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Mavins Saudi Arabia
Expertise / audit

External
Audit & Assurance

Reliable, independent audit is fundamental to building trust with investors, regulators, and stakeholders. In today's environment, audit is not only a compliance requirement—it is a critical component of governance, transparency, and financial credibility. Mavins Saudi Arabia provides external audit and assurance through its licensed partners. The practice is led by Dr. Majed Hamad Al-Bidah, SOCPA, and supported by a senior bench whose experience spans international audit partnership and audit regulation.

Core Capabilities

Statutory Financial Statement Audits (IFRS/SOCPA)
Group Audit & Cross-Border Coordination
Specialized Assurance (Agreed-Upon Procedures)
Review Engagements & Compliance Assurance
Technical Accounting Advisory Support
External Audit & Assurance

Detailed capabilities

How we support you

01

Statutory Financial Statement Audits

Independent financial-statement assurance designed around applicable reporting and statutory requirements.

  • Annual statutory financial-statement audits
  • IFRS and applicable Saudi reporting requirements
  • Group and consolidated financial-statement audits
  • Regulatory and stakeholder reporting support
  • Audit opinions, findings, and management letters

02

Group Audit & Cross-Border Coordination

Coordinated audit execution for groups operating across entities, locations, and jurisdictions.

  • Group audit planning and risk assessment
  • Component-auditor instructions and oversight
  • Consolidation and group-reporting coordination
  • Communication with management and Audit Committees
  • Consistent methodology across participating teams

03

Specialized Assurance

Focused assurance where stakeholders need verification beyond a conventional statutory audit.

  • Agreed-upon procedures engagements
  • Review and limited-assurance engagements
  • Compliance and regulatory assurance
  • Lender and investor verification procedures
  • ESG and other non-financial assurance support

04

Complex Accounting & Audit Support

Technical support for complex reporting matters, transactions, estimates, and audit issues.

  • IFRS and US GAAP technical accounting support
  • Complex transactions, estimates, and judgments
  • Restatements and reporting corrections
  • Audit issue and regulator-interaction support
  • Independent technical second opinions

Who we support

  • Saudi entities with statutory reporting requirements
  • International groups with Saudi components
  • Family enterprises, investors, lenders, and regulated organizations

Engagement outcomes

  • Credible and transparent financial reporting
  • Coordinated local and cross-border audit execution
  • Clear findings and practical management actions