The Arab Society of Certified Accountants (ASCA) was established on January12, 1984 as a non-profit professional accounting association at London, UK. It was formally registered in Amman on 24 February, 1994 under the name “The Arab Society of Certified Accountants”.
The notion of establishing ASCA proposed by a group of elite Arab accountants which aims at advancing the profession of accounting, auditing and other related disciplines in the countries of the Arab League. ASCA also aims at maintaining the professional independence and their protection, and the application of professional supervisory measures as a way to elevate the professions of accounting and auditing. It also aims at developing and facilitating the continuous spread and exchange of professional and technical information among accountants by holding conferences, meetings, seminars, training courses, and academic gatherings in addition to.
ASCA has gained a reputable professional position at both the Arab and the international level. Based on its concern for developing accounting and auditing professions in the Arab world to the highest international professional levels, ASCA has started since its inception to monitor laws and legislations related to these professions looking for a role for Arab accountants in international forums. As such, ASCA works at providing the Arab world with Arab accountants with academic and practical qualifications that are at par with established international qualifications. ASCA also keeps pace with economic events, and develops and publishes new financial and business concepts and ideas in order to provide its members and associates with the ability and means to follow up with the latest developments and innovations in their field and to excel in the professions of accounting and auditing.
ASCA was ranked among the top seven accounting societies according to an IAS Plus publication (www.iasplus.com/links/links.htm). This added a regional and international dimension to the designation of “Arab Certified Professional Accountant (ACPA)”.
