Auditing in the banking sector: Its role in enhancing transparency and minimizing financial risks

Auditing in the banking sector: Its role in enhancing transparency and minimizing financial risks

Auditing in the banking sector is one of the main pillars that contribute to regulating banking activities and ensuring that banks comply with financial laws and legislation. Bank auditing is defined as the process of examining and analyzing a bank’s financial and administrative data and records to verify their accuracy and integrity. This includes assessing…