ICPAK has launched the Practice Centre of Excellence (PCE), also known as the audit academy, to strengthen audit quality, enhance practitioners’ competencies, and promote public confidence in the accountancy profession.
Speaking at the launch, ICPAK Chairman, CPA Prof. Elizabeth Kalunda, challenged practitioners to see themselves as custodians of Kenyans’ hard-earned savings, noting that millions rely on their audit opinions when making critical decisions about investing, saving, and accessing credit.
The ICPAK Vice Chairman, FCPA Benard Amukah, acknowledged the challenges facing Small and Medium Practitioners (SMPs) and reaffirmed the Institute’s commitment to supporting their growth through capacity building, professional guidance, and updates on emerging trends in ethics and professional standards.
PDC Convenor, CPA Wycliffe Bichang’a, noted that the Academy will strengthen audit quality across the country and equip practitioners to address deficiencies identified through the Institute’s Audit Quality Reviews.
The Director, Professional Standards and Sustainability, CPA Catherine Asemeit, representing the CEO, reaffirmed the Secretariat’s commitment to providing the support needed to ensure the Academy achieves its objectives and delivers meaningful improvements in audit quality and practitioners’ competencies.
The launch was also attended by ICPAK Council Member FCPA Georgina Malombe, RQAC Chairman FCPA Dr. John Mundany, Director, Regulation and Licensing, CPA Julian Nyong’o, alongside other Institute leaders, staff and practitioner
