AMMAN – The Arab Society of Certified Accountants ASCA (Jordan) concluded a professional course for a group of auditors at Jordan Audit Bureau. The course included training on the Audit Manual for the State-Owned Enterprises through which an audit plan and program was set up that enables auditors to collect evidence to issue an opinion on the fairness of the financial statement in conformity with the international audit standards.

The course was held within the framework of implementing the Bureau’s capacity building project funded by the World Bank to develop audit methodologies.

HE Dr. Talal Abu-Ghazaleh highlighted the effort of Jordan Audit Bureau in developing the skills of government employees thanking the Bureau for the confidence in ASCA's work and affirming the readiness of ASCA to serve Jordan Audit Bureau and other Government Institutions.

The graduation ceremony was held in the presence of the Bureau’s President and Secretary General, HE Dr. Abed Kharabsheh and HE Waleed Rahahleh, respectively. Dr. Kharabsheh highly commended the ongoing cooperation between the Bureau and the Society and underlined its pioneering role under the leadership of HE Dr. Talal Abu-Ghazaleh.

During the course, a field audit was implemented to apply the manual to the unified financial statements 2016 of the Jordanian Airports Company, through which all the steps of auditing process were systematically applied, different disclosures were examined, the report of the external (independent) auditor was read, the updated report to form an opinion to be applied to financial statements issued starting from the closing year December 31, 2016 was also reviewed.

Moreover, every participant worked on the analysis of the 2012-2015 financial statements, and defined the most risky accounts.

ASCA (Jordan) continuously seeks to develop the accounting and management sciences and other relating principles that are entirely or partially applied to professional services. It also seeks to develop the level of practice and competence to the highest professional levels by its keenness issuing accounting publications and following up on the latest developments in the audit and accounting professions.