The GCC Accounting and Auditing Organization (GCCAAO) signed here on Thursday with UAE Ministry of Economy to prepare a comprehensive auditing program to monitor Quality control standards for CPA firms in the United Arab Emirates. Dr. Mohammed Abdullah Al Abbas, has reiterated in a statement, the importance of the implementation of Practice- monitoring program in the GCC countries for the protection of financial markets and investors funds in GCC countries and promotion of the principles of transparency for the prosperity and economic stability of the countries in the region. The GCC is made up of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman.