35,000 Beneficiaries of SOCPA Services During Covid-19

35,000 Beneficiaries of SOCPA Services During Covid-19

35,000 Beneficiaries of SOCPA Services During Covid-19

SOCPA continues to provide services electronically during Covid-19 to its members and professionals. SOCPA provided from the beginning of the pandemic to the month of May approximately 35,941 electronic services, including notably professional registration and membership, training courses, and professional meetings.

SOCPA's Secretary-General Ahmed Al Maghames stressed that SOCPA continues to carry out its duties via electronic means. This is in line with the government's safety measures to address Covid-19 and ensure continuity of SOCPA's operations.

At the beginning of the Covid-19 pandemic, SOCPA took a series of initiatives to mitigate the financial and economic impacts of the crisis so as to in support its members and entities licensed to practice accounting and auditing. This came in line with the Kingdom's measures and efforts to deal with Covid-19; this included deferring collection of annual subscription fees of accounting and auditing offices and entities, and not enforcing required CPE hours,

suspension of membership controls with respect to write-off and suspension of membership when defaulting on payment and non-compliance with CPE points, and extension of periods for annual data submission.

Last Update On: 04 Aug 2021