Maltese legislation make it mandatory on all Limited Liability companies to prepare their accounts in accordance with International Financial Reporting Standards (IFRS) and have them audited in accordance with International Auditing Standards by a Registered Auditor. GAPSE (General Accounting Principles for Small Entities) have been recently introduced and now certain qualifying companies can adopt these simpler Accounting Principles instead of IFRS.
We can make arrangements through our network, for our clients to be provided with professional Audit and Assurance Services.
Furthermore there are a number of situations involving transfer of shares in companies where an assurance report is required to satisfy legislation concerning Capital Gains Tax. We can arrange for the provision of such services.