ICPAK Orders Disclosure of Key Audit Queries to Stakeholders
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1 Go To SourceAccountants warn over mounting public debt
The Institute of Public Accountants of Kenya is urging caution over the increasing public debt despite the Bretton Woods institutions’ stand that the country’s borrowing level is manageable. They want the government to introduce a cap on the percentage of external resources to the total national budget.
Accountants want review of capital gains tax
ACCOUNTANTS want the government to review the Capital Gains Tax guidelines to make it “business friendly” and prevent a slump in the property market. Under the umbrella body Institute of Certified Public Accountants, the lobby group said CGT which was reintroduced after an amendment to the 2014 Finance Act is the same as it was […]