Riyadh: The Saudi Organization for Chartered and Professional Accountants (SOCPA) has obtained ISO 37301 certification for compliance management systems, reflecting its continued efforts to develop its institutional framework and enhance governance and institutional compliance practices in line with the best international standards and practices.
According to Saudi Press Agency, SOCPA obtained the certification after meeting the requirements of the international standard and implementing an integrated compliance management framework. This framework contributes to strengthening adherence to laws, regulations, and policies, supports transparency and the management of compliance-related risks, enhances institutional performance efficiency, and increases stakeholder confidence.
The achievement is an extension of SOCPA's approach to adopting modern management systems and developing an institutional work environment based on continuous improvement, grounded in the principles of quality, governance, knowledge management, risk management, and compliance. This supports its strategic objectives and its mission to regulate and develop the accounting and auditing profession in Saudi Arabia.