Finance Ministry to draft legislation regulating accounting, auditing professions

The Finance Ministry is working on drafting new legislation to regulate the work of auditors and accountants, head of the ministry’s government accounting department Emad Awad said yesterday, Al Mal reports. “The law would bring the regulation of these professions up to speed with regional best practices,” Awad said. He did not provide any further details on the legislation or when it is expected to see the light.