Accountants lose minimum fees push for services

The accountancy profession in Kenya is governed and oversighted by Icpak and complimented by industry and market regulators. FILE PHOTO | NMG

A push to introduce minimum fees that accountants charge for advisory services has been dropped by a task force reviewing sector regulations.

In the regulations tabled in Parliament and developed by a team comprising the Treasury and the Institute of Certified Public Accounts of Kenya (ICPAK), accountants will now not dictate fees and remuneration.

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