Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

KSA signs agreement to bolster accountancy profession  Join our daily free Newsletter

MENAFN - Arab News - 18/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi arabia and united kingdom accountancy bodies signed an agreement here to strengthen the profession in the country.

the institute of chartered accountants in england and wales (icaew) signed the agreement wednesday with the saudi organization for certified public accountants (socpa). as the kingdom continues to lay firm foundations for a more diversified economy a robust financial sector is essential for its sustainable development said vernon soare executive director of the icaew.

speaking at the signing of the memorandum of understanding soare said: 'it is important that home-grown talent continue to support the sector and that we give them the necessary tools to become the leaders of tomorrow."

the agreement was signed by ahmad al-meghames secretary general of socpa and michael izza chief executive of the icaew during an official ceremony at prince sultan university.

in his keynote address soare spoke about international financial reporting standards (ifrs) adoption in europe and the icaew's quality assurance programbr/>


'socpa looks forward to working closely with the icaew in future to develop a number of exciting initiatives and to share experiences and expertise for the benefit of the profession in saudi arabia and across the region. it is essential to establish linkages of this nature so that both bodies will be able to leverage upon each other's strengths" said al-meghames.

both organizations would share their knowledge improve professional and intellectual development and grow their membership.

'this partnership marks a milestone in the kingdom's journey toward creating an accounting and finance sector which can compete with the historical powerhouses of the industry" said izza.

'we are pleased to sign a mutually beneficial alliance with socpa and are looking forward to aligning our visions and sharing our expertise to strengthen and support the development of the accountancy profession in saudi arabia" he said.

according to the agreement the icaew and socpa will share expertise on the accountancy profession both nationally and internationally.

 
 


Arab News




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help