THE 5TH ANNUAL BOARD TRAINING 2024

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

THE 5TH ANNUAL BOARD TRAINING
Theme: Harnessing Competitive Advantage through Sound Corporate Governance and Ethics
Date: 19TH – 23RD AUGUST 2024
Venue: SAROVA WHITESANDS BEACH HOTEL & SPA, MOMBASA
Time: 09.00am-03.30pm

Overview

Effective governance is among key challenges faced by corporate executives and boards today. Changes in society, new business models, technological advancements, black swan events, globalization and shifting economic headwinds all contribute to making it more difficult for boards to respond effectively with the right corporate governance practices. Ethical problems have increasingly been recognized as symptoms of failing corporate governance, accountability and control in organizations thus shifting the focus and making new concepts such as green governance take centre stage in boards. The concept of corporate governance has been evolving over time. Traditionally, the concept refers to corporate decision making and control, mainly on the structure of the board and its working procedures.

However, good business practices encompass more than just solid financial performance, successful products, and operational efficiency. It begins with a commitment to high ethical standards that define the core values of an organization. Following the letter and spirit of a code of ethics is a core responsibility for organizations that envision success and competitive prowess. To leverage on performance, it behoves organizations to have sound corporate governance which sets the foundation for success in a landscape defined by a rapidly integrated economy with mounting competitive pressures. 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. It is in this consideration that ICPAK has planned a 5-day board training with specific emphasis on the following areas:

• Keeping the Board Relevant: The Good, Bad and the Ugly in Board Evaluation.
• Ethical & Governance Dilemmas in Family-Owned Business – Case Studies & Way Forward.
• Role Simulation: How to Conduct Effective Board Meetings.
• Practical Session: Financial Literacy for Board Members – Points of Focus on Financial Statements.
• Case Study: Built to Adapt – Review of Successful Boards, how they have done it and key lessons.
• Wisdom for the Chair- Managing Board Dynamics for Collegiality.
• The Board & Sustainability Agenda
• The Board, Domineering CEO and handling Undue Influence
• Media Scrutiny – Essential Media Skills required by the Board.
• Developing Cultural Intelligence for Board Members.
• Boards of the Future – Their Outlook, Essential Skills Required and Key Metrics.

Professional Development Units (CPD Units):

Members of ICPAK and reciprocating professional bodies will be awarded 20 CPD Units upon successfully attending each of the training sessions.

Target Audience:

The training will be beneficial to Board Members, Board Chairpersons, Board Committee Members and Committee Chairpersons, Board Secretaries, CEOs, Senior Management, Aspiring Board Members, Business Owners, and Entrepreneurs,

Financial Commitment:

Note: Delegates are required to make their own travel and accommodation arrangements. Symposium charges cater for training fee, training materials, certificate and meals during the event.

Online Booking:

We call on Conference participants to note that booking is available only online at www.icpak.com/events.

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)

Partnership Opportunities
The training 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. For more information or enquiries please email raphael.nguli@icpak.com.

Further requests can be channeled to us via telephone calls on +254 719 074 100,  or via email to Fredrick Otwori  at fredrick.otwori@icpak.com, or  with a copy to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.