To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Financial Reporting and ESG (IFRS S1 and S2) (Nyanza Branch)
Theme: Embracing Global Sustainability Standards
Date: 17th – 18th July 2025
Time: 09.00am – 3.30pm
Venue: Dallas Hotel Kisii
Overview
In response to the demand for improved global consistency and comparability of sustainability reporting, the International Sustainability Standards Board (ISSB) issued its first two standards on 26 June 2023: IFRS S1 (General Requirements for Disclosure of Sustainability – related Financial Information) and IFRS S2 (Climate – related Disclosures). IFRS S1 outlines general requirements for disclosing material information on sustainability-related financial risks and opportunities, while IFRS S2 focuses specifically on climate-related disclosures.
These standards aim to create a comprehensive global baseline and common language for sustainability reporting, enabling comparable, consistent, and decision-useful disclosures. On 6 September 2023, the Institute of Certified Public Accountants of Kenya (ICPAK), as the country’s standard setter and accountancy regulator, announced the intention to adopt these sustainability standards in Kenya. Subsequently on 14th November 2024, ICPAK released the Roadmap for Adoption of these standards in Kenya. The roadmap can be assessed on the ICPAK website through the link: https://online.flippingbook.com/view/310392939/
The successful adoption of IFRS Sustainability Disclosure Standards in Kenya will require active involvement from key stakeholders, including professional bodies, regulators, industry associations, academia, and policy makers. ICPAK will play a key role in supporting adoption and implementation by providing targeted capacity-building sessions for preparers, offering guidance materials, toolkits, and guidelines.
It is against this backdrop that ICPAK has organized this workshop. Key topical areas to be discussed are as follows:
IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information
IFRS S2: Climate-related Disclosures
IFRS S2: GHG Emissions
Materiality Assessment
IFRS 7 – Financial Instruments: Disclosures
IFRS 13: Fair Value Measurement
Target Audience:
This seminar will be useful to all professional Accountants and those aspiring to join the profession.
Continuous Professional Development Units (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the seminar.
Financial Commitment:
The workshop charges are Kes. 10,000. Charges will cater for the seminar fees, learning materials, and e-certificates of attendance.
Online Booking:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www5.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training 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, +254 719 074 100, or via email to Martin Oriaro Imali  at martin.oriaro@www5.icpak.com with a copy to memberservices@www5.icpak.com
We encourage members to regularly visit our website https://www5.icpak.com for updates.
To develop, regulate and promote an internationally recognized accountancy profession that upholds public interest through capacity building, advocacy, innovation and sustainable practices.
