Dear Members,

Greetings from the Chief Executive’s Desk.

I want to sincerely thank you for your continued commitment in serving the accounting profession and the economy at large. Your respective roles as professionals in various sectors of the economy cannot be underestimated.

As part of advocacy, the Institute has been engaging key stakeholders on the Companies Bill 2015 which is waiting for presidential assent to be passed into law.

This is to bring to your attention the press release that our National Chairman, FCPA Fernandes Barasa has released to media houses on the Companies Bill 2015. The press release is herein attached.

As members, the Institute is calling upon you to take note of the contents of the press release and engage the relevant stakeholders on sensitization regarding the Institutes considered view on the effects of the Bill to the accounting profession, the Kenya Revenue Authority on tax collection, creation of employment, cost of doing business among, licensing of accountants and other effects to the economy once the Bill is passed into law.

Kind Regards

CPA Dr. Patrick Ngumi
CHIEF EXECUTIVE

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