Entries by nicholas@m7alpha.com

Charting the future of the financial services industry

Over the past couple of decades, the financial services industry in Malta has undergone remarkable expansion, emerging as an appealing destination for global players and creating thousands of high-quality and well-paying employment opportunities. This sector remains a crucial catalyst for economic growth and plays a significant role in the country’s overall development. While this growth […]

Donating Smiles: Institute raises €7300 for Dr Klown

The Institute had the pleasure of presenting a cheque of €7300 to Dr Klown, a non-governmental organisation that has been providing clown doctor services to children at Mater Dei Hospital in Malta since 2010. This generous donation was made possible thanks to the funds raised through various events, including the Football Tournament, World Cup Predictor, […]

Leveraging historical financial Data to predict the Future

Analysing a set of financial statements is an important skill for any accountant or financial advisor. During the session, we will be discussing the importance and relevance of applying key accounting ratios to historical financial data to build a better picture of a company’s health, overall performance and trends. Furthermore, by analysing and interpreting key […]

Special considerations for Intangible assets under IAS 38 and GAPSME

The European and local drive towards a knowledge-based economy championing research, creativity and innovation has led to an increased number of intangible assets to be recorded on company balance sheets. This strengthens the importance of an accountant’s knowledge on the correct treatment of intangible assets both from an IFRS and a GAPSME perspective. An intangible […]

Effectively fighting money-laundering matters should remain a priority, accountants insist

Money-laundering in society brings about a stream of negative social and economic costs to the wider community. In this context, during this year’s AML Conference, the Malta Institute of Accountants (MIA) and the relevant authorities called on stakeholders to continue to strengthen their commitment to fighting financial crime, whilst highlighting Malta’s role within the international […]

Supporting Dr Klown in delivering a dose of smiles and laughter

As the popular saying suggests laughter is the best medicine but smiling becomes rare for children in hospitals. Defined as magicians of the soul, clown doctors have been spreading doses of fun and laughter throughout the local hospitals for the past eleven years, working to lift the morale of sick children. Klown Doctors collaborate with […]

Corporate tax reforms and need for compliance will top economic and business agenda in years ahead

Major corporate tax reforms and a continuous push for compliance will be an inevitable reality for the Maltese economy and businesses in the years ahead as international institutions seek new avenues for debt reduction, to fight climate change and achieve sustainable and equitable growth. This reality emerged strongly in the positions expressed by professionals, politicians, […]