Why companies in Saudia Arabia are not implementing IFRS & IAS and hiring those people who do not have any professional qualification.

I agree with answer Mr. Muhammad Zubair HAKIIM KHAn

and thanks

I don't know .....

TThank you for ask me

I with answer Mr fetah

This perception May be based on Your little and very limited vision

KSA needs Practical having Broad vision with Intellectual think, we name it Something like Out of the Box

Any person with Skills and vast experience should be given oppotunity to apply, no matter what qualification, if you have no experience in a field you might mess up.

I With Answer Mr Mohammed Khawaja

Any Place has international companies will ask for professional accountants and will apply the accounting  standards even for themselves or to report to their headquarters.

Not all companies & not all sectors 

There are  some big companies in KSA  are looking for IFRS & IAS 

I think the reasons of not looking  for   IFRS & IAS 

* - High salaries required 

* - Thinking  no need to  IFRS & IAS  qualification 

* -  Unknowing of the importance of  IFRS & IAS 

* - Most companies  local  not global

* - Easy islamic  taxes system 

Are you talking about government sector in Saudi Arabia ?  or private sector ?

I am NOT sure of the status of what you are asking about, but I know that regulated industries like banking and telecom follow the regulations, mandates and guidelines placed by the regulatory organizations for these industries as in the case of commercial banks following SAMA regulations 

Well, May be you've not complete information regarding the recruitment of employees. But I think the multinational companies and well known companies are not practicing as you described.

In other hand

It's simple that professional persons required more salary packages than unprofessional persons.

Unfortunately, some companies don't even know the values, services and benefits of professionals in their firms

This is totally wrong statement, I believe most qualified accountants can be found in Saudi Arabia