Audit in Saudi Arabia

Whether a company in Saudi Arabia needs an audit depends on its legal form and the rules that apply to it, and banks, investors and the tax authority may ask for audited statements in any case. For a foreign-owned company, the audit also has to satisfy the parent group, which may want the work done to its own timetable and reporting standards.

Several of the listed audit firms declare a licence from the Saudi Organization for Chartered and Professional Accountants (SOCPA). Ask for the licence number of the partner who will sign, check it, and ask how the firm stays independent if it also keeps your books. Ask which standards it audits under, when it needs the trial balance, and whether it can coordinate with your group auditor abroad. A quote should state the fee, the timetable and what is excluded.

Accountanty lists 61 firms offering audit in Saudi Arabia: 39 accounting firms and 22 corporate service providers, of which 34 are small, 23 medium-sized and four part of large networks. Thirty-six focus on foreign clients, and English is offered by 49 and Arabic by 40. See Riyadh, Jeddah, Dammam and Al Khobar, and the Saudi Arabia guide.

Firms offering audit in Saudi Arabia

Sidra Hub

Corporate services provider · Medium-sized firm

Jeddah

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +6 more

Languages: Arabic · English

View profile of Sidra Hub

37 more firms offering audit in Saudi Arabia

Frequently asked questions

Does my company in Saudi Arabia need an audit?

That depends on its legal form and the rules that apply to it. Banks and investors may want audited statements anyway. Ask an adviser to confirm the requirement for your company and its first financial year.

How do I check a Saudi auditor's licence?

Ask for the licence number of the partner who will sign, and the body that issued it. Several firms listed on Accountanty declare a SOCPA licence. Check the number before you sign the engagement letter.

Can the same firm keep my books and audit them?

Ask the firm directly how it keeps the two roles separate. Many owners use one firm for bookkeeping and another for the audit, which avoids the question. Agree this before your first year end.

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General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.