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Originally published by The Standard BusinessMay 20, 2026
3w ago
ICPAK urges accountants to restore trust in public institutions
Accountants have been asked to become public finance stewards and ensure trust and transparency is restored in auditing public institutions...
✨ Key Highlights
The Institute of Certified Public Accountants of Kenya (ICPAK) is urging accountants to play a crucial role in restoring trust and transparency in public institutions by acting as stewards of public finance.
- ICPAK Chairperson Elizabeth Kalunda emphasized that public trust is paramount, especially amidst national conversations on economic reforms, taxation, and public debt.
- Accountants are called to uphold ethical standards, ensure value-for-money auditing, promote transparent tax administration, and contribute to credible budgeting to build economic resilience.
- Kalunda noted that Kenya's economy faces pressure from rising fuel prices, electricity costs, increased taxation, and a public debt exceeding Sh11 trillion, underscoring the need for integrity and national responsibility within the accounting profession.
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