In deferent countries, there are organizations,regulations and auditing standards have been established, promulgated and enactedto fight fraud and such misbehavior. For example in USA, SAS 1 states,the responsibility of auditors in detecting fraud andFederal legislation also addresses the issue of auditor responsibility.

Required:

Provide a report about organizations, regulations and professional standards that have been established inKingdom of Saudi Arabia in response to fraud and such misconducts whether in government or private sectors