Businesses in Saudi Arabia will employ international accounting standards. Additionally, Saudi Arabia is attempting to negotiate taxation agreements with a number of nations and is examining a variety of income tax proposals, all of which will necessitate extensive tax preparation on the part of businesses. Additionally, privatization has resulted in the creation of positions in internal control and audit. As a result, the Kingdom is currently lacking in qualified accountants.https://gradschool.alfaisal.edu/mba-accounting-taxation