Assurance and Advisory
At RSM Malta we have robust specialist tools, resources and methodologies to enable our professionals to deliver high-quality assurance services. Our approach and methodologies are tailored to suit the size and nature of the organization.
Our assurance and advisory methodologies blend technical competencies with a detailed, robust knowledge of our clients and their markets. RSM Malta approaches the audit as a service for the benefit of stakeholders. We demand audit excellence and set tough policies to achieve it. We hire talented people and invest heavily in training and tools, including systems for achieving consistency, objectivity and accountability in strict compliance with professional standards.
Our affiliation with RSM International enables us to participate in multi-country and cross border audit and other assignments.
RSM Malta can assist clients in a broad range of assurance and advisory areas, including:
Financial and Statutory Audit Services
We place strict standards and high expectations on our professionals to deliver a final work product that fairly, fully and independently assesses the integrity of the financial information being presented and reliability on the means by which it is reported.
You can be assured of a thorough process, efficiently delivered, at a reasonable cost.
Our audit process requires that we obtain a robust understanding of the client, its industry and its environment. Based on this understanding, we identify and assess the audit risks of material misstatement of the financial statements. We identify key management and internal controls that may reduce these risks to acceptable levels. We then perform audit procedures to address risks and controls and provide an independent opinion on the truth and fairness of the financial statements.
RSM Malta audit methodology, follows that of RSM International, and complies with the requirements of international standards on audit. We utilise electronic audit working papers and a host of other tools to improve the audit efficiency and enable our professionals to deliver an effective, cost efficient, independent audit, performed in a timely manner.
Reviews
Our multi-disciplinary team has extensive experience in the provision of independent assurance services other than the audit of financial statements. The nature of these assurance services can vary considerably but are likely to include:
- Assessments of financial management and internal controls
- Operational reviews
- Business plan analysis
- Reviews of restructuring plans
Financial Reporting
Our technical team is actively involved in providing advice regarding any technical matter dealing with:
- IFRS application and interpretation;
- GAPSE local accountancy framework application and interpretation;
- Companies Act application;
- Preparation of financial statements; and
- Adequacy of disclosure.
Regulatory Technical Advice
Our objective is to provide you with advice and assistance that is technically correct, practical and commercially astute.
Our professionals keep up to date with developments to be able to assist clients to meet the requirements of key regulatory bodies and improve the effectiveness and efficiency of their compliance frameworks.
Information Technology Audit
Every organisation has IT systems which may be vulnerable to attack or failure due to flaws in the design of the systems, weak configuration settings, failure to apply security patches, or poor security management. Firewalls and anti-virus technologies are prone to vulnerabilities and, every day, hackers are developing new and more dangerous ways of exploiting security weaknesses.
We undertake the process of collecting and evaluating evidence of your organizations' information technology, practices, and operations. The results of this process determines if the information systems are safeguarding assets, maintaining data integrity, and operating effectively and efficiently to achieve your organisation's goals and objectives.
We have in-depth experience of all major technologies and will work with you to maximise your investment in technology.