ICAI and OCCI partner to develop Oman's chartered accountancy curriculum
The Institute of Chartered Accountants of India (ICAI), the largest accounting body in the world, has expressed its intent to support the Oman Chamber of Commerce and Industry (OCCI) in developing a curriculum for Omani chartered accountancy students.
The collaboration was announced by ICAI Vice President CA Ranjeet Kumar Agrawal at the inauguration of the 13th International Seminar of ICAI Muscat Chapter (under the sponsorship of CBFS) held on January 19, 2024, under the theme of ‘CAS - Beyond Numbers’.
Faisal Abdullah al Rawas, Chairman of OCCI, was the chief guest at the event, while former Union Minister of India CA Suresh Prabhu delivered the keynote address. H E Amit Narang, Ambassador of India to Oman, and Dr Yousuf al Mabsali, Assistant Dean, College of Banking and Financial Studies (CBFS), were the guests of honor.
“We appreciate the efforts taken by ICAI Muscat Chapter in conducting the Omani CFO
Mentoring Program, which was a great success. Being the largest professional accounting organisation, ICAI is our natural partner of choice to develop a curriculum for Omani chartered accountancy students,” Rawas said.
CA Ranjeet Kumar Agrawal said, “We can support Oman in the development of a curriculum and also help set up an Institute of Chartered Accountants of Oman.”
Welcoming the initiative, CA
Jim Joseph Itty, Chairperson of ICAI Muscat Chapter, said, “With the support of OCCI, we were able to complete the Omani CFO Mentoring Program in a most professional way. Similarly, with ICAI’S support, we believe this new curriculum will also become a reality soon. We are happy to associate with OCCI and the Indian embassy for the Oman-india Investor forum, which aims to connect businesses through more than 400,000 ICAI members across the globe.”
H E Amit Narang said, “Bilateral trade between India and Oman has doubled during the last two years, and with the visit of His Majesty Sultan Haitham bin Tarik to India, we hope this will further improve.”
The eminent speakers at the seminar included CA Chetan Dalal (forensic expert), CA Pattabi Ram (author and teacher), CA Jay Chhaira (motivational speaker), and Surabh Mukherjea (stock market strategist). The seminar also featured a panel discussion on ‘Accounting Profession and Oman Vision 2040’.
Dr Yousuf al Mabsali, Assistant Dean of CBFS, said, “CBFS is proud to be the sponsors of ICAI Muscat Chapter since 2008. The Chapter is always taking the lead in the development of the accounting profession in Oman, and I congratulate the managing committee for their efforts.”