20,000 jobs for citizens after the launch of the Ministry of Labor and Accountants' professional registration program

The Minister of Labor and Social Development, the engineer Ahmed bin Sulaiman Al Rajhi, launched the professional registration program launched by the Saudi Organization of Certified Accountants in cooperation with the Ministry of Labor and Social Development, which requires that institutions register all employees in the accounting sector in the Kingdom and obtain membership status from the Association of Chartered Accountants, via the website here.

As of 1/1/1441, the ministry will require foreign accountants from accounting profession practitioners as well as complementary or auxiliary professions that they obtain to be accredited to the Authority as the only one. one of the conditions to be met when applying for the issuance and renewal of a work permit and the modification of professions.

The inauguration of this program is in the interest of both parties to verify the scientific qualifications of expatriates, to analyze all accounting functions and to monitor the indicators of occupational exposure, with a view to the localization of the profession.

The Authority will apply the system of verification of scientific and professional certificates issued to the enrollees in the program to ensure the elimination of the use of false certificates. The registration is an acknowledgment by a professional authority concerned with the qualification of registration agents, in order to increase the quality and efficiency of the workers of the profession of accountant and business. audit, in order to achieve the emiratization objectives of the competent authorities.

In March, the Ministry of Labor and Social Development signed a Memorandum of Cooperation with the Saudi Chartered Accountants Organization and the Human Resources Development Fund (HADAF) to nationalize 20,000 accounting professions. in the private sector by the end of 2022 to raise the nationalization rate and stimulate the growth of the accounting sector. With the goals of the National Transformation Program and the vision of the 2030 Kingdom.