News - SOCPA

30 Jun 2022

SOCPA Completes a Training Program Provided for the Saudi General Authority for Foreign Trade Employees

Within a framework of joint cooperation to develop government employees, SOCPA provided a training program for a number of the Saudi General Authority for Foreign Trade employees. The program's goal is to supply the Authority’s employees, who are non- accountants, with the necessary knowledge of the financial statements and disclosures based on the International Financial Reporting Standards (IFRS).

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23 Jun 2022

SOCPA Announces Names of New SOCPA Fellowship Recipients

Names of new SOCPA fellowship holders for the first cycle of 2022 SOCPA is pleased to congratulate all new recipients of its fellowship certificate for the first cycle of 2022, we wish them more success in their careers.

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22 Jun 2022

SOCPA CEO Speaks at an International Webinar Titled “Moving From Cash-Basis to Accruals-Basis Accounting”

SOCPA, represented by its CEO Dr. Ahmed Al-Meghemis, participated in the virtual international webinar titled “Moving From Cash-Basis to Accruals-Basis Accounting”, which was organized by the International Federation of Accountants (IFAC) and the World Bank MENA Group on Tuesday, June 21, 2022. Dr. Al-Meghames spoke about SOCPA's role in the transition to Accruals-Basis Accounting in the kingdom, highlighting SOCPA's role in developing and enhancing the specialized tec...

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21 Jun 2022

SOCPA Showcases the Kingdom’s Experience in an IFAC Webinar Titled (Connecting the Accountancy Education Ecosystem)

SOCPA participated in the virtual international webinar organized by the International Federation of Accountants (IFAC) and the World Bank MENA Group on Tuesday, June 21, 2022. Dr. Musab Al-Juaid represented SOCAP in the webinar which was titled "Connecting the Accountancy Education Ecosystem", and spoke about the kingdom's experience and SOCPA's role in advancing accountancy education outputs through various programs, partnerships, and initiatives with Saudi universitie...

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20 Jun 2022

SOCPA Holds a Workshop for the Professional Performance Quality Control Program For Those Licensed to Provide Zakat...

SOCPA held an online workshop via Zoom for the Professional Performance Quality Control Program For Those Licensed to Provide Zakat and Tax Services on Thursday 9-6-2022 from 1:00 pm to 3:00 pm with over 86 attendees. The workshop dealt with several topics of interest to those licensed to provide zakat and tax services, such as an introduction to annual data and its review, the stages of entering annual data, and the duties of those licensed to provide zakat and taxes, and included ...

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15 Jun 2022

Saudi Arabia Advances to 17TH Rank Among 63 Countries in the Index of Auditing and Accounting in Commercial Activit...

The Saudi Organization for Chartered and Professional Accountants (SOCPA) has made positive progress in the World Competitiveness Yearbook (WCY) for 2022 published by the Switzerland-based International Institute for Management Development (IMD), in the index of auditing and accounting in commercial activities, advancing from the 32nd rank to 17th, up 15 ranks. The Kingdom of Saudi Arabia also rose eight places from a year ago to rank 24th out of 63 most competitive countries in the world. SOCP...

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