Participates in "Reality and Challenges" Conference on Business Environment

26-Sep-2017

26-Sep-2017

AMMAN - The International Arab Society of Certified Accountants (IASCA) took part in the 11th International Professional and Scientific Conference entitled “Reality and Challenges” held in Amman by the Jordan Association of Certified Public Accountants.

As part of IASCA professional responsibility towards certified accountants in Jordan and the Arab countries, it participated in the Conference as a professional partner, emphasizing that its role is integral with professional societies in all Arab countries. IASCA presented visitors to its booth with professional accounting publications.

The Conference was held as a response to the international development and changes in the international standards for preparing financial reports and auditing, and to keep up with such developments so that a certified accountant in the Arab world would be aware and knowledgeable of the latest updates in this field; this would reflect positively on the quality of work and financial data that many entities rely on in making financial and managerial decisions.

The Conference tackled many relevant issues, including  family businesses, “ opportunities and challenges” business integration and combination of financial statements (IFRS 9 and 10), as well as internal audit, capacity building and management skills development.