In a recent report published on its website, the International Federation of Accountants (IFAC) praised the role played by the Saudi Organization for Auditors and Accountants in the region in order to enhance financial knowledge and develop and advance the accounting and auditing profession. He noted that the authority intends to establish a new center that serves small and medium professional enterprises in the field of accounting and auditing, and will provide them with the opportunity to exchange experiences and information. To move forward in the business environment.The International Federation indicated in its report on the training programs and professional services provided by the authority to those who seek to improve their financial knowledge, while supporting a career ready for the future by providing opportunities to develop and maintain professional skills and capabilities that fit with societal needs. The Secretary-General of the authority, Dr. Ahmed bin Abdullah Al-Maghamis, said: The praise of the International Federation of Accountants (IFAC) for the role provided by the authority, reflects the development reached by the accounting and auditing profession in the Kingdom, and also represents an appreciation for the role played by the authority for the accounting and auditing profession in developing standards and related regulations, and assigning them the exclusive translator in Arabic of the International Financial Accounting Standards (IFRS).
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