Seven Bahrainis Obtain the ACPA Certificate
09 Sep 1994Seven Bahrainis obtained the Arab Certified Public Accountant (ACPA) certificate from among 40 students from eight Arab countries.
The Arab Society of Certified Accountants (ASCA) held a graduation ceremony to distribute the certificates to the first batch of these ASCA graduates. The ceremony began with verses read from the Holy Quran. Then ASCA Chairman Talal Abu-Ghazaleh spoke about his joy of this great accomplishment fulfilled by ASCA to graduate this elite group, which has come after continuous work of ten years.
Abu-Ghazaleh then talked about the significance of this event for the society since it occurred after quite an effort and in order to fulfill a requisite of the Arab world for qualified accountants, because the Arab region needs about one million qualified accountants.
Then Dr. Reema Khalaf, the Jordanian Minister of Industry and Trade spoke, and relayed her happiness to share this special event with the graduates and their acquisition of the highest professional qualification in the field of accounting. She pointed to the significance of the discipline in relation to its contribution to building the economy. She also talked about the contribution of ASCA as the first Arab institution specialized in the area of accounting qualification.
As for Dr. Abed Alkharabsheh, Secretary-General of the Audit Bureau and President of the Auditing Profession Council, he stated the following: “I’m pleased to forward my utmost appreciation to Mr. Talal Abu-Ghazaleh, for inviting me to speak on the accounting profession and its role, particularly in a joyous occasion like this where the first batch of ASCA students are graduating.” He then pointed to the role ASCA is playing as a professional Arab establishment by shouldering the responsibility of qualifying Arab accountants technically and scientifically to work as public accountants, especially since this practice used to be monopolized by foreign institutions.
Alkharabsheh said: “The significance of ASCA’s role is that despite all developments within the law that have taken place in the past four decades, and despite the introduction of advanced accounting systems into the practice and adoption of international accounting criteria, the discipline has still lacked the spirit to adjust quickly to what goes on in the accounting world.”
Afterwards, the ACPA certificates were distributed among the graduates. There were 8 Bahrainis among the graduates as follows: Abdel Aziz Muhsen, Ibrahim Alkwari, Lubna Alhasan, Jamil Ali, Muna Surour, Ali Mohammed and Serhan Serhan.
It is worth noting that Mr. Serhan obtained the highest marks among those who sat for the ASCA examinations.