Internal Auditin Saudi Arabia
Risk-based checks on your controls.
In shortFCG delivers risk-based, data-analytics-driven internal audit for businesses in Saudi Arabia, covering internal control reviews, operational and compliance audits and fraud risk management. We act as an independent advisor to the board, audit committee and management.
Internal audit in Saudi Arabia should do more than tick compliance boxes. Our risk-focused, technology-enabled approach, powered by data analytics, evaluates your internal controls, operations and compliance. We act as an independent advisor to your board, audit committee and management — helping you spot emerging risks, strengthen governance and improve how the business runs.
Included
- Risk-based auditsPrioritise high-risk areas and focus audit effort where it matters most.
- Internal control reviewsTest design and operating effectiveness of financial, operational and compliance controls.
- Operational auditsAnalyse processes to improve efficiency and remove redundancies.
- Compliance auditsCheck adherence to laws, regulations, internal policies and industry standards.
- Fraud risk managementIdentify fraud vulnerabilities and support forensic reviews.
Tools
Steps
- Plan
- Test
- Report
- Follow up
FAQ
What does an internal audit cover?
Risk-based audits, internal control reviews, operational audits, compliance audits and fraud risk management, supported by data analytics.
Who does the internal auditor report to?
FCG acts as an independent advisor to your board, audit committee and management.
Is internal audit the same as a statutory audit in Saudi Arabia?
No. A statutory audit is mandatory for every Saudi entity and must be performed by a SOCPA-licensed firm — for FCG clients that is our associate firm Gadwalah CPA. Internal audit is an advisory review of your controls, operations and compliance.
