27 February 2017

ICAEW, a leader in the global accounting and finance industry, and the Saudi Organization for Certified Public Accountants (SOCPA) will host Saudi Arabia’s fourth accounting and auditing conference at Al Faisaliah Hotel in Riyadh on 8th March 2017.

Held under the patronage of H.E. Dr Majid Bin Abdullah Al Kassabi, Minister of Commerce and Investment, the theme of the one-day conference is 'Building trust: Shaping the accountancy profession’s contribution to Vision 2030'. The event provides a unique platform for business leaders and finance professionals to understand the role that accountancy can play in the success of Saudi Arabia Vision 2030.

Business, finance and government leaders from across the region and the world are coming together for a focused day of discussion and debate. Discussion themes include:

  • Harnessing the power of Saudi Arabia’s youth: growing the accountancy profession from grassroots
  • Transparency and ease of doing business: a culture for growth
  • IFRS adoption: gearing up for transition
  • Roadmap to successful VAT implementation for Saudi Arabia
  • Creating capacity and encouraging trust: a vision for the audit profession

Commenting on the conference, Michael Armstrong FCA, ICAEW Regional Director for the Middle East, Africa and South Asia (MEASA) said: “The conference is an opportunity to learn from and connect with experts on a variety of topics. It aims to highlight the vital role that can be played by the accounting and auditing profession in supporting the Kingdom’s sustainable economic development as it works towards achieving Vision 2030. We are proud to host this conference with SOCPA and have every confidence it will support the Kingdom’s efforts in creating a robust financial sector.”

Dr Ahmad Almeghames, Secretary General, SOCPA, said: “The sustainable economic development on which achieving Vision 2030 depends will require trust and confidence - and this must be underpinned by the accountancy and finance profession. Only where you can have trust in the numbers can you build a strong economy. We are delighted to be working with ICAEW to support the profession in the Kingdom.”  

Among the speakers confirmed to participate in the conference are:

  • Michael Izza, Chief Executive, ICAEW
  • Vernon Soare, Chief Operating Officer, ICAEW
  • Hans Hoogervorst, Chairman, International Accounting Standards Board (IASB)
  • Ahmadi Hadibroto, Board Member, International Federation of Accountants (IFAC)
  • Dr Abdulrahman Al Humaid, Chairman, Al Bilad Bank and Trustee, IFRS Foundation
  • Dr Ahmad Almeghames, Secretary General, SOCPA
  • Nadeem Yousuf Adil, President, The Institute of Chartered Accountants Pakistan (ICAP)
  • Abdulkarim Al Nujaidi, Director General, Human Resource Development Fund
    Dr Syed Salman Shah, Former Finance Minister, Government of Pakistan
  • Abdulaziz Alfuraih, Vice Governor, Saudi Arabian Monetary Authority (SAMA)
  • Osama Abdul Latif, CEO, YANSAB
  • Walid Abukhaled, CEO Middle East, Northrop Grumman Corporation
  • Esraa Albuti, Manager, International and Transaction Tax Services, EY
  • Hatem Samman, Chief Economist and Economic Advisor, Saudi Arabian General Investment Authority (SAGIA)
  • David Lloyd, Principal , EY
  • Gavin Steel, Partner Capital Markets and Advisory Services, PwC
  • Wael Fattouh, Middle East Partner, PwC
  • Bassam Mohammad Albaqawi, Senior Partner, Bassam Mohammed Albaqawi & Partners
  • Ehsan Makhdoum, Partner, Deloitte
  • Dr Saad Al Mosa, Dean of the College of Business Administration, Prince Sultan University
  • Asher Noor, CFO, Al Touq Group
  • Asad Zain, VP Finance, Olayan Financing Company
  • Khalid Al Garni, Vice President Finance, SABIC
  • Dr Nigel Sleigh-Johnson, Head of Financial Reporting Faculty, ICAEW
  • Alhaitham A. Al-Ghothami, Economic Advisor, General Authority of Zakat and Tax
  • Rupert Pease, Head of Tax, Middle East and South Asia, KPMG
  • Gihad Al-Amri, Partner, BDO KSA
  • Mohammed Al Obailan, Chairman of the Accounting and Auditing Organisation for the Gulf Cooperation Council (GCC)

The conference will take place from 8:00am to 4:00pm on Wednesday, 8th March 2017. Delegate passes are priced at SAR 700 per individual ticket and at SAR 500 per individual ticket for SOCPA and ICAEW members. To register for the conference, please visit

www.socpa.org.sa/Socpa/Conference/Register.aspx

-Ends- 

About ICAEW
1.    ICAEW is a world leading professional membership organisation that promotes, develops and supports over 147,000 chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.

As leaders in accountancy, finance and business our members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. Together we contribute to the success of individuals, organisations, communities and economies around the world.

Because of us, people can do business with confidence.

2.    ICAEW is a founder member of Chartered Accountants Worldwide and the Global Accounting Alliance.

About SOCPA
SOCPA is the leading accountancy body in the Middle East region that is entrusted to promote the accounting and auditing profession and all matters related to the development of the profession and enhance its status in the Kingdom of Saudi Arabia. SOCPA is celebrating its Silver Jubilee this year.

SOCPA is specifically entrusted to review, develop and approve accounting and auditing standards, establish an appropriate quality review program in order to ensure that certified public accountants comply with accounting and auditing standards and the provisions of the CPAs Regulations, establish the necessary rules for SOCPA fellowship certificate examination, organize courses of continuous education, etc.

Media enquiries:
Contact Jamie Douglass, ICAEW press office, on +44 (0)20 7920 8718 or email James.Douglass@icaew.com  
Mutaz Albadri, Mojo PR, on +971 (0)50 570 6785 or email mutaz@mojo-me.com

© Press Release 2017