FSA to enhance Omanisation rate in audit teams
Published: 07:10 AM,Oct 31,2024 | EDITED : 11:10 AM,Oct 31,2024
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Muscat: All accounting and audit firms have been told to maintain and enhance the percentage of Omanisation in engagement teams that are dealing with the accounts of government institutions, public authorities, and public joint stock companies to not less the percentage than 50 percent at different levels of participants in the engagement team as January 2025.
A statement from the Financial Services Authority (FSA) added that the Omanisation percentages approved by the Ministry of Labour should be in their other teams.
A statement from the Financial Services Authority (FSA) added that the Omanisation percentages approved by the Ministry of Labour should be in their other teams.