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2025

24 Jul 2025

SOCPA verifies 2,206 academic and professional certificates

The Saudi Organization for Chartered and Professional Accountants revealed that 2,206 verification processes were conducted on academic and professional certificates submitted by individuals as part of membership registration applications during the first half of 2025, and these verifications resulted in the seizure of 16 irregular certificates. The verification processes were carried out via an electronic system, in cooperation with the official authorities concerned with academic and professi...

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20 Jul 2025

21 indicators to measure audit quality

  The Saudi Organization for Chartered and Professional Accountants stated that audit quality can be measured through 21 specialized indicators, covering various aspects of the audit process, including the level of partner supervision, the expertise of work teams, the use of technology, the use of experts, and the hours of the link performance quality examiner. This comes as part of a guidebook issued by the Organization to support audit firms and practitioners with non-mandatory measur...

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20 Jul 2025

SOCPA adopts the amendments introduced by the International Board to both International Financial Reporting Standar...

  The Saudi Organization of Chartered and Professional Accountants, represented by the Accounting Standards Board, approved the amendments made by the International Accounting Standards Board to both International Financial Reporting Standard No. 9 and International Financial Reporting Standard No. 7 for Accounting and Disclosure of Contracts Related to Nature-Based Electricity.   Amendments to IFRS 9 have added requirements to help assess whether contracts related to nature-bas...

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16 Jul 2025

More than 100 international standards applied in the accounting and auditing profession

  More than 100 international standards applied in the accounting and auditing profession raise the quality of financial reporting and enhance the quality of investment   In a strategic transformation that achieves the efficiency and quality of professional outputs, the Saudi Organization for Chartered and Professional Accountants continued its efforts to supervise the implementation of more than 100 international standards for accounting and auditing. The implemented standards in...

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13 Jul 2025

+9 thousand applicants for professional certificates during the first half of 2025

  The Saudi Organization for Chartered and Professional Accountants recorded an increasing demand for professional certificates during the first half of 2025, as the number of applicants for exams reached 9,119 applicants in various certificates. The fellowship exam topped the list of certificates in terms of the number of applicants, as the number of applicants during the first half of 2025 reached 4,989 applicants, followed by the value-added tax specialist exam with 2,081 applicants,...

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09 Jul 2025

SOCPA earns four ISO certificates

  The Saudi Organization for Chartered and Professional Accountants has obtained four international certificates from the International Organization for Standardization (ISO), as the culmination of the comprehensive institutional development journey, during which SOCPA committed to implementing the international systems ISO 9001 “Quality Management System”, ISO 30401 “Knowledge Management System”, ISO 31000 “Risk Management System”, and 37000 “Go...

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Last Update On: 14 Jan 2025