Palestinian Association of Certified Public Accountants completed the third phase of Quality Management Program
Palestinian Association of Certified Public Accountants completed the third phase of Quality Management Program
28-01-2025| As a part of PACPA efforts in implementing Quality Management Program and alignment with the requirements of Quality Management Standards issued by International Federation of Accountants (IFAC), PACPA has successfully completed the third phase of Quality Management Program, during the previous phases which was funded by the world bank, PACPA had prepared the Quality Management Manual in accordance with the International Quality Management (ISQM 1+2), which was translated and tailored to member's needs.
This program has focused in identifying the best practices in terms of Quality Management and its implementing mechanisms within the SP/AF, also PACPA conducting training work shop to clarify the required procedures and to provide guidance to SP/AF, these efforts aim to assist in adopting the necessary procedures that comply with the updated Quality Management Standards, PACPA reviewed and evaluated the applied procedures of SP/AF to ensure there compatibility with the quality requirement's, it also provided specialized technical support to its member firm during the implementation process.
This phase which funded by PACPA represents a major step toward completing all phases of Quality Management, PACPA aims to complete the coming phases by issuing awareness and educational guidelines to facilitate the whole process and ensure sustainability through the next up-coming QA phases.