Audit Quality Reviewer at Institute of Certified Public Accountants of Kenya (ICPAK)

Job Summary

• The role reports to Manager – Audit Quality Monitoring and Compliance and is responsible for the execution of Audit Quality Assurance (AQA) and compliance programs including investigations. The successful candidates will undertake periodic audit firm reviews and investigations to assess compliance with the International Standards on Auditing (ISAs), International Standard on Quality Management (ISQMs), the IFAC Code of Ethics, and relevant laws and regulations.
• The position will also support capacity-building initiatives and the development of AQA and investigations frameworks and policies.

Key Responsibilities and Accountabilities (Duties)

• Plan and carry out scheduled AQA reviews of audit firms and individual practitioners that include assessing audit files and documentations for compliance with ISAs, applicable laws, and ethical standards; evaluating the design and effectiveness of quality management systems implemented by practitioners under ISQMs and preparing comprehensive AQA reports with observations, findings, and recommendations for remedial action.
• Monitor and report on the implementation of remedial actions by audit firms postreview.
• Provide technical advice and guidance on auditing standards, quality control systems, and ethical practices and support the development and continuous improvement of audit quality assurance frameworks, manuals, and checklists.
• Conduct training sessions, workshops, and stakeholder engagement forums on audit quality and regulatory compliance.
• Receive and assess complaints related to professional misconduct, unethical behavior, and other breaches of the Accountants Act and other relevant Standards, laws and regulations by members.
• Plan and conduct comprehensive investigations in accordance with established policies, procedures, and legal frameworks and prepare detailed investigation reports with factual findings, analysis, and appropriate recommendations.
• Present findings and support disciplinary hearings through expert evidence and documentation.
• Maintain an accurate, secure, and confidential case management system.
• Liaise with external agencies such as law enforcement, regulatory authorities, and legal counsel where applicable.
• Provide technical input to policy development, procedures, and manuals related to professional investigations and enforcement.
• Track the implementation of disciplinary actions, including penalties, sanctions, and remedial training.
• Promote awareness among members regarding professional ethics, legal obligations, and disciplinary procedures through training and sensitization forums.
• Keep abreast of developments in legislation, international standards, and best practices in professional conduct investigations.

Person Specifications:

• Be a citizen of Kenya.
• Meet the requirements of Chapter Six of the Constitution.
• Possess a Bachelor of Commerce degree or any other business-related degree from a recognized University, a Post-Graduate qualification will be an added advantage.
• Minimum relevant work experience of at least six (years in internal and/or external audit work in a reputable organization. Audit experience with the big and medium-tier audit firms is an added advantage.
• Professional qualifications: CPA or equivalent qualifications and a member of ICPAK in good standing.
• Certification in Forensics and Investigations such as Certified Fraud Examiner (CFE) is a distinct advantage.