CHA HANGES IN OIL GES IN OIL AND AND M MINER INERAL ALS S STATE AUDIT BUEREAU of KUWAIT PRI PRICES CES AND ND ITS EF S EFFECT ON C N CONT NTINOUS NOUS GROWTH TH AND ND THE ROLE LE OF AUDIT ITIN ING G FIRM RMS, S, Ken enya 2016 ---------------------------- ---------------------- ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------------ ------ rd INTOS 3 rd TOSAI worki king ng group up on au n audit dit of e f extr xtracti active e Indu ndustrie tries s annu annual al mee eeting ng Pr Pres esent ented ed by: : Su Sultan n Alen enez ezi and d ha hamad aldahe dahes
INTR INTROD ODUCTION UCTION
Basi Basics cs of calculating of calculating oil oil pr prices ices and reasons and reasons of flu of fluctuations ctuations • Economics factors. - Supply and demand. - Speculation in the oil market. - geopolitical reasons. • Political reasons.
EC ECONOMICS ONOMICS FACT CTORS ORS
EC ECONOMICS ONOMICS FACT CTOR ORS *SPECULATION*
EC ECON ONOMICS OMICS FACTORS ORS
PO POLIT LITIC ICAL AL REASO REASONS NS
The impact of oil price fluctuations on the State of Kuwait and feedback: • OPEC. • Cabinet.
The impact of oil price fluctuations on the State of Kuwait and feedback: • the role of traditional regulatory mechanism through adjusting output until 2014.
The impact of oil price fluctuations on the State of Kuwait and feedback: • Decisions and Decrees.
Analytical reading Crude OIL VS. MINERALS GOLD PRICES – 10 YEARS CRUDE OIL PRICES – 10 YEARS
The role of the State Audit Bureau of Kuwait in partnership and censorship: • Preventive audit. • Detective audit. • Cabinet and National Assembly’s assignments to make studies. • Role of State Audit Bureau of Kuwait in training and awareness.
The role of the State Audit Bureau of Kuwait in partnership and censorship: • Preventive Audit.
The role of the State Audit Bureau of Kuwait in partnership and censorship: • Detective Audit.
The role of the State Audit Bureau of Kuwait in partnership and censorship: • Cabinet and National Assembly’s assignments to make studies.
The role of the State Audit Bureau of Kuwait in partnership and censorship: • Role of State Audit Bureau of Kuwait in training and awareness.
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