Happy New Year 2026

Merry Christmas

PSASB staff, during a policy development session, focused on formulating a comprehensive disposal policy designed to safeguard public assets, prevent value leakage, enhance transparency, and ensure optimal realisation of value for money in the disposal of public sector resources.

PSASB retooling Internal Auditors and Risk Management Officers from Ministries, Departments and Agencies with new standards and the latest trends, aimed at enhancing transparency and accountability in the use of funds across the public sector.

Well Done! The Board of Directors, Management and Staff of Public Sector Accounting Standards Board (PSASB) congratulate FCPA Kiini Sylvester, for being awarded Chief of the Order of the Burning Spear (C.B.S) by His Excellency President William Samoei Ruto, on 12th December 2025.

The Board of Directors, Management and Staff of Public Sector Accounting Standards Board (PSASB) congratulate FCPA Pius Nduatih, for being awarded Moran of the Order of the Burning Spear (M.B.S.) by His Excellency President William Samoei Ruto, on 12th December 2025.

Strengthening bonds and enhancing synergy, PSASB staff pose for a group photo during a team-building activity.

Happy Jamhuri Day

Taxpayers gain new power as public sector shifts to accrual accounting. MyGov publication. Click link to download copy. See page 7: https://t.co/6rNTopj6tg

This is the final FiRe Award cycle in which public sector entities are assessed using cash-based accounting. Beginning next year, all public sector submissions will be evaluated through the lens of full accrual accounting - PSASB Chairman FCPA Pius Nduatih.

The Standard on Sustainability Under IPSAS.

As we strive towards greater transparency, I want to leave you with one African saying that speaks directly to our theme: “If you want to go quickly, go alone. If you want to go far, go together.” - FCPA Georgina Muchai.

No3: To Document Best practices - the evaluation process documents best practices showcased by our public sector entities. The identified best practices are widely shared with all entities to promote a culture of continuous improvement.

No2: To monitor compliance - we utilize the evaluation process to monitor adherence to the prescribed standards and frameworks. The feedback we receive informs our policy direction as a Board.

We utilise the FiRe Award evaluation reports in three strategic ways: No1.: To Award Excellence - we recognise and celebrate entities that demonstrate excellence in financial reporting, with a view to reinforcing good reporting practices across the public sector.

This year, we recorded a higher number of clean reports in some traditionally challenging categories which include NGCDF, Political Parties, County Assemblies & National MDAs. The progress is an indication that our efforts over the years are bearing fruit - FCPA Georgina Muchai

We are proud to note a significant rise in the public sector entries this year. We evaluated 1,397 entities, up from 1020 last year. This is a 37% increase. The growth is due to the great efforts by the OAG, which completed its reports earlier than in previous cycles. @OAG_Kenya

The FiRe Award Conference is underway at Serena Hotel, Nairobi. This year’s theme is "fostering compliance to international standards to enhance transparency."

Grab your front-row seat to organizations setting the benchmark in financial reporting. Scheduled for 5th December! Register now: https://t.co/Ox3qfe2iu0 #FiReAward2025 @NSE_PLC @CMAKenya @RBAKenya @PSASBKe @ICPAK_Kenya @FiReAwardEA It's gonna be ✅ #FiReAwardGala

As the world observes the International Day of Persons with Disabilities, PSASB reaffirm its solidarity with the global push for an inclusive society where every individual is enabled to participate, contribute, and lead free from barriers.