​​A Memorandum of Understanding has been signed during The International Conference on Accounting Education between the Saudi Organization for Chartered and Professional Accountants (SOCPA), and the Financial Academy, by the representative of the Academy Mr. Mane Bin Muhammad Al-Khamsan, and the CEO of (SOCPA) Dr. Ahmad Bin Abdullah Al-Meghames.​

 The Memorandum aims to develop the capabilities of the workforce by Introducing certificates and professional courses specialized in the field of accounting and auditing. It also aims to cooperate in the research and translation field, implement studies and consultations, and a number of common areas.​​​