ICAI signs Memorandum of Understanding with the
Saudi Organization for Certified Public Accountants
The
Institute of Chartered Accountants of India signed a Memorandum of Understanding
with the Saudi Organization for Certified Public Accountants (SOCPA) yesterday
at ICAI Bhawan, New Delhi.
The
MoU interalia provides that both ICAI and SOCPA would be working together in
establishing possible co-operation in respect of Corporate Governance,
technical research and advice, quality assurance, forensic accounting, issues
for Small and Medium Sized Practices (SMPs) etc.
As
ICAI has taken upon itself being a mentor and collaborative partner to
transition economies, developing of accountancy profession in Saudi Arabia is a
step forward in achieving the desired goal.
Mr.
Mohammad Alaqeel, Assistant Secretary General for Membership and Professional
Development, SOCPA stated “This MoU would be a step forward to strengthen
bilateral relation between India and Saudi Arbia”.
CA.
K Raghu, President, ICAI remarked “This MoU will establish closer working
linkages between ICAI and SOCPA as it will enable the two to draw synergies
from the professional expertise available with each other in areas of
accounting, technical research, corporate governance and alike.”
0 comments:
Post a Comment