INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under Accountants Act, Laws of Kenya)
IFMIS Open Forum: Half Day Virtual Seminar
Date: 8th June 2021
Time: 2.00pm -6.00pm
Venue /Platform: Zoom
OVERVIEW
Public procurement in Kenya has undergone significant development. In the 1960s, the system did not have regulations however this changed in the 1970s, 1980s and 1990s led by the National Treasury . Today, new public procurement standards lead the way premised on Public Procurement and Disposal Act of 2005 and Procurement Regulation of 2006 that created Public Procurement Oversight Authority (PPOA). A notable transformation commenced in 2003 when the government introduced the Integrated Financial Management Information System (IFMIS) as a Public Finance Management (PFM) reform initiative to automate and streamline Government financial management processes and procedures. IFMIS is an automated system that enhances efficiency in planning, budgeting ,procurement ,expenditure manat8Procure to Pay (P2P) is a major component of the IFMIS system. Its aim is to provide an efficient and streamlined procurement and payment system by fully automating the procurement and payment process which has led to increased accountability and transparency.
Some of the key procurement functionalities configured in the IFMIS Procure to Pay system are: Procurement Planning; Supplier Management; Requisition Management; Quotation Management; Purchase Order (PO) Management; Receipt Management; Invoicing and Payments Management; Inventory Management; Contract Management; Reconciliations and Period End Close.
The Institute has organized this open forum to enable stakeholders in the public and private sector to engage and get more understanding of IFMIS as well as address user inquiries .
Objectives;
The specific objectives of the forum be as follows:
• To enlighten stakeholders the various functionalities in IFMIS
• To address questions from stakeholders on IFMIS
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 4 Structured CPD Units upon successfully completion of the Webinar.
TARGET AUDIENCE
This seminar will be most beneficial to delegates drawn from both the public and private sectors particularly; Heads of Department, Budget Controllers/Directors, Budget Officers/Supervisors in ministries, departments and agencies, and County Government budget and appropriation committee members, Budget Analysts/Consultants.
FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 3,500. Charges will cater for online video access fees, learning materials, and e-certificates of attendance.
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking. We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
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)
Further requests can be channeled to us via telephone calls on +254 719 074 100 or via email: Brenda Imali at brenda.imali@icpak.com
We encourage members to regularly visit our website www.icpak.com/events for updates
