THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Enhancement of Compliance from Reviews Webinar
Theme: Instilling of best practices compliance culture for practitioners
Date: 18th November 2021
Time: 4.00pm – 6.00pm
Venue: Online
(This is one of the mandatory trainings for practicing license consideration)
OVERVIEW
Users of audited financial statements place a lot of reliance on the information contained in these reports for purposes of decision making among other applications.
Thus, the need for high-quality, accurate, and reliable financial reports continues to be of great relevance even during this time of the COVID-19 pandemic. The Institute aims at ensuring that the accuracy of these reports is maintained for all the sectors of the economy to enable enhanced confidence of the different categories of users.
It is equally critical that the users of the financial statements and annual reports obtain the relevant information to aid in decision making. The audit and assurance procedures which result into the audit report must therefore be reliable and compliant with the International Auditing and Assurance Standards.
In compliance with the International Federation of Accountants (IFAC) Statements of Membership Obligations (SMOs), the Institute undertakes its regulatory mandate and oversight of the audit firms in the Kenyan market to ensure adherence to audit quality requirements by the firms which it regulates. It is against this background that the Institute seeks to enhance the compliance of practitioners in line with the compliance requirement of IFAC.
The Institute will host a Webinar which will focus on enhancing of compliance review through:
• Providing guidance towards compliance with auditing and assurance frameworks
• Retooling the audit and assurance staff to ensure compliant and quality audits
• Feedback from the regulator to enhance the compliance levels of the reviewed firms
• Automation and leveraging of technology to improve the audit quality and compliance by Firms
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successfully completion of the Webinar.
FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 1,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/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.
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 +254 719 074 000, (+254) 733 856262 or via email to onlinelearning@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.
