المملكة: Urgent: The Kingdom leads the Middle East in adopting international standards for accounting

Advertise ifac that the Kingdom of Saudi Arabia is the only country in the Middle East, which adopted all international standards for accounting, audit, behavior and ethics of the profession, and among a few countries around the world that meets the full membership requirements. The organizational authorities in the Middle East and North Africa." align ="center" Class ="twitter-tweet" Data-DNT ="True">

On the sidelines of the IFAC Connect Forum in Riyadh, the

The International Federation of Accountants Federation in his opening speech, CEO Ahmed Al -Maghames, that this achievement was only achieved with the success of God and then with the generous support from the wise leadership -may God protect them -and the solids of national efforts, and the deep belief that the profession is a pillar of transparency, governance and sustainable development, in a way that contributes to achieving the targets of the Kingdom’s vision 2030. and Al -Maghames added: "Today, we meet in this global forum hosted by the authority for the first time in Riyadh under the slogan: Leadership of Transformation and Innovation: Global Priorities, Regional Solutions, and it is expected that it will be resulted in outputs that serve locally, regional and globally". The concerned with the participation of more than 60 leaders, and discussed updates of international standards and challenges related to their application, in addition to ways to enhance the partnership with the International Federation of Accountants to ensure an effective implementation that supports the paths of digital transformation, governance and sustainability. Professionalism and encouraging the adoption of international standards, and reviewing a special report in the Middle East and North Africa region. Addressing the most important challenges facing the profession and opportunities to enhance regional cooperation to overcome it.

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