
Regulations
Prepare for the SOCPA Regulations paper with practice on commercial law, Saudi commercial regulations, the accounting profession law, and SOCPA's governing framework.
- Practice questions
- 1,000+
- Flashcards
- 90+
USD 9.99 / month

Prepare for the SOCPA Regulations paper with practice on commercial law, Saudi commercial regulations, the accounting profession law, and SOCPA's governing framework.
USD 9.99 / month

Prepare for the SOCPA Zakat and Tax Fellowship with comprehensive practice questions covering Zakat, VAT, excise tax, income tax, real estate transaction tax, and the latest Saudi tax regulations.
USD 24.99 / month

Build a strong understanding of the business environment, including economics, governance, business law, finance, management, and regulatory frameworks through exam-focused practice.
USD 9.99 / month

Prepare for the SOCPA Cost, Managerial, and Governmental Accounting paper: costing systems, budgets, managerial decisions, and accounting for government and not-for-profit entities.
USD 24.99 / month

Prepare for the SOCPA Audit paper with practice on assurance frameworks, planning, evidence, reporting, review engagements, and the international code of ethics.
USD 24.99 / month

Prepare for the SOCPA Financial Accounting paper with practice questions covering the conceptual framework, IFRS as endorsed in Saudi Arabia, financial statement presentation, and the accounting for assets, liabilities, equity, revenue, and group financial statements.
USD 24.99 / month
Browse free practice questions and explanations
Question banks with answer explanations and study tools for each SOCPA subject.
Practice questions are available for Regulations, Zakat and Tax Fellowship, Business Environment, Cost, Managerial, and Governmental Accounting, Audit, and Financial Accounting.
Yes. Try selected questions with answers and explanations without signing up.
Yes. SOCPA questions and explanations are available in English and Arabic.
No. Simulations are single practice exercises, while full mock exams are separate papers inside a course once published.
No. Prepito is an independent platform, and its practice questions are not official past papers.
Prices appear on each subject card and on the pricing page.

SOCPA
A director's contract with the company can be fully disclosed under IAS 24 and still be annulled under Article 27 of the Companies Law, because disclosure and authorisation are separate duties. Who counts as a related party, what the notes must show, when the partners or the general assembly must approve, the auditor's special report in a joint stock company, and how SOCPA's Financial Accounting, Auditing and Laws papers test it.

Audit
An agreed-upon procedures report lists what the practitioner did and what was found, and expresses no opinion and no conclusion. The two standards behind it split most sharply on independence: AT-C 215 requires the practitioner to be independent of the responsible party, while ISRS 4400 (Revised), which SOCPA endorsed, requires it only when a code, law, contract or the engagement terms demand it. The article sets out the engagement, the report, and how CPA AUD and SOCPA Auditing test both.

SOCPA
A merchant whose capital exceeds SAR 100,000 must keep at least an original journal, an inventory book and a general ledger, in Arabic, and keep them with the supporting correspondence and documents for at least ten years; the law that says so dates from 1409H and is still in force. What each book records, when computer records count, how a court treats books that are produced or withheld, the SAR 5,000 to 50,000 fine, and how SOCPA's Laws paper tests it.
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