Category: Latest News & Events
Strengthening Internal Audit Functions in County Governments
In an initiative aimed at enhancing the internal audit functions within County Governments, the Public Sector Accounting Standard Board (PSASB), in collaboration with officials from the County Governments, is developing county audit programs that will enhance the efficiency and efficacy of Internal Auditors working in the County Governments. A recent diagnostic review conducted across 27 […]
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Institute of Internal Auditors Releases The New Global Internal Audit Standards
The Institute of Internal Auditors has released new standards, the Global Internal Audit Standards, which will come into effect on January 9, 2025. The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, will remain approved for use during a one-year transition period. Early adoption of the new standards […]
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The Financial Reporting (FiRe) Award Ceremony 2023
The Financial Reporting (FiRe) Award Ceremony 2023. This year’s theme is “utilising technology and innovation to enhance transparency of sustainability, governance and financial information”. Congratulations to all the winners. The award ceremony was held on 08th December 2023 at the Safari Park Hotel, Nairobi. Click to view the Ceremony Photo Gallery
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PSASB and IIA Partner to Support Internal Auditors in the Public Sector
Public Sector Accounting Standards Board (PSASB) CEO FCPA Fredrick Riaga exchange MoU with Institute of Internal Auditors (IIAKenya) CEO CPA Joyce Omina. The MoU sets out a framework for organizations to explore opportunities for collaboration on mutual benefits
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Launch of Financial Reporting Awards, The FIReawards 2023
The Financial Reporting Awards #FIReawards2023 has encouraged both the public and private sectors in the country to adopt disclosure of non-financial information since it is necessary for the sustainability of businesses. The five promoters of the #FIReawards2023 include The Public Sector Accounting Standards Board (PSASB), Institute of Certified Public Accountants of Kenya (ICPAK), The Nairobi Securities Exchange (NSE), Capital Markets […]
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PSASB stakeholder engagement with the Prime Cabinet Secretary
Public Sector Accounting Standards Board (PSASB) during a stakeholder engagement with the Prime Cabinet Secretary H.E. Dr. Hon Musalia Mudavadi in Nairobi on July 24, 2023. PSASB is mandated with prescribing Accounting Standards, Internal Auditing Standards and Risk Management Frameworks in the Public Sector in Kenya.
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