CAs set up society
10 Nov 1983A NEW professional body has been established for certified accountants in the Arab world. Twenty eight prominent accountants from all over the area met at the headquarters of the Association of Certified Accountants in Lincoln’s Inn, London.
Membership of the new society will be drawn from leading local firms and international firms which operate in the Arab countries.
The idea of a pan-Arab professional body for accountants is not new, but the impetus for this development came following a visit to the Middle East by. Prof. John Small, then president of the Association of Certified Accountants.
Following discussions with practitioners and government representatives in several countries Prof. Small offered the association’s help in launching the new body.
The society will be the first accountancy body in the Arab world which can hold examinations. Previous attempts to set up a professional body have foundered because they could not organize an examination system.
Membership of the new society will be drawn from leading local firms and international firms which operate in the Arab countries.
The idea of a pan-Arab professional body for accountants is not new, but the impetus for this development came following a visit to the Middle East by. Prof. John Small, then president of the Association of Certified Accountants.
Following discussions with practitioners and government representatives in several countries Prof. Small offered the association’s help in launching the new body.
The society will be the first accountancy body in the Arab world which can hold examinations. Previous attempts to set up a professional body have foundered because they could not organize an examination system.
The first president of the society is Mr. Talal Abu-Ghazaleh of Talal Abu-Ghazaleh International, the largest Arab accountancy farm in the Middle East.
Mr. Abu-Ghazaleh, a graduate of the American University of Beirut said after the first meeting: “This is a historic day for the Arab profession. Our ambition is to develop a professional body which will qualify Arab accountants to serve the economies of the Arab world. We are grateful to the association for its support”.
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