Riyadh, Saudi Arabia — Under the theme "The Role of Technology and Artificial Intelligence in Developing the Accounting and Financial Sector," the Saudi Organization for Certified Public Accountants (SOCPA) is set to hold the first-ever Accounting Technologies Conference in Riyadh at the Hilton Granada Hotel, from 16 to 19 October 2024. The conference will be accompanied by the second edition of the Accounting Solutions Hackathon, reinforcing the focus on innovation and delivering advanced technological solutions for the accounting community.

In a press statement, SOCPA CEO Dr. Ahmed bin Abdullah Al-Mughames said the conference represents a pivotal event for the Kingdom's accounting sector, aiming to showcase the latest global technologies and trends shaping the accounting and auditing profession. The conference will feature four panel discussions and 18 specialized workshops focused on the future of the profession amid the technological shifts taking place worldwide.

Dr. Al-Mughames noted that the conference will address the current challenges facing the profession while working to explore suitable solutions, with a lineup of local and international speakers and experts leading the sessions and training workshops, fostering the exchange of knowledge and expertise among participants from the accounting community.

The conference is organized as part of a series of initiatives by SOCPA aimed at supporting and empowering local accountants and auditors by adopting the latest technologies that contribute to developing the Kingdom's financial and accounting sector.

The conference will also be accompanied by an exhibition featuring more than 30 exhibitors from the government sector, accounting firms and accounting-systems companies, giving visitors the chance to learn about the leading solutions and services on offer. A professional consultation corner staffed by a group of experts will also be available to provide advice and guidance to attendees.

The second edition of the Accounting Solutions Hackathon will be held from 17 to 19 October 2024, with 100 competing teams comprising 450 members, supported by 60 mentors and 12 judges. The hackathon aims to explore innovative ideas that could improve the future of accounting through technology.

The conference is held under the sponsorship of Saudi Aramco as strategic partner and the Capital Market Authority as permanent partner, alongside a number of professional partners, underscoring the significant role of institutional collaboration in supporting and developing the Kingdom's accounting sector.

At a Glance

  • Date: 16-19 October 2024.
  • Venue: Hilton Granada Hotel, Riyadh.
  • Organizer: Saudi Organization for Certified Public Accountants (SOCPA).
  • Accompanying event: second Accounting Solutions Hackathon, 17-19 October 2024, with 100 teams, 450 members, 60 mentors and 12 judges.
  • Sponsors: Saudi Aramco (strategic partner), Capital Market Authority (permanent partner).