ICPAK

Current trends in Technology Aided Fraud and Challenges presented by technology in combating Fraud 2025
2025-10-14 16:00 - 18:00 (Europe/Moscow) | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Current trends in Technology Aided Fraud & Challenges presented by technology in combating Fraud
Theme: Strengthening Professional Resilience Against Technology-Aided Fraud
Date: 14th October 2025
Time: 4.00pm – 6.00pm
Venue: Virtual
Overview
The rapid evolution of digital technology has fundamentally reshaped the landscape of financial operations, offering greater efficiency, speed, and integration across systems. However, this transformation has also introduced sophisticated and evolving methods of fraud. Technology aided fraud has grown in complexity and scale often exploiting system vulnerabilities, human behavior, and jurisdictional gaps. Fraudsters are increasingly leveraging artificial intelligence, social engineering, malware, and blockchain platforms to commit crimes that are difficult to detect and mitigate using traditional control systems.
Notable fraud trends include cybercrime, phishing attacks, business email compromise, deepfake impersonations, synthetic identity fraud, and cryptocurrency-based scams. These schemes often operate across borders and take advantage of the anonymity and decentralization that technology offers. In addition, the misuse of legitimate digital tools such as encryption and instant payment systems can facilitate fraud when governance structures are weak or outdated. This has created an urgent need for more agile and robust approaches to fraud risk management.
On the other hand, technology also presents significant opportunities for combating fraud. Tools such as advanced data analytics, artificial intelligence, real-time transaction monitoring, and digital forensics can enhance detection, response, and prevention capabilities. However, organizations face major challenges, including rapid technological change, limited cybersecurity expertise, data privacy constraints, and a lack of coordination between stakeholders. These challenges can hinder the effective use of technology in fraud prevention efforts, especially in environments where regulatory frameworks have not kept pace with innovation.
To address these emerging risks and build capacity within the profession, ICPAK is conducting this training to enhance awareness and equip participants with the knowledge and practical tools needed to navigate technology-aided fraud. The training will cover the latest fraud trends, digital vulnerabilities, emerging prevention technologies, and strategic responses to strengthen institutional resilience. It aims to foster a proactive mindset and build technical competence among professionals to effectively mitigate the evolving threats posed by fraud in the digital era. The following key areas will be covered:

Overview of Technology-Aided Fraud
Emerging Trends and Techniques in Digital Fraud
Social Engineering and Insider Threats
Challenges in Combating Fraud Using Technology
Technology as a Tool for Fraud Prevention and Detection
Digital Governance and Risk Management Frameworks
Legal, Regulatory, and Ethical Considerations
Practical Case Studies and Emerging Best Practices

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.

Data Analytics Practical Course (physical option)
2025-10-15 09:00 - 2025-10-16 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)
Data Analytics Practical Course (physical option)
Theme: Driving Strategic Insights Through Data Visualization & Analytics
15th – 16th October 2025
Time: 9: 00 Am – 3: 30 Pm
Venue: ICPAK Auditorium, CPA Centre, 11th Floor, Nairobi
Overview
In today’s digital finance landscape, accountants and finance professionals are increasingly required to move beyond static spreadsheets and adopt dynamic tools that provide real-time insights. Power BI has emerged as a leading solution for transforming raw data into meaningful, interactive dashboards that empower decision-makers with clarity and confidence.
This training is designed to equip accountants and other professionals with practical skills in Power BI – from connecting to diverse data sources and preparing financial data, to modelling, analysing, and presenting it through professional dashboards. Participants will learn how to automate repetitive reporting tasks, create drill-down financial insights, and present management-ready visualizations that support strategic planning and performance monitoring.
While Excel remains central for financial reporting, Power BI provides the modern accountant with extended capabilities for data analytics, visualization, and storytelling, ensuring finance professionals remain agile, efficient, and future-ready.
LEARNING OBJECTIVES
By the end of the training, participants will be able to:

Understand the fundamentals of Power BI Desktop and its application in finance.
Connect, clean, and prepare financial and operational data for analysis.
Build robust data models that support accurate and consistent reporting.
Apply DAX measures for key performance indicators and financial analysis.
Design interactive dashboards that present financial and business insights effectively.
Appreciate how Power BI complements existing Excel-based workflows.

TOPICAL FLOW

Fundamentals of Power BI for Financial Reporting

Navigating Power BI Desktop
Positioning BI as a decision-support tool in accounting

Financial Data Connectivity and Preparation

Importing data from Excel, ERP systems, and databases
Cleaning and transforming data using Power Query

Essentials of Financial Data Modeling

Structuring relationships and hierarchies
Building models for consistent reporting across periods and entities

Core DAX Concepts for Financial Analysis

Creating measures for KPIs, ratios, and variance analysis
Applying time intelligence (e.g., YTD, prior year comparisons)

Best Practices in Financial Visualization and Reporting

Selecting visuals for KPIs, trend analysis, and variance reporting
Enhancing dashboards with interactivity (slicers, drill-throughs, tooltips)

Building Interactive Dashboards in Power BI Desktop

Integrating financial and operational insights into a cohesive dashboard
Demonstrating end-to-end automation of a management report
Brief overview of sharing and publishing options

**You will be required to have a laptop since all sessions are practical**
Target Audience
Accountants, Data Analysts, Business Analysts, Data Scientists, or related roles Marketing Professionals, Project Managers, Human Resources Professionals, academia, among others.
CPD Units:
Members who attend the course training in full will earn 10 Structured CPD Units.
Financial Commitment:
The course charges are Kshs. 18,500. Charges will cater for stationery, daytime meals, learning materials, and e-certificates of attendance.
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority (formerly Department of Industrial Training -DIT). The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke ).
For more information or enquiries please call 0714 074100 or email to marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

Data Analytics Practical Course (virtual option)
2025-10-15 09:00 - 2025-10-16 15:30 | Virtual Delivery
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Data Analytics Practical Course (virtual option)
Theme: Driving Strategic Insights Through Data Visualization & Analytics
15th – 16th October 2025
Time: 9: 00 Am – 3: 30 Pm
Venue: Virtual Delivery
Overview
In today’s digital finance landscape, accountants and finance professionals are increasingly required to move beyond static spreadsheets and adopt dynamic tools that provide real-time insights. Power BI has emerged as a leading solution for transforming raw data into meaningful, interactive dashboards that empower decision-makers with clarity and confidence.
This training is designed to equip accountants and other professionals with practical skills in Power BI – from connecting to diverse data sources and preparing financial data, to modelling, analysing, and presenting it through professional dashboards. Participants will learn how to automate repetitive reporting tasks, create drill-down financial insights, and present management-ready visualizations that support strategic planning and performance monitoring.
While Excel remains central for financial reporting, Power BI provides the modern accountant with extended capabilities for data analytics, visualization, and storytelling, ensuring finance professionals remain agile, efficient, and future-ready.
LEARNING OBJECTIVES
By the end of the training, participants will be able to:

Understand the fundamentals of Power BI Desktop and its application in finance.
Connect, clean, and prepare financial and operational data for analysis.
Build robust data models that support accurate and consistent reporting.
Apply DAX measures for key performance indicators and financial analysis.
Design interactive dashboards that present financial and business insights effectively.
Appreciate how Power BI complements existing Excel-based workflows.

TOPICAL FLOW

Fundamentals of Power BI for Financial Reporting

Navigating Power BI Desktop
Positioning BI as a decision-support tool in accounting

Financial Data Connectivity and Preparation

Importing data from Excel, ERP systems, and databases
Cleaning and transforming data using Power Query

Essentials of Financial Data Modeling

Structuring relationships and hierarchies
Building models for consistent reporting across periods and entities

Core DAX Concepts for Financial Analysis

Creating measures for KPIs, ratios, and variance analysis
Applying time intelligence (e.g., YTD, prior year comparisons)

Best Practices in Financial Visualization and Reporting

Selecting visuals for KPIs, trend analysis, and variance reporting
Enhancing dashboards with interactivity (slicers, drill-throughs, tooltips)

Building Interactive Dashboards in Power BI Desktop

Integrating financial and operational insights into a cohesive dashboard
Demonstrating end-to-end automation of a management report
Brief overview of sharing and publishing options

**You will be required to have a laptop since all sessions are practical**
Target Audience
Accountants, Data Analysts, Business Analysts, Data Scientists, or related roles Marketing Professionals, Project Managers, Human Resources Professionals, academia, among others.
CPD Units:
Members who attend the course training in full will earn 10 Structured CPD Units.
Financial Commitment:
The course charges are Kshs. 10,000. Charges will cater for learning materials, and e-certificates of attendance.
National Industrial Training Authority (NITA) Reimbursement
The Institute is registered as a trainer with National Industrial Training Authority (formerly Department of Industrial Training -DIT). The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke ).
For more information or enquiries please call 0714 074100 or email to marketing@icpak.com.
We encourage members to regularly visit www.icpak.com for updates.

ISQM 1 and 2 webinar October 2025
2025-10-21 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISQM 1 and 2 Webinar 2025
Date: 21st 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 Kes. 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.

ISA for Less Complex Entities Course-physical option
2025-10-23 09:00 - 2025-10-24 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)
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: CPA Centre, Nairobi
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 18,500/= 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.

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.

IFRS and Accrual Accounting Workshop (South Rift Branch)
2025-11-06 09:00 - 2025-11-07 15:30 | Enkipai Hill, Narok, Kenya
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IFRS and Accrual Accounting Workshop (South Rift Branch)
Date: 6th -7th November 2025
Time: 09.00am -3.30pm
Venue: Enkipai Hill, Narok
Theme: Advancing Financial Transparency and Accountability Through IFRS and Accrual-Based Reporting
Overview
International Financial Reporting Standards (IFRS), established by the International Accounting Standards Board (IASB), form the cornerstone of globally accepted accounting practices that prioritize transparency, comparability, and reliability in financial reporting. IFRS facilitates consistent reporting across diverse countries and industries, this consistency is crucial in a global economy where businesses operate across borders and investors depend on uniform information to make well-informed decisions. At the core of IFRS is accrual accounting, a principle that requires financial transactions to be recorded when they occur rather than when cash is exchanged. This enables organizations to reflect revenues and expenses in the periods they are earned or incurred, resulting in a more accurate and comprehensive view of financial health and performance. Core standards such as IAS 1, IFRS 15, and IFRS 9 offer detailed frameworks for financial statement presentation, revenue recognition, and financial instrument management, respectively.
The adoption of accrual accounting, grounded in IFRS principles, is increasingly recognized as a strategic priority for both public and private sector entities worldwide. This accounting approach promotes financial transparency, enhances accountability, and supports better decision making by providing stakeholders with timely, relevant, and meaningful financial information. While historically more prevalent in the private sector, public sector institutions are also moving toward accrual-based reporting, aligning themselves with international frameworks like IFRS and the International Public Sector Accounting Standards (IPSAS). This shift acknowledges the growing need for more robust financial reporting mechanisms capable of capturing the full scope of an organization’s financial activities.
Traditionally, many public entities have relied on cash-based accounting, a method that records transactions only when cash is received or paid. However, this system has significant limitations, it fails to account for long-term obligations, asset depreciation, and other non-cash financial elements that are vital for understanding an entity’s complete financial position. In contrast, IFRS-based accrual accounting provides a more holistic and accurate representation by recognizing financial events as they occur, regardless of cash flow. This transition to accrual methods not only improves the quality of financial reporting but also builds a stronger foundation for fiscal sustainability and strategic planning.
The growing global momentum toward IFRS and accrual accounting is driven by several factors: the inadequacies of cash-based systems, the increasing availability and adoption of international standards, the integration of professional accounting practices into public financial management, and advancements in financial technology that facilitate complex reporting requirements. IFRS standards such as IAS 1, IFRS 15, and IFRS 16 (Leases) offer comprehensive guidance on the recognition, measurement, and disclosure of financial information, thereby enhancing its credibility and global comparability. This workshop aims to prepare financial professionals to effectively implement these standards, offering hands-on knowledge of accrual-based reporting, deepening understanding of key IFRS requirements, and examining their broader implications for organizational financial practices.
The following topics will be covered during the workshop:

Overview of IPSAS- First Time Adoption of Accrual Basis
IPSAS Accrual Templates
IFRS 15: Revenue from Contracts with Customers

Overview of IFRS 15
The five-step revenue recognition model
Revenue Recognition Principles
Timing and measurement of revenue under accrual accounting

Recognition and Measurement of Assets and Liabilities

Principles for recognizing non-cash items such as receivables, payables and provisions
Depreciation, amortization, and impairment
Measurement methods: historical cost vs. fair value
Application of IFRS standards (e.g., IAS 37, IAS 16)

IFRS 16-Lease Accounting

Objective of IFRS 16
Scope
Identifying a lease
Accounting for Leases
Recognizing, Measuring and Disclosing lease agreements from both lessee and lessor perspectives
Sale and Leaseback Transactions

Accounting for Financial Instruments (IFRS 9)

Classification and measurement of financial assets and liabilities
Impairment under expected credit loss model
Hedge accounting principles and applications
Disclosure and risk reporting requirements

IFRS 18 – Presentation and Disclosure in Financial Statements

Scope of IFRS 18
Key components, disclosures, and compliance requirements.
Revenue Recognition Principles
Measurement of Revenue
Disclosure Requirements

Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the seminar.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the seminar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the seminar is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to Patrick Kipkurui at patrick.kipkurui@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website https://www.icpak.com for updates.

Courtesy Call
2025-11-07 08:00 - 17:00

Free: Mental Health and Stress Management Webinar
2025-11-10 16:00 - 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Mental Health and Stress Management Webinar
Date: 10th November 2025
Time: 04.00pm-06.00pm
Delivery Mode: Virtual
Overview
Target Audience
This webinar will be useful to all professionals serving in different industries.
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 NIL.
Online Booking:
Registration: Delegates are reminded to note that online booking for the webinar is mandatory on the website (BOOK NOW Button). 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.

ISA 220- Quality control for an audit of Financial Statements Webinar
2025-11-11 16:00 - 2026-02-17 18:00 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA 220- Quality control for an audit of Financial Statements Webinar
Date: 11th 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.

Sustainability Reporting Workshop 2025
2025-11-12 09:00 - 2025-11-13 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Sustainability Reporting Workshop
Theme: Navigating the Future: Sustainability, Innovation and Governance in Accounting Practices
Date: 12th – 13th November 2025
Time: 9.00am-3.30pm
Delivery Mode: Virtual
Overview
Across the globe, the demand for transparent, decision-useful sustainability information continues to grow. Stakeholders from investors to regulators, customers to communities expect organizations to account for their environmental, social, and governance (ESG) impacts. The evolution of global reporting frameworks such as the IFRS Sustainability Disclosure Standards (IFRS S1 and S2), the GRI Standards, and the European Sustainability Reporting Standards (ESRS) signifies the shift toward standardized, comparable, and reliable ESG reporting.
In recognition of this pivotal shift, ICPAK launched the Roadmap for adoption of IFRS Sustainability Disclosure Standards (IFRS S1 and S2) in November 2024. This landmark initiative underscores ICPAK’s commitment to equipping Kenyan professionals with the knowledge and tools necessary to navigate this new era of corporate reporting and contribute to sustainable national development, a commitment that extends to influencing practices in both the private and public spheres.
Recent trends such as greenwashing, greenhushing, and a growing lack of stakeholder trust have prompted the International Ethics Standards Board for Accountants (IESBA) to introduce the IESSA framework—new ethics and independence standards tailored for sustainability assurance engagements. Understanding these developments is crucial for accounting professionals who are increasingly being called upon to ensure the integrity of ESG disclosures.
This 2-day virtual symposium aims to provide professionals with relevant and practical insights into the key developments in sustainability reporting. Emphasis will be placed on how organizations can align with new standards, embed sustainability into governance structures, and avoid the pitfalls of unethical reporting practices. The symposium is structured to allow for expert presentations, real-world examples, and interactive Q&A sessions, ensuring participants gain both technical and strategic value.
Key Topics

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. Materiality Assessment
· Definition and Concept of Materiality
· Materiality Judgment Process
· Sources of Information
· Boundary of reporting
· Integration with Risk and Opportunity Assessment
· Documentation and Audit Trail

DAY 2
D. Integrating Sustainability into the Corporate Strategy
· Developing a Sustainability Strategy
· Setting sustainability goals & action plans
· Aligning sustainability initiatives with business strategy
· Ethical considerations in sustainability disclosures
· Setting and evaluating sustainability KPIs
· Common reporting pitfalls & how to avoid them

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

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

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

Dummy Annual Seminar Testing
2025-11-15 08:00 - 2025-11-21 17:00
Just for testing

THE 42ND ANNUAL SEMINAR EDITION 2 (virtual option)
2025-11-17 09:00 - 2025-11-21 15:30 | Virtual Delivery
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
TTHE 42ND ANNUAL SEMINAR EDITION 2
Theme: From Transactions to Transformation: Accountancy Impacting the World
HYBRID EVENT: SAROVA WHITESANDS BEACH RESORT & SPA, PRIDE INN PARADISE HOTEL, MOMBASA AND VIRTUAL
DATES: MONDAY 17TH TO FRIDAY 21ST NOVEMBER 2025
TIME: 09.00AM-03.30PM
ABOUT ICPAK – THE HOST
The Institute of Certified Public Accountants of Kenya (ICPAK) is a regulatory body mandated to regulate and coordinate the activities of qualified and registered Certified Public Accountants (CPAs) in Kenya – including promoting research into the subject of accountancy and finance and related matters, publication of books, periodicals, journals and articles in connection therewith; promoting the international recognition of the Institute, advising the Examination Board on matters relating to examinations standards and policies, advising the Minister for Finance on matters relating to financial accountability in all sectors of the economy and setting and enforcing standards of professional practice such as accounting, auditing and ethical standards. The Institute is established by an Act of parliament – The Accountants Act and has been in existence since 1978. Over its long history it has registered over 40,000 members. Its members work in diverse sectors of the economy as accountants, financial experts, auditors, financial consultants among other careers within the larger definition of accountancy. Over 1200 of our members have emigrated and are working beyond the borders of Kenya. Members of the Institute are present in 44 different countries around the globe.
ANNUAL SEMINARS – A BRIEF HISTORY
Each year for the last 41 years, ICPAK has maintained a rich tradition of congregating once a year to reflect on the profession and emerging issues affecting the nation. The last seminar followed the same pattern as it sought to reinforce the role of professional accountants in sustainability reporting and climate change. Both editions of the 41st Annual Seminar attracted an average of 3,900 participants on both physical and virtual attendance, largely drawn from Kenya but with representation from Uganda, Tanzania, Rwanda, Burundi, Mozambique and South Africa. The current event is targeted to attract a wider representation of East Africa and the continent at large.
Due to limited seats the Institute has held two Annual Seminars since 2021to enable participation by most members. This year, the Institute shall also hold two Annual Seminars dubbed Edition 1 and Edition 2 to accommodate all the professionals. The first edition shall be held from 19th -23rd May 2025 while the second one for this year shall be held on 17th – 21st November 2025.
This year’s events mark 42 years since the time when the Institute held its first Annual Seminar in 1984. This demonstrates resilience, unity and focus of the Accountancy profession. Throughout these decades, the Annual Seminar has acted as a beacon of hope for the profession.
The Institute shall hold the Seminar in two physical venues i.e Sarova White sands and Pride Inn Paradise Hotel in Mombasa, Kenya with an option of live streaming and allocation of speakers and panelists across both venues. The delegates’ allocation to both venues shall be done based on date of payment, with the first venue being allocated the early paying delegates. The seminar shall also be streamed on the virtual platform where some delegates and speakers shall be participating.
OVERVIEW OF SEMINAR SUB-THEMES AND ORGANIZATION
DAY ONE: MONDAY 17th NOV 2025: ARRIVAL AND REGISTRATION
The arrival and registration process shall be carried out by ICPAK and will commence on Monday,17th Nov 2025 from 8.00 a.m. up to 5.00p.m. Due to the large numbers witnessed before in the previous Annual Seminars and to allow for a smooth registration process, the whole day has been reserved for registration and giveaway collection by delegates.
DAY TWO: TUESDAY 18th NOV 2025- ACCOUNTANCY PROFESSION TRANSFORMING THE WORLD.
The profession of accountancy is experiencing a stunning transformation, redefining not only the way businesses function but also the way societies function. Previously narrowly focused on bookkeeping and compliance, accountancy has developed into a field that overlaps with governance, policy, technology, and sustainable development. Today, accountants are required to merge technical know-how with strategic insight, providing information that informs top-level decision-making. This evolution has turned the job into an international change agent, actively contributing to economic stability, transparency, and innovation.
Today’s accountants are being asked more and more to sense and respond to sophisticated global forces. They have moved beyond their historic function of transcribing transactions to analyzing information and shaping organizational strategy. The demand for professionals who have the ability to adapt to new realities such as increased rates of technological change, globalizing markets, and altered regulatory landscapes has never been greater. Through developing forward-looking capacities and adopting innovations, the profession is preparing itself for a future of resilience, nimbleness, and inclusivity.
Global interdependence of economies has also highlighted the requirement for harmonized professional standards and ethical guidelines. With the greater ease of movement of capital, people, and ideas across borders, accountants are increasingly becoming global actors who must work within diverse regulatory contexts and uphold the values of integrity and responsibility. This requires lifelong learning, openness to global approaches, and the ability to use professional judgment in a variety of situations. Simultaneously, talent mobility is reshaping accountants’ views on career prospects as many seek to get into jobs that are greater than national and add value in more than one jurisdiction.
Technology is behind this transformation. Emerging technologies such as artificial intelligence, blockchain, and new-generation data analytics are revolutionizing the capture, processing, and distribution of financial information. Rather than displacing the profession, these technologies are extending its capacity for more efficiency, accuracy, and transparency. Those accountants who embrace technology are placing themselves at the forefront of innovation, enabling organizations to capitalize on new opportunities while managing threats in a more digitalized world. This technological transformation also occurs in the public sector, where governments are investing in integrated financial management systems and electronic compliance platforms to improve accountability, service delivery, and trust in institutions.
Besides technical and technological transformation, the profession is also undergoing transformations in broader societal expectations. Stakeholders demand accountants now to actively contribute towards enabling sustainability, ethical leadership, and equitable economic development. Not only are today’s accountants expected to deliver value to businesses, but they are also required to deliver value to the well-being of society and the preservation of the environment. This wider mandate demands a new breed of professional who is visionary, adaptive, and committed to making change happen in whatever field they enter.
As the world evolves, the accountancy profession is at a crossroads. Whether it can shape governance, inform policy, embrace the latest technologies, and address global issues will decide its future relevance and influence. Day Two of the conference will thus look back at this evolution, with views that affirm the role of accountancy in creating a more transparent, resilient, and sustainable world.
The following key topics shall form part of the discussion on the second day of the Seminar:

Future Fit Accountants: Roles for the next decade
State of the Accountancy Profession Globally
Revision and development of new accountancy and audit standards and the impact on the profession
The great talent migration: Career options for accountants in other jurisdictions
Real life use of AI and Block chain in Accountancy
Overview of Government advancements in technology– EGP, eTims, iTax, IFMIS

DAY THREE:WEDNESDAY 19th NOV 2025: DEBT, DEVELOPMENT & MULTILATERALISM
Debt remains one of the signature issues of our era, dictating the capacity of nations to spend on roads, cater for the essentials of their populations, and attain sustainable development. For developing countries such as Kenya, the matter of balancing public debt against economic growth is more pressing. The cycle of borrowing, repayment, and financial obligation also includes convergence with domestic and foreign affairs since multilateral institutions are still at the center of defining debt management policy. This session will provide a platform to discuss debt not just as a money instrument but as an instrument of development and as a promoter of international cooperation.
In fact, borrowing is now one of the most important growth drivers in modern economies. Debt is used by governments to finance long-term energy, health, transport, and education schemes. But uncontrolled accumulation of debt can put pressure on public finances and limit future fiscal elbow room. For Kenya, as for many emerging markets, the pressing issue is how to reconcile borrowing with prudential management of debt and make sure that funds are steered to productive investment. It is this reconciliation that is central to sustaining growth, creating employment, and reducing inequality.
The debt debate is also accompanied by a contemplative glance at the role of multilateralism. Regional blocks and global financial institutions offer mechanisms that may enable or constrain domestic policy choice. Design of loan agreements, debt rescheduling programs, and world financial management carry deep consequences. The policymakers must negotiate for arrangements that promote sovereignty while giving access to the capital that will promote change. Through multilateral negotiation, countries can move towards a more balanced system that equally matches the interests of creditors and the developmental objectives of borrowers.
Moreover, debt negotiations are not separable from the general argument about sustainability. Borrowing today and the choice to do so decide what options are available for future generations. Debt can pay for green energy, climate resilience, and technological progress—investment that will be stable over the long run if done judiciously. Debt can also drive dependencies and reduce the ability of nations to achieve their development goals if misused.
Day Three will thus ask participants to pose the question of how debt, development, and multilateral partnership converge to influence the future of Kenya. Opportunities and challenges will be the focus of the discussion with a call to stakeholders to consider how to design financial strategies which are inclusive, sustainable, and transformative.
The following key topics shall form part of the discussion on the third day of the Seminar:

Debt Sustainability and Restructuring:Strategies for managing and resolving sovereign debt crises and promoting responsible lending and borrowing.
Affordable and Innovative Finance:Increasing concessional finance, grants, and local currency lending to bridge the development finance gap in the country.
Mobilizing Private Capital:Strategies to attract private investment to complement public development finance for achieving SDGs.
Reforming Multilateral Development Banks:Adapting and reforming multilateral development banks to meet new global challenges and enhance their relevance.

DAY FOUR: THURSDAY 20TH NOV 2025- THE KENYA WE WANT
The vision of a prosperous Kenya has always rested on aspirations of unity, inclusivity, and shared advancement. But realizing this vision requires an honest evaluation of where the country is now and a deliberate conversation on where it must head over the next few years. The Kenya We Want” is not a slogan—it is a call to action, a blueprint for the future, and a vow to create a society that is reflective of the aspirations and ideals of the people.
Kenya is a country that is full of potential with a youthful population, abundant natural resources, and a geoeconomic location at the center of the global economy. But it also continues to grapple with long-term issues of governance, inequality, and management of resources. To achieve the Kenya we all wish for, stakeholders need to question how governance institutions can be made stronger to provide transparency, efficiency, and accountability. Strong institutions continue to be the foundation of economic development and social cohesion, and their ongoing improvement is critical to making lasting progress.
The discussion is also about inclusivity. A Kenya for all is one where opportunities are not tilted in a few areas or a narrow elite, but available to all Kenyans, irrespective of station. This means closing gaps in education, medicine, road and other physical infrastructure, and access to technology to make every Kenyan able to thrive in the 21st century. The. question is not merely how to open up opportunities, but how to make them significant and lasting.
Innovation and youth empowerment will be the central pillars of this vision. Young Kenyans already are reshaping industries, from fintech to arts, and are Kenya’s best hope for the future. By creating an enabling environment for entrepreneurship, skills, and digital innovation, Kenya will be able to carve out a path that is competitive and uniquely African.
Ultimately, the Kenya we want is one built on values—responsibility, solidarity, equity, and integrity. Day Four will provide room to converse across sectors and challenge participants to articulate a vision that is not only ambitious but also possible. The discussion will underscore that the future Kenya is built by us all and demands commitment, creativity, and cooperation today.
The following key topics shall form part of the discussion on the fourth day of the Seminar:

Kenyan Constitutionalism: The challenges and promises of constitutional reform in Kenya
Anti-Corruption and Integrity:Strengthening governance and integrity frameworks and policies in the Country
Ethics at play: An overview of the Code of Ethics for Professional Accountants
Challenges and opportunities for elected leaders in steering the country to economic acceleration

DAY FIVE: FRIDAY 21ST NOV 2025- WILLS, TRUST & ESTATE PLANNING.
In an era of unpredictability and uncharted change, planning for the future is more important than ever before. Wills, trusts, and estate planning are not only legal processes; they are instruments of financial security, family stability, and intergenerational continuity as well. Day Five will explore the significance of these tools in the preservation of wealth, honoring the individual’s intentions, and organized succession in family and business contexts.
For families, estate planning ensures that their treasures are shared as they wish, reducing the possibility of conflict and uncertainty among loved ones. In societies where inheritance disputes break up families and deplete assets, a plan is not only a smart thing to do, but it must be done. Wills and trusts establish a framework that promotes equity, clarity, and respect for heritage.
At the business level, continuity is most important and needs succession planning. Family firms, the backbone of the majority of economies, often suffer poor succession leadership. Companies, lacking estate planning, are exposed to fragmentation or collapse as control changes hands. Trusts and strategically conceived succession planning ensure companies are well-fortified across generations and provide protection of employment and preservation of value creation.
From a broader perspective, estate planning also crosses social and economic development. By reducing conflict and protecting assets, these tools feed into fiscal security and community wealth preservation. They also encourage a sense of responsibility and vision, challenging individuals and institutions to think beyond short-term gains toward enduring legacies.
Day Five will push individuals to consider not only the mechanics of wills and trusts but also their effect on society. Through thoughtful planning, individuals and institutions can secure their futures and contribute to the continuity and well-being of generations that follow.
The following sub-topics shall form part of the discussion on the fifth day of the Seminar:
Wills, trust & estate planning:

Healthcare Directives and Living Wills: Planning for end-of-life care by appointing a healthcare proxy and documenting your wishes regarding medical treatment.
Guardianship for minor children: The critical process of nominating a guardian for dependent children in a will.
Asset protection planning:Using trusts and other legal mechanisms to protect assets from lawsuits, creditors, and ex-spouses.
Business succession planning: Essential strategies for transferring ownership and control of a family or privately held business.
Planning for blended families: Using trusts to ensure children from different marriages receive their intended inheritance.

SUMMARY OF SEMINAR TOPICS
Overall, the seminar topics for the 4 days of learning are as indicated below:

Future Fit Accountants: Roles for the next decade
State of the Accountancy Profession Globally
Revision and development of new accountancy and audit standards and the impact on the profession
The great talent migration: Career options for accountants in other jurisdictions
Real life use of AI and Block chain in Accountancy
Overview of Government advancements in technology– EGP, eTims, iTax, IFMIS
Debt Sustainability and Restructuring:Strategies for managing and resolving sovereign debt crises and promoting responsible lending and borrowing.
Affordable and Innovative Finance:Increasing concessional finance, grants, and local currency lending to bridge the development finance gap in the country.
Mobilizing Private Capital:Strategies to attract private investment to complement public development finance for achieving SDGs.
Reforming Multilateral Development Banks:Adapting and reforming multilateral development banks to meet new global challenges and enhance their relevance.
Kenyan Constitutionalism: The challenges and promises of constitutional reform in Kenya
Anti-Corruption and Integrity:Strengthening governance and integrity frameworks and policies in the Country
Ethics at play: An overview of the Code of Ethics for Professional Accountants
Challenges and opportunities for elected leaders in steering the country to economic acceleration
Wills, Trusts & Estate Planning:

Healthcare Directives and Living Wills: Planning for end-of-life care by appointing a healthcare proxy and documenting your wishes regarding medical treatment
Guardianship for minor children: The critical process of nominating a guardian for dependent children in a will.
Asset protection planning:Using trusts and other legal mechanisms to protect assets from lawsuits, creditors, and ex-spouses.
Business succession planning: Essential strategies for transferring ownership and control of a family or privately held business.
Planning for blended families: Using trusts to ensure children from different marriages receive their intended inheritance.

CONFERENCE CHARGES

Details
Amount

Associate Members
Kes. 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Members
Kes. 74,000 per Delegate

Virtual Option (Members)
Kes. 25,000 per Delegate

Virtual Option (Non-Members)
Kes. 25,000 per Delegate

Accommodation
Delegates are advised to make own accommodation arrangements

Bookings Deadline: Bookings close on Friday, 14th November 2025 at 17:00 pm
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the 42nd Annual Seminar Edition 1.
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).
PARTNERSHIP OPPORTUNITIES
The Annual Seminar presents a perfect opportunity for organizations to showcase their products and services to a target group with high purchasing power, both on personal and corporate levels. With over 2500 participants, you have a perfect opportunity for brand positioning for optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship/partnership opportunities range from cocktail, gala, media sponsorships, exhibitions and advertising. For more information or enquiries please email raphael.nguli@icpak.com
CONTACT DETAILS
Please feel free to contact any of the following persons for any inquiries and/or confirmations:

Contact Person(s)
Cell
Email

ICPAK
+254 719074000
marketing@icpak.com
memberservices@icpak.com

Brenda Imali
Andrew Kavoo
+254 724211491
+254 721274397
brenda.imali@icpak.com
andrew.kavoo@icpak.com

THE 42ND ANNUAL SEMINAR EDITION 2 (physical option)
2025-11-17 09:00 - 2025-11-21 16:00 | Sarova Whitesands Beach Resort and Pride Inn Paradise Beach Resort, Mombasa, Kenya
INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
THE 42ND ANNUAL SEMINAR EDITION 2
Theme: From Transactions to Transformation: Accountancy Impacting the World
HYBRID EVENT: SAROVA WHITESANDS BEACH RESORT & SPA, PRIDE INN PARADISE HOTEL, MOMBASA AND VIRTUAL
DATES: MONDAY 17TH TO FRIDAY 21ST NOVEMBER 2025
TIME: 09.00AM-03.30PM
ABOUT ICPAK – THE HOST
The Institute of Certified Public Accountants of Kenya (ICPAK) is a regulatory body mandated to regulate and coordinate the activities of qualified and registered Certified Public Accountants (CPAs) in Kenya – including promoting research into the subject of accountancy and finance and related matters, publication of books, periodicals, journals and articles in connection therewith; promoting the international recognition of the Institute, advising the Examination Board on matters relating to examinations standards and policies, advising the Minister for Finance on matters relating to financial accountability in all sectors of the economy and setting and enforcing standards of professional practice such as accounting, auditing and ethical standards. The Institute is established by an Act of parliament – The Accountants Act and has been in existence since 1978. Over its long history it has registered over 40,000 members. Its members work in diverse sectors of the economy as accountants, financial experts, auditors, financial consultants among other careers within the larger definition of accountancy. Over 1200 of our members have emigrated and are working beyond the borders of Kenya. Members of the Institute are present in 44 different countries around the globe.
ANNUAL SEMINARS – A BRIEF HISTORY
Each year for the last 41 years, ICPAK has maintained a rich tradition of congregating once a year to reflect on the profession and emerging issues affecting the nation. The last seminar followed the same pattern as it sought to reinforce the role of professional accountants in sustainability reporting and climate change. Both editions of the 41st Annual Seminar attracted an average of 3,900 participants on both physical and virtual attendance, largely drawn from Kenya but with representation from Uganda, Tanzania, Rwanda, Burundi, Mozambique and South Africa. The current event is targeted to attract a wider representation of East Africa and the continent at large.
Due to limited seats the Institute has held two Annual Seminars since 2021to enable participation by most members. This year, the Institute shall also hold two Annual Seminars dubbed Edition 1 and Edition 2 to accommodate all the professionals. The first edition shall be held from 19th -23rd May 2025 while the second one for this year shall be held on 17th – 21st November 2025.
This year’s events mark 42 years since the time when the Institute held its first Annual Seminar in 1984. This demonstrates resilience, unity and focus of the Accountancy profession. Throughout these decades, the Annual Seminar has acted as a beacon of hope for the profession.
The Institute shall hold the Seminar in two physical venues i.e Sarova White sands and Pride Inn Paradise Hotel in Mombasa, Kenya with an option of live streaming and allocation of speakers and panelists across both venues. The delegates’ allocation to both venues shall be done based on date of payment, with the first venue being allocated the early paying delegates. The seminar shall also be streamed on the virtual platform where some delegates and speakers shall be participating.
OVERVIEW OF SEMINAR SUB-THEMES AND ORGANIZATION
DAY ONE: MONDAY 17th NOV 2025: ARRIVAL AND REGISTRATION
The arrival and registration process shall be carried out by ICPAK and will commence on Monday,17th Nov 2025 from 8.00 a.m. up to 5.00p.m. Due to the large numbers witnessed before in the previous Annual Seminars and to allow for a smooth registration process, the whole day has been reserved for registration and giveaway collection by delegates.
DAY TWO: TUESDAY 18th NOV 2025- ACCOUNTANCY PROFESSION TRANSFORMING THE WORLD.
The profession of accountancy is experiencing a stunning transformation, redefining not only the way businesses function but also the way societies function. Previously narrowly focused on bookkeeping and compliance, accountancy has developed into a field that overlaps with governance, policy, technology, and sustainable development. Today, accountants are required to merge technical know-how with strategic insight, providing information that informs top-level decision-making. This evolution has turned the job into an international change agent, actively contributing to economic stability, transparency, and innovation.
Today’s accountants are being asked more and more to sense and respond to sophisticated global forces. They have moved beyond their historic function of transcribing transactions to analyzing information and shaping organizational strategy. The demand for professionals who have the ability to adapt to new realities such as increased rates of technological change, globalizing markets, and altered regulatory landscapes has never been greater. Through developing forward-looking capacities and adopting innovations, the profession is preparing itself for a future of resilience, nimbleness, and inclusivity.
Global interdependence of economies has also highlighted the requirement for harmonized professional standards and ethical guidelines. With the greater ease of movement of capital, people, and ideas across borders, accountants are increasingly becoming global actors who must work within diverse regulatory contexts and uphold the values of integrity and responsibility. This requires lifelong learning, openness to global approaches, and the ability to use professional judgment in a variety of situations. Simultaneously, talent mobility is reshaping accountants’ views on career prospects as many seek to get into jobs that are greater than national and add value in more than one jurisdiction.
Technology is behind this transformation. Emerging technologies such as artificial intelligence, blockchain, and new-generation data analytics are revolutionizing the capture, processing, and distribution of financial information. Rather than displacing the profession, these technologies are extending its capacity for more efficiency, accuracy, and transparency. Those accountants who embrace technology are placing themselves at the forefront of innovation, enabling organizations to capitalize on new opportunities while managing threats in a more digitalized world. This technological transformation also occurs in the public sector, where governments are investing in integrated financial management systems and electronic compliance platforms to improve accountability, service delivery, and trust in institutions.
Besides technical and technological transformation, the profession is also undergoing transformations in broader societal expectations. Stakeholders demand accountants now to actively contribute towards enabling sustainability, ethical leadership, and equitable economic development. Not only are today’s accountants expected to deliver value to businesses, but they are also required to deliver value to the well-being of society and the preservation of the environment. This wider mandate demands a new breed of professional who is visionary, adaptive, and committed to making change happen in whatever field they enter.
As the world evolves, the accountancy profession is at a crossroads. Whether it can shape governance, inform policy, embrace the latest technologies, and address global issues will decide its future relevance and influence. Day Two of the conference will thus look back at this evolution, with views that affirm the role of accountancy in creating a more transparent, resilient, and sustainable world.
The following key topics shall form part of the discussion on the second day of the Seminar:

Future Fit Accountants: Roles for the next decade
State of the Accountancy Profession Globally
Revision and development of new accountancy and audit standards and the impact on the profession
The great talent migration: Career options for accountants in other jurisdictions
Real life use of AI and Block chain in Accountancy
Overview of Government advancements in technology– EGP, eTims, iTax, IFMIS

DAY THREE:WEDNESDAY 19th NOV 2025: DEBT, DEVELOPMENT & MULTILATERALISM
Debt remains one of the signature issues of our era, dictating the capacity of nations to spend on roads, cater for the essentials of their populations, and attain sustainable development. For developing countries such as Kenya, the matter of balancing public debt against economic growth is more pressing. The cycle of borrowing, repayment, and financial obligation also includes convergence with domestic and foreign affairs since multilateral institutions are still at the center of defining debt management policy. This session will provide a platform to discuss debt not just as a money instrument but as an instrument of development and as a promoter of international cooperation.
In fact, borrowing is now one of the most important growth drivers in modern economies. Debt is used by governments to finance long-term energy, health, transport, and education schemes. But uncontrolled accumulation of debt can put pressure on public finances and limit future fiscal elbow room. For Kenya, as for many emerging markets, the pressing issue is how to reconcile borrowing with prudential management of debt and make sure that funds are steered to productive investment. It is this reconciliation that is central to sustaining growth, creating employment, and reducing inequality.
The debt debate is also accompanied by a contemplative glance at the role of multilateralism. Regional blocks and global financial institutions offer mechanisms that may enable or constrain domestic policy choice. Design of loan agreements, debt rescheduling programs, and world financial management carry deep consequences. The policymakers must negotiate for arrangements that promote sovereignty while giving access to the capital that will promote change. Through multilateral negotiation, countries can move towards a more balanced system that equally matches the interests of creditors and the developmental objectives of borrowers.
Moreover, debt negotiations are not separable from the general argument about sustainability. Borrowing today and the choice to do so decide what options are available for future generations. Debt can pay for green energy, climate resilience, and technological progress—investment that will be stable over the long run if done judiciously. Debt can also drive dependencies and reduce the ability of nations to achieve their development goals if misused.
Day Three will thus ask participants to pose the question of how debt, development, and multilateral partnership converge to influence the future of Kenya. Opportunities and challenges will be the focus of the discussion with a call to stakeholders to consider how to design financial strategies which are inclusive, sustainable, and transformative.
The following key topics shall form part of the discussion on the third day of the Seminar:

Debt Sustainability and Restructuring:Strategies for managing and resolving sovereign debt crises and promoting responsible lending and borrowing.
Affordable and Innovative Finance:Increasing concessional finance, grants, and local currency lending to bridge the development finance gap in the country.
Mobilizing Private Capital:Strategies to attract private investment to complement public development finance for achieving SDGs.
Reforming Multilateral Development Banks:Adapting and reforming multilateral development banks to meet new global challenges and enhance their relevance.

DAY FOUR: THURSDAY 20TH NOV 2025- THE KENYA WE WANT
The vision of a prosperous Kenya has always rested on aspirations of unity, inclusivity, and shared advancement. But realizing this vision requires an honest evaluation of where the country is now and a deliberate conversation on where it must head over the next few years. The Kenya We Want” is not a slogan—it is a call to action, a blueprint for the future, and a vow to create a society that is reflective of the aspirations and ideals of the people.
Kenya is a country that is full of potential with a youthful population, abundant natural resources, and a geoeconomic location at the center of the global economy. But it also continues to grapple with long-term issues of governance, inequality, and management of resources. To achieve the Kenya we all wish for, stakeholders need to question how governance institutions can be made stronger to provide transparency, efficiency, and accountability. Strong institutions continue to be the foundation of economic development and social cohesion, and their ongoing improvement is critical to making lasting progress.
The discussion is also about inclusivity. A Kenya for all is one where opportunities are not tilted in a few areas or a narrow elite, but available to all Kenyans, irrespective of station. This means closing gaps in education, medicine, road and other physical infrastructure, and access to technology to make every Kenyan able to thrive in the 21st century. The. question is not merely how to open up opportunities, but how to make them significant and lasting.
Innovation and youth empowerment will be the central pillars of this vision. Young Kenyans already are reshaping industries, from fintech to arts, and are Kenya’s best hope for the future. By creating an enabling environment for entrepreneurship, skills, and digital innovation, Kenya will be able to carve out a path that is competitive and uniquely African.
Ultimately, the Kenya we want is one built on values—responsibility, solidarity, equity, and integrity. Day Four will provide room to converse across sectors and challenge participants to articulate a vision that is not only ambitious but also possible. The discussion will underscore that the future Kenya is built by us all and demands commitment, creativity, and cooperation today.
The following key topics shall form part of the discussion on the fourth day of the Seminar:

Kenyan Constitutionalism: The challenges and promises of constitutional reform in Kenya
Anti-Corruption and Integrity:Strengthening governance and integrity frameworks and policies in the Country
Ethics at play: An overview of the Code of Ethics for Professional Accountants
Challenges and opportunities for elected leaders in steering the country to economic acceleration

DAY FIVE: FRIDAY 21ST NOV 2025- WILLS, TRUST & ESTATE PLANNING.
In an era of unpredictability and uncharted change, planning for the future is more important than ever before. Wills, trusts, and estate planning are not only legal processes; they are instruments of financial security, family stability, and intergenerational continuity as well. Day Five will explore the significance of these tools in the preservation of wealth, honoring the individual’s intentions, and organized succession in family and business contexts.
For families, estate planning ensures that their treasures are shared as they wish, reducing the possibility of conflict and uncertainty among loved ones. In societies where inheritance disputes break up families and deplete assets, a plan is not only a smart thing to do, but it must be done. Wills and trusts establish a framework that promotes equity, clarity, and respect for heritage.
At the business level, continuity is most important and needs succession planning. Family firms, the backbone of the majority of economies, often suffer poor succession leadership. Companies, lacking estate planning, are exposed to fragmentation or collapse as control changes hands. Trusts and strategically conceived succession planning ensure companies are well-fortified across generations and provide protection of employment and preservation of value creation.
From a broader perspective, estate planning also crosses social and economic development. By reducing conflict and protecting assets, these tools feed into fiscal security and community wealth preservation. They also encourage a sense of responsibility and vision, challenging individuals and institutions to think beyond short-term gains toward enduring legacies.
Day Five will push individuals to consider not only the mechanics of wills and trusts but also their effect on society. Through thoughtful planning, individuals and institutions can secure their futures and contribute to the continuity and well-being of generations that follow.
The following sub-topics shall form part of the discussion on the fifth day of the Seminar:
Wills, trust & estate planning:

Healthcare Directives and Living Wills: Planning for end-of-life care by appointing a healthcare proxy and documenting your wishes regarding medical treatment.
Guardianship for minor children: The critical process of nominating a guardian for dependent children in a will.
Asset protection planning:Using trusts and other legal mechanisms to protect assets from lawsuits, creditors, and ex-spouses.
Business succession planning: Essential strategies for transferring ownership and control of a family or privately held business.
Planning for blended families: Using trusts to ensure children from different marriages receive their intended inheritance.

SUMMARY OF SEMINAR TOPICS
Overall, the seminar topics for the 4 days of learning are as indicated below:

Future Fit Accountants: Roles for the next decade
State of the Accountancy Profession Globally
Revision and development of new accountancy and audit standards and the impact on the profession
The great talent migration: Career options for accountants in other jurisdictions
Real life use of AI and Block chain in Accountancy
Overview of Government advancements in technology– EGP, eTims, iTax, IFMIS
Debt Sustainability and Restructuring:Strategies for managing and resolving sovereign debt crises and promoting responsible lending and borrowing.
Affordable and Innovative Finance:Increasing concessional finance, grants, and local currency lending to bridge the development finance gap in the country.
Mobilizing Private Capital:Strategies to attract private investment to complement public development finance for achieving SDGs.
Reforming Multilateral Development Banks:Adapting and reforming multilateral development banks to meet new global challenges and enhance their relevance.
Kenyan Constitutionalism: The challenges and promises of constitutional reform in Kenya
Anti-Corruption and Integrity:Strengthening governance and integrity frameworks and policies in the Country
Ethics at play: An overview of the Code of Ethics for Professional Accountants
Challenges and opportunities for elected leaders in steering the country to economic acceleration
Wills, Trusts & Estate Planning:

Healthcare Directives and Living Wills: Planning for end-of-life care by appointing a healthcare proxy and documenting your wishes regarding medical treatment
Guardianship for minor children: The critical process of nominating a guardian for dependent children in a will.
Asset protection planning:Using trusts and other legal mechanisms to protect assets from lawsuits, creditors, and ex-spouses.
Business succession planning: Essential strategies for transferring ownership and control of a family or privately held business.
Planning for blended families: Using trusts to ensure children from different marriages receive their intended inheritance.

CONFERENCE CHARGES

Details
Amount

Associate Members
Kes. 64,000 per Delegate

Full Members
Kes. 69,000 per Delegate

Non-Members
Kes. 74,000 per Delegate

Virtual Option (Members)
Kes. 25,000 per Delegate

Virtual Option (Non-Members)
Kes. 25,000 per Delegate

Accommodation
Delegates are advised to make own accommodation arrangements

Bookings Deadline: Bookings close on Friday, 14th November 2025 at 17:00 pm
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending the 42nd Annual Seminar Edition 1.
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).
PARTNERSHIP OPPORTUNITIES
The Annual Seminar presents a perfect opportunity for organizations to showcase their products and services to a target group with high purchasing power, both on personal and corporate levels. With over 2500 participants, you have a perfect opportunity for brand positioning for optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship/partnership opportunities range from cocktail, gala, media sponsorships, exhibitions and advertising. For more information or enquiries please email raphael.nguli@icpak.com
CONTACT DETAILS
Please feel free to contact any of the following persons for any inquiries and/or confirmations:

Contact Person(s)
Cell
Email

ICPAK
+254 719074000
marketing@icpak.com;
memberservices@icpak.com

Brenda Imali
Andrew Kavoo
+254 724211491
+254 721274397
brenda.imali@icpak.com
andrew.kavoo@icpak.com

ICPAK Charity Golf Tournament-Four Ball
2025-11-19 07:00 - 18:00 | Nyali Golf and Country Club, Mombasa
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ICPAK Charity Golf Tournament (Four Ball)
Date: 19th November 2025
Venue: Nyali Golf and Country Club, Mombasa
The charges are:
Individual player: Kes 2,500
Four Ball: Kes 10,000
For inquiries contact Raphael Nguli at raphael.nguli@icpak.com or Jamlick Kogi: (0114 089252) and at Jamlick.kogi@icpak.com
