Question

Refers to the concept of accounting infrastructure, which encompasses the various environmental factors affecting the issues concerning auditing in a particular country.

Required: Explain the environmental factors that affect the issues concerning auditing in SAUDI ARABIA.

Answer 1

There are various internal and external factors affecting the auditing at any place.

sometimes accounting infra is that much complex that auditor’s lack of competency becomes the affecting factor. Lack of knowledge of software used or some tools designed to conceal the information.

it is found in both either public or private organisation. Having the complete knowledge of the business process and good command over the infrastructure can help out overcoming the various factors.

Lack of timing and test procedures are the other factors also.

so there are numerous factors to be discussed and every field is vast in itself.