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  • Insights paper

    September 3, 2024
    The New Global Internal Audit Standards™ (GIAS), published on January 9, 2024, will come into effect on January 9, 2025. These standards represent a significant evolution in the practice of internal auditing, incorporating essential content from the 2017 Standards for the Professional Practice of Internal Auditing and the mandatory guidance of the International Professional Practice Framework® (…
  • Whitepaper

    May 17, 2023
    This paper explores the differences between cash-based and equity-based Long-Term Incentive Plans (LTIPs) and how to choose between them based on various factors. Cash-based LTIPs offer executives a guaranteed cash reward when certain performance targets are met, while equity-based LTIPs offer stock options or restricted stock units (RSUs) that align executives' interests with those of the…
  • Client Story

    June 13, 2023
    The world’s largest marina owner and operator, with more than 100 locations in its portfolio was laser-focused on growth through acquisition while enhancing the member experience in this high-end market. To support the business model, the company embarked on a technology transformation journey to develop its own marina management system that allows for both optimised marina operations and…
  • Newsletter

    November 29, 2023
    Compared to prior years, our suggested 2024 audit committee agenda has taken a bit of a turn due to ongoing and recent market and regulatory developments.A complex business environment: The 2024 audit committee agenda includes important enterprise, governance, process, technology, and financial reporting and disclosure issues that merit consideration by the audit committee beyond its ongoing…
  • Newsletter

    June 12, 2024
    Acute talent shortages across numerous industries underscore the risks emanating from outdated, reactionary approaches to managing people, succession and culture. The question arises, what is the board’s role in forging a 21st-century approach to managing talent?Changing times have led to fleeting employee loyalty, as talented individuals have more options than ever before with greater…
  • Newsletter

    November 8, 2023
    In these disruptive times, how should boards discharge their duty of care and duty of oversight with respect to risk when the models to follow aren’t clear? Is the board’s risk oversight process fit for purpose in today’s dynamic environment?Board engagement with risk and how it is managed has been a topic of interest for many years. While risk has always been present in every business, the…
  • Survey

    February 7, 2022
    Internal audit, as the third line of defense, plays a critical role in providing assurance and related value-added services to an organization within the ambit of corporate governance. As Oman’s governance landscape is evolving, the IA fraternity is ever more cognizant of its role by contributing positively to the growth and sustainability of their organizations. Against the backdrop of these…
  • Client Story

    February 16, 2023
    Rising energy prices and the resulting profitability typically generate a flurry of merger and acquisition activity in the oil and gas sector. The deals frequently target organizations that are independent and entrepreneurial in spirit — companies that have amassed a significant but often underdeveloped asset base and whose processes generally have not kept up with the growth of the company. The…
  • Client Story

    September 6, 2023
    The client was undergoing a strategic finance transformation initiative to globally align technology, policy, and procedures. As part of this initiative, the company had several strategic goals.
  • Whitepaper

    May 22, 2023
    This paper discusses the three categories of hydrogen production. It highlights that energy transition is a process and that green hydrogen is the most viable long-term option for sustainable energy production. Green hydrogen policies need to be created to enable comparison with other energy sources. These should ensure consistency and compatibility with emissions for other commodities and enable…
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