Institute of Certified Public Accountants of Kenya (ICPAK)

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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. The Act prescribes the following as the functions of the Institute: (a) promote standards of professional competence and practice amongst members of the Institute; (b) promote research into the subjects of accountancy and finance and related matters, and the publication of books, periodicals, journals and articles in connection therewith; (c) promote the international recognition of the Institute; (d) advise the Examinations Board on matters relating to examinations standards and policies; (e) advise the Minister on matters relating to financial accountability in all sectors of the economy; (f) carry out any other functions prescribed for it under any of the other provisions of this Act or any other written law; (fa) prescribe the remuneration order for the accountancy profession with the approval of the Cabinet Secretary responsible for finance; and (g) do anything incidental or conducive to the performance of any of the preceeding functions.