In the presence of IFAC
President
AMMAN – The Faculty of
Business at Al-Zaytoonah University of Jordan, in collaboration with the
International Arab Society of Certified Accountants (IASCA), a member of the
Talal Abu-Ghazaleh Foundation (TAG-Foundation), has hosted Mr. Jean Bouquot,
president of the International Federation of Accountants (IFAC) in an academic
and professional meeting. This took place as part of IFAC President’s first official
visit to Jordan and the Arab region, that was organized by IASCA for three
days.
On behalf of HE Dr. Talal
Abu-Ghazaleh, IASCA chairman, Mr. Salem Al-Ouri, IASCA executive director,
alongside the Dean of the Faculty of Business at the University of
Al-Zaytoonah, Prof. Abdul Razzak Shehadeh, as well as deans of various
faculties, academic members and administrative staff, heads of accounting
departments from several Jordanian universities, financial specialists,
undergraduate and graduate students from the faculty had all attended the
meeting.
The participants discussed the
latest global trends in the field of accounting, as well as means of developing
international education standards. This is in addition to mechanisms of
promoting their application in the Jordanian universities to keep pace with
global changes in this field.
For his part, Mr. Bouquot
emphasized the importance of enhancing the skills of new accountants in areas
such as data analysis and Fintech or financial technology, pointing out that
IFAC is committed to supporting and developing educational programs worldwide
to ensure that they align with labor market requirements, especially in light
of the rapid technological changes affecting the profession.
Mr. Jamal Milhem, a member of
the Board of Directors of IASCA and the Palestinian Association of Certified
Public Accountants, has reviewed key challenges the accounting profession faces
in the region, emphasizing the need for close cooperation between academic
institutions and professional bodies to keep up with the rapid developments in
the global business environment.
For her part, Dr. Maha Ayoush,
from the Department of Accounting at Al-Zaytoonah University gave an overview
of the meeting's key points. Additionally, Dr. Osama Sha’ban from the
University of Al-Zaytoonah, Dr. Hussam Wahhab, dean of the Faculty of Business
at Bethlehem University, and Dr. Zeyad Munawer from Birzeit University had
highlighted the development of accounting education in accordance with
international standards, stressing the importance of updating academic
curricula to align with global digital and economic transformations.
In a virtual participation via
the Zoom app., Ms. Michelle Cardwell, IFAC director of accounting education,
reviewed the role of Artificial Intelligence (AI) in the future of accounting,
as well as in improving efficiency and reducing errors in financial accounting
and operations.