Home > Services > Audit & Assurance > Financial Statement Audit

Audit & Assurance | Financial Statement Audit

Corporate Reporting | Corporate Social Reporting (CSR) | Financial Statement Audit
| Information System Audit | Internal Audit | Internal Control Investigations

The audit of company financial statements is required by the Companies Act 1995 in Malta. Audits are carried out locally in accordance with ISA (International Standards on Auditing issued by the International Federation of Accountants). However, after the sudden corporate collapses that happened, audits cannot be seen to be merely routine, annual exercises. The expectations on the audit report have heightened, and the reliance put on your financial statements by your stakeholders translates into higher risks. At MGI Malta our audit team will take its time to fully understand your business and the environment it operates in. Our approach is risk-based, meaning that through experience and the use of supporting advanced technology expert systems, we zoom in on areas of risk within your business cycles. Our approach ensures that stakeholders are given a professional and fair understanding of the state of the business through the financial statements and the audit report, whilst at the same time, management is supported with recommendations on improvements that they can effect.