Audit and Assurance

Business operations and compliance depend on accurate financial reporting. With industry expertise and a technology-enabled audit approach, Crowe can help you maintain financial reporting excellence so your stakeholders can have confidence in the integrity of the financial data you report.

Global Audit value proposition

Reputation

• Methodologies and quality assurance programs.

• Streamlined audit processes result in timely financial reporting and disclosure.

Service

• Flexible, well-designed, and risk-based processes.

• Technologies that respond to client needs.

• Prompt identification and communication of issues.

• Timely delivery of results

Insight

• Understanding of complex financial transactions.

• Audit of the effectiveness of internal controls.

• Advice on the convergence of national accounting practices to IFRS.
  

  Our Quality Assurance Processes

  In order to ensure the maintenance of quality and the highest standards for all services provided, all client engagements involve the allocation of highly trained and professional partners and staff that have a professional obligation to plan and participate in a continuing education program, tailored to meet their own needs.
  

   

  Crowe KSA has adopted quality control policies and procedures that apply the requirements of the standards and guidance issued by the International Auditing and Assurance Standards Board (IAASB). 
  
  Crowe KSA applies the Code of Ethics issued by the Saudi Organization for Certified Public Accountants (“SOCPA”) and International Ethics Standards Board for Accountants (IESBA) and those by Institute of Internal Auditors (IIA) for internal auditing and risk consulting assignments.

   

  The elements of our Quality system include:
  
  

  §   Group Code of Conduct;

  §   Independence and Conflict of Interest policy;

  §   Quality Control Policy;

  §   Quality Control Procedures;

  §   Our program of audit and financial reporting training; and

  §   Our audit manual and practical audit resources.
  
  

  Compliance with our Quality system is monitored through procedures which include:
  
  

  §   Internal monitoring and compliance reviews;

  §   Partner and staff appraisals;

  §   Periodic monitoring visits by Crowe Global; and

  §   External regulatory monitoring by relevant authorities.