2024 - SOCPA

31 Oct 2024

SOCPA Publishes Names of Financial Fraud Examiner Certification Recipients

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is pleased to congratulate those who earned the Financial Fraud Examiner Certification in the first cycle of 2024. We wish them continued success and growth in their professional careers. .To view the list of certification recipients, click here {^widget|(videourl)https%3a%2f%2fyoutu.be%2fCgypEMh8H90|(name)YouTubeVideo|(autoplay)False|(widget_displayname)YouTube+video|(w...

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22 Oct 2024

SOCPA Adopts IASB's Limited Amendments to IFRS 9 and IFRS 7

The Saudi Organization for Chartered and Professional Accountants (SOCPA), through its Accounting Standards Board, has adopted the limited amendments introduced by the International Accounting Standards Board (IASB) to IFRS 9 and IFRS 7. These amendments add several paragraphs to the application guidance in IFRS 9 to reduce inconsistencies in the application of certain standard requirements identified during the review period and to enhance disclosures in line with IFRS ...

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16 Oct 2024

SOCPA and CIMA Sign Collaboration Agreement at Accounting Technologies Conference

On Wednesday, October 16, 2024, the Saudi Organization for Chartered and Professional Accountants (SOCPA) and the Chartered Institute of Management Accountants (CIMA) signed a collaboration agreement on the first day of the Accounting Technology Conference in Riyadh, which runs from October 16 to 19, 2024. The agreement aims to establish the Financial Leadership Program (FLP) to qualify candidates for the Chartered Global Management Accountant (CGMA) designation. CIMA will...

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08 Oct 2024

SOCPA Approves Regulatory Rules for Zakat and Tax Accounting Services

SOCPA has approved new regulations governing Zakat and tax accounting services in coordination with the Ministry of Commerce. This approval stems from Article Nine of SOCPA's regulations (Cabinet Resolution No. 416 dated 25-07-1442H), the Law of the Profession of Accounting and Auditing (Royal Decree No. M/59 dated 27-07-1442H), and its executive regulations (Minister of Commerce Resolution No. 658 dated 14-11-1442H). The approval process also considered the freelance profession re...

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02 Oct 2024

SOCPA Organizes Saudi Accounting Technologies Conference

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is organizing the Accounting Technology Conference under the theme "The Role of Technology and Artificial Intelligence in Advancing the Accounting and Financial Sectors." The event will be held at the Hilton Granada Hotel in Riyadh from October 16 to 19, 2024, alongside the second edition of the Accounting Solutions Hackathon. SOCPA’s CEO, Dr. Ahmad bin Abdullah Al-Moghames, stated that t...

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01 Oct 2024

SOCPA Showcases Publications and Services at Riyadh International Book Fair 2024

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is presenting its latest publications and services at the 2024 Riyadh International Book Fair, held at King Saud University under the theme "Riyadh Reads." Organized by the Literature, Publishing, and Translation Commission, the fair began on September 26 and will run until October 5. SOCPA’s booth provides visitors with an overview of its key publications, professional exams, training programs...

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