CPA Susan Khakasa

RE-ELECTION
FOR ICPAK
COUNCIL MEMBER
2017-2020
CPA SUSAN KHAKASA OYATSI
Master of Business Administration (MBA)
University of Nairobi
Bachelor of Education
Kenyatta University
cpa (k)
ICPAK Registration Number: 5517
Date of Registration: 2008
Position Nominated for: COUNCIL
[email protected]
+254722343212
+254733759065
Dear Fellow CPAs and FCPAs
Thank you very much for the opportunity you gave me to serve as
your Council Member for the past three years. It is with humility and
meekness that I express my desire and interest to serve on the
Council for a second term.
PROFILE
I am the Acting Director of Finance in the Judiciary; before joining the
Judiciary in 2014 I served as Chief Accountant at the Energy Regulatory
Commission and as a Management Accountant with Heritage Insurance
Company Limited. I possess extensive professional experience in Financial
Management and Information Communication Technology (ICT) gained in
both the public and private sectors
I am also a Member of ISACA and a trained Director of Corporate
Governance.
I have served as Council Member of the Association of Women Accountants
of Kenya (AWAK) where I was convener of a subcommittee responsible for
Recruitment, Mentorship and Monitoring of academic performance and fund
raising for the Needy Girl Child. I am and will continue to be passionate about
inculcating and sustaining the culture of integrity, accountability and
honesty at my work place, in the accounting profession, and beyond. I enjoy
offering services to people from diverse backgrounds and considers myself
socially dynamic, agile, outgoing and with an ebullient personality. Over the
years, my demeanor has facilitated my easy interaction with many
professionals and members of the public at large.
I am happily married to Dr. Donald Oyatsi a Consultant in Child Neurology
and Lecturer School of Medicine at the University of Nairobi. We are blessed
with two sons and two daughters.
Involvement in
Institute Activities
SCORE CARD
Improved the corporate Governance environment in Kenya
·
Establishment of Mandatory Independent Board Audit Committee for Public
Institutions.
·
Signing of MOU with the ofce of the Auditor General on outsourcing of Audit
Work in the Public sector.
·
FiRe Awards in the Public Sector
·
MOU with council of Governors and NGO Co-ordinations Board.
Protecting Accountants who stand rm against corruption
·
Draft Whistle Blowing Policy ready for Validation
by Stakeholders
Recognition of the CPA brand and Visibility of the Institute
·
Supported and passionately encouraged Branches and Devolution.
.
Internationally, MOUs with ACCA, South Africa Institute of Certied
Chartered Accountants (SAICA), ICAEW
.
Opening of South African and UK chapters
Recruitment of New members
·
Introduced a 50% discount joining fess to enhance recruitment of members.
Numbers grew from 13,500 to 20,000
youngfees
accountants
(18-35yrs) category
·The underutilized
Reduced subscriptions
for Senior Citizens
·
Establishment of Trainee Accountancy Practical Experience Framework
ICPAK internship programs (TAPET)
·
Youth and Students Affairs Committee created to cater for the welfare,
mentorship and continuing learning of young accountants.
·
Mentoring of prospective and young accountants, e.g in Lamu County, 5
Schools at Kabarak 2015 plus Mukumu Girls
·
Encouraged Internship in the Judiciary
Transfer of wealth of experience
·
Establishment of a Benevolent Fund to cater for members in the event of
death
·
Programmes introduced which are geared towards Enhanced Capacity
Building Opportunities to specic membership and continued review of CPD
calendars and events for needs of members in all segmented areas.
·
By encouraging devolution the Accountancy services through branches has
helped to get rid of rogue accountants and enhancing Fiscal Disciple in
Financial Reporting.
SUITABILITY FOR COUNCIL ELECTION
REASONS FOR SEEKING
RE-ELECTION
I have represented the Institute in several events both locally and internationally.
I was a Member of the Public Policy and Governance Committee and Professional
Standards of the Institute in 2014.
Currently I am the Convener of Public Sector Committee.
Advocate for Multiple Licenses
Will aggressively push for the amendments of the Accountants Act with speed to
allow for multiple licenses that will open up business at different levels of the
profession, i.e. Book-keeping services, Tax consultants, Business valuation
licenses, Forensic Audits, Receiverships and liquidation business advisory etc.
Focus on Members Welfare
If re-elected, together with Public Sector Committee I will continue to engage with
the various stakeholders e.g SRC, Public Service Commission, with a view to
addressing issue of payment of non-practicing allowance, and seek to enhance
sitting allowance for members of Board Audit Committees in the recently
advertised Audit Committees in the Public Sector.
Branch Enhancement and Empowerment
I will spearhead the establishment of physical branch contact ofce for the eight
remaining branches based on a devolved structure in line with the Constitution of
Kenya 2010.
Enhance the Whistle Blowing Mechanism
I will advocate for ICPAK to acquire a special protective unanimous reporting
platform (Software) in order to protect whistle blowers both in the private and
Public Sector, as part of fulllment of my campaign pledge to protect witnesses
and preserve evidence of any white collar criminal activities within the
profession.
Advocate for Strategic Partnership
I will strive to encourage ICPAK to form strategic partnerships with likeminded
professional bodies such as the Law Society of Kenya (LSK), ICPS, KMA. It is my
hope that such strategic relationships and institutional linkages will boost
ICPAK's prole and benet from professional advice from these bodies.
Establish a working Framework with Ministry of Education
I will advocate for the establishment of a working framework with Ministry of
Education in terms of:
a) Advocating for the registration of all school bursars as ICPAK members. The
Cabinet Secretary for Education has indicated his willingness to include them in
Ministry's payroll. The success of this policy will enhance professionalism in all
our schools, especially with regards to Financial Management.
b) Advocate for outsourcing of audit work for both Secondary and Primary
Schools to auditing Firms to minimize collusion and enhance Accountability for
funds in schools.
Advocate for ICPAK representation in all the 47 County
Budget Economic Forum (CBEF)
The CBEF is mandated by the Public Finance Management (PFM) Act which states
that counties shall create these forums in order to “provide a means for
consultation by the county government on: preparation of county plans, the
County Fiscal Strategy Paper, and the Budget Review and Outlook Paper for
the county; and matters relating to budgeting, the economy and nancial
management at the county level”. I will work with all the stakeholders in
initiating suitable proposals for implementing this provision since the existing
CBEF's terms will come to an end with the elections in August this year.
I have always Advocated for Credibility, Professionalism, Accountability as the
credo of our Great Profession plus Our Vision of Upholding Public Interest
Your Vote guarantees a successful, better, and prosperous future for you and
the accounting profession in Kenya, the Region and the world at large.
THANK YOU
NIMETENDA NA NITAZIDI KUTENDA