AMMAN - The Arab Society Certified
Accountants (ASCA Jordan), a member of the Talal Abu-Ghazaleh Foundation
(TAG-Foundation), has held its 34th Ordinary Assembly meeting, which was
chaired by HE Dr. Talal Abu-Ghazaleh, ASCA chairman.

During the meeting, Dr. Abu-Ghazaleh
commended the efforts exerted by ASCA's Board of Directors, particularly its
founders, for their unwavering support over the past 39 years in enhancing the
Society’s business operations and activities, noting that ASCA remains the sole
organization in the region that has been working as a qualifying, educational,
and training accounting association since its establishment in 1986.

During the session Dr. Abu-Ghazaleh
announced the renewal of the scholarships offered to accountants and graduates
in accounting, commerce, and economics in the Gaza Strip and Palestinian
refugee camps, pointing out that such scholarships came as an extension of the
previous initiative that was launched in 2001 in order to qualify 1000
Palestinian accountants in both the West Bank and Gaza Strip by building their
accounting capacities, in order to bolster this vital sector in the Palestinian
economy by enhancing the skills and knowledge of a greater number of
accountants to address workforce shortages and support businesses.

In his capacity as the Chair of IASCA, Dr.
Abu-Ghazaleh also decided to offer free membership to each individual who
registers with ASCA (Jordan) as the goal of this decision is to promote and
grow ASCA (Jordan)  membership.

Dr. Abu-Ghazaleh further underscored
ASCA's ongoing commitment to advancing accounting, management, and related
fields, commending the level of excellence the Society has attained. He also
praised the dedicated efforts of the Society’s management, staff, as well as
the Board of Directors for their contributions towards this achievement.

Dr. Abu-Ghazaleh also lauded ASCA for its
significant accomplishments throughout 2023, highlighting its role in
facilitating, developing, and funding a diverse array of translated materials
issued by the International Federation of Accountants (IFAC).

Mr. Salem Al-Ouri, IASCA executive
director, delivered the Board’s report on IASCA’s activities for the year
ending on 31/12/2023, along with its future plans. The report highlighted the
benefits offered to the Society’s members and outlined key professional
publications that were translated, printed, and published; including the
monthly professional newsletter.

On the training and qualifications front,
the report highlighted the training courses that were conducted through various
methods, including digital and face-to-face sessions, held in Jordan and  Arab countries. Additionally, the report
underscored the ongoing efforts carried out to strengthen cooperation and
establish collaboration agreements between several entities at both local and
international levels. 

It is noteworth mentioning that the Arab Society
Certified Accountants (ASCA Jordan) consistently endeavors to advance the
fields of accounting and management, along with other related disciplines and
principles applicable to professional services. ASCA also strives to elevate
the standards of competence, practice, and code of conduct to achieve the
highest professional levels. This commitment is demonstrated through its
dedication to promoting accounting publications and its proactive approach to
keep abreast of new and emerging trends in accounting and auditing.