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The Association was established to cope with
the overall economic development in the UAE;
particularly in the field of commerce &
industry which is manifested in the issuance
of all economic legislations such as
Business Law, Central Bank & Commercial
Banks Act, Insurance Companies Law & Law
Business Transactions. As well as many
medium-income UAE nationals are becoming
aware of how to invest their savings and the
establishment of public joint stock
companies, which offer their shares for
pubic subscription and finally the
introduction of the Federal Law No.22 for
the 1995 regarding Organization of Auditors
profession.
As a result of the development in accounting
and auditing profession and the introduction
of obligatory standards on the practitioners
of all business entities and professional
associations. And as there is a trend of
implementing the international standards to
keep pace with developed world. And as there
was no independent body or association to
cater for the affairs of the profession.
As an elite of UAE youth have become aware
of their role to drive the national effort
and to participate in the development of the
process of economic growth and to enhance
the performance in the profession of
accounting and auditing in UAE.
In view of all these considerations, this
group has drafted the statutes of this
association and has it approved by the
concerned government authorities and
accordingly the association was registered
as one of the public association vide
H.E.Minister of Labour and Social Affairs
decision No.227 for the year 1997. The Board
of Directors is pleased to congratulate
nationals, officials, professionals and all
the concerned parties on the registration of
the association hoping that they will soon
join the association to contribute in it and
participate effectively in its activities
and its technical and scientific committees.
Hoping all success and prosperity to our
nation.
The Board of Directors
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