SOCPA refers unlicensed professional services firm to Public Prosecution
RIYADH — The Saudi Organization for Chartered and Professional Accountants (SOCPA) has detected a commercial establishment advertising professional services without the required license and referred the case to the Public Prosecution after taking the necessary legal measures.SOCPA said preliminary inspection and evidence-gathering procedures found that the establishment had advertised on its…
The Saudi Organization for Chartered and Professional Accountants (SOCPA) has taken action against a commercial establishment that advertised professional services without the necessary license. After conducting preliminary inspections and gathering evidence, SOCPA determined that the establishment had promoted services under its jurisdiction without obtaining the required authorization.
Such conduct is a violation of Article 10 of the Law of the Accounting and Auditing Profession, which specifically prohibits misleading the public by falsely claiming professional authorization when none exists, or when the license is revoked or suspended. SOCPA emphasized that it will persist in its regulatory efforts, taking legal action against any practices that undermine the profession's integrity or deceive the public.
The organization stressed the importance of licensed practitioners adhering to all applicable laws and regulations, and urged consumers to verify the licensing status of service providers before engaging their services. SOCPA also called on individuals to report any suspected violations, in order to safeguard client interests and bolster the overall quality and reliability of professional services.
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