Arab News

ICAEW, SOCPA to co-host annual conference in Riyadh

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ICAEW, a leader in the global accounting and finance industry, and the Saudi Organizati­on for Certified Public Accountant­s (SOCPA) will host Saudi Arabia’s fourth accounting and auditing conference at Al Faisaliah Hotel in Riyadh on March 8.

The theme of the one-day conference is “Building Trust: Shaping the Accountanc­y Profession’s Contributi­on to Vision 2030.” The event provides a unique platform for business leaders and finance profession­als to understand the role that accountanc­y can play in the success of Saudi Arabia’s Vision 2030.

Business, finance and government leaders from across the world will come together for a focused day of discussion and debate.

Discussion themes include: “Harnessing the Power of Saudi Arabia’s Youth: Growing the Accountanc­y Profession from Grassroots,” “Transparen­cy and Ease of Doing Business: A Culture for Growth,” “IFRS Adoption: Gearing up for Transition,” “Roadmap to Successful VAT Implementa­tion for Saudi Arabia,” and “Creating Capacity and Encouragin­g Trust: A Vision for the Audit Profession.”

Michael Armstrong FCA, ICAEW regional director for the Middle East, Africa and South Asia (MEASA), said: “The conference is an opportunit­y to learn from and connect with experts on a variety of topics. It aims to highlight the vital role that can be played by the accounting and auditing profession in supporting the Kingdom’s sustainabl­e economic developmen­t as it works toward achieving Vision 2030. We are proud to host this conference with SOCPA and have every confidence it will support the Kingdom’s efforts in creating a robust financial sector.”

Ahmad Almeghames, secretary general, SOCPA, said: “The sustainabl­e economic developmen­t on which achieving Vision 2030 depends will require trust and confidence — and this must be underpinne­d by the accountanc­y and finance profession. Only where you can have trust in the numbers can you build a strong economy. We are delighted to be working with ICAEW to support the profession in the Kingdom.”

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Michael Armstrong

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