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ICPAK Press Statement – Reflections on the Fiscal Budget 2022/23 and Finance Bill 2022

ICPAK PRESS STATEMENT – REFLECTIONS ON THE FISCAL BUDGET 2022/23 AND FINANCE BILL 2022

The Institute has over the years played and continues to play a pivotal role in budget making, implementation and monitoring process. To this end, and in fulfillment of its mandate under the Accountancy Act, ICPAK has reviewed the Budget Statement and draft Finance Bill 2022 – and wishes to point out the following policy interventions that have a direct bearing on the citizen:

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Head – Finance & Accounting (Manufacturing /FMCG)

To provide strategic and operational leadership for the Finance & Accounting function, ensuring accurate and timely financial reporting, strong governance and internal controls, disciplined cost management, effective working-capital stewardship, regulatory compliance, robust MIS and decision support.

Chief Accountant – Horticulture

The Chief Accountant leads all farm-level finance operations: accurate, IFRS-compliant reporting, robust internal controls, cost and biological-asset accounting, cash and forex management, and timely compliance with Kenyan tax and statutory requirements.

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