High-quality external audit is fundamental to maintaining stakeholder confidence, regulatory compliance and effective corporate governance. In Saudi Arabia, organisations must comply with the requirements of the Saudi Organization for Certified Public Accountants (SOCPA) and applicable International Financial Reporting Standards (IFRS).

BDO Saudi Arabia provides independent statutory audit services to listed entities, multinational subsidiaries, government-related organisations and large private groups operating in the Kingdom.

Independent and Risk-Based Audit Approach

Our external audit methodology is risk-focused and technology-enabled. We assess financial reporting risks, internal controls and governance structures to deliver an audit that is both technically rigorous and commercially relevant.

• Statutory audit in accordance with SOCPA and International Standards on Auditing
• IFRS-compliant financial statement audits
• Group audit and consolidation reporting support
• Audit of multinational subsidiaries operating in Saudi Arabia
• Internal control evaluation and reporting

Supporting Audit Committees and Boards

We work closely with Audit Committees and Boards of Directors to provide transparent, clear and constructive reporting. Our engagement includes:

• Communication of key audit matters
• Assessment of internal control effectiveness
• Discussion of significant accounting judgements
• Regulatory compliance considerations
• Fraud risk assessment

Capital Markets and Investor Readiness

For organisations preparing for listing or capital raising, robust financial reporting and independent audit assurance are critical. We support entities seeking to strengthen governance, enhance disclosures and align reporting practices with investor expectations.

• IPO readiness and audit support
• Enhanced financial disclosures
• Coordination with global group auditors

Multinational and Cross-Border Expertise

As part of the global BDO network, we coordinate with international member firms to support multinational groups operating in Saudi Arabia. This ensures alignment between local statutory requirements and global reporting obligations.

Why BDO Saudi Arabia

• More than 45 years of presence in the Kingdom
• Deep knowledge of SOCPA and IFRS requirements
• Experienced partner-led engagement teams
• Strong understanding of regulated sectors and Vision 2030 initiatives

When Should You Seek External Audit Support?

• Statutory audit requirement under Saudi regulations
• Expansion of operations or group restructuring
• Preparing for IPO or debt issuance
• Enhancing governance and internal controls
• Entering Saudi Arabia as a multinational subsidiary

Contact Our External Audit Team

To discuss statutory audit or IFRS reporting requirements in Saudi Arabia, please contact our Audit and Assurance team to submit a request for proposal.