MoCI convenes second forum to take up challenges facing Auditing profession

Doha, Qatar - The Ministry of Commerce and Industry (MOCI) and the Qatar Association of Certified Public Accountants (QCPA) convened a second forum to tackle the pressing issues confronting the auditing profession. The event convened Assistant Undersecretary for Commercial Affairs at MOCI, Saleh Abdullah Al Mana, QCPA members, the Ministry's Auditors Committee representatives, and professionals from accounting and auditing sectors.

Delegates discussed the foremost challenges and measures being taken to address them, along with the significant hurdles auditors face in executing their duties amidst rapidly evolving economic and technological advancements. They also examined the implications of these changes on professional and regulatory requirements. Ahmed Al Marzouqi, Director of the Corporate Affairs Department at MOCI, emphasized the Ministry's commitment to engaging with key sectors, particularly those integral to the business ecosystem.

He highlighted the importance of addressing the auditing profession's challenges and leveraging specialists' insights to propose actionable solutions that will bolster the profession's advancement and streamline its practice.

Al Marzouqi underlined the critical importance of adhering to statutory procedures and requirements governing the profession to elevate the quality of auditing services, enhance trust, and increase transparency in the business environment. Dr. Talal Sabah Al Abdullah, Secretary of QCPA and a board member, echoed these sentiments, emphasizing the association's dedication to elevating auditing standards, issuing high-quality reports, and fortifying trust in financial disclosures.

The forum facilitated an exchange of views and expertise, with participants deliberating on proposals and practical solutions to the challenges highlighted. They also scrutinized methods to improve communication and interaction channels between auditors and relevant entities, fostering professional partnerships and monitoring emerging challenges. Feedback and proposals were used to guide the development of procedures and policies pertinent to the auditing profession.

The forum's organizers underscored the necessity of continuing specialized meetings, strengthening coordination among MOCI, QCPA, and auditors, and following up on challenges and proposals. These endeavors will help surmount obstacles, enhance professional efficiency, and substantially improve the quality of auditing work and financial report reliability.

This event is part of MOCI's ongoing commitment to fostering dialogue with auditors and professional bodies, strengthening collaborative efforts to advance the auditing profession by identifying challenges and devising suitable solutions. These efforts contribute to the profession's substantial advancement and enhancement of its performance. The second forum builds upon the inaugural gathering held in the first half of 2026.