IIA Oman and UAE bodies sign MoU to promote internal auditing in Oman

May 26, 2019

The Institute of Internal Auditors-Oman (IIA-Oman) and UAE Internal Auditors Association (UAE-IAA) have signed a memorandum of understanding (MoU) with a validity of three years, a press release said.

The agreement will facilitate both the organisations’ go in for joint cooperation and promotion, and also to work for professional honing of auditing skills of their members.

The MoU has been signed by the heads of both IIA-Oman and UAE-IAA. IIA-Oman is the only professional chapter for internal auditors in the sultanate sponsored by the College of Banking and Financial Studies.

Muneer al Mughairy, president of IIA-Oman, said: “IIA Oman is committed to serve internal audit professionals in Oman. Our vision is to collaborate with all stakeholders to enhance the quality of internal audit practises in Oman.”

The UAE-IAA president Abdulqader Obaid Ali said: “Strategic alliances need to be expanded in the region in order to develop the internal auditing profession on sound and orderly lines. We are a leading entity in promoting the internal auditing profession specialising in areas of accreditation including education, research and technical guidance in the MENA region.”

Both the organisations intend to cooperate in the field of training and qualification and to establish a strategic alliance for developing the profession through specialised expertise.