Books ready before the auditor shows up
Audit and compliance support
Finbryn reconciles the books, PBC schedules and IFRS statements a SOCPA-licensed auditor and the Ministry of Commerce's Qawaem filing expect, so fieldwork and good-standing renewals move without delay. Our accounting team prepares audit-ready files from your reconciled books. A SOCPA-licensed auditor performs the audit itself and gives the opinion on your accounts.
Auditor request list
Illustrative client · August 2026
SAR
- Trial balance and general ledger exportDone
- Bank confirmations and statementsDone
- Receivables and payables listingsDone
- Fixed asset register with additionsIn progress
- Accruals and prepayments supportNext
Illustrative. An example of the document, not a client's figures.
Why a Saudi audit request lands on more desks than expected
An audit reaches a Saudi company from several directions at once, not only the shareholders' meeting. The Ministry of Commerce asks for audited financial statements filed through Qawaem to keep a company in good standing. A bank or a growth investor increasingly asks for the same file before extending credit. A MISA-licensed foreign-owned company faces both, plus a Commercial Registration renewal that leans on the same numbers. Finbryn prepares the file behind each of these; the audit itself, and the opinion, comes from a SOCPA-licensed auditor you engage separately.
Building on IFRS, tied to one trial balance
SOCPA has endorsed IFRS, with IFRS for SMEs available to smaller entities, replacing the phased-out Saudi GAAP. We reconcile every bank, card and control account to its statement, then build schedules for accruals, prepayments, fixed assets and intercompany balances that tie straight back to the trial balance an auditor, or a Zakat and tax reviewer, opens first.
Keeping the Zakat and CIT split visible in the same file
Most Saudi companies with a mixed ownership structure carry Zakat on the Saudi and GCC share and corporate income tax on the foreign share as two separate computations. We hold that split in the chart of accounts as transactions post, so the same schedules an auditor reviews already show it, rather than a spreadsheet built after the fact.
Qawaem and the Zakat certificate sit next to the audit
A Zakat certificate only issues once ZATCA sees no outstanding balance, and Qawaem asks for the audited statements themselves. We build both into the same readiness folder, so one organised set of records answers a lender, a tender committee and an auditor instead of three separate scrambles at different points in the year.
For MISA-licensed and multi-entity groups
A MISA-licensed foreign-owned company, or a group with entities in Riyadh, Jeddah or Dammam alongside a parent elsewhere, faces the same Commercial Registration and Qawaem cycle on top of its own reporting calendar. We keep the Saudi entity's file consistent with what its own auditor and the Ministry of Commerce expect, and flag anything a sister entity needs from a local specialist.
Who you contract with
Northlane Solutions Inc. is the US company you contract with under a written engagement covering how your data is handled.
Getting started
Most companies see the biggest benefit starting two to three months before fieldwork or a Qawaem filing date. See pricing for how an audit-readiness engagement is scoped, or book a call to talk through your timeline.
All services
Audit and compliance support: every service
- Audit-ready booksMonthly and year-end books maintained with the support and schedules an external auditor expects to see on day one, so fieldwork starts without a scramble to reconstruct records.
- PBC list managementThe auditor's provided-by-client request list tracked item by item, with documents gathered, organized and delivered on schedule instead of chased down in the final week.
- Working paper preparationSupporting schedules and reconciliations built the way an auditor expects to see them, cross-referenced to the trial balance, so review comments come back with fewer open questions.
- Internal controls documentationFinancial process controls, such as who approves a payment or reconciles an account, written down and walked through with your team, so an auditor or funder can see how the numbers are actually produced.
- SOC readiness bookkeepingFinancial recordkeeping and evidence-gathering support for companies preparing for a service-organization examination, keeping the accounting-side documentation consistent while the technical control work is led by your security team or examiner.
Questions
Frequently asked questions: Audit and compliance support
Does Finbryn carry out the audit itself?
No. We prepare the books, schedules and PBC responses a Saudi audit relies on. A SOCPA-licensed auditor performs the audit and gives the opinion on your accounts.
Do all Saudi companies need an audit?
The Ministry of Commerce requires audited financial statements through its Qawaem platform as a condition of good standing, and many banks, investors and tenders ask for the same file separately.
How does audit preparation connect to our Zakat certificate?
A Zakat certificate only issues once ZATCA sees no outstanding balance on the account, and the same reconciled trial balance an auditor reviews is what we check that position against ahead of a renewal.
Can you support a MISA-licensed foreign-owned company?
Yes. We keep the entity's audit-readiness file consistent with what its Commercial Registration renewal and Qawaem filing expect, alongside its own auditor's request list.
What falls outside audit and compliance support?
We prepare audit-ready books, PBC lists and working papers. We do not perform the audit, give the opinion, or represent your company on a matter of judgement. That sits with your SOCPA-licensed auditor or a ZATCA-licensed tax agent.
How far ahead of a deadline should we start?
Most clients start two to three months before fieldwork or a Qawaem filing date, which leaves room to close reconciliation gaps before the request list lands.
Next step
Talk to the team that would run your books
A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.