Minister of Commerce and Industry Abdullah bin Ahmad Zainal Ali Rida has affirmed that the patronage of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz of the international Saudi Accountancy Conference embodies his keenness on giving an impetus to the Kingdom's development march in all sectors. Addressing the conference's inaugural session here last night, he said the Kingdom is keen on developing accountancy and auditing procedures realizing their great importance in enhancing the components of the national economy. "These are effective means of putting the activities of the establishments under control and making the required information available for taking the proper decisions," he said. Rida noted that the efforts for developing accountancy have been culminated into the approval of a well-defined Chartered Accountants' System, which stipulated the establishment of the Saudi Commission for Chartered Accountants. --MORE
