The International Arab Society of Certified Accountants (IASCA) was established on January 12, 1984 as a non-profit professional accounting association in London, UK. It was formally registered in Amman on February 24, 1994 under the name “The Arab Society of Certified Accountants”.
The notion of establishing IASCA was 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. IASCA also aims at maintaining the professional independence of Arab accountants and their protection, as well as 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.
IASCA has gained a recognized professional position at both the Arab and the international levels. Based on its concern for developing accounting and auditing professions in the Arab world to the highest international professional levels, IASCA has started, since its inception, to monitor laws and legislations related to these professions looking for a role for Arab accountants at international forums. As such, IASCA 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 the latest developments and innovations in their fields and to excel in the professions of accounting and auditing.
IASCA 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 “International Arab Certified Professional Accountant (IACPA)”.