THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
PROFESSIONAL FORUM: Corporate Governance and The Accountants’ Role
Date: 9th February 2018
VENUE: Hotel Cathey, Nakuru
TIME: 5.30pm to 7.30pm
Introduction
Sound business incorporates more than solid financial performance, successful products and operational efficiency. It begins with a commitment to high ethical standards that define the core values of an organization. To leverage on performance, organizations need to have sound corporate governance which sets the foundation for success in a landscape defined by a rapidly integrated economy with mounting competitive pressures.
Corporate governance defined means a directed and controlled system by which organizations should operate. The aim of corporate governance is to ensure that an organization is run in the interest of shareholders and other stakeholders including employees, suppliers, regulatory authorities and the society in general.
The recent past has witnessed a spate of corporate failures around the world leading to huge losses in investments running into trillion US dollars. In Kenya, the recent crisis in the banking sector and other corporates such as Kenya Airways, Mumias Sugar, Uchumi supermarket and lately retail giant Nakumatt have all been blamed on poor corporate governance.
Corporate governance decisions are largely based or influenced by financial information/statements. This is where the accountant is tagged in – it is the accountants that are involved in the preparation and reporting of the financial statements. The vital questions that emerges is – ‘is the accountants to blame for these corporate failures?’
To dialogue on this topical issue, ICPAK has organized this forum to explore the roles accountants play in enhancing good corporate governance and ethical practices in an organization, as well as interact with colleagues and peers in the field.
Areas to be covered
At the end of the forum, you will be able to understand more on but not limited to:
- Corporate governance defined in the corporate circles
- Historical development of corporate governance
- Corporate governance mechanisms in Kenya
- Global and local case studies of failed corporations
- The relationship between corporate governance and accounting
- The role of the accountant in enhancing good corporate governance and ethics
Target Audience:
This forum will be beneficial to: Associate members, Young professionals, Accountants, Finance professionals, Practicing Members, Accountants in Academia and Professionals in Financial reporting roles.
Online Booking
Kindly note that booking for the Evening Talk 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. Delegates are urged to note that the bookings close on 2nd February 2018 at 1700 hrs
Charges:
The charges for this event are as below:
Category Cost
Associate Members 1,500
Members 2,000
Non-Members 2,500
Continuous Professional Development Units
Members of ICPAK and other reciprocating professional bodies will earn 3 CPD Hours upon successfully attending the event.
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 Professional Forum attracts over 100 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Companies interested in sponsoring the event can reach us through raphael.nguli@icpak.com
Further requests for this Forum can be channelled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to memberservices@icpak.com. We encourage you to regularly visit our website www.icpak.com for more updates
