UAE: The Telecommunications and Digital Government Regulatory Authority (TDRA), represented by the Human Capital Department, obtained the International Public Sector Accounting Standards (CERT IPSAS) certification from the Association of Chartered Certified Accountants (ACCA), one of the leading and globally recognized international organizations in the field of accounting.

TDRA is the first federal entity to obtain such certificate, which reflects the advanced capacities and expertise within TDRA's workforce in the field of finance. It also underscores TDRA's leadership, its dedication to excellence in financial management, and its preparedness to establish new benchmarks for financial transparency and accountability in the public sector.

Commenting on this achievement, H.E. Mohammad Al Kitbi, TDRA Deputy Director General for Support Services Sector, said: “At TDRA, we adhere to the directives of our wise leadership, recognizing that the pursuit of excellence is a continuous journey. Thus, we at TDRA strive to instill a culture grounded in the principles of leadership and excellence across all operational domains. Our success in this endeavor is attributed to the robustness of our national workforce, the teamwork, and an unwavering commitment to realizing TDRA’s highest objectives, in line with "We the UAE 2031" vision, which emphasizes a Forward Ecosystem.”

The International Public Sector Accounting Standards Program (IPSAS), which TDRA has successfully adopted, aims to enhance and support employees’ skills in the field of finance by providing comprehensive guidance on the practical implementation of International Public Sector Accounting Standards, reaching a mastery stage that helps improve financial operations and enhance comprehensive financial management. The program strives to offer a hands-on understanding of the application of these standards, globally acknowledged as benchmarks for financial reporting excellence. Objectives encompass explaining the functions of the International Public Sector Accounting Standards Board (IPSASB) and detailing the developmental methodology. Participants will gain a comprehensive perspective on the widespread utilization of IPSAS across the globe. This global perspective will enable TDRA to align its financial procedures with international best practices, fostering transparency and credibility. It underscores TDRA's dedication to implementing best practices and upholding the utmost standards of financial integrity within the public sector.

It is noteworthy that TDRA's embrace of the "IPSAS" program is part of its steadfast dedication to fostering a culture of ongoing learning and aligning its procedures with international best practices. This commitment extends to the integration of innovation and excellence in financial management, driven by TDRA's recognition of the essential role of financial practices in fulfilling its mission of promoting a prosperous and transparent digital ecosystem.

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Terms:

Association of Chartered Certified Accountants (ACCA): a globally recognized professional accountancy body providing qualifications and advancing standards in accountancy worldwide.

International Public Sector Accounting Standards (IPSAS): a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.

About TDRA:

The Telecommunications and Digital Government Regulatory Authority (TDRA) undertakes the task of supervising the telecommunications and digital government sectors in the UAE in accordance with the Telecommunications Law issued by Federal law by Decree No. (3) of 2003 and its amendments, and in accordance with Decree No. 23 issued on September 27, 2020, amending some provisions of Federal Law by Decree No. (3) of 2003 regarding the regulation of the telecommunication sector, and adding the “digital government” to the functions and name of the authority.

TDRA’s regulatory role is to ensure the provision of distinguished telecommunications services, develop the telecommunications sector, ensure the interests of the parties, apply the relevant policy and regulatory frameworks, develop human resources, and encourage research and development, to ensure the UAE’s leading regional and global position in the telecommunications sector.

In the field of enabling digital transformation, TDRA is responsible for supervising the federal digital government under Law No. 3 of 2011. Since then, TDRA has become responsible for digital transformation at the national level through two strategic goals: enhancing the smart lifestyle, and Leadership in smart technological infrastructure in the UAE.