INTERNAL AUDIT VS. EXTERNAL AUDIT: KNOW THE DIFFERENCES

In the evolving landscape of corporate governance, transparency, and accountability, auditing has become a fundamental pillar of business success and regulatory compliance. For organizations operating in Saudi Arabia, understanding the distinction between internal audit and external audit is essential for building robust financial practices, mainta

The financial services sector in Saudi Arabia is undergoing rapid transformation, driven by Vision 2030, regulatory advancements, and digital innovation. However, with these changes come significant operational risks, including cyber threats, regulatory compliance challenges, and internal fraud. Financial institutions must adopt robust operational