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Etihad audited by GCAA

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Etihad audited by GCAA

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Old 27th Jan 2008, 04:24
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Etihad audited by GCAA

How did EY's audit go with the GCAA?
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Old 27th Jan 2008, 05:13
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what is to be expected? it is esentialy a self audit . ahmed al nayan runs the caa, and etihad and gamco. conflict of interests?

predicton: etihad passed the audit with flying colors.
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Old 27th Jan 2008, 05:17
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Yep, they're all in bed with each other...........literally
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Old 27th Jan 2008, 09:50
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In my humble opinion, there is no independence and true impartiality. Auditors, needing desperately the job, will not compromise their "living" or accomplish their true job otherwise will get a pair of skates. Anything found will be "whispered and nicely talked" amid loads of smiles and fraternal exchanges and a serious "finding" won't go down on the paper so easily.
Bear in mind, that these behaviours are common all over (not just this region). I would probably risk saying that Oman may well be an exception in this region for the time being. Oman is here to grow...
It’s sufficed to say that all depends on the levels of professionalism and the Authority's ability to resist the lobbying otherwise known ....... And again, it depends a lot on the real need for the auditor to keep his job. I say no more.
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Old 27th Jan 2008, 11:32
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al humdulilah for iata and iosa. not ideal, but alt lease some form of independince
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Old 28th Jan 2008, 08:11
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Can the GCAA ignore the evidence anymore?

Maybe this is why we received such a small bonus, had to pay them off?
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