News - SOCPA

16 Sep 2021

SOCPA Announces Names of New SOCPA Fellowship Recipients

SOCPA is pleased to congratulate all new holders of its fellowship certificate for the second cycle of 2021، We wish them more success in their careers.

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13 Sep 2021

H.E Minister of Commerce Chairs SOCPA's Board Of Directors 8th Meeting

SOCPA's Board of Directors held its 8th meeting for the 9th session on 12/9/2021 under the chairmanship of H.E. Minister of Commerce and Chairman of SOCPA's the Board of Directors Dr. Majid bin Abdullah Al-Qasabi. The meeting was held remotely via video conference. During the meeting, the participants discussed the various topics on the agenda, and relevant and necessary resolutions were issued. Most notably, the meeting resulted in the adoption of the procedures for applying to p...

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05 Sep 2021

SOCPA Shares its Comments on Proposed Amendments to the IAS 21

The International Accounting Standards Board (IASB) published a draft amendment to IAS 21, "The Effects of Changes in Foreign Exchange Rates", to provide appropriate accounting treatment for determining exchange rates when an entity is faced with a situation where a foreign currency cannot be exchanged. SOCPA, represented by its Accounting Standards Committee, expressed its views on the draft in a letter addressed to IASB. Specifically, SOCPA has proposed reconsidering the definition ...

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01 Sep 2021

With the participation of 155 accounting firms, SOCPA organizes workshops to develop the annual data submission of ...

SOCPA, represented by the Review and Quality Control Department, organized a workshop to Improve and develop the annual data submission platform. The workshop was held remotely via ZOOM with the participation of 155 accounting firms. SOCPA aims by holding these workshops to introduce the platform to the participants as well as to look for solutions to the problems that firms encounter in dealing with the platform. The workshop's agendas included the introduction of t...

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01 Sep 2021

With more than 400 participants, SOCPA and IESBA held a workshop on the impact of advancements in technology on acc...

The Saudi Organization for Chartered and Professional Accountants (SOCPA) and the International Ethics Standards Board for Accountants (IESBA) held a joint workshop on the impact of advancements in technology on accounting ethics. The workshop saw the participation of more than 400 person of distinguished specialists and those interested in the accounting and auditing profession. The opening speech was delivered by the CEO of SOCPA, his excellency Dr. Ahmed bin Abdullah Al mughames, where he ...

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31 Aug 2021

SOCPA continues to carry out workshops for the Alignment of Educational Outputs with Labor Market Requirements Init...

The Saudi Organization for Chartered and Professional Accountants (SOCPA), in cooperation with Prince Sultan University (PSU) organized a workshop (focus group) to explore the views and benefit form the professional experience of local and international accounting firms and companies such as Deloitte, Ey , Pwc, Kpmg, kharashi & Co., Saleh al-thenayan, and Boodai & Al Omar CPA on the subject of aligning educational outputs with the labor market. The executive director of membership and p...

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