Dr.
Abu-Ghazaleh Sends a Letter to IFAC in Support of the Syrian Accountants
Association’s Membership
Amman
– The Arab International Society of Certified Accountants (IASCA) convened its
annual Board of Directors and General Assembly meetings in the capital, Amman,
with the participation of a group of professional members from various Arab
countries, under the chairmanship of the IASCA’s Founder and Chairman, H.E. Dr.
Talal Abu-Ghazaleh.
The
meetings featured a tribute to the Founder and Chairman of IASCA in recognition
of his ongoing support and remarkable record of achievements. Vice President
Dr. Ali Al-Hashem delivered a speech of appreciation and presented the Chairman
with a commemorative shield in honor of his contributions to advancing the
profession and supporting its practitioners.
The
meeting also included a review of IASCA’s annual report, financial statements,
and proposed budget, along with discussions on a number of key issues for the
profession, most notably anti-money laundering, counter-terrorism, and the
harmonization of accounting terminology.
Dr.
Abu-Ghazaleh called for continued intensive efforts to encourage Arab countries
to adopt and implement the International Public Sector Accounting Standards
(IPSAS) and to shift from a cash basis to an accrual basis of accounting. He
also emphasized the importance of utilizing the guidance manual prepared by
IASCA, which outlines the transition process and supports the effective
implementation of the standards across the Arab region.
As
part of IASCA’s efforts to support Arab professional associations, H.E. Dr.
Talal Abu-Ghazaleh instructed the Society’s management to prepare a letter from
him personally to the International Federation of Accountants (IFAC) president
in support of the nomination of the Syrian Association of Certified Accountants
for membership. He also directed that all resources of IASCA and Talal
Abu-Ghazaleh Global Digital be dedicated to backing this nomination until full
membership is achieved.
On
the sidelines of the meeting, Ms. Rahma Al-Faouri was honored for obtaining all
the professional certifications awarded by IASCA: the International Arab
Certified Public Accountant (IACPA) qualification, the International Arab
Certified Management Accountant (IACMA) certification, the IFRS Expert
certification, and the IPSAS Expert certification.
It
is worth noting that IASCA was established in 1984 in London, United Kingdom,
as a non-profit professional accounting body, and was officially registered in
Amman in 1994. IASCA aims to advance the sciences of accounting, auditing, and
related fields
at
the international level, while safeguarding the professional independence of
accountants, ensuring their protection, and enforcing professional supervision
standards as a means of elevating the accounting and auditing professions.