New financial reporting style to boost demand for actuaries

IFRS 19 is the latest IFRS accounting standard issued in May 2024. 

Photo credit: Pool

Demand for actuaries in Kenya is projected to expand following implementation of the International Financial Reporting Standard 17 (IFRS 17) that needs more professionals, the insurance regulator has said.

The global standards that went live at the start of the year to replace IFRS 4 will bring together both actuaries and accountants to ensure companies' reports and disclosures are captured accurately.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.