Financial Services

Helping financial institutions in Oman ensure compliance, manage risk, and embrace digital transformation through audit and advisory excellence.

Financial Services

The financial services sector is evolving and adapting as a result of intense competition, recent economic turbulence and increasing customer expectations. It is a highly competitive and increasingly regulated environment in which organisations must demonstrate integrity, transparency and innovation to earn customer trust and remain ahead of the market.

In Oman, regulatory expectations, governance requirements and digital transformation initiatives are reshaping how financial institutions manage risk, maintain compliance and report performance.

At BDO, our Financial Services team provides specialist audit, tax and advisory services spanning all segments of the banking and finance industry. Our expertise extends across:

  • Banking
  • Investment houses
  • Exchange houses
  • Brokerage firms
  • Insurance

How Can We Help?

BDO’s teams excel in providing financial institutions with audit and essential advisory services. Our professionals understand the complexity and sensitivity of the industry and bring together in-depth knowledge of industry trends and their implications for each client’s business.

We have a strong commitment to the financial services sector, which provides us with a clear understanding of the business challenges and key drivers behind institutional strategy, risk management and regulatory compliance.

Audit & Assurance

Independent audit services, financial statement preparation support and regulatory reporting assistance tailored to banks, investment entities and insurance companies operating in Oman.

Regulatory & Compliance Support

Advisory support in strengthening governance frameworks, internal controls and compliance processes within an increasingly regulated financial environment.

Risk & Internal Controls

Enhancement of internal audit functions, risk management frameworks and control environments to address operational, financial and regulatory risks.

Tax & Reporting Advisory

Tax compliance and reporting support, including assistance with corporate tax, VAT in Oman and interaction with the Oman Tax Authority where required.

Partner - Advisory

.

Bipin Shete

Regional Business Advisory Partner
View bio