The Public Sector Accounting Standards Board (PSASB) is reviewing the existing annual financial reporting templates and invites all stakeholders to provide comments.
The annual financial reporting templates are designed to provide a standardized framework for financial reporting across all public sector entities. The templates aim to standardize reporting processes, improve the accuracy of financial information, and enhance compliance with the Public Finance Management Act (PFMA), 2012, and other relevant reporting requirements. Stakeholder engagement is a key part of the template development and review process.
PSASB stakeholders, including preparers of financial statements, auditors, professional bodies, civil society organizations, and members of the public with an interest in public sector financial management, are invited to review the templates and provide feedback. The input will be reviewed and incorporated into the existing templates to improve their effectiveness across all public sector entities.
“Public participation is part of our commitment to improving financial reporting across Kenya’s public sector, enhancing transparency and accountability in the preparation of annual financial statements. Our templates are user-friendly and aligned with international best practices,” PSASB CEO, FCPA Georgina Muchai said.
The templates can be accessed and downloaded from PSASB’s official website: https://www.psasb.go.ke/financial-reporting-templates. Detailed instructions for submitting comments are provided in the official advertisement published in on Tuesday 17th February 2026 on MyGov pullout: https://www.mygov.go.ke/sites/default/files/2026-02/MyGov%20February%2017%2C%202026.pdf