News - SOCPA

09 Oct 2022

SOCPA Shares Its Comments on IAASB Exposure Draft Regarding amendments to ISA 700 and ISA 260

The International Auditing and Assurance Standards Board (IAASB) published an exposure draft regarding narrow-scope amendments to ISA 700 and ISA 260 concerning disclosure of independence requirements when auditing public interest entities (PIEs). The amendments are meant to align audit standards with the amendments the International Auditing and Assurance Standards Board (IAASB) is working on, which aim to set different ethical requirements (including independence requirements) for au...

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05 Oct 2022

SOCPA Organizes a Workshop on IFRS S1 & S2 Drafts

SOCPA, in cooperation with the Ministry of Finance, held in its headquarters on the 5th of October a workshop on International Sustainability Standards (ISS). Many government agencies participated in the workshop, namely the Ministry of Finance, Ministry of Environment Water & Agriculture, Ministry of Investment, Saudi Central Bank, Capital Market Authority, and representatives from accounting firms. The workshop started with a speech by his excellency the CEO of SOCPA, Dr. Ahme...

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29 Sep 2022

Names of new SOCPA fellowship holders for the second cycle of 2022

SOCPA is pleased to congratulate all new holders of its fellowship certificate for the second cycle of 2022. We wish them more success in their careers.

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14 Sep 2022

SOCPA Publishes On Its Website The Full Updated Version Of IFRS 2022

As part of its continuous efforts to support the application of International Financial Reporting Standards in Saudi Arabia, SOCPA has issued the complete updated version of the approved standards for 2022 and made it available on its website. Click here to view the updated full version of the International Financial Reporting Standards for the year 2022.

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11 Sep 2022

"Etikal" Platform – Reliable Online Accounting Services

The Saudi Organization for Chartered and Professional Accountants (SOCPA) has announced that "Etikal" Platform for accounting services is now available. It links both the service requester and the service provider including accounting and auditing firms and chartered accountants. "Etikal" was launched, in cooperation with the technical partner Thiqah in March 2022, on the sidelines of the Global Entrepreneurship Conference. SOCPA has stated that "Etikal" provides v...

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06 Sep 2022

SOCPA Launches Its Accounting Curriculum

In the ceremony to celebrate new holders of professional certificates on Wednesday, August 31, 2022, SOCPA launched its accounting educational curriculum in the presence of His Excellency the Deputy Minister of Education for Universities, Research and Innovation, Dr. Mohammed Al-Sudairi and several guests and officials. This curriculum comes in line with recent developments in the accounting and auditing profession, and it is part of SOCPA's role in supporting the educational process for th...

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