The Zakat, Tax and Customs Authority obtained the “Independent External Quality Assessment” certificate from the Saudi Institute of Internal Auditors, becoming the first government body in the Kingdom to achieve this certificate with the highest rating in “optimizing” maturity level and with a classification consistent with international standards for professional practices of internal audit.
The Authority’s achievement of the highest classification certificate results from its involvement in implementing the best practices to achieve effectiveness in the field of internal audit, in compliance with the highest international standards and practices. In addition to comparing the current situation with international standards and working to update the internal audit charter and the policies and procedures manual in accordance with those standards, the Authority examined the requirements of the 52-standard set of international standards for the professional practice of internal audit.
In addition to enhancing adherence to the policies and procedures, measuring effectiveness and efficiency, and assessing the level of internal audit maturity in comparison to each of the international standards…