ICPAK congratulates the IAASB for issuing the new International Standard on Auditing of Less Complex Entities (ISA for LCE) which was issued in December 2023.
The new standard is tailored to meet the specific audit needs of smaller and less complex businesses and organizations. It is a pioneering standard and marks a significant milestone addressing the unique needs of audits of smaller and less complex businesses. Get more information here https://t.co/tLaAkDNTIN
" Weak corporate governance sits behind many of the failures in financial reporting which have seen some of Kenya’s largest companies experience financial difficulty." FCPA George Mokua ICPAK Chairman
@gomokua#AnnualSemAt40#ICPAKAnnualSem40
The National Government will be conducting Public Hearings on the proposed FY 2023/24 & Medium Term period Budget at KICC from 11 to 13th January 2023.
@KeTreasury CS Prof. Njuguna Ndung'u & Chairman, Budget & Appropriations Committee Chair Hon. Ndindi Nyoro will be attending.
The budget calendar is a cyclic process all year round. As the year 2023 continues unfolding, the key budget processes to look out for are;
1. Sector hearing both at the National and County Level.
2. Publishing and approval of budget estimates for the FY 2023/2024
Public Notice - call for proposals on tax measures
@KeTreasury has begun the process of preparing the FY 2023/24 National Budget in compliance with the provisions of the Public Finance Management Act (PFM) 2012 and the Constitution.
The @IFR4NPO project outlines the first financial reporting guidelines for non-profit organisations that are globally applicable.
We are pleased to share that INPAG is the new name for this guidance being developed.
Find out more: https://t.co/Wde2oOI5oU
@humentum_org#INPAG
The Audit Process is clear. It is not about balancing of figures. It is not about 2+2 being 4. It is about, what did that 4 do~The Auditor-General, CPA Nancy Gathungu, CBS, during Editors' meeting and launch of #KiswahiliAuditReport in Nairobi.
#EnhancingAccountability
Congratulations on your admission! We look forward to welcoming you to our community this Friday at KCA University, Main Campus. This is the beginning of your new chapter and adventure in life. #NoLimitsAnywhere
Over 30,000 cooked meals were provided to flood-affected Pakistanis over the weekend, alhamdulillah.
Families staying in schools and masjids were fed thanks to you.
Help reach more children https://t.co/nedKh9jY9n
#PakistanFloods
We have noted with concern an announcement of career opportunities at KCB Group. We would like to urge the public to disregard the communication. All KCB Group opportunities are detailed here https://t.co/iWVMLLUOd3. Kindly remain vigilant.
Calling for contributions for the inaugural Forum for Global Challenges, happening in Birmingham and online from 3 May 2022.
F4GC is set to be the melting pot for academics, policy makers, practitioners, business leaders and industry representatives.
Finally, among other measures, gradual reduction of tax rates and even distribution of tax bands to ease the tax burden will be crucial. As more and more individuals are added to the base, gradual reduction of the tax rates will do magic to increased collection.