IFMISKenya

IFMISKenya An excellently secure, reliable, efficient, effective, and fully integrated financial management system

Sound systems, strong legal and regulatory frameworks as well as a competent and productive civil service are the cornerstones of an efficient Public Finance Management(PFM) regime. Public Financial Management reforms have been identified as the key drivers to efficient public service delivery and creation of wealth and employment, ensuring that the Government and its Departments raise, manage, an

d spend public resources in an efficient and transparent way with the aim of improving service delivery. Over the last decade the Government of Kenya has undertaken a number of PFM reforms aimed at enhancing accountability and transparency. These reforms have targeted the core PFM systems of budget formulation and ex*****on, public procurement, revenue collection, internal and external audit, parliamentary oversight, Payroll and Pensions, Public debt and guarantees, Accounting and Reporting and the Macro-fiscal framework.

26/02/2026
IFMIS BUSINESS PROCESS RE-ENGINEERING FOR TRANSITION TO ACCRUAL ACCOUNTING.
26/02/2026

IFMIS BUSINESS PROCESS RE-ENGINEERING FOR TRANSITION TO ACCRUAL ACCOUNTING.

IFMIS BUSINESS PROCESS RE-ENGINEERING FOR TRANSITION TO ACCRUAL ACCOUNTING WORKSHOP. Targeted Entities
26/02/2026


IFMIS BUSINESS PROCESS RE-ENGINEERING FOR TRANSITION TO ACCRUAL ACCOUNTING WORKSHOP. Targeted Entities

26/02/2026

-Engineering

5) High quality financial reporting
Promotes accountability and quality decision making that lead to good governance, transparency.
Easier auditing due to comprehensive reporting.

26/02/2026

-Engineering

4) Enriched balance sheet
Can facilitate access to financing.
Effective planning and budgeting for long-term financial responsibilities.

26/02/2026

-Engineering

3) Present full picture of Revenue and Expenditure
Revenue potential to be better predicted
Disclose effect of long term commitments – inform borrowing programme

26/02/2026

-Engineering
2) Enhance accountability of public fixed assetsFixed assets, heritage assets – shall all be on-balance sheet.
Manage handover especially between County Government regimes

26/02/2026

-Engineering
Benefits of migration to accrual?
i) Enhance reporting on liabilities
Pending Bills, Public Debt, PPP’s contingent Liabilities & Pension on-balance sheet. A method that caters for complexities of transactions.

26/02/2026

Why accrual accounting?
Accrual accounting is an accounting methodology under which transactions are recognized as the underlying economic events occur, regardless of the timing of the related cash receipts and payments.

Why is IFMIS changing?
25/02/2026

Why is IFMIS changing?

25/02/2026

IFMIS BPR
Transition To Accrual Basis Of Accounting.

IFMIS BUSINESS PROCESS RE-ENGINEERING FOR TRANSITION TO ACCRUAL ACCOUNTING WORKSHOP.
25/02/2026

IFMIS BUSINESS PROCESS RE-ENGINEERING FOR TRANSITION TO ACCRUAL ACCOUNTING WORKSHOP.

Address

IFMIS Department The National Treasury Fifth Floor, Treasury Building Harambee Avenue P. O. Box 30007
Moi
00100

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

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