The AICPA announced last week that they will be working in conjunction with the Lebanese Association of Certified Public Accountants (LACPA) as part of their commitment to work with their Middle Eastern counterparts. The Institute will look to share their resources promoting professional expertise and enhanced quality of services.

“We’re excited to have a closer working relationship with LACPA and its members,” said Joanne Fiore, the AICPA’s vice president of professional media, pathways and inclusion, in a statement. “The agreements we now have in place allow the AICPA to strengthen and expand the bonds it has formed with accounting organizations in the region.”

The LACPA was founded in 1962 and currently houses 1,750 members. It is the sole nationwide organization representing the accounting profession in Lebanon. Under the new agreements with the AICPA, LACPA members will have access to:

  • A variety of online professional education programs, publications and materials designed by the AICPA
  • Thought leadership from the AICPA’s Journal of Accountancy, with select articles to be published monthly in LACPA’s publication, The Certified Accountant
  • A peer review initiative in the region that will encompass Lebanese, Egyptian and Jordanian CPA firms. As part of this effort, AICPA representatives conducted a peer review training seminar this month in Beirut

“We’re committed to providing professional development opportunities to our members, and our relationship with the AICPA allows us to deepen and expand upon what we already offer,” stated LACPA President Elie Abboud.
The agreements between the AICPA and LACPA were signed in a ceremony earlier this month in Beirut and attended by the Lebanese Minister of Finance and a representative of the World Bank. 

For more on LACPA, head to their site here.