The Agreement entails that the ACPA program shall be accredited at all colleges, institutes and training centers in different Arab countries
DAMASCUS --- June 20, 2009 --- Damascus University and the Arab Society of Certified Accountants (ASCA) signed on June 17, 2009 a Cooperation Agreement to enhance collaboration between the two parties in different fields such as professional qualification and training.
Signing the Agreement were Mr. Talal Abu-Ghazaleh, ASCA president and Dr. Wael Mualla , president of Damascus University.
The parties agreed on considering the Accounting Practice Office at the Faculty of Economy - Damascus University the official body in implementing this Agreement through providing specialized training programs. In addition, the Office will be responsible for conducting training courses in the fields of legal accounting and auditing, workshops as well as seminars to promote ASCA’s Arab Certified Public Accountant (ACPA) program.
Under terms of the Agreement, the Office shall also provide training means, materials and professional staff in the fields of Accounting and Finance.
Moreover, the Agreement entails that the ACPA program shall be accredited at all colleges, institutes and training centers in different Arab countries. In this respect, the University and the Society will cooperate in convening ACPA’s professional examinations in which they will both mutually supervise the process.
The two parties furthermore agreed on promoting and disseminating the professional publications translated into Arabic by ASCA and issued by the International Federation of Accountants, the International Financial Reporting Standards (IFRS) and Wiley.