When was ICPAK formed?
1978
The Institute of Certified Public Accountants of Kenya (ICPAK) was established in 1978. The Institute is a member of the Pan-African Federation of Accountants (PAFA) and the International Federation of Accountants (IFAC), the global umbrella body for the accountancy profession.
Who owns ICPAK?
ICPAK is a full member of the International Federation of Accountants and the Pan African Federation of Accounting….Institute of Certified Public Accountants of Kenya.
| Abbreviation | ICPAK |
|---|---|
| Services | Accountancy |
| Key people | Julius Waita Mwatu (National Chairman) Edwin Makori (Ag. CEO) |
| Website |
What is the role of ICPAK?
It was established in 1978 by the laws of Kenya under CAP 531. Since then, ICPAK has been dedicated to development and regulation of the accountancy profession in Kenya that upholds the public interest and enhances its contribution and that of its members to national economic growth and development.
Who regulates accounting in Kenya?
The ICPAK
The ICPAK is the professional organization that regulates the activities of all Certified Public Accountants in Kenya.
What is Icpak member?
ICPAK is a regionally and globally recognized accounting body with membership to the following; International Federation of Accountants (IFAC) East Africa Community Institutes of Accountants (EACIA)
Who is an accountant in Kenya?
An Accountant is a professional trained in the management of financial records or accounts. These professionals are tasked with recording, verification, interpretation and analysis of financial information within businesses of all sizes.
When did Kenya adopt IFRS?
1999
Kenya adopted IFRS, and then referred to as International Accounting Standards (IAS), in 1999 through a resolution by the Council of the Institute of Certified Public Accountants of Kenya (ICPAK), the legally mandated accounting institute in Kenya.
What does it mean to be in good standing as a member of Icpak?
As a member of the Institute one is required to meet the following requirements in order to be in good standing; Pay annual subscriptions as required. Attain a minimum of not less than 40 hours in Continuous Programs of Education (CPD); Click here to find out about CPD. Must not be involved in any disciplinary issues.
Is TSC a professional body?
The KUPPET Chair added that TSC should not overstep its mandate as an employer to become a professional body that dictates standards and quality of persons who are supposed to join the profession.
How do I pay Icpak via mpesa?
1. MPESA Payment: MPESA Business No: 722722: Account No: (your invoice no.) If you have already paid, please send your payment advice to [email protected] with a copy to [email protected] indicating your full name, invoice number and ID number.
How much does it cost to register with Icpak?
Application fee Kshs. 10,000 payable to ICPAK.
