← Back to the brief
Saudi Organization for Chartered and Professional Accountants (SOCPA) · Press Release

The Authority Participates in the Second Meeting of the Accounting Standards Advisory Forum – International Accounting Standards Board (ASAF)

الهيئة تشارك في الاجتماع الثاني للملتقى الاستشاري لمعايير المحاسبة - مجلس المعايير الدولية للمحاسبة (ASAF)

No action neededAwareness

SOCPA, represented by its Accounting Standards Board, participated in the second meeting of the Accounting Standards Advisory Forum (ASAF) of the International Accounting Standards Board, held by videoconference on 28 May 2025, represented by Executive Director of Professional Standards Dr. Abdulrahman Al-Razeen. Participants discussed illustrative examples the international board plans to add to certain international standards on how climate-related uncertainty affects their application, and SOCPA's representative proposed the examples be prepared independently of sustainability-standard terminology.

PublishedJune 17, 2025
Effective
GazetteNot gazetted
Original PDF ↗

Saudi regulatory updates, in one morning brief

Bawadir tracks what Saudi regulators issue and delivers what needs your attention each working morning. Your email is all we ask for.

Check out the checklists →

Free. One click to unsubscribe, any time.