News - SOCPA

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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14 Jun 2022

SOCPA Publishes Names of New Recipients of the Value-Added Tax Specialist Certificate

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who have obtained the VAT Specialist Certificate Certificate (Second Cycle 2022), wishing them further success in their careers.

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08 Jun 2022

Etikal Participates in the International E-commerce Expo

Etikal for Accounting & Business Services, which is a platform by the Saudi Organization for Chartered and Professional Accountants (SOCPA), is participating in the International E-Commerce Expo (IEC) which will being held from 7 to 9 June 2022 in Riyadh. This participation comes in cooperation with SOCPA's technical partner Thiqah, and aims to raise awareness of the Etikal platform and the accounting services it provides to beneficiaries. Etikal aims to achieve a digital accounting env...

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31 May 2022

SOCPA Holds Meeting of the General Assembly

SOCPA's General Assembly convened via a live feed on the 30th of May 2022. The meeting was chaired by Mr. Abdul Mohsen bin Abdulaziz Al-Faris, a member of the Board of Directors. The meeting agendas included approving SOCPA's 2021 financial statements, approving the 2021 board's report on SOCPA's activities, the appointment of SOCPA's statements auditor for 2023, and determining his remuneration. The meeting started with a speech by Mr. Al-Faris where he welcomed the members...

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31 May 2022

SOCPA Participates in the First Mid-Term Meeting of 2022 for the Emerging Economies Group

SOCPA Participates in the First Mid-Term Meeting of 2022 for the IFRS' Emerging Economies Group SOPCA, represented by its Accounting Standards Council, participated in the first mid-term meeting of 2022 for the IFRS's Emerging Economies Group (EEG) of G20 countries which took place on 16-17 May 2022. SOCPA was represented in this meeting by two members of the Accounting Standards Council, Mr. Ali bin Hassan Al-Basri, and Mr. Abdulaziz bin Saad Al-Hussan. The meeting focused on a ...

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30 May 2022

SOCPA Participates in the First IFCG Meeting for 2022

SOCPA Participated in the first Islamic Finance Consultative Group (IFCG) Meeting for 2022 which was held on the 10th of May 2022. SOCPA was represented by Mr.Ahmed bin Muhammad Al-Shanibir, a member of the accounting council at SOCPA. The IFCG is a group established by the International Financial Reporting Standards (IFRS) Foundation. The meeting focused on a number of subjects related to Islamic finance and the work of the IFRS and the International Sustainability Standards Board ...

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