Financial Report Invitation

PUBLIC SECTOR ACCOUNTING STANDARDS BOARD

INVITATION FOR COMMENTS ON QUARTERLY FINANCIAL REPORTING TEMPLATES

The Public Sector Accounting Standards Board (PSASB) is mandated by section 194 of the PFM Act, 2012 to prescribe frameworks and set generally accepted standards for the development and management of accounting and financial systems by all State organs and public entities. PSASB in compliance with this section, prescribes internal audit procedures and mainstreams best practices for good governance, internal controls and risk management

Pursuant to the above mandate, PSASB is in the process of developing Quarterly Financial Reporting Templates for the following categories of public sector entities:

1. IPSAS Accrual Basis
• Level 4 and 5 Hospitals
• Cities & Municipal Boards
• National Government Car & Mortgage Schemes
 
2. IPSAS Cash Basis
• County Revenue Fund
• County Receivers of Revenue

 
3. IFRS Basis
• Water Service Providers (Water Companies)
 
In line with Article 201 (a) of the Constitution of Kenya 2010, PSASB invites all stakeholders to provide comments on the draft Quarterly Financial Reporting Templates. The draft templates can be accessed and downloaded from PSASB website: www.psasb.go.ke
Comments should be emailed to acctstandards@psasb.go.ke on/before 12th September 2022. Kindly let your comments take the format indicated below:
 
Template Issues Page Recomendations
Number Comment Number Comment
 
For any clarification, you can call us on 020 251 1557.

CHIEF EXECUTIVE OFFICER
PUBLIC SECTOR ACCOUNTING STANDARDS BOARD
CPA CENTRE, 8TH FLOOR THIKA RD., RUARAKA
P.O. BOX 38831-00100
NAIROBI
 
Title Document
Quarterly Financial Reporting template for National Government car loan and mortgage funds
Quarterly Water Companies IFRS
Quarterly Financial Reporting template for Cities and Municipal Boards
Quarterly Financial Reporting Template for County Receivers of Revenue
Quarterly Financial Reporting Template for Level 4 and 5 Hospital
Quarterly for County Revenue Fund