THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
Cloud Based Accounting – Implications to professional Accountants webinar
Date: 20th August 2024
Time: 04.00pm-06.00pm
Venue: Virtual Delivery
Overview
Cloud-based accounting refers to the use of accounting software and applications hosted on remote servers, accessible via the internet, rather than installed on local computers or servers. Data and software applications are stored and processed on servers run by cloud service providers.
Accounting is changing significantly as technology advances, with cloud accounting emerging as a major trend. This enables accountants to manage financial information remotely, allowing users to pursue their passions. Cloud computing enables firms to access financial data allowing accountants to handle it more effectively. This trend in work/life integration enables organizations to avoid the need for individual desktop software installation and maintenance. Despite possible dangers, they provide cost savings for acquisition and upkeep. Cloud services provide flexibility, ease of access, and simplicity when dealing with massive amounts of information.
Even while cloud-based accounting has many benefits, companies and accounting experts still need to carefully evaluate their unique requirements, take into consideration any potential drawbacks, and select reliable service providers. To fully reap the rewards of cloud-based accounting, effective implementation, training, and continuous monitoring are necessary.
The impact of cloud computing on professional accountants covers a broad range of topics which include:
- The integration of automation tools and artificial intelligence in cloud accounting.
- Cost savings associated with cloud-based accounting.
- Data security and privacy.
- Regulatory compliance and legal considerations.
- Integration with other technologies.
- Training and skill development.
Target Audience
This webinar will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending the session.
Cost:
Charges for the training will be Kes 1,000/= 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)
Further requests can be channeled to us via telephone calls on +254 719 074 100, or via email to marketing@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.
