News - SOCPA

16 Oct 2024

SOCPA and CIMA Sign Collaboration Agreement at Accounting Technologies Conference

On Wednesday, October 16, 2024, the Saudi Organization for Chartered and Professional Accountants (SOCPA) and the Chartered Institute of Management Accountants (CIMA) signed a collaboration agreement on the first day of the Accounting Technology Conference in Riyadh, which runs from October 16 to 19, 2024. The agreement aims to establish the Financial Leadership Program (FLP) to qualify candidates for the Chartered Global Management Accountant (CGMA) designation. CIMA will...

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08 Oct 2024

SOCPA Approves Regulatory Rules for Zakat and Tax Accounting Services

SOCPA has approved new regulations governing Zakat and tax accounting services in coordination with the Ministry of Commerce. This approval stems from Article Nine of SOCPA's regulations (Cabinet Resolution No. 416 dated 25-07-1442H), the Law of the Profession of Accounting and Auditing (Royal Decree No. M/59 dated 27-07-1442H), and its executive regulations (Minister of Commerce Resolution No. 658 dated 14-11-1442H). The approval process also considered the freelance profession re...

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02 Oct 2024

SOCPA Organizes Saudi Accounting Technologies Conference

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is organizing the Accounting Technology Conference under the theme "The Role of Technology and Artificial Intelligence in Advancing the Accounting and Financial Sectors." The event will be held at the Hilton Granada Hotel in Riyadh from October 16 to 19, 2024, alongside the second edition of the Accounting Solutions Hackathon. SOCPA’s CEO, Dr. Ahmad bin Abdullah Al-Moghames, stated that t...

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01 Oct 2024

SOCPA Showcases Publications and Services at Riyadh International Book Fair 2024

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is presenting its latest publications and services at the 2024 Riyadh International Book Fair, held at King Saud University under the theme "Riyadh Reads." Organized by the Literature, Publishing, and Translation Commission, the fair began on September 26 and will run until October 5. SOCPA’s booth provides visitors with an overview of its key publications, professional exams, training programs...

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26 Sep 2024

SOCPA Participates in The World Standard-setters Conference

The Saudi Organization for Chartered and Professional Accountants (SOCPA) recently took part in the annual International Standard-Setters Conference, hosted by the International Accounting Standards Board (IASB). Representing SOCPA were CEO Dr. Ahmad bin Abdullah Al-Moghames and Accounting Standards Board Chair Mr. Jihad bin Mohammed Al-Omari. The conference agenda included updates on IASB's achievements over the past year, with insights into upcoming publications and ...

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18 Sep 2024

SOCPA Hosts Roundtable Meeting with IFRS Foundation Chair

On Tuesday, September 17, 2024, the Saudi Organization for Chartered and Professional Accountants (SOCPA) hosted a roundtable meeting at its headquarters in Riyadh. The event was attended by SOCPA’s CEO, Dr. Ahmad bin Abdullah Al-Moghames; the Chair of the IFRS Foundation Trustees, Mr. Erkki Liikanen; and the Foundation’s Managing Director, Mr. Michel Madelain, alongside representatives from major listed companies, accounting firms, and members of SOCPA's accounting ...

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