Members represent MGI at Forum of Firms gathering in Dubai
The Forum of Firms hosted a high-level meeting in Dubai last month, bringing together leaders from across the audit and assurance profession to consider key developments shaping the global landscape.
A big thank you to our Dubai members Faiyaaz Rajkotwala from MGI Salim Rajkotwala Chartered Accountants, and Vinayak Aatreya and Bryan Bonifacio from M&M Al Menhali Auditing for taking time to represent MGI Worldwide at the meeting.
Focus on quality
Discussions highlighted a shared focus on maintaining audit quality amid increasing regulatory complexity, rapid technological change, and evolving market expectations. Participants emphasised the importance of practical implementation, professional judgement, and collaboration across the profession.
“Discussions centred around collaboration, clear standards, and practical implementation support and how they are essential to preserving audit quality as regulation, technology, and market structures continue to evolve.”
— Faiyaaz Rajkotwala
"Great experience at the Forum of Forms—connecting with directors and partners from major audit firms and discussing audit trends, talent, and AI. We also explored the latest IESBA and IAASB updates and their impact on the profession. A valuable and insightful event."
— Vinayak Aatreya
Key themes included:
1. Focus on implementation, not new rules
2. Technology as both opportunity and risk
3. Culture and governance as quality drivers
4. Evolving regulatory expectations
5. Practical priorities: talent, quality management, and non-financial assurance
6. Value of collaboration and shared learning
Conclusion
The discussions underscored a pragmatic and collaborative direction for the profession:
focus on implementing existing standards well, manage technology responsibly, strengthen culture and governance, and work collectively with regulators and standard setters to deliver consistent, high-quality outcomes.
MGI: a voice at the table
MGI members’ participation in Forum of Firms events helps ensure the network stays visible and actively engaged in important global discussions on audit quality. Their involvement highlights MGI’s continued role in promoting high professional standards and supporting the ongoing development of the audit and assurance profession worldwide.
If you are interested in attending future Forum of Firm meetings in your region, please reach out to Maxine Brock ([email protected]).
MGI Worldwide is a leading global accounting network and association with over 8,800 professionals, accountants and tax experts in some 440 locations in almost 100 countries around the world.