Kenya's statutory,financial and internal-audit standard setting body for Public Sector bodies in both National and County Governments established by the PFM Act
CPA Centre, Thika Rd, Ruaraka.
Joined July 2019
- Tweets683
- Following53
- Followers1.2K
- Likes74
Public Sector Accounting Standards Board (Kenya) retweeted
FINAL DAY TO SUBMIT YOUR ENTRY!
If your organisation has not yet submitted its entry for the FiRe Award 2026, now is the time to act. Showcase your commitment to quality financial reporting, accountability, transparency and integrity at the #FiReAward2026EA.
📌 Enter now: ow.ly/iMRa50ZRYhZ then submit your Annual Report and Audited Financial Statements to [email protected]
@ICPAK_Kenya @PSASBKe @CMAKenya @RBAKenya @NSE_PLC #FiReAward2026KE ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
⏳ 15 DAYS TO GO!
Great reporting goes beyond impressive numbers. It tells the story behind them.
Showcase the quality, transparency and excellence behind your reporting by entering the FiRe Award 2026.
📌 How to submit: Enter now: ow.ly/yL0v50ZIeCy then submit your Annual Report and Audited Financial Statements to [email protected]
#FiReAward2026KE #FiReAward2026EA @FiReAwardEA @PSASBKe @CMAKenya @RBAKenya @NSE_PLC ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
Your annual report is more than a compliance document, it's a reflection of your organisation's impact, governance, and vision. Let it earn the recognition it deserves at the #FiReAward2026KE
How to Submit
Complete the Participant Entry Form:
ow.ly/3pUe50ZwU5Y
Email your Annual Report and Audited Financial Statements to:
[email protected]. @ICPAK_Kenya @PSASBKe @CMAKenya @RBAKenya @NSE_PLC #FiReAward2026EA ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
Take the next step towards recognition. Enter the FiRe Award 2026 by:
Completing the entry form via: ow.ly/smO350ZvIk4 then Send your submission to [email protected]
✨ Participation is FREE of charge.
#FiReAward2026KE #FiReAward2026EA @ICPAK_Kenya @CeoIcpak @PSASBKe @CMAKenya @RBAKenya @NSE_PLC ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
"Major progress has been made in advancing the transition to accrual accounting, notably through the approval of the three-year transition roadmap, the issuance of key Treasury circulars, the development of standardized financial reporting templates, and the implementation of comprehensive capacity-building initiatives for public sector accountants."
FCPA Pius Nduatih Chairman, @PSASBKe. @KeTreasury #IPSASAccrualWorkshop ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
"Strong record-keeping, early reconciliations, continuous capacity building, timely technical assistance, and accurate opening balances are key lessons for successful transition and better financial reporting." FCPA @Georginamuchai
CEO, @PSASBKe.
@KeTreasury #IPSASAccrualWorkshop ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
Grab your front-row seat to organizations setting the benchmark in financial reporting. Scheduled for 5th December! Register now: fireaward.org/fire-booking/# #FiReAward2025
@NSE_PLC @CMAKenya @RBAKenya @PSASBKe @ICPAK_Kenya @FiReAwardEA
It's gonna be ✅ #FiReAwardGala
Public Sector Accounting Standards Board (Kenya) retweeted
SP: Compliance is more than rules… It’s the pathway to trust, clarity, and reliable reporting. Discover insights, best practices, and success stories at the #FiReAwardConf.
Book now: zurl.co/vXFfr
@ICPAK_Kenya
@NSE_PLC
@CMAKenya
@RBAKenya
@PSASBKe
@ICPAK_Kenya
@FiReAwardEA
@Georginamuchai
#FiReAward2025 #FinancialExcellence
Public Sector Accounting Standards Board (Kenya) retweeted
"Speech is Silver, Silence is Golden."
Through listening, we gain wisdom that endures — shaping growth & impact.
Honoured to join ASA–KU x PSASB in a powerful session on ethical leadership, learning & accountability in public sector governance.
#Leadership #Ethics #Accountability
Public Sector Accounting Standards Board (Kenya) retweeted
"Delays in Municipal/County audits are now history; the Senate has already reviewed county financial statements up to FY ended June 2021, a major improvement from being 4–5 years behind." CPA @Georginamuchai CEO, @PSASBKe. #ICPAKPracticeForum #AccountancyPractice ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
The @ORPPKenya continues to convey the training session for non-funded political parties on the new financial reporting template.
The training, supported by the @PSASBKe and @OAG_Kenya , focuses on the requirements for political parties with other sources of income.
Public Sector Accounting Standards Board (Kenya) retweeted
"The FiRe Award Fraternity is committed to the review process and will provide timely feedback that will create awareness of the report and requirements aimed at improving Financial Reporting. "CPA Edwin Tito, Director Internal Audit Standards, @PSASBKe #FiReAward2025
To participate, send a soft copy of your latest Annual Report & Audited Financial Statements to 📧 [email protected]. Then, fill out the entry form here 👉 ow.ly/fq9m50WziBE
@ICPAK_Kenya @NSE_PLC @CMAKenya @RBAKenya
Public Sector Accounting Standards Board (Kenya) retweeted
“For the Public Sector Accounting Standards Board, the FiRe Award has played a key role in advancing its mandate to promote compliance with standards, as outlined in Section 194 of the Public Finance Management Act, 2012.” CPA Edwin Tito, Director Internal Audit Standards, representing CPA Georgina Muchai- CEO, @PSASBKe. #FiReAward2025 ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
“Transitioning to accrual accounting marks a major shift from the current reporting model. One key benefit is improved asset management-entities will now capitalize assets instead of expensing them, allowing for more accurate reporting of financial and non-financial assets in financial statements.” CPA Georgina Muchai- CEO, @PSASBKe. #FiReAward2025." CPA Edwin Tito, Director Internal Audit Standards, representing CPA Georgina Muchai- CEO, @PSASBKe. #FiReAward2025
Public Sector Accounting Standards Board (Kenya) retweeted
The Auditor-General held a consultative meeting with a team from the @PSASBKe led by the Chairman, FCPA Pius Nduati. The meeting focused on transition from cash to accrual accounting and enhancing collaboration in public sector financial reporting.
#EnhancingAccountability
Public Sector Accounting Standards Board (Kenya) retweeted
The Public Sector Accounting Standards Board (@PSASBKe) has published the Guidelines for transition from cash to accrual accounting.
Some key things to highlight:
· The starting point for accrual accounting is July 1st, 2024. This means the opening statement on the financial position as at July 1st, 2024 (effectively the start of the current financial year) will be accrual based
· This is consistent with the statement that came from the National Treasury on Oct 3rd, 2024 (see quoted tweet)
· The board indicates that the financial liabilities that will be included in the transitional financial statements for 2024/25 MUST include pending bills
· Transactions that are currently underway on IFMIS under cash accounting basis will be converted into accrual basis
· All investments, including T-Bills & short-term fixed deposits, must be captured as part of opening balances as of July 1st, 2024 (I can't wait to see the opening balance for the Affordable Housing Board in view of this requirement)
Public Sector Accounting Standards Board (Kenya) retweeted
CPA Georgina Muchai Ag. CEO @PSASBKe presents on the foundation of IPSAS Acrual during the #IPSASAccrualWorkshop. ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
Received a briefing from the Public Sector Accounting Standards Board (PSASB) on their ongoing efforts to fulfil their mandate, including progress in the transition from cash to accrual
accounting and their contribution to the administration's Zero-Fault Audit initiative.
I urged PSASB to spearhead robust accounting frameworks that promote transparency, accountability, and the efficient use of resources across all Ministries, Departments, and Agencies (MDAs) in Kenya’s Public Service.
The team was led by Board Chairman FCPA Pius Mungai Nduati.
Public Sector Accounting Standards Board (Kenya) retweeted
CPA Georgina Muchai, Ag. CEO @PSASBKe presenting on the role of @PSASBKe on implementation of the #SustainabilityDisclosuresStandards. #ICPAKSustainabilityRoadmapLaunch ^CA
Public Sector Accounting Standards Board (Kenya) retweeted
Be a part of the #FiReAwards2024 #GalaDinner and witness the recognition of excellence in corporate governance and sustainability reporting. Reserve your seat today:
Physical: ow.ly/glqb50TT3y1
Virtual: ow.ly/ZJoq50TT3y2 @ICPAK_Kenya @PSASBKe @RBAKenya @NSE_PLC @CMAKenya ^CA
