The National Council for Economic Development in Libya Recognizes ACPA Certificate

The Arab Certified Public Accountant (ACPA) program was developed in accordance with the accredited accountant qualification curriculum issued by the United Nations Conference on Trade and Development (UNCTAD)

TRIPOLI, LIBYA --- April 7, 2010 --- The National Council for Economic Development in Libya has recently issued its instructions to recognize the Arab Certified Public Accountant (ACPA) certificate issued by the Arab Society of Certified Accountants (ASCA).

In conformity with the Council?s instructions, all accountants and auditors working at the public sector are required to acquire the ASCA qualification.

Moreover, all ACPA holders will be authorized to be enlisted within the certified accountants and auditors at the Libyan Stock Market (LSM).

These instructions were circulated to all public departments by the Council?s Administrative and Financial Affairs Manager.

The Arab Certified Public Accountant (ACPA) program was developed in accordance with the accredited accountant qualification curriculum issued by the United Nations Conference on Trade and Development (UNCTAD). The curriculum consists of eight papers offered in Arabic language except for the eighth paper which is offered in English or French as an additional course.

The ACPA examinations are organized in 36 centers in different major Arab cities. Upon successful completion of the ACPA program, the students attain the ACPA certificate qualifying them to practice professional accounting and auditing in addition to granting them ASCA membership.

ASCA is a global professional non-profit association of accountants, founded in 1984 and dedicated to the promotion of the highest Arab accounting, auditing, ethical standards and capacity building through the institution of globally recognized qualification educational and training programs. ASCA is classified by international specialized houses within the top seven professional accountancy bodies worldwide.

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