News - SOCPA

19 Dec 2024

SOCPA Shares Its View on IFRS 19 Amendment

The International Accounting Standards Board (IASB) has published an Exposure Draft to update the recently issued IFRS 19, aiming to align its requirements with updates made to the full version of International Financial Reporting Standards that were adopted after the initial adoption of this standard. SOCPA, represented by its Accounting Standards Council, considered these amendments appropriate and suggested several improvements to the requirements that would reduce the cost for ent...

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15 Dec 2024

SOCPA Publishes Names of New VAT Specialist Certificate Holders

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who earned the VAT Specialist Certification in the fourth cycle of 2024. We wish them continued success and growth in their professional careers. To view the list of certification recipients, click here.

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12 Dec 2024

SOCPA publishes the names of new Accounting Technician Certificate Holders

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who earned the Accounting Technician Certification in the third cycle of 2024. We wish them continued success and growth in their professional careers. To view the list of certification recipients, click here. {^widget|(videourl)https%3a%2f%2fyoutu.be%2fICWk6M9XK0A|(name)YouTubeVideo|(autoplay)False|(widget_displayname)YouTube+video|(width)425|(he...

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11 Dec 2024

SOCPA Presents Its View on the Proposed Amendment to IAS 21

The International Accounting Standards Board (IASB) has published a limited-scope amendment project to International Accounting Standard 21 "The Effects of Changes in Foreign Exchange Rates." The project aims to simplify procedures for translating financial statements from functional currency to presentation currency in a hyperinflationary economy. The proposal suggests translating all financial statements, including comparative information, at the closing rate at the date of...

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10 Dec 2024

SOCPA Publishes Names of Fellowship Certificate Recipients

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is delighted to extend its congratulations to those who earned the Fellowship Certification in the third cycle of 2024. We wish them further .success and advancement in their professional journeys. To view the list of certification recipients, click here {^widget|(videourl)https%3a%2f%2fyoutu.be%2f-_VfgtcbBss|(name)YouTubeVideo|(autoplay)False|(widget_displayname)YouTube+video|(width)425|(height)355...

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05 Dec 2024

SOCPA Publishes Names of Public Sector Accounting Standards Certification Recipients

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who earned the Public Sector Accounting Standards Professional Certification in the second session of 2024. We wish them continued success and growth in their professional careers. To view the list of certification recipients, click here. {^widget|(videourl)https%3a%2f%2fyoutu.be%2fOhcRFnEwmRU|(name)YouTubeVideo|(autoplay)False|(widget_displayname)Y...

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