Official government website of the Government of the Kingdom of Saudi Arabia
How to verify
Links to official Saudi websites end with org.sa

All links to official websites of government agencies in the Kingdom of Saudi Arabia end with gov.sa.

Government websites use the HTTPS protocol for encryption and security.

Secure websites in the Kingdom of Saudi Arabia use the HTTPS protocol for encryption.

IFAC and SOCPA Launch the "Strategic Planning Tools for Professional Organizations" Publication


news
calendar 01 Feb 2026

IFAC and SOCPA Launch the "Strategic Planning Tools for Professional Organizations" Publication

 

The International Federation of Accountants (IFAC), in partnership with the Saudi Organization for Chartered and Professional Accountants (SOCPA), has released the Arabic edition of the updated "Strategic Planning Tools for Professional Accountancy Organizations (PAOs)," titled the "Learning and Continuous Improvement Edition 2025." This release is part of a joint effort to support the development of Professional Accountancy Organizations and strengthen their readiness to keep pace with evolving professional and regulatory landscapes.

The updated edition builds on IFAC's ongoing commitment to supporting Professional Accountancy Organizations worldwide. It aims to help them build more agile and sustainable institutional capacities, reinforce their role in serving the public interest, and raise the standards of governance, accountability, and transparency across the profession.

The new publication takes a comprehensive approach to the strategic transformation of professional organizations. It focuses on enabling them to develop clear strategies grounded in an effective value proposition that reflects member needs and stakeholder expectations. Through practical tools and simplified models, the publication helps organizations define their vision, mission, and strategic objectives, analyze internal and external environments, and engage stakeholders from the early stages to ensure alignment and maximize impact.

The guide also addresses turning strategy into practice through the action plan. It outlines how to develop work plans, identify priority initiatives, allocate resources, and set measurable key performance indicators (KPIs) to support effective implementation and improve follow-up efficiency. The publication completes this pathway by focusing on monitoring and reporting. It promotes continuous assessment, data collection and analysis, and the preparation of periodic and annual reports to enhance transparency and support evidence-based decision-making.

Both parties emphasized that this publication serves as a practical tool for continuous learning and ongoing improvement. It is an important reference for Professional Accountancy Organizations at all levels of institutional maturity, helping them adapt to rapid changes and deliver sustainable value to the profession and society.

The full publication is available on the IFAC website by clicking here.

Read also

سخؤحش

SOCPA Adopts International Ethics Revisions on Using the Work of External Experts

  The International Ethics Standards Board for Accountants (IESBA) has issued revisions to the International Cod...
calendar 01 Apr 2026
سخؤحش

Under the Patronage of H.E. the Minister of Commerce, SOCPA Organizes the Accounting Excellence Forum

Under the patronage of H.E. the Minister of Commerce and Chairman of the Board of Directors of the Saudi Organization fo...
calendar 01 Apr 2026
سخؤحش

SOCPA Adopts International Ethics Standards for Sustainability Assurance

  The International Ethics Standards Board for Accountants (IESBA) (the Board) issued the International Ethics S...
calendar 31 Mar 2026

Last Update On: 03 Mar 2026 02:05 PM Saudi time

Was this page helpful?

0% Some users said yes. 0 Comment

Please tell us why (You can select multiple options)




Me
Comment
For more information, please refer to the Electronic Participation Statement and Subscription Rules
Please tell us why (You can select multiple options)


Me
Comment
For more information, please refer to the Electronic Participation Statement and Subscription Rules