Jordan Association of Certified Public Accountants January , 21, 2017

1. January , 21, 2017
Jordan Association of Certified
Public Accountants
Membership
Qualifications...

2. Overview
Founded in 1987, the Jordan Association of Certified Public Accountants(“JACPA” or
“Association”) enjoys a corporate body as well as financial and administrative
independence that enables JACPA to perform all legal acts required to achieve the
Association’s both long and short term objectives
• JACPA is represented by a Board of directors which is consist of chairman and 8
members, who act as a liaison between the Association and official authorities both
regionally and globally
• In addition to JACPA’s president, the general assembly consisting of 619 members,
is responsible for:
• Approving the Association’s annual report;
• Accrediting annual budgets and financial statements;
• Appointing a Certified Public Accountant (CPA) to audit the Association’s accounts; and
• Election of the Board of Directors.

3. Board of Directors’ Roles & Responsibilities
• Manage the financial and administrative affairs of the
Association
• Firmly establish the roles of professional behavior and
coordinate with the Supreme Commission to adopt audit and
accounting standards
• Form committees from the Board of Directors and manage the
cooperation, health insurance and retirement fund pertaining to
the Association

4. Time line of the Profession
• Prior 1961 there was no regulating law for the
profession.
• profession Regulator law (10/61) was issued in
the year 1961.
• Profession Regulator law (32) for the year 1985
was then issued and set the profession exam.
• JACPA was founded in the year 1987.
• An amended profession regulator Law was issued
in the year 2003.

5. JACPA is member of:

6. SMO’s & Action Plan
• (JACPA) issued its first action plan in October 2011
• We have updated it 2013 & 2014
• Now we update on a biannual since 2014
• Last update was on December 2016

7. International Education Standards (IESs)
Pre-Qualification
Entry Requirements for
Professional Accounting Education
Program(IES 1)
Content of Professional Accounting
Education (IESs 2,3,4)
Practical Experience (IES 5)
Assessment (IES 6)
Post-Qualification
Continuing Professional
Development (IES 7)
Specialization/auditing (IES 8)

16. Thank You