ICAI Muscat Chapter hosts workshop for finance professionals

The Muscat Chapter of The Institute of Chartered Accountant of India ICAI organised a continuous professional education (CPE) workshop focusing on key competencies for Finance professionals.

Aastha Rangan, Chairperson of the Chapter, opened the workshop by saying that the global uncertainties are increasing day by day and doing business is getting very complex. Hence, finance professional must equip themselves with competencies to enable them to face the challenges of the economic situation.

The session was conducted by Venkatesh Palakkad from RAB Oman who described various elements of uncertain economic conditions as volatility, uncertainty, complexity and ambiguity. He clarified that finance professional need various other key competencies apart from their core competencies to face difficult and turbulent times. The session was extremely interactive and case-study based.

The audience was also enlightened by the talk of Udhaya Ravishankar who spoke about the Artificial Intelligence (AI).

He focused on how AI has been creating opportunities as well as challenges in the functioning of the finance professionals.

Ashwini Sawrikar, member of the chapter committee upraised the audience that now-a-days stress issues are getting very common in the life of finance professional and she welcomed Dr Anand Kumar, Specialist Psychiatrist from IMC Apollo to talk about stress management in professional and personal life. His talk was focused on life-style changes to combat stress.

The workshop was attended by more than 100 chartered accountant members in Muscat. Rajiv Arora, CEO of Howden, presented a talk on Cyber Risks. Jayesh Kansara, Vice-chairman of the Chapter, thanked the speakers for sharing their knowledge.