The Financial Services Authority (FSA) of Oman recently hosted a seminar to discuss regulatory updates and growth opportunities in the accounting and auditing sector. A key focus was the sector’s transformation following Royal Decree No. 20/2024, which transferred the regulation of the profession to the FSA. During the event, the FSA launched a new integrated electronic system to streamline the online licensing and renewal of accounting and auditing firms. Professionals exchanged ideas on topics like auditor responsibilities and professional requirements, aiming to enhance collaboration with the FSA and improve the overall regulatory environment.
Source: premier-brains.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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