ICPAK

Taxation for Business Income Part II
2025-01-01 08:00 - 2026-12-31 17:00 (Europe/Moscow) | bafunde.com

IPSAS 14/IAS 10- Events After The Reporting Date
2025-01-01 08:00 - 2026-02-28 17:00 | bafunde.com

Personal Resilience and Agility: A winning combination for the New Normal
2025-01-01 08:00 - 2026-12-31 17:00 | bafunde.com

The self-care toolkit for managers in crisis situations
2025-01-01 08:00 - 2026-12-31 17:00 | bafunde.com

The 6th External Audit Practitioners Forum (Mandatory Training)
2025-04-23 09:00 - 2026-02-28 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
The 6th External Audit Practitioners Forum (Mandatory Training) – Recording
Theme: Upholding Public Interest Through the Improvement of Audit Quality
Date: 23rd – 24th April 2025
Time: 09.00am-03.30pm
Venue: Virtual
This is one of the Mandatory Trainings for practicing certificate consideration
Overview
Audit firms in Kenya today play a critical role in facilitating economic growth and development. The audit reports they generate drive individual and firms’ economic and investment decision-making processes. These reports are also relied upon by an individual or a firm in taking a decision to invest in a particular firm or not and are therefore fundamental in guiding and influencing economic decisions at an individual and firm level. Audit report is an output of a rigorous exercise undertaken by staff of an audit firm. Its quality is solely dependent on the individual audit firm’s capacity and abilities to deliver quality audit services anchored on applicable professional ethical standards in a sustainable way.
This is particularly important in the face of the increased reported cases of collapse of corporates immediately following issue of clean audit reports. Consequently, public confidence and trust in the audit exercise is under threat and often raises more questions than answers. This adversely affects the reputation of not only the audit firms involved but also the accountancy profession at large.
Therefore, it is imperative that audit firms that provide external audit services are supported to maintain and develop their professional competence and skills to enable them to offer audit services of high standards to their clients. This will go a long way in providing an appropriate tone and culture of commitment to high professional standards in leadership of the audit firms in Kenya. In addition, it will enable them to perform appropriate engagement risk management exercises to delineate important risks associated with a particular audit undertaking and subsequently decide to accept or reject the offer to perform an audit.
Moreover, many small audit firms are faced with the challenge of managing effectively their human resources. Succession planning is one identified issue with many owners managed (sole proprietorship) audit firms where upon the demise of the sole auditor, the firm faces challenges of existence. Managing intergenerational transitions for many audit firms, particularly in the small category group, is an existential challenge and one that if not addressed effectively has the potential to negatively affect their performance.
The digital transformation taking place in all spheres of human life today is also impacting on external audit service delivery. External audit practitioners are therefore required to keep abreast of the new developments not only in digital space, but also in other relevant areas such as the social, economic and political landscapes of the economies they operate in. It is also noteworthy to mention here that cyber security risks present a significant threat to financial reporting systems and capital markets. Therefore, external auditors are expected to obtain the competence necessary to deal with key cyber risks. Moreover, with heightened cases of money laundering, it is critical that awareness on anti-money laundering (AML) laws, regulations and best practices is created amongst practitioners to enhance their compliance with the new laws and requirements.
The impact of the various new developments mentioned above cut across both the private and public audit landscapes and the complexities arising from the global developments around the profession call for concerted efforts aimed at not only maintaining the quality of the audits undertaken, but also equally reassure the public that the audited financial statements can be relied upon. This trust aspect must be maintained at all costs if the audit practice were to continue gaining the expected confidence and trust of the public.
Last but not the least, the adoption of new IFRSs, ISAs and IPSASs requires that external auditors are appraised of the new standards and how it impacts on their professional duties. For example, currently there are several newly adopted IFRSs on sustainability reporting and assurance including IFRS S1 & S2 and ISSA 5000 which are relevant to external audit practitioners today.
It is against this background that the Institute has organized a two-day virtual forum to discuss these critical developments which affect the audit practice and accountancy profession and seek to address the ensuing concerns of audit quality. To guide the discussion during the Seminar, the following topics of discussion will form the focus of this very important virtual event.
i. Developments in accounting and auditing standards and the impact on audit quality management – ISQM 1 & 2, ISA 220.
ii. The current auditing challenges and opportunities: An overview of the recent developments in audit practices
iii. Sustainability of audit firms: effective management including succession planning for audit firms
iv. Recent developments in Audit Practice; Case studies and lessons to be learned
-Focus on sustainability reporting and assurance IFRS S1 & S2 and ISSA 5000 and implications on the audit practice in Kenya
v. The new auditor reports signing and other regulatory requirements impacting the profession.
vi. Effective risk management of an audit engagement – drawing practical lessons from practitioners’ experiences.
vii. Effective audit firm leadership, governance & culture
viii. Cybersecurity and its impact on audit practitioners
ix. Anti Money Laundering (AML) for professionals
x. Leveraging technology to deliver required efficiencies and quality in audit assignments.
-Practical insights on the utilization of the ICPAK Audit Software
Target Audience:
Private and Public Audit Practitioners, Public Sector Accountants, Chief Finance Officers, Finance Directors and Managers, Tax Experts, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Extractive and SMEs sector accountants, Internal Auditors, Tax Practitioners, Professionals working in County Governments and private sectors, Academia, employees of the NPO Sector.
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the Conference sessions.
Cost:
Charges for the training will be Kes10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Conference 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)

International Taxes and Transfer Pricing Workshop (Mandatory Training)
2025-05-28 09:00 - 2026-02-28 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
International Taxes and Transfer Pricing Workshop (Mandatory Training) – Recording
THEME: Tax compliance within the country and across borders
Date: 28th- 29th May 2025
Time: 9: 00am-3: 30pm
Mode of Delivery: Virtual /Zoom
(This is one of the Mandatory Trainings for practicing certificate consideration)
Overview
International tax and transfer pricing rules are constantly evolving and have undergone significant changes in recent years. Changes in tax legislation, practice, or the approach of tax authorities across the globe can have significant implications for multinational groups. Economic shifts and digitalization are fundamentally changing the tax landscape. New challenges in tax compliance and global taxation of the digital economy are adding to the overall complexity. Transfer pricing refers to the pricing of goods, services, and intangibles between related parties located in different countries. The transactions between related parties are to be carried out at an “arm’s length” basis. Prices are meant to efficiently allocate resources in the market whereas the role of transfer prices is to efficiently allocate resources within a company as they move from one related entity to another.
The OECD Transfer Pricing Guidelines have changed considerably over the past few years. Consequently, policies are being reviewed and in some cases changes to pricing have to be made. Multinational enterprises must determine now what practical implications they face and how they can best operate within this radically changed regulatory environment.
In Kenya, international taxes and transfer pricing are increasingly shaping the roles of accountants. As the country embraces globalization and attracts foreign investments, compliance with international tax standards and transfer pricing regulations has become paramount. Accountants in Kenya play a pivotal role in ensuring organizations adhere to these standards, mitigating tax risks, and optimizing cross-border transactions. The Kenyan Revenue Authority’s (KRA) heightened focus on transfer pricing audits and the adoption of global best practices demand that accountants stay informed and proactive. They must navigate complex tax treaties, manage permanent establishment risks, and align financial strategies with regulatory expectations to safeguard business interests and drive sustainable growth.
The primary goal of this workshop as set by The Institute of Certified Public Accountants of Kenya (ICPAK) is to empower finance and tax professionals, legal advisors, policymakers, and other stakeholders with the tools and knowledge required to address challenges in international tax and transfer pricing. The sessions will focus on creating a comprehensive understanding of current trends, compliance requirements, and strategies to manage risks associated with cross-border transactions. The workshop will also serve as a platform for sharing expertise, fostering collaboration, and providing actionable solutions tailored to the specific needs of businesses operating in a global environment.
The symposium intends to enhance the participants’ understanding of transfer pricing by focusing on:

Overview of BEPS Pillar I and II: Implications and Compliance Strategies
International tax planning
Development of Transfer Pricing Frameworks Aligned with OECD Guidelines
Structuring Cross-Border Transactions for Tax Efficiency
Value Chain Analysis and Tax Optimization
Operational Transfer Pricing: Technology and Process Integration
Dispute Resolution in International Tax and Transfer Pricing
Practical Insights into Managing Regulatory Compliance
Transfer pricing documentation

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.
This training is one of the mandatory training courses for Practicing Certificate consideration. All members who would wish to practice in the future are also encouraged to enroll for the course as it provides practical skills required for effective performance in taxation and tax advisory services.
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 at marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

Audit Practical Skills Workshop (mandatory training)
2025-06-17 09:00 - 2026-02-28 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Practical Skills Workshop (mandatory training) – Recordings
Theme: Bridging the Practical Audit Skills Gap in a Rapidly Evolving Risk and Technological Environment
Date: 17th -18th June 2025
Time: 09.00am- 03.30pm
Mode of Delivery: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
Across the globe, audit failures continue to expose critical gaps in risk identification, fraud detection, and documentation quality. This is despite significant investment in tools and training. These persistent deficiencies, often flagged in regulatory inspections, point to a deeper issue: the need for a transformative shift in audit practice. As emerging technologies, complex fraud schemes, and tightening regulatory demands reshape the audit landscape, traditional procedural audits are no longer sufficient. Instead, auditors must adopt a more strategic, investigative, and risk-responsive approach to remain relevant and effective.
In Kenya, this global shift is echoed through growing pressure on the audit profession to meet the heightened expectations of regulators, boards, and the investing public. The profession is moving decisively toward risk-based auditing and value-driven assurance, demanding rigorous application of the International Standards on Auditing (ISAs). Central to this evolution are the revised ISA 315, which focuses on robust identification and assessment of risks of material misstatement, and ISA 220 (Revised), which emphasizes quality management at the engagement level. These standards are not only compliance tools – they are frameworks for delivering insightful, high-quality audits in a dynamic business environment.
The rising prevalence of fraud and financial misconduct has further elevated the role of the auditor. Modern auditors are expected to strengthen their forensic capabilities, leveraging data analytics and applying enhanced professional skepticism to detect anomalies and respond to fraud risks early. At the same time, tightening Anti-Money Laundering (AML) laws have expanded the auditor’s remit to include scrutiny of financial flows for indicators of money laundering, terrorism financing, and other illicit activities. This signals a broader shift: auditors are increasingly becoming agents of financial integrity and regulatory accountability.
Compounding these challenges are today’s volatile economic conditions – marked by inflation, geopolitical instability, and supply chain disruptions – that can trigger significant post-reporting events. IAS 10: Events After the Reporting Period remains a vital standard in this context, requiring auditors to exercise sound judgment in identifying and disclosing such events to maintain the integrity and relevance of financial statements. Misclassification or oversight can materially mislead stakeholders and erode trust.
At the foundation of effective audit delivery is audit quality control, as set out in ISQM 1 and ISA 220 (Revised). These standards emphasize a proactive, risk-based system of quality management that supports consistent, high-quality engagement performance. However, without robust documentation, as prescribed by ISA 230, even the most well-intentioned audit procedures may fall short. The complexity of accounting estimates, evolving judgments, and accelerating technological integration demand that auditors continuously enhance their ability to evaluate audit evidence, apply judgment, and maintain thorough documentation.
Recognizing these multifaceted demands, the forum concludes with a renewed focus on ethical resilience, professional growth, and the development of adaptive capabilities. As auditors face expanding roles and increased public scrutiny, soft skills—such as communication, leadership, ethical decision-making, and client management—are no longer optional; they are critical enablers of success. This forum is therefore designed not only to advance technical mastery but also to empower audit professionals to lead with confidence, integrity, and agility in today’s complex assurance landscape.
Key Focus Areas
This Training is divided into the following modules covering various aspects.

DAY
MODULE
TOPICS

DAY 1

A. Enhancing Risk-Based Audit Planning through Updated ISA Guidance

· Practical application of ISA 300 – Planning an Audit of Financial Statements.
· Practical application of ISA 315 (Revised 2019) – Identifying and Assessing the Risks of Material Misstatement.
· Practical Application of ISA 240 – The Auditor’s Responsibilities Relating to Fraud.
· Practical application of ISA 330 – The Auditor’s Responses to Assessed Risks
These, in the context of, emerging technologies, complex fraud schemes, and tightening regulatory demands.

B. Audit Execution and Documentation Standards in the Digital Era

· Effective use of ISA 230: Audit documentation essentials and recent expectations.
· ISA 500 – Audit Evidence in a digital era.
· Leveraging audit software tools to standardize working papers.
· Addressing audit file quality issues and avoiding recurring review points.
· Ensuring documentation meets regulatory and quality review requirements.

C. Anti-Money Laundering and the Expanding Role of Auditors

· AML frameworks and audit procedures for detecting red flags.
· Evaluating compliance with reporting obligations under AML laws.
· Recognizing suspicious activity indicators within financial statements.
· Auditor’s responsibilities in relation to reporting suspicious transactions.

D. Responding to Fraud Risk Response for Professional Auditors

· Techniques for investigating financial irregularities and control circumvention.
· Case-based detection of fictitious and override transactions.
· Role of forensic audit in strengthening internal controls and accountability.
· Using fraud risk indicators to shape audit procedures and planning.

DAY 2
E. Events After the Reporting Period and Their Audit Implications

· Understanding IAS 10 and its relevance in ongoing engagements.
· Assessing adjusting vs. non-adjusting events and their audit treatment.
· Evaluating going concern assumptions in light of subsequent events.
· Communicating post-reporting risks in auditor’s report and management letters.

F. Quality Control (ISQM 1) and ISA 220: Managing Engagement-Level Quality

· Role of the Engagement Partner under ISA 220 (Revised).
· Monitoring audit quality indicators and reviewer findings.
· Establishing robust supervision and review processes during engagements.
· Integrating firm-level policies with engagement-specific risks.

G. Emerging Trends in Audit Technology and Data Analytics

· Opportunities and risks in automating audit tests.
· Data Analytics – Driven Audit Procedures
· AI and Machine Learning in Risk Assessment
· Robotic Process Automation (RPA) such as Routine task automation – data extraction, reconciliations, and confirmations.
· Challenges in data reliability and auditor judgment in tech-based audits.

H. Professional Growth and Ethical Competence in Audit Practice

· Maintaining auditor independence in high-pressure environments.
· Enhancing communication and critical thinking during audits.
· Auditor responsibility in shaping transparent governance.
· Embedding continuous learning and resilience in audit career paths.

Target Audience
This workshop will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Value Added Tax (VAT) Workshop (Mandatory Training)
2025-07-01 09:00 - 2026-05-31 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) – Recording
Theme: Ensuring VAT Compliance
Date: 1st – 2nd July 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration
Overview
Have you ever wondered how VAT impacts everything from your morning coffee to global business transactions? What if you could unlock the secrets behind this ubiquitous tax system and become a VAT virtuoso? This Workshop isn’t just about numbers and tax codes; it’s a journey into the heart of commerce and economics.
As we dive into the realms of VAT, you’ll learn to navigate the intricate maze of regulations, understand the vital role of VAT in different economies, and even decode the mysteries of international VAT compliance. Think of yourself as an economic explorer, charting new territories in the world of finance and taxation.
As we all know in today’s globalized and dynamic business environment, Value Added Tax (VAT) has become one of the most critical and complex tax regimes that businesses must navigate. VAT is essential not only for generating government revenue but also as a fundamental component of business strategy, influencing the way companies operate, plan, and report their financials. With tax laws constantly evolving, accounting and tax professionals must stay informed about regulatory changes to ensure compliance, optimize tax liabilities, and manage VAT risks effectively.
VAT plays a crucial role in Kenya’s economy, where the Kenya Revenue Authority (KRA) has significantly strengthened its enforcement mechanisms. Over the past few years, Kenya has seen substantial changes in its VAT regulations, including the introduction of VAT on digital services and the enforcement of e-filing and e-invoicing systems, which are transforming the tax administration landscape. These changes not only challenge businesses but also create opportunities for those who can strategically plan their VAT obligations. As such, it is increasingly important for accountants, tax advisors, auditors, and other financial professionals to stay up to date with these changes and understand their implications on business operations.
This workshop is designed to equip delegates from across various sectors—including telecommunications, banking, consulting, and more—with the knowledge and practical skills needed to navigate the complexities of VAT. Whether you’re working with large organizations or Growing Companies, this session will provide key insights into VAT laws and offer practical solutions to mitigate risks, enhance compliance, and optimize tax strategies in your day-to-day operations. These among others form part of the areas of discussion during the session.
Key Areas to be Covered
1. Introduction to VAT and Its Global Impact
o Understanding the VAT framework and its importance in business operations worldwide.
o Overview of VAT systems in different regions and how they compare to the Kenyan system.
2. VAT in Kenya: Legal Framework and Compliance Requirements
o Detailed analysis of Kenya’s VAT Act and the role of the Kenya Revenue Authority (KRA) in enforcing VAT compliance.
o Recent amendments, including VAT on digital services, new exemptions, and updates to VAT rates.
o Practical considerations in preparing and filing VAT returns, including e-filing and e-invoicing systems.
3. VAT Policy and Economic Implications
o The role of VAT in Kenya’s economic development and fiscal policy.
o Exploring how VAT reforms affect businesses and government revenue generation.
4. Strategic Tax Planning with VAT
o Techniques for optimizing VAT payments and ensuring compliance in different business models.
o Managing VAT on imports, exports, and transactions with related parties.
o How VAT planning can enhance cash flow and reduce tax liabilities.
5. VAT Audits and Dispute Resolution
o What to expect during a VAT audit by KRA and best practices to avoid penalties.
o Procedures for handling disputes and resolving issues with the KRA.
o Case studies of VAT audits and common mistakes businesses make.
6. Impact of VAT on Financial Reporting
o How VAT affects financial statements and tax filings for large corporations.
o The role of accountants in preparing VAT-compliant financial reports for different sectors.
7. Sector-Specific VAT Issues
o Special VAT considerations for industries such as telecommunication, banking, and professional services.
o Addressing sector-specific VAT challenges and opportunities for tax efficiency.
8. The Role of Technology in VAT Compliance
o Embracing digital tools like e-invoicing, e-filing, and automated VAT solutions to enhance compliance and efficiency.
o Exploring KRA’s digital tax administration system and its implications for business operations.
9. Cross-Border Transactions and VAT
o Handling VAT on cross-border transactions, including imports and exports.
o Understanding VAT treatment in international trade agreements and tax treaties.
10. VAT Refunds and Credits
o Procedures for claiming VAT refunds and managing input VAT credits.
o Common errors in VAT refund claims and how to avoid them.
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.

Audit Quality Assurance Workshop 2025 (Mandatory Training)
2025-08-12 09:00 - 2026-02-28 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Quality Assurance Workshop (Mandatory Training) – Recording
Date: 12th – 13th August 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
Certain audit engagements consistently meet stakeholder expectations, while others fall short, leading to financial misstatements and loss of public trust. The disparity often stems from how well audit procedures’ quality assurance systems work. Poor audit results are caused by inadequate quality controls, noncompliance with defined standards, and inadequate auditor training.
Audit quality assurance encompasses the systematic processes and procedures that ensure audit services meet established standards and provide reliable, objective, and valuable insights. It involves a comprehensive understanding of applicable frameworks, such as the International Standards on Auditing (ISAs), and adherence to ethical guidelines that safeguard auditor independence and objectivity.
Implementing effective internal quality control systems is paramount. These systems should be designed to monitor compliance with professional standards, evaluate the effectiveness of audit methodologies, and facilitate continuous improvement through feedback and corrective actions. Additionally, external quality assessments serve as an essential tool for benchmarking practices against industry standards and pinpointing areas in need of improvement.
Incorporating technology into audit processes can significantly enhance quality assurance. Tools such as data analytics, automated workflows, and electronic documentation systems streamline audit procedures, reduce the risk of errors, and provide real-time insights into audit quality metrics. Moreover, fostering a culture of continuous learning and ethical vigilance ensures that auditors remain abreast of evolving standards and maintain the integrity of the audit process.
Considering this, ICPAK has organized the 2 – day virtual symposium to address the following areas:
1. Enhancing Firm Quality Management through ISQM 1 – Overview of Key Components
 Risk Assessment Process
 Governance & Leadership
 Relevant Ethical Requirements
 Acceptance & Continuance of Client Relationships & Specific Engagements
 Resources
 Engagement Performance
 Information and Communication
 Monitoring and Remediation Process
2. Ethical Considerations and Auditor Independence.
 Understanding ethical principles in auditing.
 Maintaining auditor independence and objectivity.
 Addressing ethical dilemmas in audit engagements.
3. Risk-Based Approach to Audit Planning and Execution.
 Identifying and assessing audit risks.
 Developing responsive audit strategies.
 Implementing risk-based audit procedures.
4. Leveraging Technology in Audit Quality Assurance.
 Utilizing audit software and tools.
 Incorporating data analytics into audit processes.
 Enhancing audit efficiency through technological advancements.
5. Emerging Trends in Audit Technology and Data Analytics
 Opportunities and risks in automating audit tests.
 Data Analytics – Driven Audit Procedures
 AI and Machine Learning in Risk Assessment
 Robotic Process Automation (RPA) such as Routine task automation – data extraction, reconciliations, and confirmations.
 Challenges in data reliability and auditor judgment in tech-based audits.
6. Anti-Money Laundering and the Expanding Role of Auditors
 AML frameworks and audit procedures for detecting red flags.
 ML Risk Manifestation for Accountants
 Evaluating compliance with reporting obligations under AML laws.
 Recognizing suspicious activity indicators within financial statements.
 Auditor’s responsibilities in relation to reporting suspicious transactions.
7. Continuous Improvement and Feedback Mechanisms.
 Establishing feedback loops within audit teams.
 Implementing lessons learned from past audits.
 Promoting a culture of continuous improvement.
8. Case Studies: Lessons from Audit Failures and Successes.
 Analyzing notable audit failures and their causes.
 Identifying best practices from successful audits.
 Applying lessons learned to future audit engagements.
Target Audience
This workshop will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

ACCOUNTANCY PROFESSIONAL PRACTICE FORUM (Mandatory Training) virtual option
2025-08-20 09:00 - 2026-02-28 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ACCOUNTANCY PROFESSIONAL PRACTICE FORUM Mandatory Training – Virtual – Recording
Theme: Embracing accountancy standards and quality requirements for excellence
Date: 20th -22nd August 2025
Venue: Virtual Delivery
This is one of the mandatory training courses for practicing certificate consideration for Category C License
Overview
The accountancy profession continues to evolve as it responds to the changing business dynamics and other external developments like regulatory demands and the ever-changing technological and digital space. There have also been developments in the standards setting environment which aim to strengthen the quality of practitioners’ engagements.
The quality standards- ISQM 1& 2 strengthen and modernize how a firm of any size or level of complexity approaches quality management. They address the evolving and increasingly complex audit ecosystem, including growing stakeholder expectations and a need for quality management systems that are proactive and adaptable. From an audit and assurance perspective, it is important to note that concerns on audit quality continue to be a key issue that is still drawing critical attention from the public and other stakeholders who rely on audited financial statements to make key business decisions and judgements.
While it is crucial to address these quality considerations, there needs to be an element of efficiency and cost optimization in the delivery of all audit and advisory engagements. This is a critical consideration which the practitioners must give to their work as they endeavor to deliver the best service to their clients.
It is against this background that the Institute has organized a three-day seminar to discuss these critical developments which affect the practitioners in the different categories of practice, and the accountancy profession at large and seeks to address the rising concerns of work quality while ensuring that efficiency in undertaking engagements is maintained. To guide the discussion during this seminar, the following topics of discussion will form the focus of this event.
Topics

Implementation of ISA for LCEs Globally; Challenges & opportunities
Overview of the second and third edition of IFRS for SMEs
Implementation of firm and engagement level quality considerations – an in-depth assessment of the ISQM 1 and 2 requirements: Sharing of experiences on Firm risk assessment and Monitoring & remediation
Engagement partner and engagement team’s responsibilities for quality management for an audit of financial statements as per ISA 220
Code of Ethics for Professional Accountants- A focus on recent amendments by IESBA
Mandatory Rotation of Audit Firms
Overview of the taxation landscape and changing laws and the implications to audit firms partners
Overview of the developments within the standard setting environment- New standards- IFRS 18, 19, ISSA 5000
IFRS S1 &S2: General Requirements for Disclosure of Sustainability-related Financial Information and Climate-related Disclosures
Advancing Public Sector Sustainability Reporting: Sustainability reporting for the public sector and overview of IPSASB’s Exposure Draft 83 on Reporting Sustainability Program Information for the public sector
IPSAS 33 – First-time Adoption of Accrual Basis IPSASs: Key requirements for Kenya’s Public Sector transition to the Accrual Basis of Accounting
Key findings from the ICPAK Audit Quality Reviews – Major concerns and practical responses to the issues.
Technological advancements and leveraging the digital space to enhance delivery of the required efficiencies and quality in audit engagements.
Stress management and effective work life balance for accounting professionals
Integrity and ethical considerations for audit, assurance and advisory practitioners

Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending each of the seminar sessions.
Target Audience:
Audit Firm Partners and Staff, CEO, CFOs, Heads of Finance & Accounting Units, Heads of Audit, Chief Risk Officers, Board Members, Accountants employed in all ranks and sectors and other interested participants
Cost:
Charges for the training will be Ksh 15,000/= which will cover workshop fees, materials, and certificates of attendance.
Online Booking:
We call on Conference 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)

ISAs Workshop 2025 (Mandatory Training)
2025-09-10 09:00 - 2026-02-28 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISAs Workshop 2025 (Mandatory Training)
Theme: Enhancing Audit Quality and Public Trust through up-to-date ISAs
Date: 10th – 11th September 2025
Venue: Virtual
This is one of the Mandatory training courses for practicing certificate consideration)
Overview
In today’s dynamic and convoluted financial reporting environment, the need for high-quality audits is more pronounced than ever before. This is because high-quality audit is essential to secure the reliability of financial statements of an organization as well as in fostering trust with internal and external stakeholders and the public. The International Standards on Auditing (ISAs), issued by the International Auditing and Assurance Standards Board (IAASB), form the cornerstone of high-quality audit practices internationally.
With the profound complexity of business transactions and ever-increasing demands from the regulators, policy makers, investors, and the public, it is incumbent upon auditors today to consistently apply ISAs in executing their duties. This is important for them if they were to continue delivering not only robust but also credible assurance services to their clients in a highly competitive environment. The need for deeper understanding and application of ISAs has never been more critical in a globalized environment of today where convergence of audit practices is the norm rather than exception.
It is therefore, imperative that auditing and assurance practitioners’ skill sets are continuously nurtured and developed to keep abreast with the fundamental changes and developments affecting ISAs and how these changes affect their engagements. It is against this background that the Institute has organized a two-day virtual training course designed to strengthen the practical knowledge and application of ISAs among audit practitioners, regulators and public finance professionals. It will provide deep insights into key audit standards while highlighting recent development as well as exploring real -world challenges and solutions in the applications of ISAs. To guide the discussion during the Seminar, the following topics of discussion will form the focus of this very important virtual event.
i. Overview of ISA and IAASB framework: understanding the structure, authority and application of the ISAs
ii. ISA 200 Series- General principles and responsibilities: focus on ISA 200, 210, 220 and 230. Audit ethics, documentation and quality control
iii. Risk-based Auditing- ISA 300, 315 & 330: Planning the audit, understanding the entity and responding to assessed risks
iv. Fraud, compliance and internal control- ISA 240, 250 & 265: Auditor’s responsibilities relating to fraud, laws and regulation
v. Audit Reporting- ISA 700 series: understanding the opinions, modifications and emphasis of matter.
vi. ISA updates & Audit Quality Trends: key revisions including ISA 315 (revised) ISA 220 (revised) and evolving audit challenges
vii. ISSA 5000- International Standard on Sustainability Assurance
Target Audience:
Private and Public Audit Practitioners, Public Sector Accountants, Chief Officers of Finance & Economic planning of the 47 County Governments, Directors of Treasury and accounting, Directors of budgeting, Chief Internal Auditors of county government and trainers and consultants of public financial management
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 Managers and Supervisors Seminar (Mandatory Training)
2025-09-17 09:00 - 2026-02-28 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Managers & Supervisors Seminar (Mandatory Training)
Date: 17th -18th September 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
Theme: Strengthening Audit Supervision for Quality, Integrity, and Digital Readiness
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
The audit profession is undergoing rapid transformation driven by regulatory reforms, technological disruption, and heightened stakeholder expectations. Audit managers and supervisors now find themselves at the center of this shift, tasked with ensuring audit quality, mentoring teams, and upholding ethical and professional standards, while also adapting to digital innovations and evolving business risks.
The integration of technology has brought greater efficiency and analytical power to the audit process, yet it has also created new challenges. Sophisticated fraud schemes, cyber risks, and the complexities of auditing technology-enabled business models require supervisors to adopt stronger oversight practices. At the same time, the new International Standards on Quality Management (ISQM 1 & 2) emphasize accountability, leadership, and risk-based approaches, underscoring the critical role of supervisors in ensuring consistent quality across engagements.
Beyond technical competence, effective supervision now demands strong leadership, the ability to manage diverse teams, and the skill to navigate difficult client relationships and regulatory expectations. Supervisors are expected to model professional skepticism, integrate technology responsibly, and foster a culture of integrity and continuous improvement within audit firms and institutions.
To equip professionals for these responsibilities, ICPAK has designed a two-day virtual symposium tailored to audit managers and supervisors. The symposium will blend technical learning, leadership development, case-based analysis, and practical strategies to help participants strengthen their supervisory capacity. The sessions will explore risk-based audit supervision, the application of digital tools, ethical and regulatory developments, and best practices drawn from real-world scenarios. The goal is to empower participants with the tools, insights, and confidence to lead audit teams effectively, enhance audit quality, and contribute to institutional resilience in a dynamic environment.
The training is designed to cover the following topics:
1: The Evolving Role of Audit Managers & Supervisors

Supervisory responsibilities under ISAs and ISQM requirements.
Balancing technical excellence with leadership responsibilities.
Building a culture of audit quality and accountability.

2: Audit Quality and Risk-Based Audit Approaches

Embedding ISQM 1 & 2 into supervisory practice.
Effective planning and risk assessment.
Techniques for reviewing audit work to ensure accuracy and completeness.

3: Supervisory & Leadership Skills for Audit Managers

Delegation, coaching, and motivating audit teams.
Conflict resolution and managing diverse teams.
Effective communication with partners, clients, and audit staff.

Session 4: Leveraging Technology in Audit Supervision

Role of data analytics, AI, and audit software in modern audits.
Supervisory responsibilities in technology-driven audits.
Challenges and opportunities in digital transformation of audit.

5: Ethics, Professional Skepticism, and Regulatory Updates

Managing independence threats and ethical dilemmas.
Reinforcing professional skepticism at supervisory level.
Updates from regulators, ICPAK, and international bodies.

6: Practical Case Studies & Best Practices

Real-world supervisory challenges in audit.
Lessons learned from engagement reviews and regulatory inspections.
Panel discussion and peer exchange on supervisory excellence.

Target Audience
This workshop will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

Sustainability Reporting Course (physical option)
2025-10-02 09:00 - 2026-02-28 15:30 | ICPAK Auditorium,CPA Center, Nairobi, Ruaraka, Thika Road, Nairobi, Nairobi, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Reporting Course
Theme: Empowering Accountants for Sustainable Impact: Mastering IFRS S1 & S2
Date: 2nd – 3rd October 2025
Time: 9:00 AM – 4:30 PM
Hybrid Event: CPA Centre, Nairobi & Virtual Delivery
Overview
Globally, sustainability reporting continues to gain momentum as stakeholders demand greater accountability on environmental, social, and governance (ESG) matters. Businesses are now expected to disclose not only financial performance but also the impact of their operations on the planet and society. In response to this shift, international standards IFRS S1 and S2 have been developed to offer a consistent and comparable framework for sustainability disclosures. The adoption of newly developed sustainability standards is not merely an organizational development initiative; it is critical for fostering a resilient economy at large, impacting both private businesses and the public sector.
At the same time, the accounting profession is facing new ethical challenges. Greenwashing, greenhushing, and conflicts of interest have emerged as major concerns in the sustainability space, leading to misinformation and a loss of stakeholder trust. To address this, the International Ethics Standards Board for Accountants (IESBA) introduced new ethics and independence standards under the IESSA (International Ethics Standards for Sustainability Assurance) framework. These standards aim to guide professional accountants and assurance providers in maintaining integrity, transparency, and public interest when dealing with sustainability-related engagements.
Locally, feedback from the FiRe Award—East Africa’s most prestigious financial reporting excellence recognition award— has shown that while many organizations are making progress in sustainability reporting, there are still significant gaps. These include weak board involvement, inconsistent data presentation, and poor linkage between strategy and reported outcomes. This workshop responds to those gaps by equipping personnel with practical skills, real-world scenarios, and ethical frameworks for quality sustainability reporting.
The sessions will offer targeted insights into sustainability reporting for various entities, acknowledging that different entities require tailored approaches.
The workshop is designed to be interactive, insightful, and practical, enabling participants to not only understand the evolving sustainability landscape but also take the lead in shaping it within their roles.
LEARNING OBJECTIVES
This program is divided into the following modules covering various aspects.

DAY
MODULE
TOPICS

DAY 1
A. Introduction to IFRS S1 & S2
· The Need for Sustainability Reporting
· Objective of IFRS S1 & S2
· Introduction to the Core content pillars
· Relationship with Other Standards

B. General requirements
· General requirements

o Sources of Guidance
o Location of Disclosures
o Timing of reporting
o Comparative information
o Statement of Compliance
o Judgments, uncertainties & errors
o Best practices in data collection
o Building capacity within the organization
o Transition Reliefs

C. Core Content: Governance
· The Role of Governance Disclosures in Sustainability Reporting
· Foundational Concepts
· Governance Disclosures under IFRS S1:

o Deep Dive: Board-Level Governance
o Deep Dive: Management’s Role

· Sample governance disclosure formats

DAY 2
D. Core Content: Risk Management
· Required Disclosures
· Risk Identification and Assessment
· Risk Mitigation and Control
· Link to Strategy and Metrics
· Walkthrough of a risk disclosure template

E. Core Content: Strategy
· The Role of Strategy in Sustainability Reporting
· Positioning strategy as the bridge between governance and risk
· Scope of Strategic Disclosures
· Core Disclosure Requirements
· Practical Tools and Disclosure Techniques

F. Core Content: Metrics and Targets
· Core Disclosure Requirements
· Greenhouse Gas (GHG) Emissions
· Cross-Industry Metrics
· Industry-Based Metrics
· Climate-Related Targets

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 each of the sessions.
Cost:
Charges for the training will be Kes 18,500/= which will cover course fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email at marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

Audit Staff Training - A Practical Approach (Mandatory Training)
2025-10-08 09:00 - 2026-02-28 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Audit Staff Training-A practical Approach
Theme: Enhancing Technical Competence and Knowledge
8th – 9th October 2025
9.00-15.30
Venue: virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
The expansion in financial markets and increases in globalization, auditors must be equipped with the latest knowledge and skills in line with International Standards on Audits. Many audit professionals face challenges in understanding and implementing International Standards on Auditing due to frequent updates, and complexities. Furthermore the audit practice continues to face challenges arising from either the expectation gap or the perception about quality of audit work whose responsibility for performing quality audits rests with auditors.
This training is essential for audit staff to stay updated on International Standards on Audits, and maintain the highest levels of audit quality. It is an invaluable opportunity for audit professionals to enhance their skills, ensuring that their audits are conducted in accordance with the latest international requirements and best practices. This ensures audit staff are ahead of possible challenges and are able to obtain sufficient assurance in mitigation of any possible risks.
This training will focus on the following ISAs:

ISA 200 – Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with ISAs: Understanding the fundamental principles and objectives behind audits.
ISA 300 – Planning an Audit of Financial Statements: Importance of audit planning and how to develop an audit plan.
ISA 315 – Identifying and Assessing the Risks of Material Misstatement: Risk assessment procedures and how to address identified risks.
ISA 330 – The Auditor’s Responses to Assessed Risks: How to design and implement audit procedures to respond to risks.
ISA 500 – Audit Evidence: Types of evidence, and how to collect sufficient and appropriate audit evidence.
ISA 540 – Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures: Techniques for auditing estimates and fair value.
ISA 700 – Forming an Opinion and Reporting on Financial Statements: The process of forming audit opinions and the reporting requirements.
ISA 720 – The Auditor’s Responsibility Relating to Other Information: How auditors should approach other information in the financial statements.
ISA 800 – Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks: Special circumstances auditors should consider.

Target Audience:

Auditors working in accounting firms, internal audit departments, or as external auditors.
Individuals with a basic understanding of auditing principles who seek to deepen their knowledge of international auditing standards.
Audit managers and team leads who need to ensure their teams adhere to ISA requirements.

Accounting and finance professionals seeking to enhance their understanding of international auditing standards.
Audit managers, supervisors, and directors.
Regulatory and oversight bodies involved in auditing, accounting, and financial reporting.
Students pursuing qualifications in auditing and accounting

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.

ISA for Less Complex Entities Course-virtual option
2025-10-23 09:00 - 2026-02-17 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA for Less Complex Entities Course -physical option
Theme: Adopting ISA for Less Complex Entities: Simplifying the Audit Process
Date: 23rd -24th October 2025
Venue: Virtual Delivery
Time: 09.00am-03.30pm
Overview
The International Standards on Auditing (ISA) prescribe the principles and practices, which auditors are expected to follow in the conduct of Audit. They provide minimum guidance to the Auditor that helps determine the extent of auditing steps and procedures that should be applied in the audit and constitute the criteria or yardstick against which the quality of audit results are evaluated. Conducting audits in accordance with standards gives necessary assurance to people making use of the financial statements and audit reports.
Large complex organizations typically require a more in-depth application of these full ISAs given their scope of business and applicability. However, many small and medium-sized enterprises (SMEs) and less complex entities (LCEs) often face challenges in applying full ISAs in a way that suits their unique structures and needs.
The introduction of the International Standards on Auditing (ISA) for less complex entities (LCEs) is a response to the growing recognition that smaller and less complex organizations face unique challenges in complying with full ISAs. These standards are intended to reduce the burden of compliance while maintaining the integrity and quality of audits.
This course is designed to help auditors understand and apply ISA specifically tailored for Less Complex Entities (LCEs). It aims to bridge the gap between the International Standards on Audits (ISA) and the operational realities of SMEs.
The following topics will be covered:
1. Introduction to ISA for Less Complex Entities
• Background
• The rationale for ISA for Less complex entities
• Public interest overriding consideration
2. Differences between ISA for Less complex entities and existing ISAs
3. Core concepts of ISA for Less Complex entities
• Fundamental Concepts, General Principles and Overarching Requirements
• Audit Evidence and Documentation
• Engagement Quality Management
• Acceptance or Continuance of an Audit Engagement and Initial Audit Engagements
• Planning
• Risk Identification and Assessment
• Responding to Assessed Risks of Material Misstatement
• Concluding
• Forming an Opinion and Reporting
• Audits of Group Financial Statements
Target Audience:
This course will be useful to professionals in the Audit and accounting sector with bias on assurance professionals and specifically:
• Auditors working with small and medium-sized entities (SMEs) and less complex entities (LCEs).
• Audit firms seeking to enhance their audit practices for smaller clients.
• Professionals involved in the development, implementation, and application of auditing standards for SMEs.
• Accounting and auditing students who aim to specialize in auditing LCEs
• Supervisors in external audit, internal audit and compliance
• Mid-level managers looking to enhance their auditing skills
• Individuals responsible for overseeing audits or teams involved in auditing
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be Kes 10,000/= which will cover course fees, materials, and e-certificates of attendance.
Target Audience:
This course will be useful to all professional Accountants and those aspiring to join the profession
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email at marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

UDIN and AML Sensitization forum for Practitioners
2025-10-23 15:00 - 17:00

ERM MASTER CLASS 2025 MANDATORY TRAINING
2025-10-27 09:00 - 2025-11-03 15:30 | Sarova Whitesands Beach Resort and Spa, Mombasa, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ERM MASTER CLASS 2025 MANDATORY TRAINING
THEME: Driving Competitiveness and Sustainable Value Through Responsive Enterprise Risk Management
DATE: 27th – 31st OCTOBER 2025
VENUE: SAROVA WHITESANDS BEACH RESORT & SPA MOMBASA
TIME: 09.00AM-03.30PM
(This is one of the mandatory trainings for Practicing Certificate consideration)

OVERVIEW
In today’s increasingly complex and uncertain global economic environment, enterprises face a rapidly evolving array of risks that threaten their strategic objectives and long-term sustainability. The 2023 Global Risks Report by the World Economic Forum underscores the gravity of this reality, identifying the cost-of-living crisis, natural disasters and extreme weather events, and geo-economic confrontations among the most pressing global risks in the near term. Simultaneously, the accelerating pace of digital transformation continues to introduce new vulnerabilities such as cyber security threats and data privacy concerns.
These developments have heightened the need for innovative, integrated, and responsive approaches to risk management. Closer to home, the Kenyan business landscape has become increasingly volatile, with many organizations scaling down or relocating operations—resulting in job losses, reduced tax revenues, and weaker overall economic performance. These challenges are compounded by rapid shifts in the social, political, legal, and technological environment. Navigating this turbulence calls for agile leadership and adaptive risk management strategies. More than ever, the ability of professionals to anticipate, identify, assess, and respond decisively to risks has become a critical determinant of organizational resilience, competitiveness, and long-term growth.
Enterprise Risk Management (ERM) offers a holistic and structured framework for addressing these challenges. Unlike traditional risk management approaches, ERM embeds risk considerations into all facets of an organization’s strategy and operations, fostering a culture of accountability, resilience, and sustainable performance. A well-implemented ERM framework enables organizations to manage risks comprehensively and cohesively, thereby reducing earnings and stock price volatility, enhancing operational efficiency, and ultimately strengthening firm performance and value. This has a positive ripple effect on returns to investors and shareholders, while contributing to broader economic growth.
Therefore, this Masterclass is designed to equip delegates with critical knowledge and practical insights to effectively identify, assess, and respond to emerging and complex risks facing their organizations. In addition, it will provide a valuable platform for delegates to engage, exchange ideas, and network with fellow professionals in the risk management field. Ultimately, the program aims to empower participants to drive organizational resilience, enhance competitiveness, and foster sustainable value in today’s dynamic and rapidly evolving business environment.
Please note that the award of the certificate and the 20 CPD points will be contingent upon successful completion of an individual assessment based on the key learning areas covered in the Masterclass.
The Masterclass is divided into the following five modules covering key fundamental learning areas:

DAY
MODULE
TOPICS
KEY AREAS TO BE COVERED

DAY 1
Foundation and ERM Framework
Introduction to Enterprise Risk Management (ERM)
Developing the ERM Framework
Evolving Risk Universe

1. Key definitions in Enterprise Risk Management
2. Differences between Risk Management and ERM
3. Common misconceptions about risk management
4. Components of risk management
5. The link between risk management, internal audit & external audit
6. Value of risk management
7. The process of implementation of the ERM Frameworks for organizations
8. Highlights of the pertinent regulation and guidelines, PFM Act, Treasury Circulars, COSO ERM Framework, ISO 31000:2018 etc.
9. The role of different players in ERM Development and Implementation (Segregation of Duties)

DAY 2
Execution- Risk Management Process
The Risk Management Process

Risk Appetite

The risk management process
Template of a risk register and how to develop it (Practical session)
· Risk identification
· Risk assessment
· Risk quantification
· Risk monitoring
Risk reporting & communication- Sample of Reports
(Practical session on reporting and ARC Presentation)
· Setting risk appetite and linkage to strategy
· Developing Key Risk Indicators (KRIs)

DAY 3
Risk Governance & Leadership
Risk Governance

Risk Committees
Risk governance
· Risk and corporate governance
· Brief on risk governance practices
· Risk and strategy implementation
· Overview of the various governance models- 3 LoD, Policing, Partnership, Offence & Defence
· Risk governance tools
· Importance of risk governance
Risk Committees
· Role and operations of the risk Champions forum
· Risk Management Committee
· Board Risk Committee
Risk culture -Elements of an effective risk culture

DAY 4

Risk Analytics, Modelling, Automation and Quantification

ERM Assurance

Risk analytics, modelling and automation.
· Approaches and tools for risk assessment
· Risk modelling for effective risk quantification
· Overview of the critical steps towards risk management automation.
· Highlight into Basel and Solvency risk requirements.
· Risk Automation (Practical session)
Providing Effective Assurance Services over ERM Process.

DAY 5
1. Moving Forward
1. ERM Human Capital and Positioning of the role in public and private sector

2. Emerging issues in ERM

3. Future and adequacy of risk management

4. Soft Topic- Wellness
· Risk maturity assessment models and alignment of risk to corporate strategies
· The evolving risk landscape and adaptation – economic, regulatory and technology
· Creating resilience and flexibility in risk management frameworks
· Positioning of risk functions in the public and private sectors

· Team building and physical and mental wellness for risk professionals

TARGET AUDIENCE:
It is open to all Risk and Internal Audit Professionals, Finance Professionals, Insurance and Banking Professionals, Board Members, Audit & Risk Committee Members, Senior Management of Organizations, CEOs and any other professionals seeking to obtain deeper knowledge in the area of ERM.
All members who would wish to practice in the future are also encouraged to enroll on the course as it provides practical skills required for effective performance of their roles in Risk Management
YOUR INVESTMENT:
This Master Class shall be provided at a cost of Kes.95,000.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS:
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Master Class.
ONLINE BOOKING:
We call on all participants to note that booking is available only online at www.icpak.com/events and will close 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)
PARTNERSHIP OPPORTUNITIES
The training presents a perfect opportunity for organizations to showcase their products & services to a target group with high purchasing powers, both on personal and corporate levels. You will also have a unique opportunity for brand positioning and communication that will enjoy optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. For more information or enquiries please email raphael.nguli@icpak.com.
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.

UDIN and AML Sensitization forum for Practitioners
2025-10-27 15:00 - 17:00 | Online

ISA for Less Complex Entities (October) Webinar
2025-10-28 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA for Less Complex Entities (October) Webinar
Date: 28th October 2025
Time: 04.00pm-06.00pm
Delivery Mode: Virtual
Overview
Target Audience:
This webinar will be useful to all professional Accountants and those aspiring to join the profession, Internal and External Auditors, Consultants and Advisors
Continuous Professional Development Units (CPDs):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 1,000. Charges will cater for the webinar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the webinar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update.

The IFRS Seminar (Mandatory Training)
2025-10-29 09:00 - 2026-02-28 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
The IFRS Seminar (Mandatory Training)
Date: 29th – 30th October 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
Target Audience
This workshop will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

IFRS Seminar Eastern Branch (Mandatory Training)
2025-10-30 09:00 - 2025-10-31 15:30 | Marie Garden Hotel, Kitui, Kitui, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IFRS Seminar (Mandatory Training) Eastern Branch
30th -31st October 2025
Time: 09.00am-03.30
Venue: Marie Garden Hotel, Kitui
Theme: Evolving Standards in Financial Reporting: Global Trends and Local Impacts
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
In recent years, the dynamics of global trade, technological advancements and shifting economic paradigms have brought about significant changes in the financial landscape. These changes have necessitated continuous updates and adaptations in the International Financial Reporting Standards (IFRS) to align with the current business environment. As the global business environment continues to evolve, so does the framework within which these standards operate. This Seminar aims to provide a comprehensive overview of the International Financial Reporting Standards (IFRS) and their practical applications in enhancing financial transparency and consistency in financial reporting. The key objective is to empower financial professionals with the knowledge and skills required to stay current with the latest IFRS standards and effectively implement them within their organizations. As businesses strive to navigate the complexities of the modern financial environment, the role of IFRS in ensuring accurate and transparent financial reporting is indispensable. This seminar will not only provide participants with the technical knowledge needed but also offer a platform for sharing insights, experiences and best practices in financial reporting. It will present a valuable opportunity for professionals to deepen their understanding of IFRS and stay current with recent developments. We look forward to your participation and to providing you with practical skills and knowledge that will enhance your financial reporting practices.
The following topics will be discussed:
• Update and overview of new and revised standards:
i. Overview and provisions of IFRS 19: Subsidiaries without Public Accountability
ii. IFRS 18 – Presentation and disclosure in Financial Statements
• IFRS 15- Revenue from contracts with customers
• IFRS 16- Leases
• Complying with standards when preparing financial statements- Overview of ICPAK illustrative sets on Financial Reporting
• IFRS S1 : General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2: IFRS S2: Climate-related Disclosures
Target Audience:
This seminar will be useful to professionals in the finance and accounting sector with bias on preparers of financial statements specifically: Finance Directors and Managers, Chief Finance Officers, Financial Analysts, Accountants, Auditors, Financial Controllers, Credit Managers, Tax Practitioners, Tax Experts,
Your Financial Commitment
Charges for the training will be Kes 10,000/= which will cover workshop fees, materials, and e-certificates of attendance.
CPD Units
Members of ICPAK and reciprocating professional bodies will be awarded 14 CPD Units upon successfully attending all sessions.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on, +254 0732352476 , or via email to David Mutiso at David.Mutiso@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.

IFRS Seminar (Central Rift Branch) Mandatory Training
2025-10-30 09:00 - 2025-10-31 15:30 | Merica Hotel, Nakuru, Nakuru, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IFRS Seminar (Central Rift Branch) Mandatory Training
Date: 30th-31st October 2025
Time: 09.00am -3.30pm
Venue: Merica Hotel, Nakuru
(This is one of the mandatory trainings for Practicing Certificate consideration)
Overview
Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to 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.

THE 15TH CENTRAL RIFT BRANCH ANNUAL MEMBERS MEETING AND BRANCH ELECTIONS Physical Option
2025-10-31 14:00 - 17:00 | Nakuru, Nakuru, Kenya
Notice is hereby given that the 15th Annual Members Meeting (AMM) for Central Rift Branch will be held on Friday 31st October 2025 from 2:00pm to 5:00pm in Nakuru. Kindly confirm your attendance by booking online under special events category. The event is free and members in attendance shall be awarded 2 CPD Hours.
The positions declared vacant are due for nomination and the nomination forms can be downloaded from the link below. Interested members are requested to send dully filled nomination form to branches@icpak.com by close of business Wednesday 15th October 2025.
NOTE:

Sub-section 7.0.4 of the approved Branch Governance Policy stipulates that one must have been a member of the Institute for not less than three years and must have also served in the Branch Executive Committee for at least one year to qualify for the position of Branch Chairperson.
Only members in good standing with respect to paid up subscriptions, CPD requirement and with no pending disciplinary cases will be cleared to vie for the above positions.
Only members registered with the branch 30 days to the AMM will be eligible to vie and/or vote for the positions above.
Voting shall be done online as per the voters’ register drawn from members in (2) above.
Please note the following key dates as appertains the branch elections:

Submission of nomination forms: 15th October 2025
Clearing of candidates: 21st October 2025
Campaign period: 21st – 27th October 2025, 11:59 PM
Sending Tokens: 27th October 2025
Voting/Election Period: 29th – 31st 2025 at 12:00 noon
Tallying and Announcement on the AMM on 31st October 2025.

AMM Documents: https://www.icpak.com/resource/the-15th-central-rift-branch-amm-and-branch-elections/

THE 15TH CENTRAL RIFT BRANCH ANNUAL MEMBERS MEETING AND BRANCH ELECTIONS Virtual Option
2025-10-31 14:00 - 17:00 | Online

AML and CFT Audit Webinar
2025-11-04 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
AML and CFT Audit Webinar
Date: 4th November 2025
Time: 04.00pm-06.00pm
Delivery Mode: Virtual
Overview
Target Audience:
This webinar will be useful to all professional Accountants and those aspiring to join the profession, Internal and External Auditors, Consultants and Advisors
Continuous Professional Development Units (CPDs):
Members of ICPAK and those from reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the workshop.
Financial Commitment:
The workshop charges are Kshs. 1,000. Charges will cater for the webinar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the webinar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to marketing@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for update.

THE CFO FORUM
2025-11-05 07:00 - 11:00 | Villa Rosa Kempinski Hotel, Westlands, Nairobi
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
THE CFO FORUM
Date: 5th November 2025
Venue: Villa Rosa Kempinski, Nairobi
Time: 7.30 am – 11.00 am
Theme: Unlocking Value of the Intelligent Enterprise – The Changing Role of the CFO in the Age of AI
Overview
Artificial intelligence (AI) is much more than another fancy trend in modern business but a lynchpin for driving efficiency and long-term value creation across the enterprise. Besides providing CFOs with a clear view of business drivers, AI creates the much-needed link between financial strategy and overall business growth plans. AI driven predictive analytics have revolutionized decision making through forward looking insights marking the departure from the common practice of the CFO relying on backward-looking reports.
As the CFO role evolves from merely being a financial custodian to a strategic growth enabler, better visibility of the emerging risks and speedy response to changing strategic factors is imperative. AI has continuously penetrated parts of the enterprise that had been dominated by human judgement creating room for discomfort among finance teams as they raise concerns about the value of their contribution in an AI-first finance function. For many finance teams especially the ones in the lower ranks, the adoption of AI is perceived as a great shift of the nature of work that in all probability could render their jobs obsolete. Dealing with the finance teams’ anxiety about the push for AI represents one of the major challenges that the modern CFO face when pursuing the ambition to explore and capitalize on high-impact AI use cases across the organization.
The best AI solution comes from the best data, and the best data comes from a unified suite of technology that centralizes data from every corner of the enterprise. Widespread AI adoption will require businesses to embrace AI governance across the data lifecycle to provide confidence to all stakeholders. Because of this, when looking at managing and governing the deployment of AI solutions, CFOs must prioritize data governance to mitigate sensitive data related risks. The evolution of AI is nothing short of a revolutionary shift of how CFOs foster innovation and streamline processes while balancing opportunities and challenges along the journey towards an AI enabled future. The CFO Forum discussions will be centered around the following key thematic areas:
1) How is the CFO’s role changing with AI adoption
2) Navigating potential challenges when adopting AI – Current user perspective
3) The role of AI in driving strategic growth
4) Strategies for easing AI adoption skepticism among the Finance Teams
5) Data governance for AI – Challenges and best practice
6) Practical AI product tour/Demo
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 7 CPD Units upon successfully attending the Forum
Target Audience:
CEOs, Chief Finance Officers, Finance Directors
Cost:
Charges for the Forum will be Kes. 8,000/= which will cover workshop fees, materials, and certificates of attendance.
Sponsored by:

Risk registers development course (virtual option)
2025-11-05 09:00 - 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Risk Register Development Course (virtual Option)
Hybrid Event – CPA Centre and Virtual
5th – 6th November 2025
Theme- Strengthening Governance Through Effective Risk Register Development
Time: 09.00am-03.30pm
Overview
Risk register development is a vital element of robust risk management and a cornerstone of organizational resilience. It offers a systematic and proactive method for identifying, analyzing, prioritizing, and responding to risks that could impede the achievement of both strategic and operational goals. A well-designed risk register gives organizations clear visibility into potential threats, facilitates accountability by assigning risk ownership, and supports the tracking of mitigation actions. This process not only enhances the quality of decision-making but also encourages strong governance practices and cultivates a culture rooted in transparency and preparedness.
An effective risk register goes beyond simply recording risks. It should be built on a solid framework that classifies risks into categories, applies clear assessment criteria such as likelihood and impact, and links each identified risk to mitigation strategies and internal controls. To ensure its continued relevance, the risk register must be dynamic, evolving with changes in internal processes and the external environment. Integrating the risk register within a broader Enterprise Risk Management (ERM) framework ensures alignment with strategic objectives, regulatory compliance, and improved institutional accountability.
Creating and maintaining a risk register is central to proactive risk management. It serves as a practical tool for identifying and monitoring risks throughout a project or across an organization. By documenting risks systematically and aligning them with mitigation strategies, teams are better prepared to anticipate disruptions and allocate resources strategically. This contributes to more informed decision-making and reduces uncertainty by offering a clear, up-to-date picture of potential threats and responses. Ultimately, the risk register helps strengthen resilience and improve the chances of achieving long-term objectives.
In today’s complex and fast-changing business environment, risk is no longer confined to isolated areas. Emerging challenges like cybersecurity threats, geopolitical unrest, regulatory shifts, and climate-related disruptions are deeply interconnected. Treating risks as standalone issues, especially through outdated spreadsheet-based registers, can leave organizations vulnerable to cascading impacts. To adapt, organizations must adopt modern risk management technologies, such as integrated Governance, Risk, and Compliance (GRC) platforms. These systems offer real-time tracking, risk interconnection mapping, and enhanced scenario analysis, transforming traditional registers into strategic decision-making tools. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this training to equip delegates with practical skills for developing modern, globally aligned risk registers that meet today’s organizational demands.
The course is designed to cover the following topics:

Foundations of Risk Management for Accountants
Structure and Components of an Effective Risk Register

Key elements of a comprehensive risk register, including risk description, categories, controls, and mitigation strategies.

Risk Identification Techniques and Stakeholder Engagement
Risk Classification and Significance

Types of risks: strategic, operational, financial, and compliance.
Risk reputation and their impact on organizational performance.

Effective Risk Assessment and Prioritization Techniques
Strategic Risk Response and Mitigation Planning
From Static to Strategic: Evolving the Risk Register – transforming traditional risk registers into dynamic tools that support integrated decision-making and real-time responsiveness.

8.Leveraging Technology: GRC and Cloud-Based Risk Management – Utilizing Governance, Risk, and Compliance platforms and cloud-based solutions to improve risk tracking, visualization, and reporting.

Professional Ethics and the Accountant’s Role in Risk Governance
Developing and Reviewing Risk Registers Through Case Studies
Conducting Scenario Analysis for Interrelated Risks

Target Audience:
Risk Managers and Compliance Officers, Risk Champions, CFOs, Accountants and other interested professionals
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be Kes 10,000/= which will cover course fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email at marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

Risk registers development course (Physical option)
2025-11-05 09:00 - 2025-11-06 15:30 | ICPAK Auditorium,CPA Center, Nairobi, Ruaraka, Thika Road, Nairobi, Nairobi, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Risk Register Development Course (Physical Option)
Hybrid Event – CPA Centre and Virtual
5th – 6th November 2025
Theme- Strengthening Governance Through Effective Risk Register Development
Time: 09.00am-03.30pm
Overview
Risk register development is a vital element of robust risk management and a cornerstone of organizational resilience. It offers a systematic and proactive method for identifying, analyzing, prioritizing, and responding to risks that could impede the achievement of both strategic and operational goals. A well-designed risk register gives organizations clear visibility into potential threats, facilitates accountability by assigning risk ownership, and supports the tracking of mitigation actions. This process not only enhances the quality of decision-making but also encourages strong governance practices and cultivates a culture rooted in transparency and preparedness.
An effective risk register goes beyond simply recording risks. It should be built on a solid framework that classifies risks into categories, applies clear assessment criteria such as likelihood and impact, and links each identified risk to mitigation strategies and internal controls. To ensure its continued relevance, the risk register must be dynamic, evolving with changes in internal processes and the external environment. Integrating the risk register within a broader Enterprise Risk Management (ERM) framework ensures alignment with strategic objectives, regulatory compliance, and improved institutional accountability.
Creating and maintaining a risk register is central to proactive risk management. It serves as a practical tool for identifying and monitoring risks throughout a project or across an organization. By documenting risks systematically and aligning them with mitigation strategies, teams are better prepared to anticipate disruptions and allocate resources strategically. This contributes to more informed decision-making and reduces uncertainty by offering a clear, up-to-date picture of potential threats and responses. Ultimately, the risk register helps strengthen resilience and improve the chances of achieving long-term objectives.
In today’s complex and fast-changing business environment, risk is no longer confined to isolated areas. Emerging challenges like cybersecurity threats, geopolitical unrest, regulatory shifts, and climate-related disruptions are deeply interconnected. Treating risks as standalone issues, especially through outdated spreadsheet-based registers, can leave organizations vulnerable to cascading impacts. To adapt, organizations must adopt modern risk management technologies, such as integrated Governance, Risk, and Compliance (GRC) platforms. These systems offer real-time tracking, risk interconnection mapping, and enhanced scenario analysis, transforming traditional registers into strategic decision-making tools. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this training to equip delegates with practical skills for developing modern, globally aligned risk registers that meet today’s organizational demands.
The course is designed to cover the following topics:

Foundations of Risk Management for Accountants
Structure and Components of an Effective Risk Register

Key elements of a comprehensive risk register, including risk description, categories, controls, and mitigation strategies.

Risk Identification Techniques and Stakeholder Engagement
Risk Classification and Significance

Types of risks: strategic, operational, financial, and compliance.
Risk reputation and their impact on organizational performance.

Effective Risk Assessment and Prioritization Techniques
Strategic Risk Response and Mitigation Planning
From Static to Strategic: Evolving the Risk Register – transforming traditional risk registers into dynamic tools that support integrated decision-making and real-time responsiveness.

8.Leveraging Technology: GRC and Cloud-Based Risk Management – Utilizing Governance, Risk, and Compliance platforms and cloud-based solutions to improve risk tracking, visualization, and reporting.

Professional Ethics and the Accountant’s Role in Risk Governance
Developing and Reviewing Risk Registers Through Case Studies
Conducting Scenario Analysis for Interrelated Risks

Target Audience:
Risk Managers and Compliance Officers, Risk Champions, CFOs, Accountants and other interested professionals
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be Kes 18,500/= which will cover course fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email at marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

PFM and IPSAS Workshop North Rift Branch
2025-11-06 09:00 - 2025-11-07 15:30 | Manasha Hotel & Resort, Iten, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
PFM and IPSAS Workshop North Rift Branch
Date: 6th -7th November 2025
Time: 09.00am -3.30pm
Venue: Manasha Hotel & Resort, Iten

Overview
In an era where financial accountability and transparency are paramount, the adoption of International Public Sector Accounting Standards (IPSAS) has become crucial for effective Public Financial Management (PFM). In Kenya, the Government has undertaken several initiatives to improve Public Finance Management. Currently, with the implementation of devolved government system, a new dimension of public finance management has been introduced with a set of new challenges human resource related, structural and object related. This workshop aims to provide a comprehensive understanding of IPSAS and their integration into PFM practices to enhance financial reporting and governance within public sector entities.
It also represents a critical opportunity for public sector professionals to enhance their knowledge and skills in financial management and reporting. By fostering a deeper understanding of IPSAS and promoting best practices in PFM, it contributes to improved financial transparency, accountability, and efficiency in public sector entities.
The following topics will be covered:
 Principles of Public Financial Management in Kenya
 County Own Source Revenue: County Government Revenue Raising Process Bill
 Emerging Issues from Office of the Auditor General Audit Reports
 Public Procurement & Payment for Goods and Services
– Pending Bills
– Challenges Faced
– Effects of non- compliance
 Linkage between budgeting and procurement – impact on cashflows
 Implementation of the single treasury account – Implications to the Public Sector
 Adopting IPSAS in Kenya
– Migration to IPSAS Accrual
– IPSAS 33 – First-time Adoption of Accrual Basis IPSASs and requirements in Kenya
– IPSAS Sustainability proposed guidelines.
 IPSAS 17 Property, Plant and Equipment
– Initial recognition
– Subsequent measurement including optional use of revaluation approach
– Depreciation
– Treatment of infrastructure and heritage assets
– Principles of Public Financial Management in Kenya
 The Budget making process in Kenya- County and National Budgets
– Performance-Based Budgeting and Results-Oriented PFM
– Integrating performance indicators to track efficiency in public spending
– Challenges of moving from a line-item budgeting approach to performance-based budgeting
Target Audience
The seminar will be useful to accountants serving in the public sector. The following may also find it useful:
Financial managers and accountants in public sector entities, FM professionals and consultants. Auditors and compliance officers. Policy makers and financial oversight bodies. Academics with an interest in public financial management.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the seminar.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the seminar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the seminar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to Ann Chomba at ann.chomba@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates

Forensic, Fraud and Internal Controls (Mandatory Training) Mt Kenya Branch
2025-11-06 09:00 - 2025-11-07 15:30 | Maxi Land Hotel, Juja Kiambu, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Forensic, Fraud and Internal Controls (Mandatory Training) Mt Kenya Branch
Date: 6th -7th November 2025
Time: 09.00am -3.30pm
Venue: Maxi Land Hotel, Juja Kiambu
Overview
Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the seminar.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the seminar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the seminar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on +254 743 207691, +254 719 074 100, 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.
