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Saudi Arabia is undergoing significant changes that will require businesses to utilize International Accounting Standards.
Saudi Arabia is undergoing significant changes that will require businesses to utilize International Accounting Standards. Saudi Arabia is also examining a variety of income tax suggestions and is in the process of establishing taxation agreements with a number of nations, all of which will necessitate extensive tax preparation on the part of businesses. This is on top of the audit and internal control roles that have arisen as a result of privatization. As a result, the Kingdom currently has a scarcity of well-trained accountants. https://gradschool.alfaisal.edu/mba-accounting-taxation