OAB, Ominvest, Oman LNG conduct professional development workshop
Oman Arab Bank (OAB), with a continued focus on professional development, recently conducted a specialised audit workshop at the OAB head office in Ghubra. The workshop, which was held in collaboration with Ominvest and Oman LNG, witnessed the participation of 13 staff members from the three different organisations.
Commenting on the importance of conducting professional development in the workplace, Salah Abdullah al Sharji, head of Internal Audit, said, “We place a great emphasis on developing the skills and capabilities of everyone within OAB. Holding workshops such as these is an important part of our profes- sional development process for team members. The themes of this workshop highlighted risk analysis, international audit standards and methodologies, proper utilisation of audit tools and improving overall efficiency and techniques when finalising audit reports. In a financial environment, professional audit capabilities are critical for organisational transparency.”
Organised by the Internal Audit Team at Oman Arab Bank, the workshop was sponsored by the bank and conducted in collaboration with Ominvest and Oman LNG. Heading the workshop were trainers from USbased PEF Associates, Inc, who focused on best practice tech- niques to strategise and draft audit reports based on riskbased auditing techniques.
“The workshop was a great success, providing the participants with much more effective report writing strategies and auditing techniques. Given the overwhelmingly positive response we have received from participants, we will most definitely look into conducting similar collaborative workshops in the future” added Sharji.
PEF Associates, Inc is registered with the National Association of State Boards of Accountancy (NASBA). They have been providing training and consulting services to audit departments for 25 years.
Their highly interactive workshops focus on report development and root cause analysis. They are also pre-qualified by the Institute of Internal Auditors (IIA) and Information Systems Audit & Control Association (ISACA).
Oman Arab Bank is one of the first banks to be established in Oman, with a rich and proud history. Today, the bank operates a nationwide network of 57 branches and eight representative offices across and 148 ATMs spread across the sultanate. OAB provides the complete range of financial products and services for personal banking and corporate and investment clients.