The Role of General Court of Audit in Saudi Arabia’s Fiscal Oversight: Financial Audits and Mechanisms for Good Governance of Public Funds
Public sector accounting in the kingdom of Saudi Arabia is undergoing significant transformation, shifting from cash-based to full-accrual accounting. This shift represents a strategic pillar of Vision 2030, which includes large-scale capital projects. In light of this transformation, financial audits must evolve into proactive tools that identify risks, and help redirect public resources toward citizens’ priorities, rather than solely being passive year-end exercises. In response to these changes, Saudi Arabia’s General Court of Audit (GCA) has taken on an increasingly strategic role in strengthening financial oversight and public accountability.