James Noel Griffiths FCCA ACIS CPA FIA, senior audit partner in Griffiths + Associates, has an audit experience going back to 1969 when he joined Turquand & Youngs Chartered Accountants as a Senior Audit Clerk. After gaining valuable experience working on the audits of investment companies and property dealing companies, amongst other he joined the then firm of Diamantino, Manfre’&Co (“D.M & Co”) for the period from 1971 till 1982.
During this period he led this firm’s joint audit team, in collaboration with N. Spiteri & Co (later known as Coopers & Lybrand), in the audit of the Central Bank of Malta (“CBM”) for the period 1974 till 1982, during which time he gained valuable audit experience in the central banking sector. During this time he also participated in various internal audit assignments on behalf of the CBM, like for instance an audit of the exchange controls existing at that time, and also led the preparation of final accounts together with CBM Staff. During the period with D.M & Co., he also participated in the audits of local Commercial Banks and took active part in the review of Bank loans and advances that the local bank advanced to its customers. He also, as Senior Audit Manager, led the D.M & Co team in the audits of the Malta Drydocks for the period 1971 till 1982, and was solely responsible for the finalising of the audit with the Drydocks accounting staff. He had a staff complement of around 6 senior/junior audit clerks under his charge in these assignments.
James Griffiths later set up his own practice and besides continuing with his audit work on various organisations and groups of companies, he was also granted the insurance auditors’ licence and was auditor to a local leading insurance agency for a number of years.
James Griffiths is a member of the following professional bodies:
Association of Certified Chartered Accountants (Fellow member)
Association of Chartered Secretaries (UK)
Malta Institute of Accountants (Fellow Member)
Peter J. Griffiths M.A. (Fin.Serv) B. Acctcy (Hons) AMIT FIA CPA, Managing & Tax Partner at Griffiths + Associates has, inter alia, been involved in the audit of a number of small to medium sized companies and group of companies, together with being involved in offering company formation and tax advisory services to a number of international trading companies and international holding companies. Peter Griffiths has also advised on a series of international tax structures involving companies, trusts, foundations and foreign expatriates relocating to or from Malta, and has also provided tax and estate planning advice to High Net Worth Individuals.
Whilst reading for his Masters degree in Financial Services at the University of Malta, his studies invariably focused on the area of international taxation and wrote his dissertation on selected tax incentives in Malta, Cyprus and Luxembourg. Peter Griffiths has also been appointed by the European Commission (“EC”), on behalf of Griffiths + Associates, to lead the audit of a number of local 6th Framework RTD, ECHO & DG Contract Audits and to report back to the Commission on these audit findings. He is also a consultant on the IGAF Polaris Tax Faculty Board as the Maltese representative, and is also licensed to act as an administrator of Private Foundations by the Malta Financial Services Authority.
Peter Griffiths has set up and advised on various international cross border structures, including analyzing and advising on the taxation and estate planning implications. He was also involved in various mergers and corporate divisions in Malta, and also specialises in VAT leasing structures for superyachts and other privately-owned vessels.
Peter Griffiths is a member of the following professional bodies:
Malta Institute of Accountants (Fellow)
Malta Institute of Taxation
Confederation Fiscale Europeenne
Institute of Financial Services Practitioners
International Tax Planning Association