Theme: “Fostering Compliance to International Standards to Enhance Transparency, Comparability & Accountability”.
CALL FOR ENTRIES 2025
The Public Sector Accounting Standards Board (PSASB) is mandated by sections 194 of the PFM Act, 2012 to prescribe frameworks and set generally accepted standards for the development and management of accounting and financial systems by all State organs and public entities. The Board mainstreams best practices for good governance, internal controls, and risk management.
The PFM Act 2012 section 194 subsection (4) mandates the Public Sector Accounting Standards Board to monitor the adherence to the standards by all State organs and public entities. In an effort to achieve this mandate, PSASB partnered with other regulators namely, The Institute of Certified Public Accountants of Kenya (ICPAK), The Capital Markets Authority (CMA), The Nairobi Securities Exchange (NSE) and The Retirement Benefits Authority (RBA) to jointly promote Financial Reporting Award (FiRe).
SUBMISSION OF ENTRIES
Following the Launch of FiRe Award 2025 on 1st August 2025, the Public Sector Accounting Standards Board is calling on State organs and public sector entities to participate by submitting a soft copy version of their Annual Report and Audited Financial Statements for the financial year 2023/2024 and completing the participant’s entry form, which can be accessed on the PSASB website: www.psasb.go.ke. The FiRe Award 2024 entries’ submission deadline is Monday, 22nd September 2025.
PARTICIPANTS ENTRY FORM
The annual reports and financial statements can be addressed to:
The Chief Executive Officer
Public Sector Accounting Standards Board
CPA Centre, 8th Floor, Thika Road. Ruaraka
P.O. Box 38831-00100
email: acctstandards@psasb.go.ke copy to fireaward@icpak.com
The Conference and Gala Dinner:
The 2025 Excellence in Financial Reporting (FiRe) Award Conference, Gala Dinner, and Award Ceremony will be held on December 4th and 5th, 2025