News
IASCA Participates in the 10th Annual Forum of GCCAAO: “A Profession without Borders”
29-May-2016
Kuwait– The International Arab Society of Certified Accountants (IASCA) took part in the 10th Annual Forum of GCC Accounting & Auditing Organization (GCCAAO): held under the slogan “A Profession without Borders” with focuses on the role of regional and international professional organizations in the advancement of the accounting profession, definition of factors to contribute in its development and quality assurance in accounting education.
The forum gathered many elite figures in the accounting and audit profession, including representatives of the International Federation of Accountants (IFAC), the Institute of Chartered Accountants in England and Wales (ICAEW), a member of Professional Accountants in Business Committee of IFAC and Division President-Sub-Saharan Africa at MasterCard Worldwide Middle East & Africa Region, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), management of GCCAAO and the National Authority of Qualifications & Quality Assurance for Education & Training (QQA) in Bahrain.
Ms. Kelly Anerud, Director of Intellectual Capital IFAC touched on the Arabic translation of IFAC publication, means to further increasing their visibility and awareness around them and pointed out the importance of the role that Middle East partners play in supporting such projects.
Ms. Anerud also highlighted IASCA’s focal role in translation of IFAC publication into Arabic, making them accessible to non-English speakers. By doing so, IFAC insures proper, easy and in-depth understanding of the content of such publications, advancing audit and accounting profession and facilitating their application and use.
In addition to IASCA’s role in approaching decision makers in the Arab region and the Middle East to support application and adaptation of the International Public Sector Accounting Standards (IPSAS) and replicating Jordan’s experience in neighboring countries through regional and international activities of IASCA.
The International Arab Society of Certified Accountants (IASCA) was established on January 12, 1984 as a non-profit professional accounting association in London, UK. It was formally registered in Amman on February 24, 1994. IASCA aims at advancing the profession of accounting, auditing and other related disciplines internationally. It also aims at maintaining the professional independence of accountants and their protection, as well as the application of professional supervisory measures as a way to elevate the professions of accounting and auditing.