Saudi Organization for Accountants and Auditors refers two firms to Public Prosecution over unlicensed services

The Saudi Organization for Accountants and Auditors has referred two commercial companies to the Public Prosecution after detecting violations related to the accounting and auditing profession and its branches.

The organization stated that initial monitoring and investigation revealed the two companies had advertised professional services on their websites and social media platforms without obtaining the necessary legal licenses.

The organization clarified that these actions constitute violations under Article 10 of the Accounting and Auditing Profession Law, which prohibits misleading the public by suggesting a person is authorized to practice the profession without a license, or if the license has been revoked or suspended.

The organization affirmed its ongoing efforts to monitor irregular practices and take necessary action against any advertisements or activities that could mislead the public or undermine the integrity and reliability of professional services.

The organization stressed the importance of obtaining proper licenses before offering or advertising professional services, and urged individuals and businesses to verify the licenses of accounting and auditing service providers through the lists published on its official website, and to report any suspicious practices or advertisements through approved communication channels.