News - SOCPA

17 Jan 2023

SOCPA Makes Several Amendments to the Liquidation Basis Financial Reporting Standard

Saudi Organization for Chartered and Professional Accountants (SOCPA), represented by the Accounting Standards Board, has made a number of amendments to the Liquidation Basis Financial Reporting Standard: Principles and Requirements for Recognition, Measurement, Presentation and Disclosure." These amendments were based on a survey conducted by SOCPA of the users opinion of the standard more than a year after its issuance.Among the most important amendments to the standard is a num...

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17 Jan 2023

SOCPA Issues the Training Programs Guide for 2023

In light of SOCPA efforts to provide the best training programs that contribute to training in the field of accounting and auditing in public and private sectors and to qualify applicants for SOCPA professional examinations, a comprehensive guide for training programs has been developed to include all programs that SOCPA intends to implement during the year 2023 (1444-1445 AH). It is intended that this guide will contribute to providing the required information about the various training progra...

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04 Jan 2023

The Activities of the International Conference on Accountancy Education Start with Four Panel Sessions

The activities and sessions of the first day of the International Conference on Accountancy Education, organized by Saudi Organization for Professional and Chartered Accountants, commenced in Riyadh, under the patronage of His Excellency, the Minister of Commerce and Chairman of the Board of Directors of the Organization, Dr. Majid Al-Kassabi. The conference addresses, through its sessions throughout the day, a number of research papers for a number of specialists, researchers, professionals and...

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03 Jan 2023

SOCPA Launches the International Conference on Accountancy Education

Saudi Organization for Chartered and Professional Accountants (SOCPA) launched the first International Conference on Accountancy Education on Jan 3,2023 in Riyadh, under the patronage of His Excellency, the Minister of Commerce and Chairman of the Board of Directors of SOCPA, Dr. Majid AlKassabi. The opening ceremony was held in the presence of a number of Excellencies including ministers, presidents, academics, specialists and individuals interested in accounting and auditing. His Excell...

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27 Dec 2022

SOCPA Announces the Names of Certified VAT Specialist

Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who have obtained the VAT Specialist Certificate for the 4th cycle of 2022, wishing them further success in their career.

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19 Dec 2022

SOCPA Holds a Virtual Workshop on Quality Management Standards

Saudi Organization for Chartered and Professional Accountants held a virtual workshop on quality management standards, with attendees exceeding 370. The workshop introduced an overview of quality management standards and the most prominent differences between quality management standards and the previous quality control standard (1), since the quality management standards to be applied in the Kingdom of Saudi Arabia were approved by the Board of Directors of SOCPA. Thus, the accounting offices a...

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