Auditors Failures as Gatekeepers in Saudi Arabia: What Happened and How to Avoid it? d

Abstract

This paper discusses the role of auditors in corporate governance. As well as the implications of their failure to fulfil this role. Also, the reasons that led to major pitfalls of accounting in Saudi Arabia. This paper provides measures and suggestions for the Saudi legislator and policymakers which potentially will help prevent other scandals such as the Mobily and Al-Mojil Group cases.