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Financial Reporting Workshop for Cooperative Societies

Overview In order to enforce transparency and accountability, SACCOs in Kenya are exposed to various legal and professional compliance requirements. All the players in this sector must clearly understand the financial reporting requirements according to the International Financial Reporting Standards (IFRSs) and the regulatory requirements from SACCO Societies Regulatory Authority (SASRA). With the convergence of […]


The Financial Instruments Workshop

Introduction The International Accounting Standards Board (IASB) issued the final version of IFRS 9 on 24th July 2014. This follows a comprehensive review of IAS 39 which began in 2009 in response to the financial crisis. The standard proposes significant shift in the classification and measurement of financial assets with an effective date for annual […]


Audit Staff Training Workshop: Mount Kenya Branch (Nyeri)

    Through the International Standards on Auditing (ISAs) Clarity Project, audit firms and practitioners are encouraged to consider implementation issues as soon as practicable. This will ensure that those charged with responsibilities relating to audits of financial statements make adjustments to current audit programs and procedures to reflect these changes. The ISAs introduced significant […]


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