Dr. Hussam bin Abdul Mohsen Al-Anqari, President of the General Auditing Bureau, expressed his gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud, following the issuance of the royal decree approving the new organizational structure of the bureau.
This new structure comes as part of the bureau's efforts to enhance its independence and the quality of its auditing work, aligning with the requirements of Saudi Vision 2030. It aims to achieve effective governance and improve government performance, contributing to increased efficiency within the bureau.
Details of the Event
Al-Anqari clarified that the new organizational structure aligns with the nature of the bureau's work, enhancing the teams' ability to manage resources efficiently and effectively. It also represents a unique model in the public sector, facilitating the application of best professional practices and reinforcing commitment to international auditing and quality standards.
He pointed out that the new structure contributes to empowering national competencies by fostering a culture of performance and maximizing impact across all operations. The bureau relies on specialized audit groups and an intelligent digital system, enhancing its ability to study economic dimensions and develop advanced analytical models.
Background & Context
The General Auditing Bureau was established in the Kingdom of Saudi Arabia to be responsible for auditing public accounts and ensuring the integrity of financial procedures. The bureau has witnessed significant developments in recent years, with its supervisory role being enhanced in line with Saudi Vision 2030.
This step is part of the Saudi government's efforts to improve government performance and enhance transparency and accountability, reflecting the leadership's commitment to developing government institutions and achieving the highest levels of efficiency.
Impact & Consequences
The new organizational structure is expected to enhance the bureau's effectiveness in carrying out its supervisory tasks, positively reflecting on the national development journey. Additionally, improving performance in financial auditing and performance review will assist in achieving the goals of Saudi Vision 2030.
This approach also reflects the government's desire to enhance transparency and accountability in the public sector, which may lead to increased trust in government institutions among citizens and investors.
Regional Significance
This step serves as a model for other Arab countries, where many governments are striving to improve the performance of their supervisory institutions. This experience can inspire neighboring countries to adopt similar models that enhance transparency and efficiency in government work.
In conclusion, the approval of the new organizational structure for the General Auditing Bureau reflects the Kingdom's commitment to enhancing government performance and achieving sustainable development, contributing to the ambitious goals of Saudi Vision 2030.