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Abu-Ghazaleh: IASCA’s Participation in the World Standard-Setters Conference Reflects our Commitment to Contribute to the Future of the Profession 

Special to TAG-IT-News Agency 

LONDON - The International Arab Society of Certified Accountants (IASCA) participated in the World Standard-Setters Conference (WSS) hosted by the IFRS Foundation in London. The Conference brought together 130 delegates representing 70 countries worldwide.

In the Conference, Dr. Talal Abu-Ghazaleh, IASCA chairman, highlighted the Foundation’s commitment to advancing the accounting profession. He emphasized that IASCA's participation in the Conference aligns with its broader goals and the objectives of international organizations supporting the profession. Dr. Abu-Ghazaleh noted that IASCA's involvement is crucial in shaping the future of accounting. By exchanging practical experiences in adopting and implementing IFRS, IASCA is contributing to the development of the profession and ensuring that the Arab market has access to qualified certified accountants who meet the highest international and national standards.

Leading figures from the IASB and ISSB addressed the Conference, providing updates on their latest initiatives. Prof. Dr. Andreas Barckow, chair of the IASB, and Nili Shah, executive technical director, discussed the IASB's recent activities. Similarly, Sue Lloyd, chair of the ISSB, and David Bolderston, technical director, shared insights into the ISSB's latest developments.

Conference participants engaged in discussions about the IFRS Foundation's activities and participated in interactive question-and-answer sessions with representatives from the IFRS Foundation, IASB, and ISSB. 

The IASB has been hosting this annual conference since 2002. It serves as a forum for national standards-setters worldwide.