Abu-Ghazaleh: We propose to issue a professional certificate in the Arabic language on International Public Sector Accounting Standards (IPSAS)
BEIRUT - The International Arab Society of Certified Accountants (IASCA) Board of Directors and General Assembly held their annual meeting in Beirut under the presidency of HE Dr. Talal Abu-Ghazaleh.
During the meeting, Dr. Abu-Ghazaleh stressed the importance of developing and adopting change as well as addressing the needs of youth in the labor market, pointing out that IASCA is proposing to issue a professional certificate in Arabic on the International Public Sector Accounting Standards (IPSAS) and to amend the professional curriculum of IASCA according to the latest standards.
During the meeting, it was decided to organize a gathering in Jordan through IASCA to include the International Federation of Accountants (IFAC) and Ministries of Finance in the Arab world, in order to encourage governments to adopt IPSAS and show the Jordanian success story.
It was also decided to support the nomination of the accounting experts certified in Lebanon to IFAC membership to issue an English version of the International Arab Certified Public Accountant (IACPA) certificate and to change all exams to online versions.
IASCA is in the process of establishing training centers in Arab countries in cooperation with local accounting societies and universities and in assisting Arab societies to obtain IFAC membership.
Dr. Abu-Ghazaleh generously donated all the membership fees for Sudan to IFAC in order to renew its membership in the Federation.