Financial auditing is a critical service provided by the Office of the Auditor General of Somalia. It involves a thorough examination and evaluation of an organization’s financial records, transactions, and reporting systems.
The primary goal of financial auditing is to ensure the accuracy, completeness, and compliance of financial statements with applicable accounting standards and regulations.
This process helps stakeholders, such as government agencies, investors, and the public, have confidence in the financial transparency and accountability of the audited entity.
Financial auditing plays a pivotal role in detecting and preventing financial fraud, mismanagement, and inefficiencies.