KHOBAR, Saudi Arabia - Talal Abu-Ghazaleh & Co. International (TAGI), a member of Talal Abu-Ghazaleh Global (TAG.Global), signed an agreement with Manar Al Omran; a Saudi company for industrial scaffolding services, construction formwork services (installation & dismantling).
According to the signed agreement, TAGI will provide the Saudi company with the following services in the field of internal audit in accordance with the international standards on auditing:
1) Establishing an internal audit department, which requires the following:
- Developing an organizational structure for the internal audit department.
- Preparing the Internal Audit manual for the department.
- Preparing a Risk Based internal audit plan for two years.
- Developing a charter for the internal audit department.
- Conducting Internal Audit Engagements.
2) Establishing a compliance department, which requires:
- Developing an organizational structure for the department.
- Preparing working manual.
- Preparing an action plan for compliance management.
3) Corporate Governance
- Developing the charter of the Board of Directors.
- Developing a charter for the Internal Audit Committee.
- Developing the Charter of the Executive Committee of the Board of Directors.
TAGI was selected to conduct this mission attributed to its record of success for more than 47 years in providing the best services for its strategic clients exerting all efforts in helping them to improve and develop their businesses.
It is worth mentioning that Talal Abu-Ghazaleh & Co. International (TAGI) is a global organization for professional services founded in 1972, providing its services through more than 110 offices worldwide covering various fields such as Accounting, Internal & External Auditing, Capacity Building and other Consulting Services.
