The session will provide an overview of the main tax implications of transferring and or acquiring immovable property with the main focus being immovable property situated in Malta.

Training and developing others is a great responsibility that requires a working knowledge of how individuals learn, as well as the ability to inspire others to work towards their professional advancement. It is often the case that in a workplace context, individuals find themselves within a role whereby they need to train their peers and teams, however have never been really trained to do so.

The course is aimed at analysing the role of the Shipping industry within the Maltese economic context. Attendees will be given an understanding of the shipping industry within an International context by receiving basic knowledge of the main institutions involved in the development of the Law of the Seas. Focus will then shift towards the Maltese shipping industry in order to understand the manner how the Shipping Industry has positioned itself within the international context. For this reason we will analyse why ship owners and ship financiers have chosen Malta as the Flag of Choice and the reasons behind the positive and healthy numbers reached since its accession to the European Union with sessions also dedicated to the recently revamped tonnage tax rules in Malta and social security measures aimed at attracting further investment to Malta.

The IFRS Refresher sessions cover the more prevalent accounting standards under the IFRS framework including latest developments in 2021 and beyond. As IFRS are constantly changing, these sessions serve as a comprehensive but concise refresher. It starts by giving an overview of IAS 1 Presentation of Financial Statements, and then delves into the accounting standards relating to non-current assets, and how other standards interact with the measurement of these assets. The second session covers Income Taxes, Provisions, Fair Value Measurement, Business Combinations, and the standards which form part of the consolidation suite.

This comprehensive course on consolidations is intended to give participants a refresher of the fundamental consolidation techniques and will subsequently delve into a number of complexities commonly encountered in medium to larger group consolidations.

This session will start with a brief outline of the general requirements of auditor reporting and will then focus on other specific areas, such as Key Audit Matters and the modifications that are applicable in different scenarios. A discussion will then follow on the implications of COVID-19 on auditor reporting.

Training is always beneficial, but our PRINCE2 Foundation course is particularly effective for aspiring and new Project Managers whereas our Practitioner course, offers a higher-level accreditation for experienced Project Managers and one that requires the holder to renew their accreditation every two years.

During this session we will discuss the salient updates from the international tax arena, concentrating both on EU initiatives and beyond.

Non-Current Assets, or as are more commonly known as Fixed Assets, are those resources from which future economic benefits are expected to flow to the business and which are mostly meant for long term investment. These assets take both a physical (tangible) form and abstract (intangible) form and bring with them a number of recognition, measurement and classification considerations under IFRS.

IFRS 17 Insurance Contracts has been issued by IASB in May 2017 to increase transparency for users and comparability between insurers. In 2020, a revised version of IFRS 17 was issued which set the new effective date of 1 January 2023. With the transition date quickly approaching, insurers must ensure that their systems, processes and controls are ready to handle the new requirements and that users of the financial statements understand what is going to change and how. In this webinar split over two sessions, we will delve in detail into the business impacts of IFRS 17 with the aim to elicit the key aspects that a business involved in Insurance Contracts must consider.

IFRS 16 Leases requires companies to bring most leases on-balance sheet from 2019. It has now been over two years since the standard came into effect. At the time it was effective, the accounting treatment of leases by lessees changed fundamentally and it may have had a significant impact on their financial KPIs and their systems and processes. Furthermore, in response to the COVID-19 coronavirus pandemic, the International Accounting Standards Board (IASB) amended IFRS 16 Leases in 2020 with respect to the lease modification requirements for rent concessions by issuing a practical expedient in this regard. In 2021, the IASB extended by one year the application period of the practical expedient for lessees accounting for COVID-19-related rent concessions.

Ever wondered why an auditor insists for a bank statement in pdf format and not on a spreadsheet? Do you know what is the purpose of a management representation letter? Would you like to understand more why the auditor asks certain questions and requests certain detail?

The session will delve deeper into the income tax and duty on documents and transfers considerations of transferring securities with particular focus on shares in a private limited liability company in Malta.

This course, offered by KPMG’s Gaming Faculty, will be focused on the remote gaming sector and directed to new MLROs (including new MLRO designates), and new staff members within the AML function.

The statement of cash flows is also a crucial planning tool for any business’s long term success and it portrays a comprehensive view of the sources through which cash flowed into the entity and how cash was utilized.

The Companies Act prescribes the procedural requirements for a members voluntarily winding up of a company. Once a company is placed into dissolution, a step plan needs to be followed until the company is eventually struck off the Register.

This session aims to provide participants with an overview of automating business processes through the implementation of Robotic Process Automation (RPA) solutions. 

This session will start with a brief outline of the general requirements of auditor reporting and will then focus on other specific areas, such as Key Audit Matters and the modifications that are applicable in different scenarios.

The objective of IAS 12 Income Taxes is to prescribe the accounting treatment for income taxes. This module mainly relates to deferred tax, that is the amount of income tax payable or recoverable in future periods as a result of past transactions or events.

The webinar will focus on the revelant Malta Income Tax , VAT and IPT considerations for the insurance industry.

This session will focus on the collection of relevant and reliable audit evidence when conducting an audit under ISAs.

The Notional Interest Deduction (NID) concept introduced in the Maltese corporate tax system through Legal Notice 37 of 2018 attempts to equate equity to debt from a tax perspective.

This course will address the specific audit issues that are concerned with the cryptoasset world and how one needs to carry out audits on this ‘etherial’ asset class.

California has 109 federally recognized tribal governments within its borders with 69 operating casinos. The best estimates of the gross gaming revenue of these tribal casinos is just short of $10 billion.

2020 will go on record as being one of the most eventful years of all our life. Not only were we (and continue to be) plagued by the pandemic, which has turned our lives upside down, but our country has seen unprecedented activity in the AML/CFT space at various levels: penalties, enforcement measures, increased and more intense supervision, regulation, a surge in demand for talent (which exists in limited supply)…. The list goes on.

This session will focus on the need for risk assessment emanating from auditing standards.

The session will deal with the main features and disclosure requirements of IFRS 13 – Fair Value Measurement.

The goal of any great franchise is to achieve consistent and sustainable replication of a brand’s promise to consumers, and for the franchise system to be financially successful at every level.

The latest step in a series of EU Measures in the field of automatic exchange of information in tax matters was enacted in the local legislative framework through Legal Notice 342 of 2019, marking the transposition of Council Directive 2018/822.

IFRS 2 Share-based Payments deals with transactions settled either by issuing equity instruments of the entity to the supplier (including employees) of goods or services to the entity (equity-settled share-based payments), or payments in cash or other assets for amounts that are based on the value of the equity instruments of the entity (cash-settled share-based payments).

The course delves into the various formulas and functionalities of Microsoft Excel through an interactive hands-on workshop.  

Training is always beneficial, but our PRINCE2 Foundation course is particularly effective for aspiring and new Project Managers whereas our Practitioner course, offers a higher-level accreditation for experienced Project Managers and one that requires the holder to renew their accreditation every two years.

Family business continue to form, flourish but also falter and flounder. This life-cycle presents an upside characterised by the creation of wealth, family success and stature and economic and employment opportunity.  

The session will provide an overview of the main tax considerations to be taken into account by individuals and companies when deriving investment income ranging from capital gains on sale of shares, dividend income, rental income and also interest income.  

This seminar will focus on the concept of automation, the benefits it offers in terms of increased productivity and efficiency and the way such automated solutions may be applied in practice.  

The course delves into the various formulas and functionalities of Microsoft Excel through an interactive hands-on workshop.

The session will deal with the AML/CFT dimension to the Virtual Financial Assets and the use of RegTech in this space. The introductory part of this training session will be interactive by understanding the concepts of DLT and cryptos and the use of technology in the compliance and the AML arena.  

Malta Enterprise has recently published the new guidelines relating to investment aid tax credits, which are effective as from 1 January 2021 to 31 December 2021: the Investment Aid 2021 guidelines (the new guidelines).  

The session will delve into recent VAT and income tax changes through which separate entities can be regarded as one taxable person for VAT purposes and as a single fiscal unit for income tax purposes.

The goal of any great franchise is to achieve consistent and sustainable replication of a brand’s promise to consumers, and for the franchise system to be financially successful at every level.

‘ITIL In A Day’ ITIL4 Foundation course empowers staff with a clear understanding of how they can be more efficient, more effective and add greater value to the business. The course covers the entire ITIL 4 Foundation syllabus and introduces the core service management concepts, definitions and principles. 

Learn about the value and capabilities of Power Automate and ways organisations can leverage this technology to automate repetitive tasks and business processes.

The session will cover the tax classification and consequent treatment of coins and tokens and the income they generate, as well as their treatment for VAT and duty on documents and transfers. Further, during the session, we will go through the direct and indirect tax treatment of activities such as mining, token issues and exchanges.

By the end of this module participants would be able to identify and apply the most appropriate and effective Excel formulas and functionalities to address specific action and requirements, and would be able to apply these new skills to deliver Excel-related work in a more proficient manner.  

The ‘PRINCE2 Foundation and Practitioner Course’ empowers staff with expertise and universally recognised certification in Project Management leading practice.

The consolidation suite of standards covers accounting for investments in subsidiaries, associates, joint ventures, joint operations as well as related disclosures.

Charting the course of achieving the organisation’s strategic plan and crafting objectives aligned to this, allows organisations to crack the code for effective execution of strategy.

By providing employees with the skill set to effectively coach and mentor their teams, you will indubitably be further enhancing the employees’ skills as well as fostering an overall environment of learning and development.

This course will walk you through the existing IFRS standards that could be applied to different types of cryptoassets, both from the perspective of the holder and the issuer. Factors that need to be considered when determining the accounting treatment for these new assets will also be discussed.

This session considers the risks and rewards of attracting and selecting the right talent in an organisation while arguing that the time and effort invested in the HR strategy upfront will pay dividends throughout an employee’s tenure.

In this IFRS Series session we shall be discussing the definition of a ‘business’ and delving into all of the steps of the acquisition method. We shall also be introducing IFRS 13: Fair Value Measurement as IFRS 3 references fair value in many of its requirements under the acquisition method, making it a complimentary standard to discuss during this session.

This course will focus on the context of safer gambling and gambling related harm. It will also delve into the wide range of techniques and skills available to customer support professionals in the Gambling sector when interacting with customers. 

The course delves into the various formulas and functionalities of Microsoft Excel through an interactive hands-on workshop.  Participants will be introduced to the application and use of formulae and functions that provide the basis for spreadsheet model building in a business context.

This course will give attendees a basic understanding of the IT and technical fundamentals related to Distributed Ledger Technologies (DLTs), primarily Blockchain, by taking a look at the reasons behind their creation, how they work as well as how they evolved over time.

If strategy formulation tackles the ‘what’ and ‘why’ of the activities of the organisation, strategy implementation is all about ‘how’ the activities will be carried out, ‘who’ will perform them, ‘when’ and how often will they be performed, and ‘where’ will the activities be conducted.

Learn about the value and capabilities of Power Automate and ways organisations can leverage this technology to automate repetitive tasks and business processes.

These two 1.5 hour sessions will provide an overview as to why 2021 will be a pivotal year for VAT and how these crucial changes could impact Maltese businesses.

This session considers the importance of developing leadership skills and competencies in both the current leadership team and in the leadership pipeline.

This course, offered by KPMG’s Gaming Faculty, will be focused on the remote gaming sector and directed to new MLROs (including new MLRO designates), and new staff members within the AML function.

IFRS 9 Financial Instruments includes revised guidance on the classification and measurement of financial instruments. The implementation of a business model approach and the Solely Payments of Principal and Interest (SPPI) criterion may require judgment to ensure that financial assets are classified into the appropriate category.

Participants will embark on a journey into business valuation, where the focus is not on merely arriving at an amount but identifying what drives value and what drags may be keeping it back. Business valuations will thus be used as a tool to help in the search for shareholder value.

The course delves into the various formulas and functionalities of Microsoft Excel through an interactive hands-on workshop.

Maltese companies may benefit from various incentive schemes which are aimed to incentivise them to undertake investments of various kinds, be it for the growth of the enterprise, diversification, research and development projects and the provision of training programmes to employees amongst others.

Power Apps is a suite of apps, services, connectors and data platform that provides a rapid application development environment to build custom apps for your business needs.

IFRS 15 Revenue from Contracts with Customers introduced the new five step model for revenue recognition and the standard brings with it new areas where key new estimates and judgements are required.

During this session we will discuss the salient updates from the international tax arena, concentrating both on EU initiatives and beyond.

This session considers the value of employee engagement in driving innovation, motivation and productivity.

This comprehensive course on consolidations is intended to give participants a refresher of the fundamental consolidation techniques and will subsequently delve into a number of complexities commonly encountered in medium to larger group consolidations. The course will be based on 7 case studies giving participants a practical perspective to the subject matter.

By the end of the course attendees will get an understanding of L.N. 248/2020 governing the introduction of Cell Companies concept within the shipping and aviation industry.

Training is always beneficial, but our PRINCE2 Foundation course is particularly effective for aspiring and new Project Managers whereas our Practitioner course, offers a higher-level accreditation for experienced Project Managers and one that requires the holder to renew their accreditation every two years.