
RIYADH: Saudi Arabia’s General Court of Audit and South Korea’s Board of Audit and Inspection signed a memorandum of understanding in Seoul on Monday to strengthen cooperation in accounting, auditing, and professional practices.
The agreement was signed by Hussam Alangari, president of the GCA, and BAI chair Choe Jae-hae, with Saudi Ambassador to South Korea Sami Alsadhan in attendance.
The MoU aims to exchange expertise, build professional capacities, and develop manuals for financial, compliance, and performance auditing. Joint workshops and training programs will support these goals.
Alangari said the agreement reflects GCA’s regional and international standing and its role in sharing expertise with member institutions.
Choe emphasized that the MoU will enhance joint work, boost performance efficiency, and improve auditing quality.