ASCA Holds “Audit and Risk-Based Internal Control” Course at the Audit Bureau

AMMAN --- October 4, 2011--- The Arab Society of Certified Accountants (ASCA) held a specialized course entitled “Audit and Risk-Based Internal Control” at the headquarters of the Audit Bureau. The course was attended by 162 trainees from various ministries and state institutions and departments.

The course was held in implementation of the seminar’s recommendations held by ASCA at the Audit Bureau in relation to the International Public Sector Accounting Standards “IPSASs”.

HE Dr. Talal Abu-Ghazaleh, ASCA Chairman, confirmed the willingness of the Society to hold free-of-charge workshops and courses for the public sector to explain and implement these standards, crystallizing ASCA mission to stabilize accounting and auditing standards and to build capacities through training and qualification.

The course modules focused on the concept of internal control, types of audit, international standards on auditing, evaluation of control environment, internal control reports and audit risks.

Dr. Mustafa Al Barari, President of the Audit Bureau, praised ASCA’s efforts and role in developing the profession and contributing to the free-of-charge training of government institutions’ employees.

Such workshops and training courses contribute to promoting awareness in addition, the adoption of IPSASs provides a consistent accounting reference as they cover the accounts of ministries, state institutions and departments and public companies as well as the calculation of the deficit in the fiscal budget.

From his part, ASCA Manager Mr. Salem Al Ouri stated that other courses will be held for the state employees in cooperation with the Audit Bureau and appropriate relevant arrangements are currently underway.

It is worth mentioning that ASCA continuously seeks to develop accounting and management sciences, as well as all related principles applicable to professional services. ASCA also strives to improve competence and practice and strengthen the code of ethics in accordance with the highest professional standards through the issuance of accounting publications and following up on the recent developments in accounting and auditing.

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