Organized by IASCA

AMMAN – The International Arab Society of Certified Accountants (IASCA), a member of Talal Abu-Ghazaleh Foundation (TAG-Foundation), has organized professional meetings for the International Federation of Accountants’ (IFAC) President, Mr. Jean Bouquot, to the Jordan Audit Bureau and the Jordanian Association of Certified Public Accountants (JACPA). These were held as part of three-day official visit of Mr.  Bouquot to Jordan and the Arab region, organized by IASCA.

During his visit to the Audit Bureau, a lecture was delivered by Mr. Bouquot as part of the Bureau’s efforts to enhance the technical capacities of its audit professionals and to share expertise and knowledge in accordance with the best international practices. The lecture titled ‘The Importance of Implementing Accrual-based International Public Sector Accounting Standards (IPSAS)’, was attended by high-level representatives from government oversight bodies, academic institutions, and a group of auditors from the Bureau. An official delegation from  Palestine also attended the meeting as part of their visit to the Hashemite Kingdom of Jordan.

During the meeting, the Audit Bureau President, Dr. Radhi Al Hamadeen, welcomed Mr. Bouquot, whose visit comes in line with the Bureau’s celebrations of its 73rd Anniversary. Afterwards, he gave an overview of the Bureau’s significant role in safeguarding public funds and applying the international auditing standards. He further stressed the need to embrace technology in modernizing oversight tools and methods in accordance with the global best practices.

For his part, Mr. Bouquot underscored the importance of adhering to International Standards, especially the Accrual-based IPSAS, highlighting their crucial role in fostering transparency and accountability.

He went on to emphasize that adopting these Standards plays an essential role in improving planning and decision-making, as well as significantly improving the management of public resources, stating that such practices would effectively promote credibility and to strengthen countries’ standing in the realm of transparency and good governance. 

During the visit to the Jordanian Association of Certified Public Accountants (JACPA) the Association’s efforts in advancing the profession in Jordan and keeping pace with the international best practices and standards were highlighted. That is in addition to the importance of integration between national professional bodies and leading international institutions in the sector.