News
Abu-Ghazaleh and Kharabsheh sign an extension of the contract for the implementation of the project for enhancing the capabilities of Audit Bureau to train the staff of the Audit Bureau of Jordan all over the Kingdom including both genders
23-Aug-2016
AMMAN- The Arab Society of Certified Accountants (Jordan), chaired by HE Dr. Talal Abu-Ghazaleh, and the Audit Bureau headed by HE Dr. Abed Kharabsheh have signed an extension of the contract for training on the audit methodologies at the Audit Bureau of Jordan.
The signing reflects the continuation of the Bureau’s confidence in the professional potentials of the Society for the implementation of the previous biddings professionally and with high efficiency. Under this contract, the Audit Bureau staff, of both genders, shall be trained on the implementation and application of audit procedures manuals in public companies and the joint venture projects, between the public and private sectors, after the implementation of audit pioneer projects at the public companies, according to the best international standards and practices, taking into account the applicable legislation− in addition to the audit conducted on the major partnership projects between the public and private sectors.
HE Dr. Abu-Ghazaleh stressed that the Society and the Audit Bureau are partners in the implementation of this project, thanking the support of the World Bank, which always focuses on supporting sustainable projects that build capacities.
HE also expressed his thanks to the President of the Bureau, for his prominent role in maintaining the public domain in Jordan through the construction of a staff with high professionalism, pointing to the importance of the project's role in achieving this goal.
He stressed that this agreement represents a continuity of the true partnership between the public and private sectors, that is in line with the directives of His Majesty King Abdullah II, pointing out that education is an ongoing need, that does not stop at a certain point.
It is worth mentioning that the Society has been awarded the tender invited by the Audit Bureau of Jordan and funded by The World Bank to train the staff of the Bureau on the audit on the public companies as well as the projects of partnerships between the public and private sectors. The tender has been extended to include a greater segment of the Bureau’s staff.
About the Audit Bureau:
The Audit Bureau has been established in 1952, under the Audit Bureau Law No. (28) of 1952 to monitor the state revenues, expenses and the manner of expenditure. It continues its active role in the oversight of public funds and ensures the soundness of spending the same according to laws and regulations in force.
About ASCA (Jordan)
The Arab Society of Certified Accountants (Jordan) was established in 1986, as a professional accounting non-profit organization by a group of Arab accountants. It aims to maintain the professional independence of accountants, ensure their protection, and the application of professional supervisory measures as a means to elevate the professions of Accounting and Auditing.
About the World Bank:
It is one of the specialized United Nations agencies dealing with development, and focuses on poverty reduction as a broad goal for all its activities. It focuses its efforts on the achievement of the Millennium Development Goals that have been approved by the United Nations membership in 2000, which aim at achieving sustainable poverty alleviation.