22 May 2023
International Ethics Standards Board for Accountants (IESBA) published "Proposed Revisions to the Code Addressing Tax Planning and Related Services" which contributes to preserving the sustainability of the Code and enhancing its effectiveness as a tool that keeps the confidence of the international community in the accounting profession. This exposure draft came as a response from the Board to the need that arose from the international concern about the possibility of wealthy individu...
16 May 2023
With more than 640 licensees to practice the accounting and auditing profession in addition to professional services providers, Saudi Organization for Chartered and Professional Accountants (SOCPA), in cooperation with the Ministry of Commerce, organized a workshop on the executive regulations of the new corporate law issued by the Ministry of Commerce. The workshop was presented by Mr. Abdulmajeed Al-Abdulwahhab, Managing Director of the Companies Laws and Policies at the Ministry of Commerce. ...
12 Apr 2023
Among Saudi Organization for Chartered and Professionals Accountants (SOCPA) relentless endeavor to play its role to regulate the accounting and auditing profession, and to control the quality of its performance, SOCPA has conducted a number of field visits and inspections of practitioners. These visits showed the commitment of many offices to the legal controls for practicing the activity. On the other hand, several individual and entity violations of providing accounting and auditing services ...
11 Apr 2023
Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who have obtained the Accounting Technicians Certificate for the 1st Cycle of 2023, wishing them great success in their careers.
10 Apr 2023
Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who have obtained the VAT Specialist Certificate for the 1st Cycle of 2023, wishing them great success in their careers.
29 Mar 2023
Saudi Organization for Chartered and Professional Accountants has published the Arabic digital translation of the latest version of the international standards for quality control, auditing, examination, and other assurances and related services. It is the 2021 edition issued by the International Auditing and Assurance Standards Board (ISAAB), which was published by the International Federation of Accountants (IFAC) in December 2022. This version of the standards included some amendments and upd...