Driving Quality and Development: Middle East and North Africa (MENA) Region SMO Workshop—January 2017
Opportunities, lessons learned, and ongoing challenges in the adoption and implementation of international standards and best practices across the Middle East and North Africa (MENA) region were recently explored during an IFAC Statements of Membership Obligations (SMOs) workshop in Sweimeh, Jordan, on January 21, 2017. The commonalities identified highlighted the importance of, and clear opportunities for, regional collaboration to drive solutions that benefit current and future auditors and accountants.
Participants from over 25 national, regional, and global organizations discussed:
- using best endeavors to adopt international standards;
- effective implementation of quality assurance and investigative and disciplinary mechanisms; and
- developing competencies and enhancing the credibility of the accountancy profession.
The main discussion points and conclusions from the workshop are available, which will be helpful to those working to strengthen professional accountancy organizations (PAOs).