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 Physical Attendance
2026-04-10 14:00 - 17:00 | Hunters Paradise Cottages, Bungoma
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 Virtual Attendance
2026-04-10 14:00 - 17:30 | Online

Anti Money Laundering (AML) training for practitioners focusing on AML program development.
2026-04-10 15:00 - 17:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Anti Money Laundering (AML) training for practitioners focusing on AML program development
Date: 10th April 2026,
Time: 3:00 PM to 5:00 PM
Delivery Mode: Virtual
Concept:
A practical session on developing AML/CFT/CPF policies and procedures, with emphasis on translating regulatory requirements into actionable processes such as customer due diligence, monitoring, reporting, PEP/sanctions screening, and record-keeping to support effective implementation and ongoing compliance.
Target Audience:
This virtual webinar is very useful to Practitioners.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending the session.
Your Financial Investment:
Charges for the webinar will be Kes Nil.
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to compliance@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

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

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

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

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

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

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

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

TARGET AUDIENCE:
Board Members, Board Chairpersons, Board Committee Members and Committee Chairpersons, Board Secretaries, CEOs, Senior Management supporting boards and committees, Aspiring Board Members, Business Owners, Academia and Entrepreneurs.
YOUR INVESTMENT:
This Masterclass shall be provided at a cost of KSh.95,000.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Master Class.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close 24 hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY and available online at www.icpak.com/events , you can also reach us through 0719074100 or email us through marketing@icpak.com
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website www.nita.go.ke

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

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

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

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

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

Developing resilience- Mental health for professionals

FINANCIAL COMMITMENT:

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the 2026 Practical Ethics & Compliance Seminar.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

IFRS 9 - Financial Instruments webinar
2026-04-14 16:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS 9 – Financial Instruments
Date: 14th April 2026
Time: 04.00pm-06.00pm
Venue: Virtual Delivery
Overview
IFRS 9 Financial Instruments represents one of the most significant changes in financial reporting standards, as it replaced IAS 39 and introduced a forward-looking, principles-based framework for classification, measurement, impairment, and hedge accounting. Since its adoption, many organizations continue to face challenges implementing its requirements particularly in the areas of expected credit loss (ECL) modeling, financial asset classification, and disclosures.
Given the dynamic economic environment, evolving regulatory expectations, and increased emphasis on credit risk management, it is essential for finance professionals, auditors, regulators, and risk managers to deepen their understanding of IFRS 9 and its practical application. This webinar is designed to address these needs.

Overview of IFRS 9 Framework

Scope and definitions
Comparison with IAS 39

Classification and Measurement

Business model assessment
SPPI (Solely Payments of Principal and Interest) test
Fair value vs amortized cost measurement

Impairment under IFRS 9

Expected Credit Loss (ECL) model
Three-stage approach
Quantitative and qualitative indicators for SICR
Forward-looking information and macroeconomic overlays

Hedge Accounting Requirements

Types of hedging relationships
Eligibility and documentation

Disclosure Requirements

Enhanced risk disclosures
Credit risk and liquidity risk reporting

Implementation Challenges and Case Studies

Data limitations
Modelling complexities
Regulatory considerations
Best practices and lessons learned

TARGET AUDIENCE
This webinar will be useful to professionals in the finance and accounting sectors 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 successful 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. Delegates are reminded to note that online booking for training sessions is mandatory.
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.

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

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

Target Audience:
This forum is designed for professionals from all industries and experience levels who are looking to improve their ability to manage stress and build resilience in their careers
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending and participating in the forum.
Financial Commitment:
The workshop charges are Kes. 2,000. Charges will cater for the forum fees, learning materials, and e-certificates of attendance
Online Booking:
We call on Webinar participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

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

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

Target Audience:
This forum is designed for professionals from all industries and experience levels who are looking to improve their ability to manage stress and build resilience in their careers
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending and participating in the forum.
Financial Commitment:
The workshop charges are Kes. 2,000. Charges will cater for the forum fees, learning materials, and e-certificates of attendance
Online Booking:
We call on Webinar participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

THE 16TH NORTH RIFT ANNUAL MEMBERS MEEETING AND BRANCH ELECTION Physical Attendance
2026-04-17 14:00 - 17:30 | Manasha Hotel & Resort, Iten, Kenya
Notice is hereby given that the 16th Annual Members Meeting (AMM) of the North Rift Branch will be held on Friday, 17th April 2026, from 2.00 pm to 5.30 pm, in Elgeyo Marakwet. 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 Thursday 2nd April 2026. The nomination form is attached herewith.
Note:

The Branch Governance Policy provides under;

Sub-section 7.0.4 – that 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 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 (1a) above.
Please note the following key dates as appertains the branch elections:

Submission of nomination forms: 2nd April 2026
Clearing of candidates: 6th April 2026
Campaign period: 7th – 14th April 2026 11.59pm.
Sending Tokens 13th April 2026
Voting/Election Period 15th – 17th April 2026 12.00 noon.
Tallying and Announcement on the AMM on 17th April 2026

AMM Documents: https://www.icpak.com/resource/the-16th-north-rift-annual-members-meeeting-and-branch-election/

THE 16TH NORTH RIFT ANNUAL MEMBERS MEEETING AND BRANCH ELECTION Virtual Attendance
2026-04-17 14:00 - 17:30 | Online

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

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

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

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

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

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

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

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

Theme 2: Risk, Resilience & Decision-Making

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

Theme 3: Financial Stewardship & Accountability

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

Theme 4: Change, Digital Transformation & Stakeholder Engagement

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

Theme 5: Sustainability, ESG & Public Value

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

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

Category
Charges Physical

Associate Members
Kes 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Member
Kes. 74,000 per Delegate

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

CPD UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Convention.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY and is available online at www.icpak.com/events.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

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

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

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

IFRS 15- Revenue from Contracts with customers

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

IFRS 18 – Presentation and disclosure of financial statements

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

Day 2

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

IFRS S2
IFRS S2: Climate-related disclosures

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

Day 3

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

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

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

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

Day 4

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

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

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

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

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

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

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

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

Category
Charges Physical

Associate Members
Kes 54,000 per Delegate

Full Members
Kes. 59,000 per Delegate

Non-Member
Kes. 64,000 per Delegate

Accommodation
Delegates are advised to make own travel and accommodation arrangements

**Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the event.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY. This is available either online at www.icpak.com/events , you can also reach us through marketing@icpak.com
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
SPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION
The Financial Reporting week attracts over 400 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com. Other requests for information can be channeled to us via telephone on +254 0719 074 100.
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

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

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

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

IFRS 15- Revenue from Contracts with customers

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

IFRS 18 – Presentation and disclosure of financial statements

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

Day 2

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

IFRS S2
IFRS S2: Climate-related disclosures

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

Day 3

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

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

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

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

Day 4

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

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

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

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

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

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

TARGET AUDIENCE:
Board Members, Private and Public Sector Accountants, Chief Finance Officers, Finance Directors and Managers, Corporate reporting Experts, Transaction Advisors, Pension Scheme Administrators, Fund Managers, Engagement Partners and Key Audit staff, Banking, Extractive and SMEs sector accountants, Auditors, Practitioners, Heads of Internal Audit and Assurance functions, Professionals working in County Governments, Anyone interested in gaining a practical overview of Sustainability Reporting, Audit Committee Members.
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

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

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

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

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the event.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY. This is available either online at www.icpak.com/events , you can also reach us through marketing@icpak.com
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
SPONSORSHIP OPPORTUNITIES & ADDITIONAL INFORMATION
The Tax Convention attracts over 400 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com. Other requests for information can be channeled to us via telephone on +254 0719 074 100.
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

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

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

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

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

Developing Internal Audit Frameworks

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

DAY 2

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

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

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

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

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

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

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

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

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

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

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

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

TARGET AUDIENCE:
ICPAK Members, Internal Auditors, Board Directors, Professionals working in different sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
This Master Class is one of the mandatory trainings for Practicing Certificate consideration. It is also open to all Internal Audit Professionals, Audit Committee Members, Senior Management of Organizations, CEOs and Boards.
YOUR INVESTMENT:
This Master Class shall be provided at a cost of Kes.95,000 per delegate. The cost caters for seminar fees, seminar giveaways and learning materials and a hard copy certificate of attendance. Delegates are encouraged to make own travel and accommodation arrangements.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Master Class.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is MANDATORY. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com
