News - SOCPA

20 Dec 2021

SOCPA and Saudi Center for Commercial Arbitration Sign a Joint Cooperation Memorandum

SOCPA and the Saudi Center for Commercial Arbitration (SCCA) signed a memorandum of cooperation aimed at providing alternative means of resolving disputes of project contractors of SOCPA members. The memorandum also serves to raise awareness of arbitration and mediation services and enhance its role in the development of the accounting and auditing sector in the kingdom. The signing ceremony took place at SOCPA headquarters in Riyadh, and SOCPA was represented at the ceremony by its C...

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16 Dec 2021

SOCPA CEO Visits the General Court of Audit

A delegation from SOCPA, headed by H. E. Dr. Ahmed bin Abdullah Al-Meghames, CEO of SOCPA, visited the headquarters of the General Court of Audit (GCA) in Riyadh and was received by H.E. Dr. Hussam Alangari, President of General Court of Audit. The visit began with a tour of the headquarters of the General Court of Audit, followed by the discussion of a number of topics of mutual interest, including discussion on the ways to strengthen cooperation between SOCPA and GCA in various profe...

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14 Dec 2021

SOCPA Participates in the Islamic Finance Consultative Group Meeting

SOCPA, represented by the Accounting Standards Committee, participated in the meeting of the Islamic Finance Consultative Group under the International Financial Reporting Standards Foundation, which was held remotely via Video conference call on Tuesday (30-11-2021). SOCPA was represented by member of the Accounting Standards Committee, Mr. Ahmed Al-shanibar. The meeting agenda included discussion of the Post-implementation Review of IFRS 9―Classification and Measurement and considered...

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13 Dec 2021

Chairman of Jordan Association of Certified Public Accountants visits SOCPA

The chairman of the board of Directors of the Jordan Association of Certified Public Accountants (JACPA), Mr. Hossam Rahal, visited SOCPA's headquarters in Riyadh and was received by SOCPA's CEO, Dr. Ahmed bin Abdullah Al-Meghames, and the Executive Director of Quality of Professional Performance, Mr. Mohammed bin Sulaiman Al-Ghaib. During the visit, they discussed the cooperation between the SOCPA and JACPA in the field of accounting and auditing, and ways to promote closer t...

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12 Dec 2021

SOCPA participates in the Thirteenth Annual Meeting of The Asian-Oceanian Standard-Setters Group

SOCPA, represented by the Accounting Standards Committee, participated in the Thirteenth Annual Meeting of the The Asian-Oceanian Standard-Setters Group (AOSSG), which was held remotely on the 24th of November 2021. Dr. Awad Al-Rahili, vice chairman of the Accounting Standards Committee, and Mr. Ihsan Makhdoom, member of the Accounting Standards Committee, were SOCPA's representatives at the meeting. SOCPA's representatives laid out SOCPA's view on many subjects discussed in ...

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12 Dec 2021

SOCPA Conducts Fellowship Exam for 2140 Applicants in the Third Cycle of 2021

Today Sunday 12th of December marks the beginning of the third Cycle of SOCPA' fellowship exam for 2021 with 2140 examinee, 902 of which are females. The exams were held in 11 cites due to the increase in the number of applicants. Holders of SOCPA's fellowship are exempted from some of ACCA exam subjects and receive a Certified Internal Auditor (CIA) Certification from the Institute of Internal Auditors (IIA). The exam aims to gauge the level of competence of individuals wishing to obt...

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