Services

Assurance Services

Financial Statements Audit and Review

Audit and review of financial statements under the international standards endorsed in Saudi Arabia, meeting the requirements of the Companies Law and of the parties requesting the reports.

  • An independent professional opinion on the annual financial statements with reasonable assurance.
  • Review of interim financial statements with limited assurance.

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Local Content Audit

Independent audit of the local content ratio prepared by the entity's management, and issuance of the report required for the baseline certificate and the periodic reports.

  • An independent auditor approved by the Local Content and Government Procurement Authority.
  • Full separation between the audit track and the advisory track to preserve independence.

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Agreed-Upon Procedures Reports

Performance of specific procedures agreed in advance under International Standard on Related Services 4400 as endorsed in Saudi Arabia, and presentation of the resulting factual findings.

  • A scope designed in agreement with the requesting party and the users of the report.
  • Documented factual findings without an opinion or an assurance conclusion.

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Determining the Right Assurance Engagement

To determine the appropriate engagement, the following is requested: a description of the need or the party requesting the report, the type of statements or subject matter of the engagement, the financial period covered, and the required timeline. After an initial look, HHAB defines the appropriate engagement type, its scope, requirements, and duration.