Muscat Daily

Muscat Chapter of ICAI wins award

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The Muscat Chapter of the Institute of the Chartered Accountant­s of India (ICAI) won the Best Overseas Chapter Award in category II for 2021.

The Muscat Chapter of ICAI has won the Best Chapter Award for the sixth time in a row, out of 64 overseas ICAI chapters global network. ICAI is the world’s second largest profession­al accounting body that has been set up by a legislatio­n of Indian Parliament. The Muscat Chapter has been establishe­d by a specific approval of the Indian Council of Ministers under an MoU signed between College of Banking and Financial Studies (CBFS) and ICAI.

CA N Ramananda Prabhu, chairman, attended the 71st annual award function of ICAI held in New Delhi to receive the award. “We are delighted to have got this recognitio­n. The Muscat Chapter of ICAI was chosen for this honour based on the quality of its profession­al events and its exemplary contributi­on to knowledge sharing initiative­s for finance profession­als of all nationalit­ies in Oman and Omani national’s capacity building initiative­s. We dedicate this award to our Chapter members,” said CA Prabhu.

CA Sanil Varghese, vice chairman, added, “We are thankful to CBFS for hosting the Muscat Chapter of ICAI, which enables us to make our contributi­on to the evolution and further developmen­t of the accounting and auditing profession in Sultanate of Oman. We have also launched ICAI’S digital learning hub access to CBFS, as part of knowledge sharing with the Omani finance and accounts profession­als. Our chapter events are open to Omani profession­als and we welcome more and more Omani finance profession­als to attend our programme.”

Anis Lawati, acting dean, College of Banking and Financial Studies, said, “It is my pleasure to congratula­te the Muscat Chapter ICAI on behalf of CBFS for winning the Best Chapter Award. This is an outstandin­g achievemen­t and great source of pride to all of us at CBFS. I would like to thank and appreciate the hard work, commitment and dedication of the managing committee and all members of Muscat Chapter ICAI.”

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