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  • Part Sixteen: Accounts

    • Article 71

      The Finance Company must apply international accounting standards in the preparation of their accounts and financial statements.

    • Article 72

       1.The Finance Company must provide SAMA with its audited annual financial statements, auditor’s report, and the Boards report at least five business days before its publishing date.
       2.The Finance Company must provide SAMA with its quarterly financial statements and auditor’s report at least five business days before its publishing date.

    • Article 73

      Without prejudice to the requirements of other laws, the Finance Company must establish a website on the World Wide Web (the Internet) and publish its annual financial statements and reports including the following:

       1.Statement of financial postions;
       2.Income statement;
       3.Cash flows statement; and
       4.Boards report.