Arab Today, arab today accounting conference urges arab revised auditing laws
Last Updated : GMT 14:47:46
Arab Today, arab today
Arab Today, arab today

Accounting conference urges Arab revised auditing laws

Arab Today, arab today

Arab Today, arab today Accounting conference urges Arab revised auditing laws

A worker organising fruits in Mubarkia Market
Kuwait - KUNA

Laws regulating the profession of accountants and auditors in the Arab world ought to be revised, and relevant bodies should work together to improve the quality of financial data in order to fend off relevant contradictions, according to recommendations produced by conferees here on Thursday.
Just a la the US SOX Law, a fresh law pertinent to the internal control system should be adopted by Arab countries with a view to cutting accounting and auditing mistakes, the participants in an international conference on accounting and auditing said in a final communique.
The Sarbanes-Oxley Act of 2002 (often shortened to SOX) is a piece of legislation passed by the U.S. Congress to protect shareholders and the general public from accounting errors and fraudulent practices in the enterprise, as well as improve the accuracy of corporate disclosures.
Also, a university educational development department needs to be created with specific and clear-cut goals so as to cope with the requirements of the labor market, they requested.
Furthermore, pieces of legislation bearing on corporate governance should be enacted in the Arab world with the goal of improving the quality and safety of financial data, the conferees recommended.
Organized by Kuwait Association of Accountants and Auditors (KWAAA), the two-day international conference on accounting and auditing, which is the fourth of its kind in Kuwait, concluded here today.
Specialists of accounting and auditing taking part in the sessions of the conference discussed major issues like transparency, disclosure, corruption, accounting education, corporate governance, needs of the labor market and the international criteria of financial reports and their application.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today accounting conference urges arab revised auditing laws Arab Today, arab today accounting conference urges arab revised auditing laws

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday