News - SOCPA

06 Sep 2022

SOCPA Launches Its Accounting Curriculum

In the ceremony to celebrate new holders of professional certificates on Wednesday, August 31, 2022, SOCPA launched its accounting educational curriculum in the presence of His Excellency the Deputy Minister of Education for Universities, Research and Innovation, Dr. Mohammed Al-Sudairi and several guests and officials. This curriculum comes in line with recent developments in the accounting and auditing profession, and it is part of SOCPA's role in supporting the educational process for th...

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01 Sep 2022

"SOCPA" Launches a Number of Initiatives at the Ceremony for the Professional Certificates Holders

Under the patronage of His Excellency the Minister of Commerce, Dr. Majid bin Abdullah Al-kassabi, Chairman of the Board of Directors of the Saudi Organization for Chartered and Professional Accountants, on Wednesday evening August 31st 2022, SOCPA held a ceremony for the professional certificates holders for the years 2020 – 2021. It was titled "Our success is a story you can live" and was in the presence of a number of their Excellencies. The celebration began with ...

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30 Aug 2022

Under the Patronage of the Minister of Commerce, SOCPA Celebrates More Than 1,700 New Holders of Professional Certi...

Under the Patronage of H.E the Minister of Commerce, DR. Majid bin Abdullah Al-Qasabi, Chairman of the Board of Directors, SOCPA organized on Wednesday, August 31, 2022, a ceremony celebrating new holders of professional certificates under the title "Our Success Is a Story You Can Live". The ceremony was attended by many officials and guests. The number of the celebrated new holders was 1733, and they have obtained professional certificates after passing the SOCPA fellowship exa...

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18 Aug 2022

SOCPA Publishes a Report on the Reoccurring Inspection Observations Identified Through the Field Inspection of Acco...

SOCPA has published a report on the reoccurring inspection remarks that arose during field inspection work in 2020-2021. The report aims to paint a clear picture of certain aspects of chartered accountants' professional performance to enable firms to prevent the repetition of the mistakes and observations referred to in this report when performing future engagements. SOCPA hopes that firms will apply their Internal self-control systems and evaluate their quality control progr...

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16 Aug 2022

SOCPA Shares Its Comments on the IFRS S2 Climate-Related Disclosures Exposure Draft

The International Sustainability Standards Board (ISSB) has published the second draft of the IFRS Sustainability Disclosure Standard report entitled "IFRS S2 Climate-related Disclosures". After consultation with interested stakeholders, the Accounting Standards Board at the Saudi Organization for Charted and Professional Accountants (SOCPA) prepared a comprehensive comment on what is contained in the exposure draft. In its response, SOCPA pointed out the importance of including in th...

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14 Aug 2022

SOCPA Comments on the First International Standard Draft Reporting Sustainability, "General Requirements for Disclo...

International Sustainability Standards Board (ISSB) published the first international standards draft reporting sustainability "General Requirements for Disclosure of Sustainability-related Financial Information." After consulting with the stakeholders, the Accounting Standards Board of the Saudi Organization for Chartered and Professional Accountants (SOCPA) prepared a comprehensive viewpoint of what was contained in the standard draft. Among the issues that SOCPA has drawn to the In...

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