Saudi Arabia's market regulator has suspended the local unit of accountancy firm Deloitte & Touche from doing auditing work for listed firms in the kingdom from June 1, 2015, according to a circular seen by Reuters.
Islamic financial institutions will require an increase in capital if they have advantage of growth opportunities, said Central Bank of Bahrain Governor Rasheed Al Maraj.
He was speaking at the opening session of the Accounting an
NSF International, a global independent public health organization, has opened an office in Abu Dhabi, to meet the growing demand for testing, certification, auditing, consulting and training services in the Mena region.
Too often over the past five years the interests of customers at banks have been neglected as bank management has focused on bonuses and share price, said the Governor of the from Central Bank of Bahrain (CBB).
If banks neglect customers'
The global financial crisis has created a lot of interest around the world in Islamic finance and not only in Muslim countries, said an expert.
The potential from new markets will help Islamic finance to spread a lot wider and grow, accord
Emiratisation within the internal audit function was the main focus of a panel discussion at the recently held Internal Audit Festival at the Paris Sorbonne University in Abu Dhabi.
Internal audit practitioners called for a stronger
Deloitte Middle East was once again awarded a tier one ranking for its tax services in the GCC countries, according to the recently released International Tax Review’s World Tax 2011 briefings.
The International Tax Review (ITR) is one of
Tamkeen has conducted an induction day for its re-branded, re-designed Mohasaba programme, which has been developed to assist companies in streamlining financial reporting and certifying through international auditing practices.
Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will convene its Annual Shari’a Conference on May 18 and 19 in Bahrain, under the auspices of Central Bank of Bahrain.
Set to be held at the Sheraton Bahrain
Prakash Kurup (Kash) recently joined the Audit and Business Assurance Services division of BDO Jawad Habib as its partner.
Prior to joining, he was an audit partner for over 20 years in a top 40 UK firm of Chartered Accountants.