Industrial Visit Report Crowe Mak Ghazali, LLC

College of Economics and Business Administration (CEBA)

Industrial Visit Report
Crowe Mak Ghazali, LLC

Date: October 9, 2025

An industrial visit was organized for a group of accounting students to Crowe Mak Ghazali, LLC, an auditing firm in Muscat, on October 9, 2025 by Department of Economics and Business Administration-UTAS-Ibra. The visit aimed to provide students with practical exposure to professional auditing and taxation practices and to supplement their theoretical knowledge with real-world applications.

During the visit, a team of staff members from the firm conducted an informative session focused on Auditing and Taxation. The discussion covered key areas such as the types of audits, the differences between theory and practice, the compliance framework followed by auditing firms, and the five-step risk-based auditing model used to identify and manage audit risks effectively. The speakers also elaborated on the difference between direct and indirect taxes, providing relevant examples to illustrate their practical implications in business operations.

The session enabled students to gain a deeper understanding of the auditing process and the regulatory environment within which auditors operate. It also offered valuable insights into how auditing principles are applied in practice and how taxation affects financial reporting and decision-making.

Overall, the industrial visit proved to be a highly enriching and educational experience. The interaction with professional auditors broadened the students’ understanding of current industry practices and enhanced their appreciation of the importance of ethics, compliance, and accuracy in accounting work. The students expressed their gratitude to the firm for their hospitality and valuable insights.