The external quality assessment (QA) was conducted by a visiting team from the IIA, USA. – Supplied picture
Muscat: The internal audit at the Oman International Development and Investment Company (Ominvest) has been awarded the highest rating by the Institute of Internal Auditors (IIA) under the International Professional Practices Framework.
The rating of “generally conforms” is the highest and means that an internal audit has a charter, policies, and processes in conformance with international standards in all material aspects.
The external quality assessment (QA) was conducted by a visiting team from the IIA, USA. According to IIA standards, external assessment must be conducted at least once every five years by a qualified, independent assessor or assessment team.
The…
