PRACTICAL ETHICS & COMPLIANCE SEMINAR (MANDATORY TRAINING)

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

PRACTICAL ETHICS & COMPLIANCE SEMINAR (MANDATORY TRAINING)
Theme: Ethical considerations for the professional accountants
Date: 8th to 12th April 2024
VENUE: Travellers Beach Hotel & Club Mombasa
TIME: 09:00am-03.30pm
This is one of the mandatory trainings for practicing certificate consideration.

OVERVIEW

All professionals are expected to conduct themselves in an ethical manner as they undertake various engagements.  It is said that ethics is about having standards of behaviour and ‘doing the right thing’. This means that an ethical business will act in a socially responsible way, doing what is right even if it is not required to do so by legislation or regulation, and regardless of the impact it might have on profits.

This view also applies to professionals in all spheres of work. Professional ethics apply in this case, and it is critical to note that professional ethics entail principles that govern the behaviour of a person or group. Professionals are required to practice reasonable, responsible, and transparent behavior that consciously avoids harmful actions by embodying high ethical standards.

Consequently, even the properly regulated professional organizations globally develop a set of ethical standards which their members are expected to abide by. This is because of the underlying consideration that all professions raise ethical issues, so the need for professional ethics and their practical application for their members who are in practice.

It is against this backdrop that the Institute has organized a five-day forum to explore the ethical considerations which are practically applicable in the workplace and as expected professionally.

Topics
i. Understanding the Code of Ethics for Professional Accountants
ii. The ethics vs integrity debate, which one matters?
iii. Important ethical requirements that professional accountants should keep in mind:
• Responsibilities
• The Public Interest
• Integrity
• Objectivity and Independence
• Due Care
• Scope and Nature of Services
iv. Strengthening internal controls to combat unethical behavior and corruption
v. The corruption challenge in Kenya and ethical perspectives
vi. Lessons from the EACC on ethics for professionals and the fight against corruption
vii. Personal values and ethical conduct for the professional accountant
viii. Professional misconduct and the ethical link – insights from the Disciplinary Committee
ix. Challenges in compliance with the Ethical Code of Ethics for Accountants
x. Ethics and the governance challenge in Kenya – role of the Board in cultivating ethical culture in the organisation
xi. The role of external auditors in reinforcing ethics in the organisation
xii. The regulators role in enforcing ethics for regulated entities – lessons from the financial services regulators (CBK, CMA, SASRA & RBA)

TARGET AUDIENCE

Members of Boards in public and private corporations, Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia, current and potential members of ICPAK, members of other professional associations.

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS
Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all conference sessions.

Financial Commitment:

Note: Delegates are required to make their own travel and accommodation arrangements. Seminar charges cater for training fee, training materials, certificate and meals during the event.

Online Booking:

We call on Conference participants to note that booking is available only online at www.icpak.com/events.

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)

PARTNERSHIP OPPORTUNITIES
The training presents a perfect opportunity for organizations to showcase their products & services to a target group with high purchasing powers, both on personal and corporate levels. You will also have a unique opportunity for brand positioning and communication that will enjoy optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. For more information or enquiries please email raphael.nguli@icpak.com.

Further requests can be channeled to us via telephone calls on, +254 719 074 100,  or via email to Andrew Kavoo  at andrew.kavoo@icpak.comwith a copy to marketing@icpak.com

We encourage members to regularly visit our website https://www.icpak.com for updates.