Document background
The Request For Audit Services document is a crucial instrument used by organizations operating in Saudi Arabia to procure external audit services in compliance with local regulations. It is typically prepared when an organization needs to appoint or change external auditors, whether due to regulatory requirements, end of current auditor tenure, or strategic decision. The document must align with Saudi Arabian legislative requirements, particularly those established by SOCPA, the Companies Law, and where applicable, CMA regulations. It includes detailed specifications of audit scope, timelines, deliverables, and evaluation criteria, serving as both a solicitation tool and a foundation for the subsequent audit engagement. Organizations use this document to ensure transparency in auditor selection while meeting their statutory obligations for external audit under Saudi Arabian law.
