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Qoyod Honored as Gold Sponsor of the International Accounting Education Conference

Qoyod received a special honor as gold sponsor of the International Accounting Education Conference, in a recognition personally presented by Dr. Ahmed Al-Meghames, CEO of the Saudi Organization for Chartered and Professional Accountants (SOCPA). This sponsorship is an extension of a strategic partnership between Qoyod and SOCPA, and reaffirms the platform’s commitment to supporting the system of professional accounting standards in Saudi Arabia.

Qoyod honored as gold sponsor of the International Accounting Education Conference by SOCPA
Qoyod honored as gold sponsor of the International Accounting Education Conference by SOCPA

Why a gold sponsorship?

Qoyod chose the gold sponsorship tier because it believes the future of the accounting profession is not built inside exam halls alone. Every new accounting graduate will spend most of their time in front of a screen — not a paper journal — and Qoyod’s presence at the conference was an opportunity to introduce students and academics to the modern cloud accounting tools their peers use in the job market.

The philosophy is simple: accounting education tools should keep pace with actual practice, so graduates aren’t shocked by the gap between what they studied and what’s expected of them on day one.

What sets Qoyod’s partnership with SOCPA apart?

This is not the first time Qoyod has collaborated with SOCPA. The platform is designed around IFRS and SOCPA’s local requirements, making it a natural tool for both academic training and professional practice at the same time.

  • Support for recording journal entries according to the double-entry golden rule.
  • Automatic preparation of the trial balance.
  • Issuing complete financial statements with one click.
  • Following the accounting cycle from start to closing.

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The impact of the recognition

The recognition received by Qoyod’s representative from Dr. Ahmed Al-Meghames was a moment of pride, not just for our team, but for everyone working in the Saudi accounting industry. The moment when the academic side meets the technical side means a lot for the profession’s journey, especially amid the rapid shift toward full digitalization under Saudi Vision 2030.

How Qoyod serves you as a business owner

The gold sponsorship is not a marketing slogan. Businesses using Qoyod benefit from a system built around SOCPA-approved standards, which means:

  1. Full peace of mind that your accounting books comply with local requirements.
  2. Easy preparation of the balance sheet and income statement.
  3. Accurate, quick preparation of your tax return.
  4. Smoother communication with the external auditor when reviewing your accounts.

For those looking to develop their daily operations, ready-to-use Qoyod templates and free Qoyod financial calculators are available.

Beyond the recognition

The recognition is a great milestone, but the bigger message is that Qoyod is working today to connect the accounting education system with the actual job market, and that financial sponsorship is just one part of a long-term partnership built on content, tools, and training.

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