The IFRS (International Financial Reporting Standards) Working Party is a specialized group within the Actuarial Society of Kenya (TASK) focused on the implementation, interpretation, and application of IFRS standards within the actuarial and financial sectors in Kenya. The group is composed of actuarial professionals and experts who bring extensive knowledge in financial reporting and actuarial science.
Role and Objectives:
Interpretation and Implementation Guidance
Research and Analysis
Education and Training
Collaboration and Stakeholder Engagement
Advocacy and Policy Development
Support for Transition and Compliance
By focusing on these areas, the IFRS Working Party plays a crucial role in helping TASK members and the Kenyan financial sector navigate the complexities of international financial reporting standards, ensuring transparency, accuracy, and consistency in financial reporting practices.
Join the IFRS Working Party