INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under cap 531 of the Accountant Act, Laws of Kenya)
FINANCIAL REPORTING SEMINAR FOR SACCOS & COOPERATIVE SOCIETIES
Theme: Towards Inclusive Growth in Cooperative Movements
Venue: Acacia Premier Hotel, Kisumu
Date: 10th to 12th July 2019
OVERVIEW
The 21st century provided Cooperative Movements with exciting and critical opportunities as the continent became the world’s second fastest – growing region. The last 1 ½ decades have proved that Africa can withstand global shifts and shocks; and continue the positive economic growth path. However, the threats of inequality are the greatest challenges to Africa’s initiatives for sustainable development as projected in African Union (AU) Agenda 2063.
The cooperative movement is in itself a revolutionary approach to development finance with the provision of financial services such as credit and savings to poor and low-income households and their micro-enterprises. The importance of co-operatives as a mechanism for growth and development has been the emphasis of social philosophers and economists around the world. This is evidently clear as co-operatives today are found in nearly all countries from the developing nations of Asia, Africa, and South America to the industrial countries of Europe and North America.
As a user-oriented organization, the success of a cooperative relies heavily in its members. Besides members, board of directors of a cooperative must fulfill their responsibility efficiently and effectively in order to secure success. Cooperatives in Kenya are at cross roads due to stiff competition and challenges from other institutions and organizations that are also expanding and developing rapidly with increased opportunities in and outside the country. The issue of whether cooperatives are still relevant and can maintain their integrity and continue to develop at the same pace if not faster has been a bristly one.
Riding on the above, this seminar has been organized to bring together cooperative thought leaders and businesses for learning, debating and networking. Some of the topics of discussion will include:
- Governance Practices and Challenges by Saccos & Cooperative Societies
- Cooperatives Societies in Community and National Development: Addressing the Saving Culture in Kenya
- Technology and Cooperatives – Assessing the Viability
- The Kenyan Government’s Policy and Programme on Cooperative Development as a Key Pillar of Social and Economic Development
- Is Regulation a Dividend or A Burden?
- The Place of Audit among Saccos & Cooperative Societies
- Addressing Sustainability – The Shift from Financial Education to Financial Capability
- Member Mobilization, Branding and Marketing Initiatives
TARGET AUDIENCE
Finance Managers & Internal Auditors in SACCOs; Practicing Auditors, Accountants from SACCOs; Representatives of regulatory bodies (SASRA, CBK), Finance consultants and any persons seeking knowledge in SACCO financial reporting matters.
SEMINAR CHARGES
| Category | Early Bird Registration
Booking & Payment on or before 25th June 2019 |
Normal Registration
Booking & Payment/LSO/LPO received after 25th June 2019 |
| Associate Members/Accounting Trainees | Ksh. 45,000 | Ksh.55,000 |
| Kenyan based Members/ACCA Members and IFAC PAOs | Ksh. 55,000 | Ksh. 60,000 |
| Non-members & International Delegates | Ksh. 60, 000
USD 610 |
Ksh. 65,000
USD 660 |
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all conference sessions.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).
PARTNERSHIP OPPORTUNITIES
The conference presents a perfect opportunity for organizations to showcase their products & services to a target group with high purchasing powers, both on personal and corporate levels. You will also have a unique opportunity for brand positioning and communication that will enjoy optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship opportunities range from cocktail, gala, media sponsorships, exhibitions and advertising. For more information or enquiries please email maureen.chelangat@icpak.com
Channel further requests to Joy Wanyonyi via telephone calls on +254 719 074000/0732352476 or email joy.wanyonyi@icpak.com with a copy to memberservices@icpak.com
We encourage members to regularly visit our website www.icpak.com for updates.
