(MENAFN - Muscat Daily) The Association of Certified Fraud Examiners (ACFE) has formed a local chapter comprising over 90 members in the sultanate.
The formalisation of ACFE Oman chapter was done with the signing of an agreement at the College of Banking and Financial Studies (CBFS) in the presence of Dr Ahmed Mohsin al Ghassani dean of CBFS. The ceremony was attended by senior representatives of the sultanate's banking financial and corporate sectors.
Congratulating the ACFE Oman chapter Dr Ghassani said 'CBFS is proud to support the ACFE activities in Oman thereby strengthening co-operation and coordination among various stakeholders to adopt the best practices for learning and exchange of knowledge to check the spread of financial fraud in all arenas.'
ACFE is an internationally reputed anti-fraud organisation and provider of anti-fraud training and education with its focus on reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. The CBFS will support and provide its services for ensuring the smooth functioning of the Oman chapter.
Thomas Totton general manager for internal audit at Bank Muscat and president of the Oman chapter of ACFE said 'The Oman chapter of ACFE is thankful to CBFS for facilitating a unique opportunity for networking of certified fraud examiners through professional interaction and education raising the level of competence within the profession. The mission of ACFE is to reduce the incidence of fraud and white collar crimes and to assist members in its detection and deterrence.'