In becoming a globally recognized professional accountancy institute, ICPAK seeks to develop and regulate the accountancy profession in Kenya. This is by supporting its members in an all-round approach towards their global recognition as competent professionals, who add value whilst serving and protecting the public interest.
There is increased focus to ensure that members are reaping the maximum possible value out of the Institute’s activities. This then translates to increased quality membership and retention levels.
ICPAK is driven by the need to create and offer lifelong value to our members, who as professional accountants, are expected to be effective in their work, adding value to those who rely on them including their clients, employers and the public in general.
Members access any career opportunities in finance, audit and accounting, through the Institute’s Econnect online bulletin and website for members’ access and uptake.
Access a wealth of content, including technical releases, exposure drafts, seminar materials, updates on financial reporting, discussion papers, professional development, registration, and licensing among others.
Continuing professional development (CPD) is designed to develop your professional competence within your role and help you maintain that expertise throughout your career. CPD also demonstrates to your fellow members and the wider public that you are committed to remaining proficient and at the forefront of the profession. CPD entails attending courses, seminars, conferences, watching webinars, listening to podcasts, coaching, and reading articles. For an activity to count as CPD, you will need to demonstrate its relevancy to your role and how it has helped you to meet your learning needs.
ICPAK offers a wide range of qualifications and leadership development programs that include certification courses in Enterprise Risk Management (ERM), IFRS, Anti-Money Laundering and Counter-Terrorism Financing, Board, and Board Audit Committee masterclasses.
We aim to support you from wherever you work. Our branch offices provide the same services as those provided at the headquarters of the Institute. The Institute’s chapters in Australia, South Africa, United Kingdom and America’s play a key role in bringing ICPAK members in those countries together for networking and pushing any agenda that may be common to their advancement. These chapters have fully functional boards running the affairs of ICPAK members in these countries.
ICPAK has implemented multiple license categories through which licensed members provide specialized accounting and auditing services as per each category. We support such members by providing specialized trainings, guidelines, illustrative templates, and toolkits.
ICPAK recognizes the value of mentorship and the role it plays in fast tracking career growth. Through the Institute’s Trainee Accountant Practical Experience Framework (TAPEF) program, our Associate members are taken through practical training, supervised by experienced members, as part of their qualifications into full members. ICPAK undertakes career talks and mentorship sessions targeting students in high school, universities, and CPA students.
ICPAK has negotiated with a variety of renowned lifestyle brands to offer you the best possible benefits and discounts, from motor vehicle insurance, motor vehicle spare parts purchase, academic programs and air and road emergency evacuation. Your membership also qualifies you to access the Institute’s Benevolent Scheme benefits, that include last expense upon demise of principal member, spouse, children, parents, and parents in law.
ICPAK members are kept up to date on matters relating to the profession and technical developments via the Institute’s many communications channels. Channels include ICPAK’s social media, the bi-monthly magazine, ‘The Accountant Journal’, the online bulletin Econnect, ICPAK WhatsApp group and the Institute’s website. Members easily reach out to the Institute through our Call Centre, real time chat app, email, and telephone.
ICPAK’s role as a regulator is espoused in the Accountants’ Act. ICPAK serves the interests of the accountancy profession and society by upholding professional standards and integrity. Members are adequately kept abreast of any changes, in either the accounting or auditing standards, towards enhancing their understanding and application of the same effectively.
The Institute’s disciplinary process plays an all-important role in maintaining the integrity of the members, the profession and protecting the public interest. By exercising professional authority over its members, the ICPAK protects the public from unscrupulous practices, unprofessional or unethical conduct from its members.
The CPA brand qualifies you as a certified and regulated accounting professional as defined in the Accountants Act. Our branding of the CPA is focused on presenting our members and associates as thought leaders and difference makers in society, towards upholding public interest.Â
Your ICPAK membership opens opportunities for membership to other professional accountancy bodies within the East African region, Australia, South Africa. With these memberships comes work opportunities.
Through advocacy and stakeholder engagement ICPAK enables its members to participate in thought leadership discussions towards making a positive difference in the profession, society, and the economy.
The Institute engages with various stakeholders locally and internationally, to represent members’ views towards relevant laws, government budgets, legislation, public financial and other key matters. ICPAK has representation on key relevant international, regional, and local boards, committees, and standards bodies.
Members who meet the set requirements are eligible to serve on the ICPAK Council, its committees, taskforces, workstreams and branch leadership, adding a voice on the growth and development of the Institute and the profession at large.
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ICPAK plays an active role in the profession’s transformation and growth through activities that grow the pipeline of future accountants on the one hand, while providing opportunities for the disadvantaged in the communities the Institute operates in. Such activities include scholarship opportunities for bright but disadvantaged pupils to pursue university education in finance and accounting related courses, charity donations, mentorships and career talks, charity donations in cash and kind, sponsorships of projects towards environmental sustainability or the good of needy persons in the society.
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ICPAK has negotiated with a variety of renowned lifestyle brands to offer you the best possible benefits and discounts, from motor vehicle insurance, academic programs. Further through MoU’s between the Institute and other professional accountancy organizations (PAOs) within the East African region and beyond, members enjoy recognition and are eligible to access the PAOs’ membership and benefits accrued. Your membership also qualifies you to access the Institute’s Benevolent Scheme benefits, that include last expense upon demise of the principal member, spouse, children, parents, and parents in law.