Overview
In order to enforce transparency and accountability, SACCOs in Kenya are exposed to various legal and professional compliance requirements. All the players in this sector must clearly understand the financial reporting requirements according to the International Financial Reporting Standards (IFRSs) and the regulatory requirements from SACCO Societies Regulatory Authority (SASRA). With the convergence of these requirements, the management of SACCOs cannot fail to undergo through continuous development and empowerment aimed at sustaining growth while enforcing compliance as per the prevailing regulatory obligations.
ICPAK has organized this 2 days workshop to provide the delegates with expert knowledge on the practical challenges affecting SACCOs in Kenya and guidance on compliance with both the regulatory and reporting requirements.
Learning outcomes:
By the end of the workshop participants will be able to:
- Understand challenging IFRSs relating to SACCOs.
- Appreciate and prepare SASRA regulatory reports.
- Appreciate compliance challenges and way forward.
- Understand how to assimilate the auditors’ reports.
Target Audience:
Finance Managers & Internal Auditors in SACCOs; Practicing Auditors, Accountants from SACCOs; Finance consultants and any persons seeking knowledge in SACCO financial reporting matters.
The workshop will be held on Wednesday and Thursday, 23rd – 24th March 2016 at Royal Court Hotel in Mombasa, from 8.30am -4.00 pm.. Charges are Kshs. 8,950 and Kshs. 10, 950 for ICPAK members and non members respectively. Associate members will pay Kshs. 6,950. 14 CPD Hours will be awarded to members in attendance.
