THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
NPO CONFERENCE
THEME: NPO SECTOR COMPLIANCE FOR ACCOUNTABILITY AND TRANSPARENCY
DATE: 1ST -5TH AUGUST 2022
TIME: 9:00AM – 3:30PM
VENUE: SAROVA WHITESANDS, MOMBASA
OVERVIEW
The Institute aims to improve the quality of general-purpose financial reporting by all not-for-profit organizations to ensure that there is better informed assessments of resource allocation and utilization decisions, thereby enhancing transparency and accountability. Non-Governmental Organizations (NGOs) or Not for Profit Organizations as they are commonly known are organizations are known to support and act on various causes. These causes differ based on the focus areas NGOs have. The likelihood of NGOs having the same focus area may be high, but their mission and vision, alongside their reasons for operating, will differ. Generally, NGOs are focused on giving aid and support for further development, regardless of the themes set out. However, they face several challenges and risks which they are not always prepared for hence the need to plan on how to manage the various risks which may be encountered.
The NPO Conference will be a peer-driven educational and learning forum centered on key themes addressing the current and future challenges and opportunities in managing donor funded programs. The conference aims to equip participants with current trends in financial management, grants management, regulation, accounting, risk and leadership. Delegates will learn and share experiences with thought leaders in the NPO space in Kenya and in the region.
This virtual yet highly interactive seminar will give the participants an opportunity to learn some of the latest development in financial reporting and get details on the new reporting standards under the different financial reporting frameworks that are relevant to the NPO sector and grants management.
Objectives of the Training
The specific training objectives will be:-
- To improve the quality of financial information disclosed by NPOs for increased accountability.
- Linkage between donor reporting and IFRS compliant financial statements; International Financial Reporting – IFR 4 NPO
- Compliance with tax laws and taxation requirements for NPOs
- Overview of compliance requirements of the NGOs Coordination Board;
- Sustainability of NPOs in light of declining donor funding. Fundraising/resource mobilization for NPOs.
- Politics and power in NPOs – Navigating the dynamics and providing an efficient and effective support in a politically charged environment.
- Governance, Risk Management and Compliance
- The role and responsibilities of the board, management and the auditor in financial reports
- Global Governance and the Rise of NGOs; The Accountability Paradox
- Value-For-Money policies for NPOs.
- AML in NGO
- Overview of the different types of grants & Introductions to grant Management Cycles
- Effective contracting and contract amendments
- Sustainability of NPOs considering declining donor funding. Fundraising/resource mobilization for NPOs.
- Politics and power in NPOs – Navigating the dynamics and providing an efficient and effective support in a politically charged environment.
- Budget Management, Costing & Fundraising
- Implementation of best practice donor reporting
- Best practices to preventing, detecting and deterring fraud in NPOs.
- Implementing effective Internal Control Systems
- Audits & closing out projects
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending each of the sessions.
Target Audience:
Accounting and finance professionals, finance managers, program accountants, finance directors, grants officers and managers, senior operations staff, auditors and compliance officers, project managers, personnel of humanitarian/development organizations, non-finance professionals with interest in Not-for-profit organizations, consultants and auditors serving not-for-profit entities. The audience is drawn from Foundations, NGOs, Trusts, Academia, Country Governments, Government entities. Faith based organizations, Charities and NGO regulatory bodies.
Cost:
Charges for the training will be Kes 59,000/= which will cover workshop fees, materials, and e-certificates of attendance.
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. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
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)