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Recent News in Lebanon

Did you know that the Lebanese Association of Certified Public Accountants now has an application that you can download on iTunes or on Google Play

According to its description, it should contribute to:
– Preserving and promoting the interests of CPAs and the profession itself.
– Serving to improve the transparency of the industry and to maintain the profession’s integrity
– Providing better products for the CPAs, Professionals and the public.
– Ensuring the well-being of LACPA’s members, while upholding the public interest. We believe that this can be assured by:
– Enhancing the services’ quality based on professional competence, integrity, and objectivity.
– Serving as an advocate for, and promoting the public image of, its members.
– Articulating positions on professional and public issues when the expertise of CPAs is relevant.
– Providing the necessary resources for members to thrive in a dynamic, rapidly changing environment.
– Ensuring that LACPA becomes globally recognized by the financial community as a respected institution influencing the concepts and ethical practices of accounting and auditing.
– Providing members with a personal and professional development opportunities in accounting and auditing through education and in association with business professionals and certification.

Lebanon opportunities predicts positive growth, expansion plans, and projects to be completed:
– The government’s overall deficit is forecast to widen to 11 percent of the GDP in 2015, compared to ten percent in 2014, according to World Bank estimates.
– Growth may be between 2 to 2.5 percent in 2015, in the light of BDL’s $1 billion package and remaining liquidity from previous packages
– The performance at the Beirut Stock Exchange (BSE) in 2015 is subject to high correlation between the local and regional political environments and traders’ appetites.
– Real estate activity is expected to remain timid in 2015.
– Despite deceiving tourism figures, investments in the tourism sector will thrive in 2015.
– Malls and supermarket chains will be dynamic in 2015.
– A growing number of web-based TV channels and portals are being launched, announcing an era of interactivity and fast broadcast of information.
– Local farmers will continue filling the gap left by the Syrian conflict.
– Several factories will begin operating and a number of industrial companies will expand their facilities in 2015.
– Public works are forecast to pick up in 2015.

Find out more on Lebanon Opportunities’ website

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