News - SOCPA

04 Jan 2024

SOCPA Approves Amendments on Engagement Team and Group Audits Definitions

The Saudi Organization for Chartered and Professional Accountants (SOCPA), represented by the Professional Ethics Committee, has approved amendments made by the International Ethics Standards Board for Accountants (IESBA) to the definitions of the Engagement Team and Group Audits in the International Code of Ethics for Professional Accountants. These amendments are part of IESBA's efforts to enhance the alignment of the Code's requirements with updates to the International Standards on ...

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03 Jan 2024

SOCPA Publishes Names of VAT Specialist Certificate Recipients

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate the recipients of the VAT Specialist Certificate (Fourth Cycle for 2023), wishing them continued success and progress in their professional careers.

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03 Jan 2024

SOCPA Approves Amendment to Quality Management Sections

The Saudi Organization for Chartered and Professional Accountants (SOCPA), represented by the Professional Ethics Committee, has approved an amendment made by the International Ethics Standards Board for Accountants (IESBA) to the sections related to quality management in the International Code of Ethics for Professional Accountants. The primary aim of this amendment is to clearly align and harmonize the ethical requirements in the Code with the international standards for quality manag...

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02 Jan 2024

SOCPA Approves Amendments on Threats Arising from Fees and Other Compensation

The Saudi Organization for Chartered and Professional Accountants (SOCPA), represented by the Professional Ethics Committee, has approved amendments made by the International Ethics Standards Board for Accountants (IESBA) to the sections related to threats arising from fees and other compensation in the International Code of Ethics for Professional Accountants. The primary aim of this amendment is to highlight adherence to the fundamental principles of the International Code of Ethics and to ap...

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01 Jan 2024

SOCPA Approves Amendment on Non-Assurance Services for Audit Clients

The Saudi Organization for Chartered and Professional Accountants (SOCPA), represented by the Professional Ethics Committee, has approved an amendment made by the International Ethics Standards Board for Accountants (IESBA) to the sections related to the provision of non-assurance services to audit clients in the International Code of Ethics for Professional Accountants. The primary aim of this amendment is to enhance the international independence standard by addressing public stakeholders'...

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01 Jan 2024

SOCPA Issues Professional Examinations Guide for 2024

The Saudi Organization for Chartered and Professional Accountants (SOCPA) has issued a guide for professional examinations, covering all the exams SOCPA plans to conduct during 2024 (1445-1446 AH). The guide includes information on the SOCPA Fellowship Exam, the Accounting Technician Exam, the Value-Added Tax Specialist Exam, the International Financial Reporting Standards (IFRS) Certification Exam, the professional certification exams for the Government Accounting and Auditing Training Program...

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