News - SOCPA

22 Oct 2013

Formation of SOCPA technical committees for the sixth session

During its eighth meeting of the seventh session held on Tuesday, 08.10.2013, headed by H.E Abdul Mohsen bin Abdullah Al- Faris the acting chairman, SOCPA Board of Directors formed SOCPA technical committees for the sixth session for a period of four years , as follows Accounting Standards Committee: Mr. Khalil Ibrahim Al-Sudais Mr. Jihad Mohammed Al-Amri Mr. Fahad Mohammed Al-Taimi Dr. Amr Khaled Kurdi Dr. Tawfik Abdel Mohsen Al-Khayal Dr. Abdulziz bin Ibrahim Al-Issa Mr. Ahme...

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21 Oct 2013

SOCPA issues a new translated publication titled " Good Practice Checklist for Small Business"

The Saudi Organization for Certified Public Accountants (SOCPA) , with the permission of the International Federation of Accountants (IFAC), has translated a new publication titled "Good Practice Checklist for Small Business" into the Arabic language. This publication aims at providing small- and medium-sized practices (SMPs), with a diagnostic tool to help them determine the advice a small business client may need on areas that include financial tasks, strategic managem...

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21 Oct 2013

The organization issued a number of new ''Accountants Magazine''

Saudi Organization for Certified Public Accountants issued its magazine "Accountants" number 76, which included a number of topics related to the activities of the organization and the profession locally and internationally. To read this magazine, Please click here

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18 Sep 2013

SOCPA translated the IFAC publication titled " Evaluating and Improving Internal Control in Organizations "

Represented in its Business Sector Committee, SOCPA, upon receiving IFAC acceptance, has translated IFAC publication titled " Evaluating and Improving Internal Control in Organizations " into Arabic language. Internal control is a crucial aspect of an organization’s governance system and ability to manage risk, and is fundamental to supporting the achievement of an organization’s objectives and creating, enhancing, and protecting stakeholder value. This release provi...

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12 Sep 2013

SOCPA held a meeting to discuss merger of accounting firms

SOCPA held on the evening of Tuesday, 27.10.1434 AH (03/09/2013) at the headquarters of Saudi Standards, Metrology and Quality Organization (SASO) in Riyadh, a meeting to discuss merger of accounting and auditing firms. Dr. Ahmed bin Abdullah Almeghames, SOCPA Secretary-General, Opened the meeting, spoke about the advantages of merger of accounting firms, touched on some of the ideas that will help in the success of merger, and pointed out the reasons for failure of some mergers. Then some...

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05 Aug 2013

SOCPA applies the International Accounting and Auditing Standards in 2017

During its seventh meeting of the seventh session, held on Thursday 10.09.1434H (18.07.2013), SOCPA Board of Directors agreed to apply the International Accounting Standards, after being approved SOCPA, all at once. The earliest date for application shall be on financial statements of listed entities prepared for financial periods starting at 01.01.2017. For other entities the earliest date for application shall be on financial statements prepared for financial periods starting at 01.01....

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