THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
THE FINANCIAL REPORTING SEMINAR FOR COOPERATIVE SOCIETIES
19TH – 21ST JULY 2017
GREEN HILLS HOTEL, NYERI
Theme: Financial Reporting for Sustainable Cooperative Societies
Overview
The vibrant and dynamic cooperative movement in Kenya is a key player in the economy, controlling a significant per cent of Kenya’s Gross Domestic Product (GDP). The Cooperative Societies in Kenya provides employment opportunities besides creating the opportunity for people to take control of their own financial affairs. Co-operative Societies sector in Kenya play a pivotal role primarily to members by giving them affordable financial credit and investment advisory services which help in improving their economic livelihoods to combat poverty. Another paramount role and perhaps one with greater impact to the nation is the cooperatives role in mobilizing savings for eventual allocation and re-allocation in key sectors of the economy.
However, these co-operative societies suffer common problems associated with Legislation Compliance, Poor Financial Management, Leadership, Governance and Political Interference among many others.
It is in this regard that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized the Financial Reporting Seminar for Cooperative Societies which will centre on:
- Challenges of Cooperatives Societies’ Legislation and Supervision
- Structure of Financial Statements – Mkopo template and Key Audit Matters (KAM)
- Corporate Governance in the Cooperative Movement
- Savings Mobilization and Business Innovations
- Financial Reporting Excellence Award; Lessons and Experiences
- Ethics in Cooperative Management
- Financial Statements Analysis in Cooperatives
- HR Best Practices in Cooperative Societies
Target Audience:
The Financial Management Seminar is useful for the Ministry of Cooperatives Officials, Compliance Officers of SASRA, Cooperatives Board & Management Committee Members, Chief Executive Officers, General Managers, Heads of Finance and Audit in the cooperatives sector. Auditors and members from business schools will find the presentations very useful to their operations and knowledge advancement respectively.
Continuous Professional Development Units
Members of ICPAK and other reciprocating professional bodies will earn 20 CPD points upon successfully attending the Internal Audit Conference
Conference Charges:
The charges for the upcoming Financial Management Seminar for Cooperative Societies are as provided below:
| Category | Early Bird Registration
Booked & Paid Before 8th July 2017 Kshs. |
Normal Registration
Booking & LPOs /LSOs received after 8th July 2017 Kshs. |
| Associate Members | 25,950 | 28,950 |
| Members | 36, 950 | 40,950 |
| Non-Members | 40,950 | 46,950 |
| International Delegates | 400 USDs | 450USDs |
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).
Sponsorship Opportunities & Additional Information
The Financial Reporting Seminar for Cooperative Societies attracts participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring this event can reach us through raphael.nguli@icpak.com. Other requests for information can be channeled to us via telephone on +254 733 856 262/ 727531006/ 733856262/ 721469169 or via email to memberservices@icpak.com. We encourage you to regularly visit our website www.icpak.com for updates on the Conference
Welcome!!!
