ICPAK

ICPAK 48TH ANNUAL GENERAL MEETING - Physical Attendance
2026-06-05 10:00 - 16:00 (Europe/Moscow) | Safari Park Hotel & Casino, Thika Road, Nairobi

Risk registers development Practical course
2026-06-09 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Risk registers development practical course Webinar
Theme- Strengthening Governance Through Effective Risk Registers
Date: 9th June 2026
Time: 04.pm-06.00pm
Delivery Mode: Virtual
Overview
Risk registers are a critical component of effective risk management and organizational governance. They provide a structured and proactive method for identifying, analyzing, prioritizing, and monitoring risks that may impede the achievement of strategic and operational objectives. A well-prepared risk register enhances transparency, facilitates accountability by assigning risk ownership, and supports the tracking of mitigation actions. This process strengthens decision-making, promotes robust governance practices, and fosters a culture of preparedness and resilience.
An effective risk register goes beyond recording risks. It should be constructed on a framework that classifies risks into categories, applies clear assessment criteria such as likelihood and impact, and links each risk to appropriate mitigation measures and controls. To remain relevant, the risk register must be dynamic, evolving with changes in both internal processes and the external environment. Integrating the risk register within an Enterprise Risk Management (ERM) framework ensures alignment with strategic goals, regulatory compliance, and institutional accountability.
In today’s complex operating environment, risks are interconnected, including cybersecurity, regulatory changes, ESG requirements, and reputational factors. Treating risks in isolation can leave organizations exposed to cascading effects. Modern approaches encourage the use of technology-enabled solutions, such as Governance, Risk, and Compliance (GRC) platforms, which support real-time monitoring, scenario analysis, and informed decision-making.
The Institute of Certified Public Accountants of Kenya (ICPAK) finds it necessary to conduct this webinar to equip members with practical insights and skills to utilize risk registers effectively in governance, oversight, and decision-making processes.
The webinar will cover the following areas;

Introduction to Risk Registers

Purpose, governance role, and relevance for boards and management

Core Components of a Risk Register

Risk description, categories, ownership, controls, and mitigation strategies

Risk Identification Techniques and Stakeholder Engagement
Risk Classification and Significance

Strategic, operational, financial, compliance, reputational, and emerging risks

Effective Risk Assessment and Prioritization

Likelihood, impact, velocity, and interdependencies

Practical Walkthrough of a Risk Register from end to end

Target Audience:
This webinar will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPDs):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 1,000. Charges will cater for the webinar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the webinar is mandatory on Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update.

Financial Reporting Seminar - mandatory training
2026-06-10 09:00 - 2026-08-31 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Financial Reporting Seminar
Theme: Emerging Trends and Innovations in Financial Reporting
Date: 10th – 11th June 2026
Time: 9.00 AM-15.30PM
Venue: Virtual Symposium
(This is one of the mandatory trainings for practicing certificate consideration)
Overview
In an increasingly complex business environment, high quality financial reporting is essential for transparency, accountability, and informed decision-making. Organizations are expected to demonstrate not only financial sustainability but also compliance with evolving accounting standards, regulatory requirements, and stakeholder expectations. However, many finance and accounting professionals face challenges in interpreting new standards, applying best practices, and preparing reports that meet both local and international expectations. 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 financial reporting 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.
This two-day Financial Reporting Seminar is designed to strengthen participants’ capacity in preparing, analyzing, and presenting financial information in line with global best practices such as International Financial Reporting Standards (IFRS). The seminar will offer practical, hands-on learning, enabling participants to enhance their technical skills and contribute to improved financial governance within their institutions. The following topics will be covered:

IFRS 18 & Transition from IAS 1: Presentation and Disclosure in Financial Statements
IFRS 13: Fair Value Measurement
IFRS 19: Subsidiaries without Public Accountability
IFRS 9- Financial Instruments
IFRS 15: Revenue recognition
IFRS 16: Lessee Accounting
IFRS S1 (General Requirements for Disclosure of Sustainability-Related
Financial Information) & IFRS S2 (Climate-Related Disclosures)
INPAS- International Non- Profit Accounting Standard

TARGET AUDIENCE:
This course will be useful to professionals in financial reporting and specifically:

Accountants and finance officers
Internal and external auditors
Financial managers and controllers
Grant/project accountants
Budget and planning officers
Compliance and governance personnel
Senior managers responsible for financial oversight

YOUR FINANCIAL COMMITMENT
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured 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.

Branch Regional Summit Mt Kenya Branch
2026-06-11 09:00 - 2026-06-12 15:30 | Nokras Riverine Hotel, Murang’a
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Branch Regional Summit – Mt Kenya Branch
Theme: Advancing Leadership Excellence and Professional Accountancy for Sustainable Growth
Date: 11th-12th June 2026
Venue: Nokras Riverine Hotel-Muranga
Time: 09.00am-03.30pm
Overview
The global business and regulatory landscape is undergoing rapid transformation driven by technological advancements, sustainability and ESG expectations, regulatory reforms, evolving stakeholder demands, and increasing emphasis on governance and accountability. These shifts are redefining how organizations operate and placing new expectations on leaders and professionals alike.
In response to these changes, organizations require leaders who are not only technically competent but also adaptive, innovative, and ethical, capable of navigating uncertainty while maintaining institutional resilience and public trust. Leadership today demands strategic thinking, sound decision making, and the ability to respond effectively to complex and dynamic environments.
Within this evolving context, the accountancy profession is experiencing significant transformation. Professional accountants are no longer limited to traditional roles but are increasingly expected to serve as strategic advisors, governance champions, and drivers of organizational performance. This expanded role calls for a strong combination of leadership capability, professional expertise, ethical judgment, communication skills, and a deep understanding of emerging trends shaping both the profession and the broader business environment.
Strengthening these competencies is essential for enhancing governance, improving institutional performance, and positioning organizations and the profession to respond effectively to future opportunities and challenges.
The Mt. Kenya Branch Annual Summit therefore provides a strategic platform for members and stakeholders to engage on these contemporary issues affecting leadership, governance, and the accountancy profession. The summit seeks to promote knowledge sharing, professional development, peer engagement, and practical learning through interactive discussions, experience sharing, and expert insights.
In line with its mandate to develop and support the accountancy profession and promote high standards of professional competence, governance, and ethical practice, the Institute of Certified Public Accountants of Kenya (ICPAK), through the Mt. Kenya Branch, has organized this summit to equip members with practical knowledge, leadership insights, and an understanding of emerging professional trends necessary for effective leadership and professional excellence.
Summit Focus Areas
To address the evolving demands of the profession and the leadership expectations in today’s environment, the summit will focus on the following key thematic areas:

The Future of the Accountancy Profession

Emerging trends shaping the profession
The evolving role of professional accountants
Sustaining professional relevance in a dynamic environment

Leadership Excellence in a Changing Business Environment

Adaptive and transformational leadership
Strategic leadership and decision making
Leading organizations through uncertainty and change

Ethical Leadership, Governance, and Accountability

Ethical leadership in the modern workplace
Strengthening governance and accountability structures
Building institutional integrity and public trust

Technology, Innovation, and Digital Transformation

The impact of technology on finance and accounting
Digital transformation and automation
Leveraging innovation for organizational efficiency

Sustainability, ESG, and Integrated Thinking

Sustainability reporting and ESG developments
Integrating sustainability into decision making
The role of accountants in sustainable development

Personal Leadership, Mental Wellness, and Professional Resilience

Building personal effectiveness and resilience
Promoting mental wellness in professional environments
Enhancing work life integration and productivity

Professional Growth, Networking, and Emerging Opportunities

Career growth and leadership development
Building professional networks and collaborations
Identifying emerging opportunities for accountants and finance professionals

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.

Budget Review and Analysis Seminar (physical option)
2026-06-12 09:00 - 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Budget Review & Analysis Seminar (physical option)
Date: 12th June 2026
Time: 09.00-11.30am
Venue: ICPAK Auditorium, CPA Centre
Overview
The national budget serves as a strategic blueprint outlining the Government’s revenue projections and expenditure plans for the fiscal year, and remains a critical instrument for economic management, resource allocation, and policy prioritization. The FY2025/26 Budget has been formulated against a backdrop of persistent domestic and global economic challenges, including inflationary pressures, elevated debt-servicing costs, and constrained fiscal space, alongside emerging macroeconomic opportunities.
The 2026/27 budget is structured around key economic and social sectors that drive national development, with allocations reflecting government priorities under the Bottom-Up Economic Transformation Agenda (BETA).
The National Treasury has proposed Kshs 4.78 trillion budget for FY 2026/27, equivalent to 23% of GDP. This comprises recurrent expenditure of Kshs. 3,538.7 billion, development expenditure of Kshs. 749.0 billion and transfers to county governments of 495.7 Billion.
According to the Budget Policy Statement 2026, the fiscal deficit including grants is expected to reach Kshs 1,115.8 billion (5.3% of GDP) in FY 2026/27, from the projected deficit of KSh 1,140.7 billion (6.0% of GDP) in FY 2025/26. This will be financed through net external borrowing amounting to KSh 225.5 billion (1.1% of GDP) and net domestic financing of KSh 890.4 billion (4.2% of GDP).
The proposed expenditure is distributed across three broad segments of government spending, with the national government sector (Executive, Parliament and Judiciary) receiving Kshs 2.817 trillion. Education remains the largest sectoral allocation, increasing from Kshs. 754.9 billion in 2025/26 to Kshs. 780 billion in 2026/27, representing a moderate 4%. Infrastructure development, particularly through the Ministry of Roads and Transport, follows closely with an allocation of KSh 312 billion. This highlights sustained investment in connectivity and logistics as key enablers of economic growth.
The health sector also records a significant expansion, with the State Department for Medical Services increasing from KSh 105.95 billion in 2025/26 to KSh 132.97 billion in 2026/27, representing a 25.5% increase. This growth is largely driven by expanded investments in national referral services, health products and technologies, and social protection in health.
Recent economic data indicates that Kenya’s economy expanded by 4.9% year-on-year in Q3 2025, driven largely by resilience in the agriculture and construction sectors. This growth has been achieved despite significant public debt repayment obligations and ongoing fiscal consolidation efforts.
Notwithstanding the growth momentum, the economy continues to face structural challenges, including underperforming revenue collection, high public debt levels, and persistent cost-of-living pressures. Revenue targets have, in recent years, fallen short of projections, while interest payments continue to consume an increasing share of tax revenues—highlighting ongoing public finance management constraints.
It is against this evolving economic landscape that ICPAK convenes the Budget Review & Analysis Seminar – Current State of Affairs, aimed at providing a timely and in-depth analysis of the country’s fiscal position, budget implementation realities, and the implications of recent policy and legislative changes on taxation, public financial management, and overall economic performance.
The seminar will address the following key thematic areas:
• Macroeconomic Performance & Outlook: Economic growth, inflation trends, employment, and sectoral performance.
• Revenue Mobilization & Tax Policy Changes: Recent developments in tax policy, administration, and compliance strategies.
• Fiscal Framework, Budget highlights and Public Expenditure Priorities: Analysis of budgetary allocations to key sectors, including education, health, infrastructure, counties, and social protection.
• Public Debt Dynamics & Fiscal Sustainability: Trends in debt servicing, debt-to-GDP ratio, and emerging fiscal risks.
• Budget Implementation Challenges: Revenue underperformance, execution bottlenecks, pending bills, accountability and governance issues.
• Implications for Professionals & Businesses: Strategic insights for accountants, tax practitioners, CFOs, and financial managers.
• Future Budget & Policy Outlook: Emerging trends and possible scenarios for FY2026/27 and beyond.
Target Audience
Audit and tax practitioners, Personnel handling tax issues in organizations, Representatives from KRA, Taxpayers’ association(s), Accountants, Finance Professionals, Auditors, Chief Finance officers, Academia.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 5 CPD Units upon successfully attending the session.
Cost:

Category
Physical
Virtual

Associates
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Members
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Non-members
Kes.5,500.00 per delegate
Kes.5,000.00 – per delegate

Online Booking:
We call on Seminar participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with 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 +254 719 074 000, or via email to marketing@icpak.com

Budget Review and Analysis Seminar (virtual option)
2026-06-12 09:00 - 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Budget Review & Analysis Seminar (virtual option)
Date: 12th June 2026
Time: 09.00-11.30am
Venue: Zoom
Overview
The national budget serves as a strategic blueprint outlining the Government’s revenue projections and expenditure plans for the fiscal year, and remains a critical instrument for economic management, resource allocation, and policy prioritization. The FY2025/26 Budget has been formulated against a backdrop of persistent domestic and global economic challenges, including inflationary pressures, elevated debt-servicing costs, and constrained fiscal space, alongside emerging macroeconomic opportunities.
The 2026/27 budget is structured around key economic and social sectors that drive national development, with allocations reflecting government priorities under the Bottom-Up Economic Transformation Agenda (BETA).
The National Treasury has proposed Kshs 4.78 trillion budget for FY 2026/27, equivalent to 23% of GDP. This comprises recurrent expenditure of Kshs. 3,538.7 billion, development expenditure of Kshs. 749.0 billion and transfers to county governments of 495.7 Billion.
According to the Budget Policy Statement 2026, the fiscal deficit including grants is expected to reach Kshs 1,115.8 billion (5.3% of GDP) in FY 2026/27, from the projected deficit of KSh 1,140.7 billion (6.0% of GDP) in FY 2025/26. This will be financed through net external borrowing amounting to KSh 225.5 billion (1.1% of GDP) and net domestic financing of KSh 890.4 billion (4.2% of GDP).
The proposed expenditure is distributed across three broad segments of government spending, with the national government sector (Executive, Parliament and Judiciary) receiving Kshs 2.817 trillion. Education remains the largest sectoral allocation, increasing from Kshs. 754.9 billion in 2025/26 to Kshs. 780 billion in 2026/27, representing a moderate 4%. Infrastructure development, particularly through the Ministry of Roads and Transport, follows closely with an allocation of KSh 312 billion. This highlights sustained investment in connectivity and logistics as key enablers of economic growth.
The health sector also records a significant expansion, with the State Department for Medical Services increasing from KSh 105.95 billion in 2025/26 to KSh 132.97 billion in 2026/27, representing a 25.5% increase. This growth is largely driven by expanded investments in national referral services, health products and technologies, and social protection in health.
Recent economic data indicates that Kenya’s economy expanded by 4.9% year-on-year in Q3 2025, driven largely by resilience in the agriculture and construction sectors. This growth has been achieved despite significant public debt repayment obligations and ongoing fiscal consolidation efforts.
Notwithstanding the growth momentum, the economy continues to face structural challenges, including underperforming revenue collection, high public debt levels, and persistent cost-of-living pressures. Revenue targets have, in recent years, fallen short of projections, while interest payments continue to consume an increasing share of tax revenues—highlighting ongoing public finance management constraints.
It is against this evolving economic landscape that ICPAK convenes the Budget Review & Analysis Seminar – Current State of Affairs, aimed at providing a timely and in-depth analysis of the country’s fiscal position, budget implementation realities, and the implications of recent policy and legislative changes on taxation, public financial management, and overall economic performance.
The seminar will address the following key thematic areas:

Macroeconomic Performance & Outlook: Economic growth, inflation trends, employment, and sectoral performance.
Revenue Mobilization & Tax Policy Changes: Recent developments in tax policy, administration, and compliance strategies.
Fiscal Framework, Budget highlights and Public Expenditure Priorities: Analysis of budgetary allocations to key sectors, including education, health, infrastructure, counties, and social protection.
Public Debt Dynamics & Fiscal Sustainability: Trends in debt servicing, debt-to-GDP ratio, and emerging fiscal risks.
Budget Implementation Challenges: Revenue underperformance, execution bottlenecks, pending bills, accountability and governance issues.
Implications for Professionals & Businesses: Strategic insights for accountants, tax practitioners, CFOs, and financial managers.
Future Budget & Policy Outlook: Emerging trends and possible scenarios for FY2026/27 and beyond.

Target Audience
Audit and tax practitioners, Personnel handling tax issues in organizations, Representatives from KRA, Taxpayers’ association(s), Accountants, Finance Professionals, Auditors, Chief Finance officers, Academia.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 5 CPD Units upon successfully attending the session.
Cost:

Category
Physical
Virtual

Associates
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Members
Kes.5,500.00 – per delegate
Kes. 5,000.00 – per delegate

Non-members
Kes.5,500.00 per delegate
Kes.5,000.00 – per delegate

Online Booking:
We call on Seminar participants to note that booking is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with 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 +254 719 074 000, or via email to marketing@icpak.com

THE ANNUAL NPO CONFERENCE (with PBORA)
2026-06-15 09:00 - 2026-06-19 15:30 | Sarova Whitesands Beach Hotel and Spa, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE ANNUAL NPO CONFERENCE (with PBORA)
Theme: Strengthening Accountability, Transparency and Sustainability in the Non-Profit Sector
Date: 15th – 19th June 2026
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
Time: 09.30am-03.30pm
OVERVIEW:
The non-profit sector in Kenya remains central to social delivery and development finance, but it is operating in a period of rapidly rising stakeholder expectations and regulatory tightening. Regulators and donors now demand stronger evidence of stewardship, clearer links between funding and outcomes, and financial reports that are comparable, decision-useful and auditable. At the same time, many NPOs face persistent operational weaknesses: fragmented accounting practices, weak internal controls, inconsistent recognition of grants and restricted funds, poor donor reporting harmonization, and low readiness for external assurance. These gaps undermine donor confidence, hamper interoperability with government financing and create reputational risk for the sector.
The introduction of the International Non-Profit Accounting Standard (INPAS) marks a pivotal moment for NPO financial reporting. INPAS is designed specifically to address NPO reporting needs including improving transparency, comparability and credibility of NPO financial statements, and providing sector-tailored guidance where existing for-profit standards are inadequate. INPAS is a standalone, topic-based standard that builds on the IFRS for SMEs, full IFRS and IPSAS where appropriate, while adding NPO-specific solutions (for example on fund accounting, revenue from grants/donations, narrative reporting and transition requirements). Its objectives include improving decision-usefulness and accountability of NPO reports.
Practical implementation of INPAS raises immediate technical and governance issues that must be handled at institutional and sectoral levels. Transition disclosures, reconciliations to prior frameworks and narrative reporting are required by INPAS and will impose new preparation, control and disclosure workstreams for many NPOs. INPAS also recognises cost/benefit trade-offs and permits limited undue-cost exemptions where justified, but any adoption still requires robust planning, updated accounting policies, staff retraining and stronger audit readiness.
For these reasons the Annual NPO Conference (with PBORA) will position INPAS not as a remote technical standard but as a practical, implementable roadmap for accountability: one that requires coordinated action from boards, finance teams, auditors, regulators and donors. The conference will therefore combine high-level policy dialogue with hands-on technical clinics, worked examples and implementation toolkits so participants leave with clear next steps from revising accounting policies and preparing transition reconciliations to strengthening internal controls and improving donor reporting harmonization. This integrated approach will accelerate adoption, reduce dual-reporting burdens and strengthen public confidence in the sector.
Topics to be covered will include:

DAY
MODULE
TOPICS

DAY 1
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

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.

DAY 2
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.

Non-Financial Assets: PPE, Intangibles, Investment Property & Impairment
· Recognition and measurement rules for property, plant & equipment and intangibles (E2, E4).
· Investment property accounting and presentation.
· Impairment testing and disclosure (E5) with worked examples relevant to NPO assets.
· Asset register best practices and depreciation policy checklists.

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 3
Overview of the Non-Profit Sector Performance
· Overview of the size, composition and economic footprint of the NPO sector in Kenya
· Analysis of recent sector performance trends
· Financial sustainability indicators in the sector
· Common financial reporting and governance weaknesses observed across the sector
· Implications of sector performance trends for boards, finance teams and auditors

Resource Mobilization Strategy for Sustainable NPOs
· Overview of resource mobilization in the current NPO funding environment
· Strategic approaches to diversifying funding sources
· Governance and control considerations in resource mobilization
· Linking resource mobilization to financial planning and reporting
· Role of accountants and finance teams in resource mobilization

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

DAY 4
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

Personal Financial Management

Personal Financial Management

TARGET AUDIENCE
The training will be beneficial to professional Accountants, Heads of Finance, strategy consultants, academic and other finance professionals working in the NPO sector.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successfully completion of the Conference.
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.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for webinar is mandatory on Online Booking We call on interested participants to note that bookings for the event are 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 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 +254 719 074 000, or via email to marketing@icpak.com

THE TAXATION MASTERCLASS 2026 EDITION 2 (mandatory training)
2026-06-15 09:00 - 2026-06-19 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 TAXATION MASTERCLASS 2026 EDITION 2
Theme: Advancing Tax Excellence in a Digital, Sustainable and Globally Evolving Economy
Date: 15th-19th June 2026
Time: 09.00am-03.30pm
Venue: Sarova Whitesands Beach Resort & Spa, Mombasa
This is one of the mandatory trainings for Practicing Certificate consideration
INTRODUCTION
The tax environment in Kenya and across the globe is undergoing rapid transformation driven by technological advancement, evolving fiscal needs and heightened expectations for transparency and accountability. As governments embrace digital systems and align with international tax reforms, organizations must re-evaluate their approaches to compliance, planning and financial governance. These shifts demand that accounting and finance professionals enhance their technical capacity and deepen their understanding of new tax trends.
In Kenya, ongoing tax policy reforms continue to reshape the fiscal landscape, with significant implications for businesses, public institutions and individuals. The increasing use of digital tools, enhanced tax reporting procedures and structured revenue mobilisation strategies require practitioners who can interpret regulatory changes and apply them effectively within their organizations. This has made continuous professional development not just desirable, but essential.
At the same time, international tax developments, including global minimum tax adoption, digital economy taxation and strengthened anti-avoidance frameworks are influencing domestic practice. Accountants and tax professionals must stay ahead of these changes to ensure compliance, support strategic decision-making and mitigate risks arising from cross-border transactions and emerging global standards.
Sustainability considerations have further expanded the scope of tax practice, with governments integrating environmental, social and governance (ESG) principles into fiscal policy. Tax professionals now play a central role in advising on green incentives, climate-linked fiscal measures and sustainability reporting expectations. This evolution underscores the need for practitioners to understand how tax interacts with broader ESG and regulatory frameworks.
The Taxation Masterclass is therefore designed as an intensive, technical and forward-looking program that equips finance and accounting professionals with the knowledge, tools and insights required to navigate and excel in an increasingly complex tax environment. It blends tax policy, global reforms, digital transformation, risk management and sustainability into a cohesive professional learning experience.
TAXATION MASTERCLASS OBJECTIVES
Participants will be able to benefit from the following upon successful completion:

Deepen Understanding of Modern Tax Ecosystems: Strengthen knowledge of evolving tax landscapes, including digital tax systems, automation and AI-driven administration, and their implications for organizational compliance.
Interpret Current Tax Policy Reforms: Examine the impact of Kenya’s ongoing tax changes, such as incentive rationalization, revenue mobilisation measures and regulatory adjustments on businesses, institutions, and fiscal stability.

iii. Enhance Technical Capacity in Tax Risk Management: Build advanced skills in tax reviews, audit preparedness, documentation and managing tax exposures in increasingly complex regulatory environments.

Strengthen Competence in Digital Tax Compliance: Equip participants with practical knowledge on e-invoicing, real-time reporting, data analytics, and emerging digital tools used in modern tax administration.
Improve Cross-Border Taxation Capabilities: Provide deeper insights into international tax trends, global minimum tax developments, cross-border VAT and transfer pricing compliance for multinational and regional operations.
Integrate ESG and Sustainability into Tax Practice: Enhance understanding of carbon taxation, environmental fiscal reforms, green incentives and the role of tax transparency within ESG reporting frameworks.

vii. Promote Robust Tax Governance and Ethical Practice: Reinforce ethical standards and governance principles essential for managing tax responsibilities, stakeholder expectations and institutional integrity.
viii. Support County-Level Revenue and Fiscal Sustainability: Explore innovative models, policies, and accountability frameworks for strengthening county own-source revenue (OSR) and subnational fiscal resilience.

Encourage Knowledge Exchange and Professional Collaboration: Provide a platform for professionals to share experiences, learn emerging best practices and engage in dialogue on tax innovations and future trends.
Advance Continuous Professional Development: Deliver up-to-date, practical training that enhances the relevance, adaptability and long-term professional growth of accountants and tax practitioners in a dynamic environment.

TAXATION MASTERCLASS TOPICS
The Taxation Masterclass will delve into the following topical areas among others:
Theme 1: Digital Transformation in Taxation

AI, Automation & Data Analytics in Modern Tax Administration
Digital Tax Compliance: E-Invoicing, Real-Time Reporting & Emerging Technologies
Cybersecurity in Tax Practice: Safeguarding Financial and Tax Data

Theme 2: Tax Policy, Revenue Mobilisation & Economic Stability

Rethinking Tax Incentives & Exemptions: Impacts on Revenue Mobilisation
Tax Policy Reforms in Kenya: Balancing Compliance, Growth & Fiscal Discipline
County Revenue Enhancement Strategies: Innovations, Challenges & Accountability

Theme 3: Advanced Technical Skills for Tax Professionals

Transfer Pricing Documentation & Compliance for Finance Professionals
Mastering Tax Risk Management: Controls, Reviews & Audit Preparedness
Responding to Tax Audits: Practical Approaches, Documentation & Defence Files

Theme 4: Sustainability, ESG & the Future of Tax Compliance

Carbon Taxation & Environmental Fiscal Reforms: Implications for Businesses
ESG Reporting, Tax Transparency & Mandatory Disclosure Requirements
Green Incentives & Taxation of Renewable Energy and Sustainable Investments

Theme 5: Global Tax Trends & Cross-Border Issues

Global Minimum Tax & International Tax Reforms: What Finance Professionals Must Know
Cross-Border VAT, Digital Commerce & Taxation of the Platform Economy
Illicit Financial Flows, Anti-Avoidance Measures & Strengthening Tax Governance

TARGET AUDIENCE
ICPAK Members ,Accountants in both private and public sector , Chief Finance Officers, Finance Directors and Managers, Private and Public Tax 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
The seminar charges are Ksh 95,000 per delegate for both members and non-members.
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 , 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)
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.

Anti–Money Laundering: Requirements for Accounting Professionals Webinar
2026-06-16 16:00 - 2026-06-20 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Anti–Money Laundering: Requirements for Accounting Professionals Webinar
DATE: 16th June 2026
TIME: 4:00 PM – 6:00 PM
Mode: Virtual
Overview
Anti-money laundering (AML) requirements for accounting professionals stem from global efforts to prevent the integration of illicit funds into the legitimate economy. The Financial Action Task Force (FATF), an international body, sets standards through its 40 Recommendations, designating accountants as “gatekeepers” vulnerable to exploitation when providing services such as managing client funds, forming companies, handling real estate transactions, or advising on tax matters. These recommendations emphasize a risk-based approach, requiring professionals to assess and mitigate money laundering and terrorist financing risks effectively.
Under FATF guidelines, accounting firms must implement customer due diligence (CDD) measures when engaging in specified activities on behalf of clients. This includes verifying client identity, understanding the nature of the business relationship, and identifying beneficial owners of legal entities. Enhanced due diligence is required for high-risk clients, such as politically exposed persons (PEPs) or those from jurisdictions with weak AML controls, while simplified measures may apply in low-risk scenarios.
Accounting professionals are obligated to conduct firm-wide risk assessments to identify vulnerabilities based on client types, services offered, and geographic factors. Policies, controls, and procedures must be documented and regularly updated, proportionate to the firm’s size and complexity. This includes appointing a compliance officer (often called a Money Laundering Reporting Officer in some jurisdictions) responsible for oversight and ensuring staff receive ongoing training to recognize suspicious activities.
A core requirement is the monitoring of client transactions and relationships for red flags, such as unusually large cash movements, complex structures without economic purpose, or links to high-risk countries. If suspicion arises, professionals must file a Suspicious Activity Report (SAR) to the relevant financial intelligence unit without tipping off the client, balancing this with professional ethics and confidentiality obligations.
Record-keeping is mandatory, with firms required to retain identification documents, transaction records, and risk assessment evidence for at least five years (or longer in some jurisdictions). This supports audits by supervisory bodies and enables traceability in investigations. Non-compliance can result in significant penalties, including fines, license revocation, or criminal prosecution.
Ultimately, AML compliance protects the integrity of the accounting profession, mitigates reputational and legal risks, and contributes to global financial security. Firms are encouraged to use technology for efficient screening and monitoring while staying abreast of regulatory updates through guidance from bodies like FATF, CCAB, or national supervisors. Join us for this webinar to get useful insights on the obligations placed on accounting professionals on matters AML
Target Audience:
All professionals, especially members in practice.
CPD Units:
Members who attend the webinar in full will earn 2 Structured CPD Units.
Financial Commitment:
The Webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority (formerly Department of Industrial Training -DIT). The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke ).
For more information or enquiries please call 0719074100 or email to marketing@icpak.com.

Advanced Financial Modeler (AFM) Accreditation
2026-06-17 08:00 - 2027-06-30 17:00 | Online
Advanced Financial Modeler (AFM) Accreditation
Strengthen and validate your ﬁnancial modeling skills with the Advanced Financial
Modeler (AFM) accreditation from the Financial Modeling Institute (FMI), now available to ICPAK members.
Financial modeling plays a critical role in business decision making, supporting transactions, valuations, and strategic planning.
What you’ll gain
By completing the AFM accreditation, you will be able to:

Build a fully integrated three-statement ﬁnancial model from scratch
Create a ﬁnancial model that can be used as a critical decision-making tool
Use ﬁnancial models to communicate insights and tell the story of a company
Demonstrate technical modeling skills valued by employers, stakeholders and clients

What’s included
AFM candidates receive access to:
● Learning resources including 60 video tutorials
● Practice exams and exam guidance resources
● A proctored online exam (offered quarterly)
Upon successful completion, candidates will:
● Earn the AFM accreditation
● Receive a digital badge for LinkedIn and professional proﬁles
● Be listed in FMI’s global Directory of Accreditation Holders
Career outcomes
In a 2026 survey of AFM accreditation holders:

97% said the AFM accreditation strengthened their financial modeling skills
88% reported a positive professional outcome after earning the AFM
85% would recommend the AFM accreditation to a colleague

Why Enroll

Industry-Relevant Skills: The AFM program equips you with practical financial modeling capabilities

Career Advancement: Validate your financial modeling expertise and enhance your career prospects by achieving a globally recognized accreditation.

Learn More
Download the AFM Program Handbook to explore the curriculum, exam structure, and preparation resources.
AFM Testimonials
A selection of testimonials from AFM candidates and partners can be found here: https://testimonial.fminstitute.com/all

Sustainability Assurance Workshop (Mandatory Training)
2026-06-17 09:00 - 2026-08-30 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Assurance Workshop (Mandatory Training)
Date: 17th – 18th June 2026
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
As global expectations for transparency and accountability continue to rise, organizations are increasingly required to demonstrate credible performance on environmental, social and governance (ESG) matters. Sustainability assurance has therefore become essential in strengthening stakeholder confidence by enhancing the reliability and quality of sustainability-related disclosures. With the rapid adoption of sustainability reporting frameworks and the alignment of financial and non-financial information, professionals must deepen their understanding of the evolving assurance landscape.
The shift toward standardized sustainability reporting, especially with the introduction of IFRS S1 and S2 by the International Sustainability Standards Board (ISSB), alongside established frameworks such as GRI, SASB and local regulatory requirements, has created a need for consistent application and interpretation. These frameworks provide the structure for identifying material ESG issues, defining reporting boundaries and ensuring comparability across organizations and industries.
Climate-related disclosures have emerged as integral to sustainability reporting. Accordingly, understanding Scope 1, Scope 2, and Scope 3 greenhouse gas emissions become increasingly important as an entity measures and reports on its environmental impact. Accurate measurement and disclosure of emissions are increasingly linked to both financial reporting and enterprise risk management-factors that make this an area of significant focus during sustainability assurance engagements.
High-quality ESG assurance requires quality internal controls, reliable data systems, and robust verification procedures. Practitioners should keep in mind the special challenges that arise when assessing ESG risks, testing control environments, and gathering evidence during limited or reasonable assurance engagements, which are different from those encountered in traditional financial audits. The effective collection of data, proper structuring of documentation, and rigorous processes for verification are very important for credible sustainability reporting to the expectations of regulators and investors and wider stakeholders.
The workshop will highlight key aspects of Sustainability Assurance relating to the following:
Overview of Sustainability Assurance

The purpose and importance of sustainability assurance.
The role of accountants and auditors in verifying ESG information.
How sustainability assurance enhances stakeholder confidence and transparency.
Key drivers pushing organizations toward independent ESG assurance

Regulatory and Reporting Frameworks

Global frameworks: GRI, SASB, ISSB, IFRS S1 & S2.
Local sustainability reporting requirements and regulations.
Alignment between global standards and local regulatory expectations.
Emerging disclosure requirements for climate, social, and governance metrics.

Greenhouse Gas (GHG) Emissions and Climate Reporting

Understanding Scope 1, 2, and 3 emissions.
Relevance of GHG reporting to financial and sustainability disclosures.
GHG accounting methodologies and boundary setting (operational vs. organizational).
Transition risks, climate scenarios, and their impact on disclosures.

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.

Data Collection, Verification, and Reporting

Best practices for ESG data collection and quality control.
Verification techniques and third-party assurance.
Data governance, documentation, and internal record-keeping standards.
Use of technology and digital tools for ESG data management and reporting.

ESG Risk Management and Internal Controls

Integrating ESG risks into enterprise risk management.
Ensuring accuracy and reliability of sustainability reporting.
Designing internal controls to support ESG data integrity and assurance readiness.
Monitoring, evaluation, and continuous improvement of ESG risk processes.

Target Audience:
This training will be useful to all professional Accountants and professionals from all relevant cross-cutting disciplines since sustainability reporting and the IFRS Sustainability Disclosure Standards are professional agnostic.
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.

Audit Documentation- ISA 230 Practical Course 2026
2026-06-18 09:00 - 2026-06-19 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Documentation- ISA 230 Practical Course
Date: 18th–19th June 2026
Time: 9.00-15.30
Venue: ICPAK Auditorium
Theme: Purpose and Principles of Audit Documentation
Overview
Audit documentation is a foundational element of high-quality audits. International Standard on Auditing (ISA) 230, Audit Documentation, sets out the auditor’s responsibility to prepare audit documentation that provides a sufficient and appropriate record of the basis for the auditor’s report and evidence that the audit was conducted in accordance with ISAs and applicable legal and regulatory requirements.
However, many audit practitioners particularly early-career auditors and professionals transitioning into audit roles face challenges in applying ISA 230 practically. Common issues include inadequate working papers, unclear linkages between audit procedures and conclusions, insufficient evidence, poor referencing, and inconsistent use of audit software. As regulatory scrutiny increases globally, audit firms and institutions must invest in strengthening audit documentation skills to ensure audit quality, compliance, and defensibility.
This two-day practical course is designed to bridge the gap between theory and practice by equipping participants with hands-on experience in preparing high-quality audit documentation aligned with ISA 230.
The following topics will be covered:
1. Foundations and Core Documentation Requirements

Introduction to ISA 230: Purpose, scope, and key requirements
Principles of effective documentation
What constitutes sufficient and appropriate audit documentation
Structure and components of a complete audit file
Documenting planning and risk assessment
Practical Exercise: Preparing planning working papers

2. Practical Tools, Case Studies, and Review Techniques

Documenting audit procedures, evidence, and conclusions
Recording professional judgment and significant matters
Common deficiencies identified by regulators and how to avoid them
Use of audit software/tools and standard templates
Practical Exercise: End-to-end documentation of a sample audit area
Review and wrap-up: How to build a strong documentation culture

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

Supervisors in external audit, internal audit and compliance
Audit associates and seniors

Mid-level managers looking to enhance their auditing skills

Individuals responsible for overseeing audits or teams involved in auditing
Tax Practitioners and Tax Experts
Financial Controllers and Credit Managers

Accounting and finance professionals involved in assurance
Risk and compliance officers

YOUR FINANCIAL COMMITMENT
Charges for the training will be Kes 18,500/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD UNITS
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured 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

Audit Documentation- ISA 230 Practical Course (virtual option)
2026-06-18 09:00 - 2026-06-19 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Documentation- ISA 230 Practical Course
Date: 18th–19th June 2026
Time: 9.00-15.30
Delivery Mode: Virtual
Theme: Purpose and Principles of Audit Documentation
Overview
Audit documentation is a foundational element of high-quality audits. International Standard on Auditing (ISA) 230, Audit Documentation, sets out the auditor’s responsibility to prepare audit documentation that provides a sufficient and appropriate record of the basis for the auditor’s report and evidence that the audit was conducted in accordance with ISAs and applicable legal and regulatory requirements.
However, many audit practitioners particularly early-career auditors and professionals transitioning into audit roles face challenges in applying ISA 230 practically. Common issues include inadequate working papers, unclear linkages between audit procedures and conclusions, insufficient evidence, poor referencing, and inconsistent use of audit software. As regulatory scrutiny increases globally, audit firms and institutions must invest in strengthening audit documentation skills to ensure audit quality, compliance, and defensibility.
This two-day practical course is designed to bridge the gap between theory and practice by equipping participants with hands-on experience in preparing high-quality audit documentation aligned with ISA 230.
The following topics will be covered:
1. Foundations and Core Documentation Requirements

Introduction to ISA 230: Purpose, scope, and key requirements
Principles of effective documentation
What constitutes sufficient and appropriate audit documentation
Structure and components of a complete audit file
Documenting planning and risk assessment
Practical Exercise: Preparing planning working papers

2. Practical Tools, Case Studies, and Review Techniques

Documenting audit procedures, evidence, and conclusions
Recording professional judgment and significant matters
Common deficiencies identified by regulators and how to avoid them
Use of audit software/tools and standard templates
Practical Exercise: End-to-end documentation of a sample audit area
Review and wrap-up: How to build a strong documentation culture

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

Supervisors in external audit, internal audit and compliance
Audit associates and seniors

Mid-level managers looking to enhance their auditing skills

Individuals responsible for overseeing audits or teams involved in auditing
Tax Practitioners and Tax Experts
Financial Controllers and Credit Managers

Accounting and finance professionals involved in assurance
Risk and compliance officers

Your Financial Investment
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD Unit
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured 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

KRA /ICPAK- Sensitization on filing of 2025 income tax returns
2026-06-18 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
KRA – Sensitization on filing of 2025 income tax returns
Date: 18th June 2026
Time: 4.00pm-6.00pm
Delivery Mode: Virtual

Australia Chapter - ISA-220 - Quality Management for an Audit of Financial Statement
2026-06-19 14:00 - 16:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Australia Chapter – ISA-220 – Quality Management for an Audit of Financial Statement
Theme: Audit Quality in a Changing World & Implementation of the ISQM Framework Across Jurisdictions
Date: 19th June 2026
Venue: Virtual
Sydney time: 9:00 PM – 11:00 PM
Nairobi time: 2:00 PM – 4:00 PM
Overview
The auditing profession is experiencing significant transformation driven by evolving stakeholder expectations, regulatory scrutiny, technological advancements, and increasing complexity in business reporting. Investors, regulators, and the public continue to demand greater confidence in the quality of audits and the robustness of assurance processes.
In response to these developments, the International Auditing and Assurance Standards Board (IAASB) introduced a new suite of Quality Management Standards comprising ISQM 1, ISQM 2, and ISA 220 (Revised). These standards represent a fundamental shift from a compliance-based quality control approach to a proactive, risk-based quality management framework that emphasizes continuous monitoring, remediation, and accountability.
As firms across jurisdictions continue implementing and refining their quality management systems, practitioners face common challenges including governance and leadership responsibilities, resource constraints, technology integration, engagement quality reviews, and regulatory expectations. At the same time, differences in regulatory environments and market maturity offer valuable lessons that can be shared across countries and regions.
This webinar seeks to provide a global perspective on audit quality management by exploring practical experiences, implementation challenges, and emerging best practices from different jurisdictions.
Topical areas of discussion:

Enhance understanding of the global shift from quality control to quality management.
The Global Audit Quality Landscape
Understanding the New Quality Management Framework
Common challenges and lessons learned in establishing effective quality management systems.
Explore the role of technology, data analytics, and innovation in enhancing audit quality.
Provide insights into emerging regulatory expectations and future trends in audit quality management

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 is free of charge
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 WhatsApp +254 796 519068/+254 796 294952, or via email to diaspora@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

Illustrative Financial Statements-Practical Course
2026-06-23 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Illustrative Financial Statements-Practical Course
Date: 23rd June 2026
Time: 04.00pm-06.00pm
Delivery Mode: Virtual
Overview
High-quality financial statements remain the cornerstone of transparent and reliable financial reporting. The ability of organizations to undertake ever-more complex transactions, combined with ongoing regulatory change, means finance and audit professionals need to possess technical knowledge of IFRS standards, coupled with the competence to translate such requirements into transparent, accurate and compliant financial statements. The illustrative financial statements are an essential reference point, assisting in understanding how IFRS principles are applied in practice and how disclosure presentation can be prepared to enhance clarity, comparability and decision-usefulness.
This hands-on course will take participants through an illustrative set of financial statements, step by step, while highlighting practical considerations during financial reporting cycles. The session will illustrate how key IFRS standards are interpreted and applied in the context of preparing a complete set of financial statements. Participants will review the application of these standards in analyzing transactions, measurement, recognition, and disclosure while maintaining compliance with requirements under IFRS.
The course will also introduce participants to best practices in drafting key components such as the statement of financial position, performance statements, cash flow statement and notes to the financial statements, including the development of well-structured accounting policies. It will further highlight common errors that preparers encounter, areas requiring significant judgment and how to enhance the overall quality and credibility of financial statements through effective presentation and disclosure techniques.
The webinar will highlight key aspects of Illustrative Financial Statements relating to the following:
• Introduction to Illustrative Financial Statements
-Purpose, Structure and components of a complete set of financial statements.
• Application of Key IFRS Standards in Practice.
– Revenue (IFRS 15), Leases (IFRS 16), Financial Instruments: Disclosures (IFRS 7),
• Drafting and Presentation Techniques
– Step-by-step Preparation of Statements and notes.
– Developing accounting policies and disclosure templates
• Quality Review and Best Practices
– Common errors, judgement areas and improving comparability and compliance.
• Disclosure Enhancements and Materiality Judgements
– Determining material information, improving clarity and aligning disclosures with user needs.
• Updates on Recent IFRS Amendments and Practical Implications
– New standards, amendments and their impact on presentation and note disclosures
Target Audience:
This webinar will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPDs):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 1,000. Charges will cater for the webinar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the webinar is mandatory on Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update.

THE 7TH ANNUAL BOARD TRAINING
2026-07-06 09:00 - 2026-07-10 15:30 | Enashipai Resort & Spa, Naivasha, 00100, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE 7TH ANNUAL BOARD TRAINING
Theme: Effective Modern-Day Governance for Solid Foundations
DATE: 6TH JULY– 10TH JULY 2026
TIME: 09.00AM-03.30PM
ENASHIPAI RESORT, NAIVASHA
OVERVIEW
Boards are the central force behind organizational stability and strategic success, charged with guiding vision, safeguarding integrity and ensuring long-term growth. In today’s rapidly changing environment, where technology, regulation, and stakeholder expectations converge, boards must operate with insight, resilience, and foresight. Their ability to anticipate challenges, make informed decisions and cultivate trust directly influences organizational performance and credibility, positioning the board as a decisive force for enduring excellence.
Effectiveness in modern governance requires boards to balance strategic thinking with operational intelligence. Understanding the financial and operational health of an organization, integrating long-term risk considerations and ensuring accountability allows boards to navigate complexity with clarity. Inclusive dialogue, ethical leadership and constructive debate strengthen cohesion, enabling boards to make decisions that reflect both organizational priorities and stakeholder expectations while fostering a culture of integrity and transparency.
Boards are also architects of future resilience. By embracing diversity of thought, preparing for leadership continuity, and adopting emerging technologies responsibly, boards can guide organizations through uncertainty while maintaining adaptability and innovation. Their oversight ensures that strategic objectives, sustainability considerations, and societal responsibilities are integrated into the organization’s operations, fostering an environment where growth, accountability, and long-term value coexist.
High-performing boards understand that governance extends beyond oversight; it is a catalyst for shaping organizational trajectory. By combining foresight, risk intelligence, ethical stewardship, and adaptive leadership, boards provide stability and vision in times of disruption. In an era defined by digital transformation, evolving regulations, and heightened expectations, boards that embrace these principles position their organizations to thrive, remain resilient, and achieve sustainable success. It is in this consideration that ICPAK has planned a 5-day board training with specific emphasis on the following areas:

Board Roles and Fiduciary Duties in a Digital World – Modern responsibilities and legal obligations of directors.
Emerging Legal and Regulatory Trends for Boards – Staying ahead of compliance, liability, and sector-specific updates.
Ethical Leadership and Accountability at the Board Level – Strengthening transparency and integrity in decision-making.
Board Dynamics and Collaborative Decision-Making – Enhancing teamwork, conflict resolution, and effective meetings.
Advanced Financial Literacy for Strategic Oversight – Understanding statements, ratios, and budgeting for informed governance.
Strategic Planning and Organizational Guidance – Shaping, monitoring, and evaluating long-term organizational strategies.
Building a Risk-Intelligent Board – Identifying, assessing, and mitigating financial, operational, and cyber risks.
Performance Monitoring and Accountability Metrics – Tools to measure board and management effectiveness.
Embedding ESG into Board Oversight – Integrating sustainability and social responsibility into strategy and operations.
AI, Technology, and Digital Governance – Leveraging tech responsibly while managing emerging risks.
Succession Planning and Leadership Continuity – Preparing for seamless transitions at board and executive levels.
Diversity, Inclusion, and High-Impact Boards – Strengthening decision-making through varied perspectives and skills.
Book Review: Boards That Lead: When to Take Charge, When to Partner, and When to Stay Out of the Way by Ram Charan, Dennis Carey, and Michael Useem – Practical insights on balancing oversight, strategy, and collaboration.

TARGET AUDIENCE
The training will be beneficial to Board Members, Board Chairpersons, Board Committee Members and Committee Chairpersons, Board Secretaries, CEOs, Senior Management, Aspiring Board Members, Business Owners, and Entrepreneurs,
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 20 Structured CPD Units upon successfully completion of the training.
FINANCIAL COMMITMENT
The Board training charges are Kshs. 90,000. Charges will cater for daytime meals, conference giveaways, learning materials, and certificates of attendance. Delegates are advised to make own travel and accommodation arrangements.
ONLINE BOOKING
Registration: Delegates are reminded to note that online booking for webinar 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 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

IFRS 18-Presentation and Disclosure in Financial Statements webinar
2026-07-07 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IFRS 18- Presentation and Disclosure in Financial Statements
Date: 7th July 2025
Time: 4:00pm – 6:00pm
Mode of Delivery: Virtual
Overview
As the IFRS 18 – Presentation and Disclosure in Financial Statements marks one of the most significant structural shifts in global financial reporting since the inception of IFRS. The Standard introduces a more consistent and decision-useful approach to how financial performance is presented, classified and communicated. By redefining subtotals, standardizing the classification of operating, investing and financing activities, and elevating the role of management-defined performance measures, IFRS 18 is expected to significantly enhance comparability across entities, industries and jurisdictions. This reform responds directly to long-standing user concerns regarding the lack of consistency in performance presentation under IAS 1, and the excessive use of non-GAAP metrics that previously contributed to opacity and inconsistency across reporting landscapes.
Beyond structural realignment, IFRS 18 emphasizes clearer disaggregation, improved linkage between notes and primary statements, enhanced transparency of performance metrics, and stronger alignment between management commentary and actual business performance portrayal. The new approach shifts reporting away from broad discretionary presentation towards more standardized, principle-aligned categorization that reflects how entities generate returns and deploy economic resources. As a result, subtotals such as operating profit are expected to become more reliable, analytical comparability will be reinforced, and perception gaps for investors, analysts, regulators and rating agencies will be narrowed.
The shift introduced by IFRS 18 is not just technical, it is strategic. Entities will need to reassess their reporting models, mapping of income and expenses, definitions of performance, investor communication frameworks and disclosure architecture. Internal reporting structures may require alignment with external presentation to ensure credibility and cross‑validation. System updates, chart‑of‑accounts restructuring, data model reviews and presentation consistency will be central implementation matters. Preparers, reviewers, auditors and governance boards will therefore require a transition mindset that goes beyond compliance interpretation and focuses on impact understanding, internal readiness and organizational adaptation.
With global adoption timelines accelerating and the first effective year commencing 2027, jurisdictions and reporting entities are encouraged to prepare early to minimize transition friction. Capacity building, awareness and forward alignment will be critical, particularly for practitioners who will be expected to interpret, evaluate, audit and advise on the new presentation model. It is in response to this transition landscape and in readiness for implementation clarity, ICPAK is convening this training to equip the profession with forward-looking insights, technical understanding and preparatory orientation to enable timely, confident and informed transition into IFRS 18 application.
Topics to be covered will include:

Understanding the IFRS 18 framework and replacement of IAS 1
Standardized operating, investing and financing categories
New subtotals, performance metrics and disaggregation expectations
Linking management performance measures and entity performance narratives
Transition planning, disclosure redesign and internal alignment considerations
Practical implications for preparers, reviewers, auditors and governance roles

Target Audience
This webinar will be useful to all professional Accountants.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the webinar.
Financial Commitment
The webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
Online Booking
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on interested participants to note that booking for the event is available online at www.icpak.com and will close two hours before the training session.
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, or via email to marketing@icpak.com

ICPAK Americas Chapter -Digital Assets: Key Accounting and Regulatory Compliance Considerations Webinar
2026-07-07 18:00 - 20:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ICPAK Americas Chapter
Topic: Digital Assets: Key Accounting and Regulatory Compliance Considerations
Date: 3rd July 2026
Time: 6pm to 8pm EAT
Charges: Kes. 3,500
Delivery Mode: Virtual
Overview
Target Audience:
This webinar will be useful to all professionals Accountants and those aspiring to join the profession.
CPD Units:
Members who attend the webinar in full will earn 2 Structured CPD Units.
Financial Commitment:
The Webinar charges are Kes. 3,500
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.
For more information or enquiries email to diaspora@icpak.com

THE IFRS MASTER CLASS 2026 (Mandatory Training)
2026-07-13 09:00 - 2026-07-17 15:30 | Radisson Blu Hotel, Radisson Blu Hotel, Nairobi, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE IFRS MASTER CLASS 2026 (Mandatory Training)
Theme: Navigating the Complexities of Internal Financial Reporting Standards
Date: 13th -17th July 2026
Time: 09.00am-03.30pm
Venue: Radisson Blu Hotel Nairobi
This is one of the mandatory trainings for Practicing Certificate consideration
OVERVIEW
The global financial reporting landscape is undergoing significant transformation driven by heightened expectations for transparency, comparability, and the integration of sustainability information into mainstream reporting. In response, the IFRS Masterclass is designed as an intensive programme aimed at strengthening technical competence in both financial and sustainability reporting frameworks, while enhancing professional judgement in complex reporting environments.
The programme provides a comprehensive coverage of key International Financial Reporting Standards (IFRS), emerging sustainability disclosure requirements, and specialised reporting frameworks. It equips participants with practical skills to interpret, apply, and critically evaluate financial reporting standards in a manner that supports high-quality, decision-useful financial information.
Core financial reporting areas include IFRS 18 on Presentation and Disclosure in Financial Statements, IFRS 7 on Financial Instruments Disclosures, IAS 24 on Related Party Disclosures, and IAS 29 on Financial Reporting in Hyperinflationary Economies. These topics strengthen participants’ ability to enhance disclosure quality, improve transparency in financial instruments, and address the impact of economic volatility on financial reporting.
The Masterclass also delves into IFRS Sustainability Disclosure Standards, with a focus on IFRS S1 and IFRS S2. Participants will explore the selection and reporting of sustainability metrics and targets, scenario analysis, greenhouse gas (GHG) accounting, and the integration of climate-related risks into strategic and financial decision-making. This ensures alignment with global and local ESG reporting expectations and emerging investor demands.
Specialised technical areas are also covered, including IFRS 16 on Leases, with emphasis on recognition, measurement, and disclosure of right-of-use assets and lease liabilities. In addition, participants are introduced to the International Non-Profit Accounting Standards (INPAS), including their structure, applicability, and relationship with IFRS and IPSAS frameworks, particularly within the non-profit reporting environment.
Further technical depth is provided through IFRS 5 on Non-current Assets Held for Sale and Discontinued Operations, IFRS 17 on Insurance Contracts, and IAS 26 on Accounting and Reporting by Retirement Benefit Plans. These standards address advanced issues relating to classification, measurement, actuarial assumptions, and disclosure requirements in specialised reporting contexts.
The programme concludes with applied insights drawn from financial reporting review outcomes, highlighting common compliance gaps and emerging trends in practice. This is complemented by a practical session on investing in the stock exchange.
Key Topics

DAY
MODULE
TOPICS

DAY 1
A. IFRS 18: Presentation and Disclosure in 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

B. 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

C. IAS 24 (Related Party Disclosures) & IAS 29 Financial Reporting in Hyperinflationary Economies

IAS 24 Related Party Disclosures
· Identification of related party relationships
· Related party transactions and balances
· Key management personnel disclosures
· Measurement and disclosure considerations
· Compliance and transparency requirements
IAS 29 Financial Reporting in Hyperinflationary Economies

Identification of hyperinflationary economies
Restatement of financial statements in terms of current purchasing power
Monetary vs non-monetary items treatment
Gain or loss on net monetary position
Use of general price index and consistency in application

DAY 2
D. IFRS S1(Metrics & Targets): Selecting and Reporting Sustainability Metrics
· Principles for selecting appropriate metrics
· Industry-based disclosures and use of SASB standards
· Quantitative vs qualitative metrics
· Data sources, assumptions, and estimation uncertainty
· Transition planning

E. IFRS S2: Scenario Analysis
· Purpose and Benefits of Scenario Analysis
· Types of Scenarios
· Resilience Assessment
· Integration into Strategic Planning
· Disclosure Expectations under IFRS S2
· Governance of Scenario Analysis
· Challenges and Best Practices

F. IFRS S2: GHG Accounting
· Cross-industry climate metrics
· Introduction to GHG Emissions
· Climate-Related Financial Risk and GHG Emissions
· GHG disclosure
· GHG key concepts
· GHG measurements
· Disaggregation of GHG emissions.

DAY 3
G. IFRS 16 – Leases
· Lease identification and definition (right-of-use model)
· Initial recognition of lease liability and right-of-use asset
· Measurement: discount rates and lease term determination
· Subsequent measurement and remeasurement triggers
· Presentation and disclosure requirements

H. The Global Non-Profit Reporting Landscape & Introduction to INPAS
· Unique characteristics of NPO financial reporting
· Limitations of existing frameworks
· Definition of Non-profit organisations
· Scope and applicability of INPAS
· Key principles underpinning the standards
· Comparison with IFRS and IPSAS.

I. Structure and Key Components of INPAS
· Structure of INPAS
· Financial statements required under INPAS:
o Statement of Financial Position
o Statement of Income and Expenses
o Statement of Cash Flows
o Statement of Changes in Net Assets
· Compliance with INPAS
· Narrative reporting requirements

DAY 4
J. IFRS 5- Non-current Assets Held for Sale and Discontinued Operations
· Classification criteria for held-for-sale and discontinued operations
· Measurement at lower of carrying amount and fair value less costs to sell
· Cessation of depreciation and amortisation
· Separate presentation in statement of financial position and profit or loss
· Disclosure of results and cash flows from discontinued operations

K. IFRS 17 – Insurance Contracts

· Identification and scope of insurance contracts
· Measurement models (GMM, PAA, VFA)
· Fulfilment cash flows and risk adjustment
· Contractual service margin (CSM) recognition and release
· Presentation and disclosure of insurance revenue and liabilities
· Emerging issues

L. IAS 26- Accounting and Reporting by Retirement Benefit Plans
· Plan classification and benefit obligation measurement basis
· Fair value measurement of plan assets and valuation techniques
· Actuarial assumptions and present value of defined benefit obligations
· Surplus/deficit determination and funding status
· Financial statements structure and disclosure of actuarial information

DAY 5
M. FiRe Award feedback
· Key areas of non-compliance
· Future trends in financial reporting

N. Investing in the Stock Exchange
· Investing in the Stock Exchange

TARGET AUDIENCE
ICPAK Members ,Accountants ,Members of Boards in public and private corporations, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.
YOUR FINANCIAL COMMITMENT
The seminar charges are Ksh 95,000 per delegate for both members and non-members.
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 +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

IAS 10-Events After the Reporting Period webinar
2026-07-14 16:00 - 18:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
IAS 10-Events After the Reporting Period
Date: 14th July 2026
Time: 4.00-6.00PM
Venue: Virtual
Overview
In today’s volatile business environment, events occurring after the reporting period can have a significant impact on financial reporting. This volatility is driven by economic shocks, regulatory changes, shifting tax regimes, climate-related risks and unexpected operational disruptions. IAS 10 provides the essential framework for identifying, assessing, adjusting for and disclosing such events to ensure quality financial reporting.
IAS 10 safeguards the integrity of financial reporting between the reporting date and the date of authorization for issue. However, many entities struggle to correctly distinguish between adjusting and non-adjusting events. This often leads to misstatements, delayed disclosures and ultimately qualified audit opinion. Common challenges arise in areas such as post-year-end litigation, tax assessments, restructurings, going concern uncertainties and major economic developments. This webinar is therefore designed to provide clear, practical and compliance-focused guidance on the application of IAS 10.
The session will focus on how to:

Distinguish between adjusting and non-adjusting events
Determine when post-reporting period information requires adjustment
Apply appropriate disclosure requirements for material non-adjusting events
Assess the impact on the going concern assumption
Navigate key judgment areas, including estimates, litigation and post-year-end transactions

The webinar will take a practical, implementation-driven approach. It will address common misclassifications, disclosure gaps, regulatory expectations and audit inspection findings. Participants will also briefly examine how IAS 10 interacts with IFRS 18, IAS 37, IAS 12, and IFRS 5.
By the end of the session, participants will be able to apply IAS 10 with confidence and sound professional judgment. This will strengthen the credibility of financial reporting, reduce post-reporting compliance risk, ensure users receive transparent, timely and decision-useful information.
Target Audience
This webinar is designed for professional accountants involved in financial reporting, audit, and assurance functions.
Continuous Professional Development Units
Members of ICPAK and those from other reciprocating professional bodies will earn 2 CPD units upon successfully attending all conference sessions.
FINANCIAL COMMITMENT:

Category
Virtual

Associate Members
Kes. 1,000

Full Members
Kes. 1,000

Non-Member
Kes. 1,000

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 online at www.icpak.com/events .
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.

Value Added Tax (VAT) Workshop-Mandatory Training
2026-07-15 09:00 - 2026-07-16 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Value Added Tax (VAT) Workshop (Mandatory Training)
Theme: VAT Compliance in Kenya
Date: 15th-16th July 2026
Time: 9.00am-3.30pm
Delivery Mode: Virtual
This is one of the mandatory trainings for Practicing Certificate consideration
Overview
As Kenya’s tax landscape becomes increasingly digital and enforcement-driven, Value-Added Tax (VAT) compliance has shifted far beyond routine return filing to real-time, transaction-level accountability. With the full rollout of eTIMS, expanded VAT coverage on digital and cross-border services, automated compliance checks, and enhanced audit analytics by the Kenya Revenue Authority (KRA), VAT risk exposure has fundamentally changed.
Today, VAT is no longer just a compliance matter — it is a governance, systems, and internal control issue.
The Kenya Revenue Authority continues to strengthen enforcement through:

Mandatory electronic invoicing integration (eTIMS)
Data matching and transaction-level validation
Risk-based VAT audits
Stricter input VAT verification mechanisms
Increased scrutiny of refund claims and zero-rated supplies

In this environment, finance professionals, tax consultants, auditors, and compliance officers must move beyond theory and develop practical expertise in the evolving VAT framework.
ThisVAT Workshop is designed to deliver a comprehensive, practical, and forward-looking understanding of Kenya’s current VAT regime, compliance expectations, key risk areas, and strategic considerations going forward.
LEARNING OBJECTIVES
This Conference is divided into the following modules covering various aspects.

DAY
MODULE
TOPICS

DAY 1

1. VAT Framework: What Has Changed?
· Overview of Kenya’s VAT Act and recent amendments.
· Policy shifts influencing VAT administration.
· Expansion of VAT to digital and non-resident suppliers.
· Emerging compliance trends in East Africa and global comparisons.

2. eTIMS and Electronic Invoicing Compliance

· Understanding eTIMS architecture and taxpayer obligations.
· Integration with accounting and ERP systems.
· Real-time invoice validation and common system errors.
· Input VAT deductibility under eTIMS.
· Penalties for non-compliance and system bypass risks.

3. VAT on Digital and Cross-Border Transactions

· VAT on digital marketplaces and online platforms
· Non-resident supplier registration requirements
· Place of supply rules and reverse charge VAT
· Cross-border services and withholding VAT considerations
· Practical compliance challenges for SMEs and corporates.

DAY 2

4. Input VAT Claims and Risk Management

· Conditions for claiming input VAT under updated regulations.
· Blocked input VAT categories.
· Common input VAT audit adjustments.
· Supplier validation and due diligence procedures.
· Managing VAT refund risks and documentation standards.

5. VAT Audits, Investigations, and Dispute Resolution

· KRA’s risk-based audit approach.
· Data analytics and transaction-level compliance reviews.
· Responding to VAT audit notices.
· Objection and appeal procedures.
· Managing penalties, interest, and settlement negotiations.

6. Sector-Specific VAT Challenges

· Financial services and partial exemption.
· Real estate and construction sector complexities.
· Telecommunications and digital service providers.
· NGOs and exempt organizations.
· Manufacturing and export-oriented businesses.

7. Strategic VAT Planning and Internal Controls

· Embedding VAT compliance within internal control frameworks.
· VAT risk assessment techniques.
· Aligning tax and finance departments.
· Using automation and reconciliation tools.
· Preparing for future VAT reforms.

Target Audience
ICPAK Members ,Accountants ,Tax practitioners ,Members of Boards in public and private corporations, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 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.

INSURANCE AND BANKING SECTOR CONFERENCE (physical option)
2026-07-15 09:00 - 2026-07-17 15:30 | Enashipai Resort & Spa, Naivasha, 00100, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
INSURANCE & BANKING SECTOR CONFERENCE
Theme: Driving Financial Resilience, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector
Date: 15th -17 July 2026
Time: 09.00am-03.30pm
Venue: Enashipai Resort & Spa, Naivasha
OVERVIEW
The banking and insurance sectors remain key pillars of Kenya’s economic growth and financial stability. However, the operating environment continues to evolve rapidly due to changing regulatory requirements, economic uncertainties, technological disruption, increasing customer expectations, and emerging risks. Financial institutions are therefore required to strengthen their financial reporting frameworks, enhance risk management practices, maintain adequate capital levels, and leverage innovation to remain competitive and resilient.
The implementation of major reporting standards such as IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments continues to reshape financial reporting across the sector. While significant progress has been made, institutions continue to face challenges relating to data quality, systems integration, actuarial modelling, expected credit loss calculations, and evolving regulatory expectations. At the same time, boards and management are under increasing pressure to improve governance structures, strengthen internal controls, and provide transparent and decision-useful information to stakeholders.
Technological innovation is also transforming the financial services landscape. The growth of digital banking, mobile financial services, fintech and Insurtech solutions, artificial intelligence, and advanced data analytics is creating new opportunities for operational efficiency, customer engagement, and financial inclusion. However, these developments also introduce emerging risks relating to cybersecurity, data governance, operational resilience, and regulatory compliance.
Further, the sector continues to play a critical role in advancing financial inclusion and supporting economic development. Despite the significant progress achieved in expanding access to financial services, institutions must continue developing innovative products and delivery channels that meet the needs of underserved populations while maintaining sound risk management practices.
Against this backdrop, the Institute has organized the Insurance & Banking Sector Conference 2026 to provide a platform for regulators, practitioners, accountants, auditors, actuaries, risk professionals, policy makers, and industry leaders to discuss emerging developments, share practical experiences, and explore strategies for enhancing financial reporting, institutional resilience, governance, innovation, and sustainable growth within the financial services sector.
The conference will explore the following thematic areas:
1. Economic Outlook, Regulatory Developments and Sector Resilience
• Emerging economic and regulatory developments affecting banks and insurers
• Prudential supervision and compliance expectations
• Building resilience in an increasingly uncertain environment
2. IFRS 17: Implementation Progress and Emerging Challenges
• Lessons learned from implementation
• Contractual Service Margin (CSM), actuarial and systems considerations
• Financial reporting implications and regulatory expectations
3. IFRS 9 and Credit Risk Management
• Expected Credit Loss (ECL) modelling and impairment challenges
• Credit risk management in a changing economic environment
• Emerging implementation and regulatory developments
4. Capital Adequacy, Solvency and Reinsurance Strategies
• Capital adequacy and solvency requirements
• Stress testing and capital optimization
• Strategic use of reinsurance for risk mitigation and financial resilience
5. Advancements in Actuarial Valuation and Risk Modelling
• Emerging actuarial techniques and innovations
• Predictive modelling and insurance risk assessment
• Practical insights from industry
6. Digital Transformation, Fintech and Artificial Intelligence
• AI applications in banking and insurance
• Fintech and Insurtech innovations
• Data analytics and automation in financial reporting and decision-making
7. Cybersecurity, Data Governance and Operational Resilience
• Emerging cyber risks and threat management
• Data governance and protection requirements
• Strengthening operational resilience and business continuity
8. Anti-Money Laundering Considerations for Banking & Insurance Sectors
• Anti-Money Laundering and Automatic Exchange of Financial Information updates
• AML Regulatory framework updates
• Kenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing
• AML Compliance Challenges-Politically Exposed Persons, Beneficial Ownership, Due Diligence
• Foreign Account Tax Compliance Act (FATCA) obligations
• Common Reporting Standards (CRS) Obligation
9. Digital transformation in insurance and banking in Kenya
• The rise of mobile money and fintech
• Digital banking platforms
• Insurtech: digital insurance distribution models
• Practical use cases of AI
10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors
• Areas of notable improvement
• Major areas of non-compliance
• Way Forward
TARGET AUDIENCE:
• Banks and insurance companies (senior management, sustainability leads, CFOs, CROs)
• Auditors, accountants, and financial analysts
• ESG and sustainability professionals
• Technology and data solution providers
• Policy makers and development partners
• Academic and research institutions
TARGET AUDIENCE:
Banking professionals, Insurance professionals, Chief Internal & Risk Managers, CEOs, Senior Management, Aspiring bankers and insurance professionals, Members of Board of Directors of corporations, Business Owners and Entrepreneurs,
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 40,000 per Delegate
Kes. 15,000

Full Members
Kes. 45,000 per Delegate
Kes. 15,000

Non-Member
Kes. 50,000 per Delegate
Kes. 15,000

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

INSURANCE AND BANKING SECTOR CONFERENCE (virtual option)
2026-07-15 09:00 - 2026-07-17 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
INSURANCE & BANKING SECTOR CONFERENCE
Theme: Driving Financial Resilience, Market Adaptation and Reporting Excellence in Kenya’s Financial Services Sector
Date: 15th -17 July 2026
Time: 09.00am-03.30pm
Venue: Virtual Delivery
OVERVIEW
The banking and insurance sectors remain key pillars of Kenya’s economic growth and financial stability. However, the operating environment continues to evolve rapidly due to changing regulatory requirements, economic uncertainties, technological disruption, increasing customer expectations, and emerging risks. Financial institutions are therefore required to strengthen their financial reporting frameworks, enhance risk management practices, maintain adequate capital levels, and leverage innovation to remain competitive and resilient.
The implementation of major reporting standards such as IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments continues to reshape financial reporting across the sector. While significant progress has been made, institutions continue to face challenges relating to data quality, systems integration, actuarial modelling, expected credit loss calculations, and evolving regulatory expectations. At the same time, boards and management are under increasing pressure to improve governance structures, strengthen internal controls, and provide transparent and decision-useful information to stakeholders.
Technological innovation is also transforming the financial services landscape. The growth of digital banking, mobile financial services, fintech and Insurtech solutions, artificial intelligence, and advanced data analytics is creating new opportunities for operational efficiency, customer engagement, and financial inclusion. However, these developments also introduce emerging risks relating to cybersecurity, data governance, operational resilience, and regulatory compliance.
Further, the sector continues to play a critical role in advancing financial inclusion and supporting economic development. Despite the significant progress achieved in expanding access to financial services, institutions must continue developing innovative products and delivery channels that meet the needs of underserved populations while maintaining sound risk management practices.
Against this backdrop, the Institute has organized the Insurance & Banking Sector Conference 2026 to provide a platform for regulators, practitioners, accountants, auditors, actuaries, risk professionals, policy makers, and industry leaders to discuss emerging developments, share practical experiences, and explore strategies for enhancing financial reporting, institutional resilience, governance, innovation, and sustainable growth within the financial services sector.
The conference will explore the following thematic areas:

Economic Outlook, Regulatory Developments and Sector Resilience

Emerging economic and regulatory developments affecting banks and insurers
Prudential supervision and compliance expectations
Building resilience in an increasingly uncertain environment

IFRS 17: Implementation Progress and Emerging Challenges

Lessons learned from implementation
Contractual Service Margin (CSM), actuarial and systems considerations
Financial reporting implications and regulatory expectations

IFRS 9 and Credit Risk Management

Expected Credit Loss (ECL) modelling and impairment challenges
Credit risk management in a changing economic environment
Emerging implementation and regulatory developments

Capital Adequacy, Solvency and Reinsurance Strategies

Capital adequacy and solvency requirements
Stress testing and capital optimization
Strategic use of reinsurance for risk mitigation and financial resilience

Advancements in Actuarial Valuation and Risk Modelling

Emerging actuarial techniques and innovations
Predictive modelling and insurance risk assessment
Practical insights from industry

Digital Transformation, Fintech and Artificial Intelligence

AI applications in banking and insurance
Fintech and Insurtech innovations
Data analytics and automation in financial reporting and decision-making

Cybersecurity, Data Governance and Operational Resilience

Emerging cyber risks and threat management
Data governance and protection requirements
Strengthening operational resilience and business continuity

Anti-Money Laundering Considerations for Banking & Insurance Sectors

Anti-Money Laundering and Automatic Exchange of Financial Information updates
AML Regulatory framework updates
Kenya’s Grey-Listing -Causes and your role in supporting getting Kenya out of Grey Listing
AML Compliance Challenges-Politically Exposed Persons, Beneficial Ownership, Due Diligence
Foreign Account Tax Compliance Act (FATCA) obligations
Common Reporting Standards (CRS) Obligation

9. Digital transformation in insurance and banking in Kenya

The rise of mobile money and fintech
Digital banking platforms
Insurtech: digital insurance distribution models
Practical use cases of AI

10. Feedback from 2025 Financial Reporting (FiRe) Award for Banking & Insurance Sectors

Areas of notable improvement
Major areas of non-compliance
Way Forward

TARGET AUDIENCE:
Banking professionals, Insurance professionals, Chief Internal & Risk Managers, CEOs, Senior Management, Aspiring bankers and insurance professionals, Members of Board of Directors of corporations, Business Owners and Entrepreneurs,
FINANCIAL COMMITMENT:

Category
Charges Physical
Virtual

Associate Members
Kes 40,000 per Delegate
Kes. 15,000

Full Members
Kes. 45,000 per Delegate
Kes. 15,000

Non-Member
Kes. 50,000 per Delegate
Kes. 15,000

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

Sustainability Assurance Workshop
2026-07-16 09:00 - 2026-07-17 15:30 | ICPAK Auditorium, CPA Centre, Nairobi
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Assurance Workshop
Theme:
Date: 16th-17th July 2026
Time: 9.00am-3.30pm
Venue: ICPAK Auditorium, CPA Centre
Overview
Target Audience:
This training will be useful to all professional Accountants and professionals from all relevant cross-cutting disciplines since sustainability reporting and the IFRS Sustainability Disclosure Standards are professional agnostic.
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 18,500/= 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.

Sustainability Reporting (IFRS S1 and S2) Nyanza Branch
2026-07-16 09:00 - 2026-07-17 15:30 | To Be Confirmed, Kisii Town, Kisii, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Sustainability Reporting (IFRS S1 and S2) – Nyanza Branch
Theme:
Date: 16th – 17th July 2026
Time: 09.00am -3.30pm
Venue: Kisii, TBC
Overview
Target Audience:
This seminar 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 workshop is mandatory Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on,+254715897475, or via email to Martin Oriaro Imali at martin.oriaro@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

Forensic Audit and Internal control Workshop-Central Rift Branch
2026-07-16 09:00 - 2026-07-17 15:30 | Lemaiyan Suites, Naivasha
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Forensic Audit and Internal control Workshop-Central Rift Branch
Theme:
Date: 16th – 17th July 2026
Time: 09.00am -3.30pm
Venue: Lemaiyan Suites Naivasha
Overview
Forensic auditing has become an essential response to the growing incidence and sophistication of fraud, financial misconduct and governance failures within organizations. The application of forensic audit principles, including the identification of fraud risk factors, understanding fraud typologies, and recognizing red flags, is increasingly relevant in strengthening accountability and transparency. These aspects provide a foundation for examining how financial irregularities arise and how they can be detected through focused investigative approaches.
Equally critical is the role of internal control systems in mitigating organizational risk. The design and implementation of effective internal controls, guided by established frameworks such as the COSO Internal Control Framework, form a core element of sound financial management. Weak or poorly implemented controls often expose organizations to fraud, errors, and non-compliance, making the assessment of control environments a key area of focus in forensic audit engagements.
The interaction between internal controls and forensic audits underscores the importance of linking preventive and detective mechanisms. Understanding how control weaknesses create opportunities for fraud, and how forensic audit techniques such as data analysis, digital forensics, and evidence gathering are applied when controls fail, remains central to modern audit and assurance practices. Investigation processes and forensic reporting further support the communication of findings in a manner suitable for management, regulators, and legal proceedings.
In addition, governance, ethical considerations, and regulatory requirements shape the effectiveness of both forensic audits and internal control systems. The responsibilities of auditors and finance professionals, alongside emerging challenges such as technology-driven fraud and cyber risks, continue to influence the evolution of forensic auditing. These developments highlight the need to remain responsive to new risks while reinforcing strong internal control and governance structures.
The workshop is designed to cover the following topics:

Introduction to Forensic Auditing: Principles, Scope, and the Forensic Audit Process
Techniques and Best Practices in Forensic Auditing
Data Forensics in Action: Leveraging AI and Big Data to Strengthen Audit Trails and Internal Controls

Application of technology, Data analytics, and AI in forensic investigations and control testing.

Modern Fraud Landscape and Emerging Trends in Forensic Auditing

Overview of current fraud schemes
Key players
Evolving fraud risks and regulatory developments.

Risk Assessment and Fraud Risk Profiling for Organizations

Identifying, assessing, and prioritizing fraud risks across organizational processes and sectors.

Internal Control Frameworks: Developing an effective Internal Control Framework (ICF)
Developing Policies: Procedure manuals to support effective internal controls
Forensic Investigation Report Writing and Evidence Management

Documentation standards, evidence handling, and preparing reports that stand up

Embedding a Proactive Fraud Detection and Ethical Culture in the Workplace

Whistleblowing mechanisms
Fostering ethical culture and building a sustainable “speak-up” and fraud-aware culture.

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 14 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 0723 920829, or via email to Henry Ngetich at henry.ngetich@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

Financial Reporting Seminar - Western Branch
2026-07-16 09:00 - 2026-07-17 15:30 | To be Confirmed, Kakamega
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Financial Reporting Seminar – Western Branch
Theme:
Date: 16th – 17th July 2026
Time: 9.00 AM-15.30PM
Venue: Amanda Hotel- Kakamega
Overview
The global financial reporting environment continues to evolve rapidly, driven by increased regulatory scrutiny, technological transformation, sustainability imperatives, and growing stakeholder demand for transparent, comparable, and decision-useful financial information. In this environment, the International Financial Reporting Standards (IFRS) remain central to promoting high-quality financial reporting, enhancing consistency across jurisdictions, and maintaining public confidence in the accounting and finance profession. Organizations are increasingly expected to provide financial reports that accurately reflect business performance while addressing broader risks and opportunities that influence long-term value creation.
Accounting and finance professionals are therefore required to stay informed about new standards, amendments, interpretations, and emerging implementation challenges. As transactions and reporting expectations become more complex, professionals must apply sound technical expertise and professional judgment to ensure compliance, accuracy, and consistency in financial reporting. This Financial Reporting Seminar has been designed to strengthen participants’ understanding of current IFRS requirements and enhance their ability to apply the standards effectively in practical and increasingly complex reporting environments.
Recent IFRS developments relating to financial instruments, revenue recognition, leases, sustainability-related disclosures, and the presentation of financial statements continue to have significant implications for recognition, measurement, presentation, and disclosure. In particular, the introduction of IFRS S1 and IFRS S2 represents a major shift toward integrating sustainability and climate-related information with traditional financial reporting. These standards require organizations to strengthen governance, reporting processes, and internal controls in order to meet evolving stakeholders and regulatory expectations.
The seminar will provide practical insights into navigating these developments and addressing common challenges in areas such as fair value measurement, impairment assessments, financial risk disclosures, and sustainability reporting. Through practical illustrations, case studies, and interactive discussions, participants will gain a deeper understanding of real-world application issues, common reporting pitfalls, and areas requiring significant professional judgment across different industries.
By bringing together technical experts, practitioners, preparers, auditors, and finance professionals in an interactive physical setting, the seminar offers a valuable platform for strengthening technical competence, sharing implementation experiences, and discussing emerging trends in financial reporting. Ultimately, the seminar reinforces the profession’s commitment to high-quality financial reporting, transparency, accountability, and compliance with global best practices.
Key Areas to be Covered

IFRS S1 – General Requirements for Disclosure of Sustainability-related Financial Information

Purpose and objectives of IFRS S1
Relationship with other sustainability frameworks (GRI, TCFD)
Core disclosure pillars: Governance, Strategy, Risk Management, Metrics and Targets

IFRS S2 – Climate-related Disclosures

Purpose and scope of IFRS S2
Board oversight and governance of climate-related matters
Management’s role in identifying and managing climate risks and opportunities
Impact of climate risks on business models, strategy, and financial planning
Greenhouse Gas (GHG) emissions: metrics and targets

GHG Emissions and Climate-related Financial Risk

Introduction to GHG emissions
Overview of the GHG Protocol (Scope 1, Scope 2, and Scope 3 emissions)
Managing climate risks and reducing emissions
Link between climate-related risks and financial reporting
Developing and implementing a transition plan

The Sustainability Reporting Cycle

Allocation of responsibility for sustainability reporting
Establishing the sustainability reporting landscape
Identification of material sustainability-related information
Determination of data requirements
Data collection, validation, and reporting
Implementation and continuous improvement of sustainability reporting

Financial Instruments: IFRS 9 and IFRS 7

IFRS 9 – Financial Instruments

Classification and measurement of financial assets and liabilities
Expected Credit Loss (ECL) model and impairment considerations
Hedge accounting
Derecognition

IFRS 7 – Financial Instruments Disclosures

Categories of financial instruments
Disclosure of financial risks (credit, liquidity, and market risk)
Statement of financial position disclosures
Impairment and liquidity risk disclosures

Other Key IFRS Developments Affecting Financial Reporting

IFRS 16 – Leases

Lease identification and term determination
Recognition and measurement of right-of-use assets and lease liabilities
Lease modifications
Presentation and disclosure requirements

IFRS 15 – Revenue from Contracts with Customers

Scope and recognition principles
Measurement of revenue
Contract costs
Presentation and disclosure

IFRS 18 – Presentation and Disclosure of Financial Statements

Revised income statement structure
Management-defined performance measures
Aggregation and disaggregation principles
Other key changes affecting financial statements
Interim financial reporting
Effective date and transition considerations

Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on, +254 0729170478, or via email to Linet Andeyo at linet.andeyo@icpak.com with a copy to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Mental Health and Substance Abuse in the Workplace-Webinar
2026-07-21 16:00 - 18:00 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Mental Health and Substance Abuse in the Workplace Webinar
Theme: Balancing High Performance with Mental Wellness: Cultivating a
Culture of Care in the Corporate Workspace
Date: 21st July 2026
Time: 04.00 pm-06.00 pm
Delivery Mode: Zoom /Online
Overview
Mental health has emerged as one of the most critical workplace issues of our time, affecting employees across all professions, industries and organizational tiers. The relentless demands of modern corporate environments, amplified by economic pressures, rapid technological disruptions, personal challenges and evolving workplace expectations have contributed to rising levels of stress, anxiety, burnout, depression etc.
Simultaneously, substance abuse continues to pose deep, systemic challenges within organizations, silently eroding employee well-being, team dynamics, and overall institutional performance. The misuse of alcohol, prescriptions drugs and other substances manifest heavily on corporate balance sheets through chronic absenteeism, present physical but mentally disengaged (presenteeism). Comprises decision making, operational safety hazards, escalating healthcare costs.
Accountants, finance experts, business leaders, doctors just to name a few often operate in high-pressure ecosystems characterized by demanding workloads, uncompromising compliance deadlines and significant fiduciary responsibilities. These make them vulnerable to psychological risks. Yet despite growing awareness, mental health and substance abuse remain shrouded in stigma, frequently preventing individuals from seeking timely intervention. Today organizations are promoting psychological well-being not as a human resource preference but a strategic necessity.
It is against this background that this webinar has been designed to create a platform for open, stigma free dialogue to equip individuals and organizational leaders with the practical strategies required to identify risks early, foster a culture of care, building resilient, psychologically safes workplaces.
Key topics to be covered include:

Understanding mental health in the workplace
Substance Abuse and its workplace implications
Recognizing warning signs and executing early interventions
Building a mentally healthy and psychologically safe workplace
Promoting resilience and personal self-care

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

Audit Quality Assurance Workshop-mandatory training
2026-07-22 09:00 - 2026-07-23 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Quality Assurance Workshop – Mandatory Training
Date: 22nd-23rd July 2026
Time: 9.00am-3.30pm daily
Delivery Mode: Virtual
(This is one of the mandatory training courses for Practicing Certificate consideration)
Overview
Target Audience
This training will be useful to all Accountants in practice and those aspiring to join the field.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successful 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 +254 719 074 000, or via email to marketing@icpak.com
