The Board of Directors of the Saudi Organization for Chartered and Professional Accountants (SOCPA) has approved, through Resolution No. (3/9) dated 05-07-1447 AH, corresponding to 25-12-2025, amendments to the Governing Rules for Accounting Services and the Governing Rules for Zakat and Tax Accounting Services. These amendments aim to align professional rules with recent legislative changes to the Law of the Profession of Accounting and Auditing and SOCPA's organizational bylaws.
The Board's resolution was issued pursuant to the statutory powers granted to the Board, and following review of Council of Ministers Resolution No. (283) dated 22-04-1447 AH, which amended the definition of "Minister" set forth in the Law of the Profession of Accounting and Auditing and the organizational bylaws of the Saudi Organization for Chartered and Professional Accountants.
The resolution includes amending the definition of "Minister" in Article (1) of both the Governing Rules for Accounting Services and the Governing Rules for Zakat and Tax Accounting Services. The updated definition reads as follows:
"Minister: A minister who is a member of the Council of Ministers, appointed by order of the Prime Minister based on a recommendation from the Council of Economic and Development Affairs."
This amendment aligns with the updated definition of "Minister" in the Law of the Profession of Accounting and Auditing and SOCPA's organizational bylaws. It also strengthens legislative coherence and standardizes regulatory terminology across the various professional rules issued by SOCPA. The amendment is part of SOCPA's ongoing efforts to develop the regulatory framework for accounting professions.
The Board of Directors' resolution can be viewed by clicking here.