The Institute of Certified Public Accountants of Kenya (ICPAK) has been challenged to strengthen its disciplinary mechanisms and take action against members linked to questionable public financial transactions.
The challenge follows concerns that some accountants could be facilitating corruption through irregular financial reporting, procurement fraud and concealment of misuse of public funds. ICPAK has also been urged to investigate allegations against its members, enforce professional standards and ensure due process before taking disciplinary action. The call was made during the institute's 43rd annual seminar in Mombasa, which focused on trust, ethics and accountability.
