Exclusion of the ESAA fellowship from the societies qualified for an exemption from the fellowship examinations in the United Arab Emirates
His Excellency the Minister of Economy of the United Arab Emirates issued Decision No. 2-111 of 2022 concerning the rules of fellowship and continuing professional education for auditors registered with the Ministry of Economy.
Under this decision, anyone wishing to practice the auditing profession in the United Arab Emirates must pass three examinations in accounting, auditing, and legislation and taxation. Holders of one of the certificates issued by a limited number of international societies and institutes are exempted from the accounting and auditing examinations.
This decision abolished the remaining institutes and societies that had been accredited under Decision No. 805 of 2018. Accordingly, ESAA members and fellows will not be able to register on the auditors' roster of the Ministry of Economy in the UAE without membership of the UAE Accountants and Auditors Association and passing the three prescribed examinations.