Cash to Accrual Transition in Kenya

This module provides a comprehensive introduction to Kenya’s transition from cash-based to accrual-based accounting within the public sector. Participants will explore the foundational concepts of accounting, comparing cash and accrual systems, and understanding the benefits of accrual accounting in enhancing transparency, accountability, and decision-making. The course examines Kenya’s regulatory and legal framework, key milestones, and institutional structures driving the transition. Learners will gain practical insights into transition approaches, committee establishment, asset and liability identification, budgeting, and use of the Standard Chart of Accounts (SCOA). Real-world case studies from Kenyan entities, along with year-one financial statement reporting requirements, will provide a practical context. By the end of the module, participants will be able to interpret, prepare, and assess accrual-based financial statements and understand the governance mechanisms supporting the reform.