Audit and Advisory Services

Financial and Statutory audit services

Griffiths + Associates Ltd is a registered audit firm with the Malta Accountancy Board. Our firm has decades of experience in auditing small to medium sized companies and groups of companies, whether operating in or outside Malta. We understand the expectation gap between what and auditor is providing in terms of his engagement and what the client expects from the audit. We thrive to bridge this gap and provide value through our audit services.


Reviews

Certain engagements, at times, are not focused on a fully-fledged audit but a review of the relative financial statements. Such reviews require the auditor to be aware of his duties and brief in order to be able to provide such services as efficiently and effectively as possible. Our firm has experience in carrying out audit reviews in terms of International Standard on Auditing and has been engaged by various international clients to provide such services.

taxcompliance


Tax compliance

Persons who are liable to pay income tax in Malta have certain filing obligations with the Inland Revenue Department including the obligation to pay income tax as due. Income tax law requires the payments of settlement tax, provisional tax as necessary, and also the filing of income tax returns. Our firm can act as the liaison of a client with the authorities, and also has the necessary expertise and knowledge to provide assistance in preparing and filing all the necessary documents and forms in order to be in line with the respective legal obligations. Moreover, our firm can assist licensed online gambling operators, who are legally required to pay gaming taxes in Malta to the Malta Gaming Authority, to compute and prepare the respective forms and submissions to the said Authority.


Financial Reporting

Our firm specialises in preparing financial statements in terms of International Financial Reporting Standards (“IFRS”) and, when necessary, in terms of the Generally Accepted Principles for Smaller and Medium-sized Enterprises (“GAPSME”). Due to the ever-changing requirements of the latter standards which evolve over time, we have the relative expertise in-house to be able to prepare basic or advanced financial statements in terms of the respective standards.

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