Saudi Arabia has stopped profession-change services for 19 accounting professions. All accounting professionals must be registered with SOCPA (Saudi Organization for Certified Public Accountants) in order to renew their Iqama and work permit. Local newspapers reported quoting the Ministry of Labor and Social Developments.
Registration with SOCPA is made mandatory by 01 September 2019 for the below professions.
- Internal Audit Director
- Cost clerk
- Cost Accountant
- Finance Clerk
- General Accountant
- Director, Zakat & Tax Department
- Internal Auditor
- Accounts and Budget Manager
- Senior Financial Auditor
- Director G.A of reviewing
- Director – Financial and Accounting Affairs
- Accounts Auditor
- Accounts auditing technician
- Director – Financial Reporting Department
- General Accounts Technician
- Chief of internal auditing programs
- Financial Audit Supervisor
- Cost Accounting Technician
- Financial Controller
SOCPA registration has been introduced to improve the quality and efficiency of accounting professionals in Saudi Arabia