AuditingStatutory audit & Qawaem · KSA
Independent statutory and external audits.
In shortStatutory and external audits in Saudi Arabia are delivered by FCG’s associate firm Gadwalah CPA, a licensed audit firm. Every Saudi entity must be audited by a SOCPA-licensed firm and file its financial statements on Qawaem within six months of year end.
Every entity in Saudi Arabia must have its accounts audited by a SOCPA-licensed firm under IFRS as endorsed in KSA, then file them with the Ministry of Commerce through Qawaem within six months of year end. Our associate firm Gadwalah CPA delivers the statutory audit, with audit liaison and Qawaem filing support.
Included
- Statutory & external auditsIndependent audit of your financial statements under IFRS (KSA) and SOCPA.
- Internal controlsEvaluation of your internal controls as part of the audit.
- Management lettersClear audit observations and recommendations for management.
- Assurance engagementsAssurance engagements carried out in line with approved standards.
- Qawaem filing supportTrial balance mapped to the Ministry template and filed through Qawaem.
Download the KSA guidePDF · 0.5 MB
Steps
- Close
- Audit
- Qawaem
- ZATCA
FAQ
Is an audit mandatory for companies in Saudi Arabia?
Yes. Every entity must have its accounts audited by a SOCPA-licensed firm under IFRS as endorsed in KSA.
When must audited financial statements be filed in Saudi Arabia?
Within six months of year end, through the Ministry of Commerce’s Qawaem portal. The tax or zakat return is due within 120 days of year end. Late filing risks a fine and CR suspension.
How long must accounting records be kept?
Ten years, in Arabic and held in Saudi Arabia.
Who performs the audit?
Our associate firm Gadwalah CPA, a licensed audit firm in Saudi Arabia, with audit liaison and Qawaem filing support.
Source: FCG KSA Business Guide 2026 (general information current to September 2026, not tax or legal advice).
