INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
THE ANNUAL GOVERNANCE & ETHICS CONFERENCE
Theme: Entrenching Organization-Wide Governance and Ethical Principles for Effective Oversight and Execution of Strategy
Venue: Sarova Whitesands Beach Hotel & Spa
Date: 21st to 23rd October 2020
INTRODUCTION
A key characteristic of the new global economy is its shift from a tangible asset-based economy to one that is reliant on intangible knowledge-based assets that depend heavily on human capital. The capacity and capability to develop initiatives that can keep up with continuously changing social contexts. The most technologically advanced economies are knowledge-based, where information and knowledge are direct productive forces that drive the economy. Hence, governments are devoting increasing efforts to the development of knowledge-based industries, whose value chains are driven by human capital, innovation, and technologies. In view of the complexities in knowledge work; Effective Governance is key for Organizational Success.
Research has demonstrated that well-governed institutions worldwide perform better in financial terms. Good governance starts with a well-functioning, well-meaning board of directors that is at the heart of an organization’s corporate governance framework and is crucial to ensuring all other governance components are working effectively. Interestingly, governance remains one of the major challenges faced by corporate executives today. Changes in society, new business models, globalization and shifting economic headwinds all contribute to making it more difficult for boards to respond effectively with the right corporate governance practices.
Corporate ethics is a form of professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. These ethics originate from individuals, organizational statements or from the legal system. These norms, values, ethical, and unethical practices are the principles that guide a business. They help those businesses maintain a better connection with their stakeholders. Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization.
Good principles of corporate ethics are integral to the modern-day Senior Executives and directors as they point towards the important skills and attributes required to navigate the business towards efficiency and growth by minimizing losses that would emanate from revenue leakages through fraud. Ethical principles are thus important if entrenched in the whole organization and if practiced by all staff with of course the right tone set at the top and tricking down across the chain of command within the organization.
It is against this backdrop that ICPAK has organized a Governance and Ethics Conference to focus on the following key topics:
- Strategic Leadership: The Governance of Strategy – Strategic planning and management, Business environment, Strategic analysis tools, Resource capability, Strategic options, Boards role in governance of strategy, Strategy committees
- Good to Great: Why some organisations make the leap and others do not
- The Role of the Board and Management in prudent financial stewardship and accountability
- Principles of Corporate Governance Reporting and Disclosures
- Effective Delegation by the Board and Senior Management: From Control to Empowerment
- Essentials of Good Governance: Striking a balance between the Board and the CEO’s Mandate
- Key considerations in managing shareholder involvement in the business: Effective principles of role separation
- IT Governance: The Role of the Board and Management in the technology agenda and IT transformation
- Setting up effective internal controls that enhance organizational ethics and integrity
- Risk Governance: Critical Risk Management infrastructure for effective organization-wide risk monitoring and reporting
- Organisational Culture: Effective tone at the top in setting the right culture
- Effective governance principles on sustainability and climate change agenda
- Role of Accountants as change agents in the realisation of the Leadership, Ethical and Integrity principles as contained in Chapter 6 of the Kenyan Constitution and Vision 2030.
The conference will be useful to:
- Board of Directors and Audit Committee Members
- CEOs, CFOs, Divisional Leaders and Senior Strategic Managers
- Enterprise Risk Management and Compliance Experts
- Internal & External Auditors
- Academicians, Industry players, Policy Makers, Industry regulators and stakeholders from both private and public sectors
CHARGES
| Details | Amount |
| Associate Members | KShs 50,000 per Delegate |
| Full Members | KShs. 60,000 per Delegate |
| Non-Member | KShs. 70,000 per Delegate |
| Accommodation | Delegates are advised to make own accommodation arrangements |
Continuous Professional Development Units
Members of ICPAK and those from other reciprocating professional bodies will earn 20 Structured CPD points upon successfully attending all 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).
Sponsorship Opportunities & Additional Information
The Annual Governance and Ethics Conference attracts over 200 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com .
Other requests for information can be channelled to us via telephone on +254 733 856 262/ 0719 074100/129 or via email to brenda.imali@icpak.com. We encourage you to regularly visit our website www.icpak.com for updates on the Conference.
Welcome
