Oman’s market watchdog Capital Market Authority (CMA) on Monday said that auditors are allowed to provide only three non-audit services for their audit clients, against 13 such services allowed earlier. However, they can provide all their services to companies that are not their clients. The market regulator said that audit firms are now allowed to carry out three non-audit services - audit related services, taxation advisory services and investigation of matters arriving from auditor findings or observations – to their audit clients, according to a CMA circular. Across the globe, regulators are putting increased emphasis on the independence of auditors. (Times of Oman)