ASCA Holds Its Board Meeting 

(MENAFN Press) ASCA will develop its programs to become electronic and available worldwide and establish a higher council for accountancy

AMMAN --- March 18, 2012 --- The Arab Society of Certified Accountants (ASCA) held its Board meeting at Talal Abu-Ghazaleh Graduate School of Business (TAGSB) with the participation of a Palestinian delegation including head of the Palestinian Accountants and Auditors Association, acting President of Jerusalem University, Dean of the Faculty of Economics and head of the Accountancy Department.

During the meeting, HE Dr. Talal Abu-Ghazaleh, ASCA president, announced that the Society has now become international and its programs will be electronic and in English in addition to Arabic.

He stressed that the aim of this internationalization is that ASCA programs and certificates be accessible by students and professionals in a global level, therefore, ASCA new curriculum will be translated into English and new exam centers will be recognized globally.

ASCA Board endorsed this plan and more branches will be open in Q\tar, Libya, Iraq, Lebanon, Syria, Yemen, Egypt and the KSA in coordination with the accountancy societies and trade chambers at these countries.

Meanwhile, ASCA has started implementing the agreement signed with the UAE Accountant and Auditors Association.

ASCA Board recommended the necessity to coordinate with local societies and professional associations when implementing its training programs taking into account at the same time the national particularity of each country.

Moreover, the Board discussed the development of the professional programs and certificates and approved the development of the certificate of the Arab Certified Internal Auditor and curriculum which will consist of four modules.

The Arab Certified Management Accountant (ACMA) certificate was also discussed.
Meanwhile, ASCA Executive Director Mr. Fahm AlMousa said that the Society has finalized the programs and curriculum adding that it has also finished preparations to conduct the professional qualification program, to acquire the Islamic financing certificate, to be held in April 2012.

HE Abu-Ghazaleh stated that these qualifications will be administered as independent programs under ASCA supervision and they are not qualification certificate for membership at the Society.

Meanwhile, the Board approved the Society's Mobile Application project which enables ASCA members and students to check information, books, procedures, and all the Society's services through their smart phones instead of their computers.

On the other hand, Al Moussa reiterated the Society's keenness to implement accountancy standards in the public sectors in all the Arab countries through letters to be sent to all Arab prime ministers similar to the one sent to Jordanian premier.

He added that AKMS curriculum has been placed as one of the academic courses at several universities in Jordan and work is under process with other universities in the Arab countries.

The number of ASCA students has reached 4500, while officials at Cambridge University are currently in Amman to monitor and revise the exam's procedures since the certificates are not being issued without the approval of the Cambridge International Examinations (CIE)/University of Cambridge.

At the end of the meeting, it was decided to convene ASCA next meeting on September 3, 2012 in Beirut and to invite all specialized societies, associations to attend in a mechanism to establish a higher council of the monitoring Arab entities for the accountancy profession.