Institute of Certified Public Accountants of Kenya (ICPAK)

ICPAK stands for the Institute of Certified Public Accountants of Kenya, the umbrella body that coordinates activities of qualified and registered Certified Public Accountants (CPAs) in Kenya.

Its mandate includes:
Setting and enforcing standards of professional practice including accounting, auditing and ethical standards.
Enforcing a programme of quality assurance for the audit profession.
Monitoring ethical behavior and adjudicating over cases involving indiscipline through a Statutory Disciplinary Committee.
Providing for the maintenance of competence by updating members' knowledge through publications and the conduct of Continuing Professional Education.
Providing solutions through which training of accountants can be improved. For this purpose, ICPAK established the Kenya College of Accountancy (KCA), which is a leading trainer in accountancy in Kenya.
We also act as the profession's mouthpiece in Kenya and in this respect hold membership in international accountancy organizations including:
International Federation of Accountants (IFAC)
Eastern, Central and Southern African Federation of Accountants (ECSAFA)
ICPAK is run through a Council of 11 members, of whom 10 are elected and 1 is appointed by the Minister for Finance.

Our Vision
To be the leading accountancy institute in Africa providing world-class professional service.
 
Our Mission
To develop sustainable institutional capacity to support the competence and integrity of our members to enhance the contribution of the accountancy profession globally.
 
Our Values
We value:
Our People
Integrity
Professionalism
Quality service delivery
Continuous learning.
 
Our Objectives
We are guided by the following objectives:
  • The advancement of accountancy as the pre-eminent language of business.
  • Maintain professional competence of our members through relevant training.
  • Maintaining high standards of practice and professional conduct.
  • Setting high standards for entry into and retention of membership.
  • Promoting high standards for pre-qualification training and education.
  • Extending knowledge and application of accountancy through research.
  • Enforcement of discipline among our members.
  • Promoting the public understanding and appreciation of accountancy.
  • Effectively participating in the formulation of policies by the government and regulatory agencies.
  • Enhancing the international reputation of the Kenyan CPA qualification.
  • Helping to create environments in which our members achieve their professional and business ambitions.
  • Building a strong resource base capable of supporting planned programmes.

Our national contribution

ICPAK contributes to roles in national objectives in the following ways:

  • Public Finance Management- making recommendations to the Government and Parliament on public finance matters including taxation measures and improvement in expenditure management.
  • Regulatory linkages - working closely with regulators to promote good corporate governance with particular reference to the integrity of the audit process.  As part of this, ICPAK is represented in decision-making organs of various regulatory institutions.
  • Financial reporting and disclosure - ensuring that financial disclosure standards in Kenya meet internationally recognized benchmarks. 
  • Among other things, ICPAK established the Financial Reporting (FiRe) Award for Excellence, an annual competition that showcases best practice disclosures among Kenyan companies.  The FiRe Award competition is presently promoted jointly with the Capital Markets Authority and the Nairobi Stock Exchange. It is now the leading competition in Kenya in this regard
 
Contacts
P.O BOX 59963-00200, CPA Center, Ruaraka , Thika road. Nairobi, Kenya
Telephone: (+254-20) 2304226/7, 8068570/1
Mobile: 0727531006 / 0733856262 / 0721469169 /0721469796
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Marketing Department
CPA Centre, Thika Road, Nairobi
Tel: (20) 8562011, 8562016,
Fax: (20) 8562206
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: http://www.icpak.com
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