AMMAN – The Arab Society of Certified Accountants (Jordan) / a member of the Talal Abu-Ghazaleh Foundation held its 28th meeting chaired by HE Dr. Talal Abu-Ghazaleh, the Chairman of ASCA Board of Directors, at Talal Abu-Ghazaleh Knowledge Forum (TAGKF).
During the meeting, Dr. Talal Abu-Ghazaleh welcomed the members of the ASCA Board of Directors, particularly its founders and primary supporters for 33 years, and praised the board’s efforts in the development of the Society’s work and activities. The Society is the only rehabilitation, educational and training institution in the region that operates in the field of accounting since 1984.
Dr. Abu-Ghazaleh affirmed that “we always seek to develop accounting and management sciences through this society”, praising the high level of achievements and the efforts of its board of directors and staff.
He also expressed his admiration for the Society’s role and performance in facilitating, developing and funding the translation of all IFRs, ISAs and IPSASs and other translations on the International Federation of Accountants (IFAC).
During the meeting, Mr. Salim Al-Ouri, the Executive Director of the Society, presented the administrative body’s report on its work for the year ending 31 December 2016 as well as the future plans. The report contains information on the increase in the number of members and the privileges of each member, as well as the most important translated, printed and published professional publications including the monthly professional magazine, 2015 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements, 2015 Handbook of International Public Sector Accounting Pronouncements, 2015 Code of Ethics, Abu-Ghazaleh Accounting and Business Dictionary - Second Revised Edition and 2016 Handbook of International Education Pronouncements.
According to the report, the following tenders were implemented:
1) The development of training courses, and Training of Trainers for the Jordanian Audit Bureau, funded by the International Bank
2) The development of audit methodologies in specialized auditing fields for the Jordanian Audit Bureau, funded by the International Bank
3) The course on audit guides for the government-owned enterprises and public-private partnerships for the Jordanian Audit Bureau, funded by the Iinternational Bank
4) The course on ISAs in the public and private sectors for the Jordanian Audit Bureau, funded by the Iinternational Bank
5) Home Pillars Trading Co.
Regarding qualifications and training, the report stated that “31 training and professional courses were held at the Kingdom level with the participation of 328 trainers and trainees. Cooperation and follow-up agreements were signed with different bodies.”
The meeting also included the approval of the report of the administrative body, the final financial statements, the estimated budget and the election of an auditor for the Society.
