Malta: Accounting Standards

Effective bookkeeping extends far beyond compliance and record-keeping—it provides the financial visibility, accuracy and insight businesses need to make informed decisions, manage risk and plan for growth. By asking critical questions about financial reporting timeliness, cash flow visibility, reconciliation accuracy, VAT management and data reliability, organisations can identify gaps in their bookkeeping processes before they impact business performance.

On the 14th of May 2025, the Malta Financial Intelligence Analysis Unit (‘FIAU') issued a guidance document, bearing code SA25-01, aiding compliance professionals identify indicators...

In Malta, the majority of private limited companies rely solely on their auditors to prepare the financial statements as part of the audit process.