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The Accountant Nov-Dec 2016

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TABLE OF CONTENTS<br />

21<br />

Business<br />

Practice and<br />

Development<br />

Miscellaneous fees and<br />

levies Act, <strong>2016</strong><br />

6<br />

Financial<br />

Reporting and<br />

Assurance<br />

Will Integrated Reporting<br />

meet investors needs?<br />

60<br />

TRAVEL<br />

<strong>The</strong>re’s nothing vague<br />

about the Hague<br />

34<br />

COVER STORY<br />

Are employees still<br />

relevant today?<br />

40<br />

INSPIRATION<br />

<strong>The</strong> other side of<br />

hobbies<br />

www.icpak.com<br />

Members of the Council<br />

Chairman<br />

FCPA Fernandes Barasa<br />

Vice Chairman<br />

FCPA Julius Mwatu<br />

Chief Executive<br />

CPA Dr. Patrick Ngumi<br />

(PhD)<br />

Council Members<br />

FCPA Pius Nduatih<br />

CPA Wycliffe Shamiah<br />

CPA Geofrey Malombe<br />

CPA Obare Nyaega<br />

CPA Rose Mwaura<br />

CPA Susan Oyatsi<br />

Ms. Damaris Kimosop<br />

CPA June Kivinda<br />

CPA Samuel Okello<br />

Head of Publication/Editor<br />

Mbugua Njoroge<br />

mbugua.njoroge@icpak.com<br />

Editorial Consultant<br />

Angela Mutiso<br />

Marketing & Advertising<br />

Ideation Marketing<br />

info@ideationmarketing.co.ke<br />

Tel: +254 719 650 423<br />

Staff Writer<br />

Valerie Alusa<br />

Design, Layout & Print<br />

Colour Print<br />

Publication and Circulation<br />

ICPAK, CPA Centre, Thika Road<br />

P.O. Box 59960-00200 City Square, Nairobi Kenya<br />

Tel: +254 20 230 42 26/7<br />

Mob: +254 721 469 796/169,<br />

+254 727 531 006, +254 733 856 262<br />

Fax: +254 20 856 22 06,<br />

Email: memberservice@icpak.com<br />

<strong>The</strong> <strong>Accountant</strong> is published every 2 months by the Institute of Certified Public <strong>Accountant</strong>s of Kenya. Views expressed in the journal do not necessarily reflect those of the institute, authors<br />

firms or employers. Reproduction of any article in this journal without permission is prohibited. <strong>The</strong> editor reserves the right to use, edit or shorten articles for accuracy, space and relevance.<br />

NOVEMBER - DECEMBER <strong>2016</strong> 1

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