The Board of Directors of the Authority Issues a Resolution Amending the Rules Governing Accounting Services

مجلس إدارة الهيئة يصدر قراراَ بتعديل القواعد المنظمة لخدمات المحاسبة

The Board of Directors of the Saudi Organization for Chartered and Professional Accountants, at its fifth meeting of its tenth session held on 24 December 2023, issued Resolution No. (1/2) introducing three amendments to the Rules Governing Accounting Services: adding a new paragraph (3) to Article Sixteen empowering the committee to consider violations of the rules upon referral from the competent department; adding an opening obligation clause to Article Eleven requiring licensees to comply with its provisions; and amending Article Seventeen to reduce the waiting period for re-licensing after cancellation from five years to three years. These are the first amendments to the rules since their original issuance under Board Resolution No. (4/1) dated 02-09-1443H.

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