FINANCIAL REPORTING WORKSHOP

Theme: Sustaining Confidence in Financial Reporting

1.0 Overview

Financial reports comprise a number of reports prepared in structure and format as prescribed by the Institute of Certified Public Accountants of Kenya (ICPAK). In prescribing the nature and form of financial reports ICPAK reviews International Financial Reporting Standards, International Accounting Standards and other applicable standards as adopted for use in Kenya together with local legislation and regulation as issued by Kenyan regulators.  It’s the intention of ICPAK and that of the accountancy profession to ensure comparability of financial statements hence aid investment decisions.  It is on this back ground that ICPAK has lined up the Financial Reporting workshop with the following learning outcomes;

• Learning Outcomes

Participants in the workshop will benefit from discussions on the following key areas;

1. External financial statements (Statement of Financial Position, Statement of Comprehensive Income, Statement of Cash flows and Statement of Equity – IAS 1, 2, 7, 12 and 18)
2. Notes to financial statements and other related disclosures
3. press releases and conference calls regarding quarterly earnings and related information – how should this be conducted?
4. Dissemination of interim, annual financial statements, and annual reports in newspapers and company websites (emphasis on minimum requirements)
5. Developing prospectuses for listing and rights issues – the guiding principles
6. Fire Award – Quality of Annual Reports and opportunities for improvement
7. Other disclosures including but not limited to Corporate Governance, Social Responsibility, Fraud and Corporate Citizen Reports

3.0 Target Audience  

Members of ICPAK, Certified Public Secretaries, Preparers of IFRS financial statements, Auditors, Accountants for PIE entities, Audit committee members of public and private entities, Stock brokers, Dealers, Investment Bankers, Business Consultants, Certified Investment Analysts, Investments Advisors, Lenders and members of academia in accountancy and related courses.

• Your Investment

The charges for the two-day financial reporting workshop are as follows;

Kindly note that the early bird rate applies to delegates who book and pay before 16^th June 2016. The fees cover workshop materials, teas and lunches during the event.

• Continuous Professional Development Units

 Members of ICPAK and of reciprocating professional bodies will earn 14 CPD units upon full attendance

• Online Booking

Delegates are invited to book for the above event online at www.icpak.com/events

Additional information or enquiries can be made to the seminar coordinator via email to makokha.wanjala@icpak.com