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News

13 Apr 2025

CEO Chairs Regional Partnership Meeting to Enhance Sustainability Reporting

His Excellency Dr. Ahmed bin Abdullah Al-Meghames, CEO of SOCPA, chaired the second meeting of the Regional Partnership for Enhancing Sustainability Reporting in Gulf countries and neighboring Arab countries. The meeting took place during the AIM Congress 2025 in Abu Dhabi, with attendance and participation from representatives of international organizations. The meeting included a review of the most prominent and important experiences and challenges in preparing and auditing sustainability repo...

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06 Apr 2025

SOCPA Participates in the IFAC Chief Executives Forum

The "IFAC Chief Executives Forum 2025" was held in Amsterdam from April 3-4, with participation from elite professional leaders from various countries around the world. The forum aims to discuss future challenges and opportunities for the accounting profession, exchange experiences between professional institutions, and explore avenues for international cooperation.  More than 130 representatives from professional and regulatory bodies worldwide participated in the forum. The f...

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28 Mar 2025

SOCPA Publishes Names of New VAT Specialist Certificate Holders

  The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who earned the VAT Specialist Certification in the first cycle of 2025. We wish them continued success and growth in their professional careers. ​    

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27 Mar 2025

SOCPA Publishes Names of Accounting Technician Certification Recipients

  The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who earned the Accounting Technician Certification in the first cycle of 2025. We wish them continued success and growth in their professional careers.   To view the names of certificate recipients, click here   {^widget|(videourl)https%3a%2f%2fyoutu.be%2fsR1LkCEFlIQ|(name)YouTubeVideo|(autoplay)False|(widget_displayname)YouTube+video|(width)425|(height)355...

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04 Mar 2025

SOCPA Shares Its Perspective on Several IFRS Interpretations Committee Projects

The IFRS Interpretations Committee has published two tentative decision drafts regarding inquiries about the recognition of intangible assets resulting from climate-related expenditure, and about assessing indicators of hyperinflationary economies. In both projects, the Committee preliminarily concluded that there is no need to establish requirements in existing standards as they are sufficient to address these inquiries. The Saudi Organization for Chartered and Professional Accountants (SOCP...

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02 Mar 2025

SOCPA Adopts Update on Tax Planning Activities and Services

  SOCPA's Professional Ethics Committee has adopted the update on tax planning activities and services issued by the International Ethics Standards Board for Accountants (IESBA). IESBA's primary goal with this update is to maintain the integrity and relevance of the International Code of Ethics as a cornerstone of stakeholder trust in the accounting profession. The update develops a principles-based framework that utilizes the fundamental ethics principles and established conc...

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Last Update On: 01 Jul 2021