Skip to main content

(B) Relationship with External Auditors

No: 43037826 Date(g): 1/12/2021 | Date(h): 26/4/1443 Status: In-Force

Translated Document

74-External auditors appointed by the bank play a crucial role in the continuous improvement of the bank’s internal control systems related to their scope of work. Therefore, their work should be complementary to the internal audit unit. This should be coordinated through a defined mechanism and regular meetings (based on the approved internal audit policy) to enable both parties to stay continuously informed about significant concerns. The audit committee must ensure that this coordination is in place and effectively implemented.