The office designs internal audit systems for all institutions, regardless of their activities. It aims to control internal control so that the company’s funds can be preserved and its rights with others can be preserved by setting the necessary procedures to verify the validity of accounting data and follow-up on the means and procedures by which intentional or unintentional errors can be avoided. And discover the error as soon as it occurs and work to correct it.
The primary objective of examining and reviewing the financial statements is to express a neutral technical opinion on the validity of these statements’ expression of the financial position and business results in accordance with Saudi and international accounting principles.
Shareholders and creditors, as well as governmental and oversight agencies, are often keen to obtain financial statements that have been audited in accordance with auditing standards, whether Saudi or international, and that they are compatible with accounting standards and financial reports, in order to ensure that they fairly and honestly reflect the financial statement.
