KSA Audit Red Flags That Indicate Weak Controls
Strong internal controls are a foundation of trustworthy financial reporting and resilient operations in the Kingdom of Saudi Arabia. For audit committees, chief audit executives and senior finance leaders in KSA, spotting early warning signs of weak controls is essential to reduce financial loss, regulatory exposure and reputational damage. Organisations that lack robust internal oversight often engage external specialists such as internal audit consultancy services to design remediation plans and rebuild control confidence. Recent regulatory shifts and sector trends in 2025 make proactive control testing more important than ever. Why controls matter now in KSA Since the corporate governance reforms and new internal audit expectations that took effect for many listed entities, the audit function has become a central assurance provider in Saudi corporates. The Institute of Internal Auditors released updated Global Internal Audit Standards that became effective in January 2025 and requ...