In the challenging economic and regulatory landscape of Somalia, businesses are increasingly recognizing the vital role of internal audits in steering their operations towards sustainability and growth. Internal audits provide a critical framework for evaluating and improving the effectiveness of risk management, control, and governance processes. This function is not merely about compliance or financial […]

Introduction In Somalia, a nation striving toward economic stability and development, the role of accountants is pivotal. Accountants contribute significantly to the financial accuracy and strategic planning necessary for businesses and governmental entities alike. This article explores the various roles and the importance of accountants in Somalia’s socio-economic context. 2. Supporting Economic DevelopmentAccountants are at […]