Wednesday 27 May 2015
 
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Saudi firms tighten controls in wake of Mobily scandal

When Saudi Cable said last month it was delaying the release of its 2014 earnings statement, because it was still compiling information required by an external auditor, it was a sign of growing regulatory pressure on companies in the kingdom.

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Bapco wraps up crucial health and safety audit

Bahrain Petroleum Company (Bapco) has announced the completion of its fifth periodic occupational health and safety (OHSAS) 18001: 2007 external audit, which was done by Bureau Veritas auditors. The audit covered departments inclu

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GAC’s Global Hub Services wins trio of certificates

GAC’s Global Hub Services (GHS) has won a trio of certificates after successfully completing independent integrated audits by DNV GL, a leading ship and offshore classification society.   GHS was awarded the ISO 9001:200

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Key challenges faced by audit committees in focus

Financial reporting, oversight, risk and effectiveness are key areas that pose challenges for audit committees in Bahrain and across the GCC, a KPMG survey has found. To help identify the pressing challenges facing audit committee

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Strict auditing measures to protect public funds hailed

Strict auditing measures to protect public funds in Bahrain represent one of the main pillars of reforms and development programme initiated by His Majesty King Hamad, the Crown Prince said. These measures have also been aligned w

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KPMG names new partner in audit department in Bahrain

KPMG, a leading professional services company, has appointed Eugene Breytenbach as a partner in the firm's audit department in Bahrain. Breytenbach has moved to Bahrain from South Africa where he spent more than 13 years in th

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Deloitte Middle East hires 700 new staff

Deloitte Middle East, a leading provider of audit, tax, consulting, and financial advisory services, hired 700 new people this year while continuing to deliver double digit growth, said the company’s chairman and chief executive.

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UAE utility firm offers free audit service

An innovative service provided by the Al Ain Distribution Company (AADC) is offering residents of the UAE capital’s eastern region free water and electricity audits to help them improve efficiency and save money. AADC, the s

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Protiviti, Oman Oil address project audits intricacies

The Middle East Member Firm of Protiviti, a global consulting firm, in collaboration with Oman Oil Company, addressed audit professionals, business leaders and project heads on the intricacies of technical and capital project audits recently.

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Sedco Capital outsources external audit to SRB

Sedco Capital, a leading provider of shari’a  compliant investment solutions, has assigned the external shari’a audit of its $160 million real estate funds to the Shariyah Review Bureau (SRB). The two funds, which

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