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Abu-Ghazaleh Chairs the Virtually Held Annual Meeting of the Arab Society for Certified Accountants
04-Aug-2020
AMMAN – The Arab Society for Certified Accountants (ASCA) held its annual meeting remotely chaired by HE Dr. Talal Abu Ghazaleh, founder and chairman of ASCA Board of Directors.
During the meeting, attended by ASCA Board members and General Assembly, Dr. Abu-Ghazaleh stated that this is the first time in the history of the Society to hold its annual meeting online, in order keep pace with the changes imposed by outbreak of Coronavirus (COVID-19) pandemic which limited travelling, commutation, and real time (face-to-face) meetings.
Dr. Abu-Ghazaleh added that ASCA always seeks to adapt to recent developments, indicating that it has been previously announced that the Society is ready to digitally transform its services and activities.
ASCA provides its services to all professionals through its own E-Systems, such as the electronic exams system, the digital training platform, and the set of publications and professional digital syllabus issued by ASCA.
During the meeting, the balance sheet and the estimated budget were reviewed, and approved, and a vote was taken to assign the auditor for the financial year ending on 31/12/2020.
Members of the Board of Directors and the General Assembly from different countries, including the UK, Lebanon, Egypt, Palestine, Saudi Arabia, the United Arab Emirates, Syria, Iraq, Qatar, Yemen, Bahrain, and Sudan, in addition to Jordan participated in the voting process.
The annual report of 2019 was reviewed along with the services and activities, which were provided during the year, as well as the cooperation agreements concluded with a large group of government bodies, universities, and training institutions in various Arab countries, in addition to the conferences, seminars, workshops, and job fairs ASCA participated in. Moreover, ASCA’s ongoing activities were also reviewed.
Additionally, the attendees discussed ASCA’s plan to establish a new database for the professional certificates it provides, to be incorporated in its electronic examination system. ASCA is also working on the application of a new system to define the training needs, and measure the impact of training of the electronic exam system on companies, banks, and other beneficiaries of its programs and courses.
It is noteworthy that ASCA aims at enhancing the accountancy and auditing sciences, and other relevant subject matters on the international level, in addition to maintaining the financial independency of accountants and guaranteeing their protection, and the adoption of the professional supervision criteria on them in order to enhance the accountancy and auditing professions.