Institute of Certified Public Accountants of Kenya

Institute of Certified Public Accountants of Kenya

Abbreviation	ICPAK
Established	1978
Type	Professional Association
Professional title	Certified Public Accountant - Kenya
Headquarters	CPA Centre, Nairobi, Kenya
Region served	Kenya
Services	Accountancy
Key people	Fernandes Barasa (National Chairman) Patrick Ngumi (CEO)
Slogan	Uphold Public Interest
Website	www.icpak.com

The Institute of Certified Public Accountants of Kenya (ICPAK) is a professional body for certified public accountants (CPAs) in Kenya. ICPAK is a full member of the International Federation of Accountants and the Pan African Federation of Accounting.^[1]

Overview

The Institute of Certified Public Accountants of Kenya (ICPAK) was established in 1978 by the laws of Kenya under CAP 531^[2] to regulate the activities of all Certified Public Accountants by insuring credibility, professionalism and accountability in the accounting profession in Kenya. ICPAK members are employed across all sectors on the Kenyan economy and abroad. ICPAK has also been known for disciplining members' who act in a manner deemed unprofessional by the body. ^[3]

Membership and designation

Students who have successfully completed the Kenya Accountants and Secretaries National Examinations Board (KASNEB) CPA examination qualify to apply for ICPAK membership.^[4] Once membership is approved members can use the designatory CPA-K (Certified Public Accountant Kenya).^[5]

Governance

ICPAK is governed by a twelve-person council is chaired by Fernandes Barasa as the National Chairman and Patrick Ngumi as CEO.^[6]

KCA University

ICPAK founded Kenya College of Accountancy (KCA) in May 1989 to improve the quality of accountancy and financial management training in the country. The college applied to the Commission for Higher Education (CHE) for university status in the year 2000 and received a Letter of Interim Authority (LIA) on July 26, 2007 to operate as a university. The institution's name was thus changed to KCA University.^[7]

KCA University shares it main campus with the ICPAK headquarters and maintains satellite colleges under the School of Professional Programmes in Githunguri, Kericho, Eldoret, Kisumu and Kitengela.

References

1. "ICPAK - Who we are". ICPAK. Retrieved 2016-10-01.
2. "Institute of Certified Public Accountants of Kenya". International Federation of Accountants. Retrieved 2016-10-02.
3. "ICPAK introduces strict regulations for external auditors". Daily Nation. Nation Media Group. October 25, 2015. Retrieved October 2, 2016.
4. "KASNEB - CPA". KASNEB. Retrieved 2016-10-01.
5. "ICPAK - Membership". ICPAK. Retrieved 2016-10-02.
6. "ICPAK Council". ICPAK. Retrieved 2016-10-02.
7. "KCA University History". KCA University. Retrieved 2016-10-02.