Professional Membership

A Professional Member is any individual (who is not a chartered accountant) licensed to provide accounting services or zakat and tax accounting services.

Terms


Having a license to provide Accounting Services or Zakat and Tax accounting services.

Members' Obligations


A. compliance with the all the obligations specified in the laws and regulations relating to the accounting and auditing profession.
B- Meeting the requirements of the Professional Performance Quality Control Program.
C. Completing all of the Continuous Professional Education Program (CPE) requirements.
D. Payment of membership subscription fee.

Membership Subscriptions


7,000 SAR per year.
Subscription start date for professional members starts on the first day of the financial year of SOCPA, except for first time registrations or amendments of membership where subscription period equals the remainder of days in the financial year.

Suspension and Cancellation of Membership


If a member does not comply with CPE requirements, his/her membership shall be suspended and they shall be warned that if the requirements are not met, their membership will be cancelled within a year of being suspended. Membership may be reinstated if the conditions causing the cancellation of membership are resolved and the requirements ofIf a member does not comply with CPE requirements, his/her membership shall be suspended and they shall be warned that if the requirements are not met, their membership will be cancelled within a year of being suspended. Membership may be reinstated if the conditions causing the cancellation of membership are resolved and the requirements of the Professional Membership set out in Section (2) of the membership regulations are met.

If a Professional Member does not pay the membership subscription fees:
Their membership will be suspended after 3 months of the payment due date, and they will receive a warning of membership cancellation if the fees are not paid fully within 3 months after suspension.
Cancellation of membership for members who have been suspended for three months and hae not paid the full subscription fees.
Membership may be reinstated if the conditions causing the cancellation of membership are resolved and the requirements of the Full Membership set out in Section (2) of the membership regulations are met.
 the Professional Membership set out in Section (2) of the membership regulations are met.

Membership Certificate


An electronic certificate can be printed online through the member's e-services page .

Benefits


SOCPA grants members many benefits, including the following:

  • Up to 30% discount on fees for Specialized training courses And fees for attending seminars, conferences and professional events organized by SOCPA.

  • "Accountants" magazine, and other free electronic publications including SOCPA's own free professional publications.

  • Discounts at SOCPA's partners and those who grant special discounts on their services to SOCPA's members.

Apply for Membership