Most Kenyan firms not ready for new financial reporting rules – ICPAK
The Institute of Certified Public Accountants of Kenya (ICPAK) says only a small number of companies have made significant progress in preparing to provide information on issues such as climate change, environmental impact and how these issues could affect their businesses.
The ICPAK Sustainability Reporting Readiness Assessment 2026 found that the 385 entities that submitted substantive responses scored an average of 1.51 out of four on preparedness.