The soundness of financial statements of a company is considered an important indicator of the integrity and credibility of a company in relation to presenting the financial position thereof. Consequently, it increases the confidence of investors in data and information provided by such company and allows subscribers to have access to their rights. Therefore, such company shall develop a mechanism to verify soundness and integrity of the financial statements thereof, supervise and audit accounts of such company by the audit committee, and verify independence and integrity of external Auditor.