The Institute of Chartered Accountants of India (ICAI) has agreed to
help the Saudi Organization of Certified Public Accountants (SOCPA) in
its efforts to move toward International Financial Reporting Standards
(IFRS) convergence. ICAI will also be assisting in efforts to improve
SOCPA's Quality Review Program to follow international best practices,
including updating quality review manuals and guidelines, and
conducting training programs.
Source: Institute of Chartered Accountants of India