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2025

15 Oct 2025

SOCPA Accounting Standards Board Removes Additional Requirement for Appointing an Independent Qualified Valuer

The Accounting Standards Board at the Saudi Organization for Chartered and Professional Accountants (SOCPA) has reviewed the previously added requirement mandating the appointment of an independent qualified valuer when applying the revaluation model for property, plant, and equipment or the fair value model for investment property under full International Financial Reporting Standards (IFRS), as well as the corresponding requirement under the IFRS for Small and Medium-Sized Entities. This requi...

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08 Oct 2025

SOCPA Congratulates New Fellowship Certificate Holders for the Second Cycle of 2025

  The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate the professionals who have successfully obtained the Fellowship Certificate in the second cycle of 2025, wishing them continued success in their careers and future endeavors. To view the list of certificate holders, please click here. ​   {^widget|(videourl)https%3a%2f%2fyoutu.be%2f6yMdw6Or_iM|(name)YouTubeVideo|(autoplay)False|(widget_displayname)YouTube+video|(width)4...

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05 Oct 2025

SOCPA Professional Forum Explores Firm Establishment Strategies and Industry Challenges

The Saudi Organization for Chartered and Professional Accountants (SOCPA) held the fourth edition of the SOCPA Professional Forum, as part of its ongoing efforts to promote the exchange of professional expertise and build an integrated accounting community. The forum aims to strengthen communication channels between experienced practitioners in professional firms and certified accountants, in a way that enhances knowledge transfer and reinforces the profession’s role as a key driver of th...

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02 Oct 2025

Closing of the IFAC Connect Forum in Riyadh

The International Federation of Accountants (IFAC) Connect Forum concluded today in Riyadh. Organized by the Saudi Organization for Chartered and Professional Accountants (SOCPA) under the theme “Leading Transformation and Innovation: Global Priorities,” the event brought together more than 800 experts and specialists and 160 leaders from around the world. In his opening remarks at the IFAC Conference, held on the sidelines of the forum, Dr. Ahmad Al-Mughamis, CEO of SOCPA, stress...

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01 Oct 2025

Day Two of IFAC Connect Highlights Regional Session on the Value of Professional Accountancy Organizations with 80 ...

Riyadh, Saudi Arabia – The second day of the IFAC Connect Forum, hosted in Riyadh by the Saudi Organization for Chartered and Professional Accountants (SOCPA), featured a dedicated session that brought together more than 80 experts from professional bodies, regulators, and academic institutions across the Middle East and North Africa to explore the growing role of professional accountancy organizations in advancing the profession. The session opened with welcoming remarks from SOCPA CEO...

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01 Oct 2025

Day Two of IFAC Connect Features IPSASB Roundtable with Stakeholders

Riyadh, Saudi Arabia – As part of the second day of the IFAC Connect Forum, hosted in Riyadh by the Saudi Organization for Chartered and Professional Accountants (SOCPA), the International Public Sector Accounting Standards Board (IPSASB) held a roundtable meeting with nearly 80 experts representing regulatory and professional bodies. The discussions opened with an overview of the Board’s Work Program Consultations, followed by an open dialogue on regional priorities to be conside...

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Last Update On: 14 Jan 2025