Which Companies Need an Audit in Malta? Understanding the Requirements

ByPrianca Saini

Not every company in Malta needs an audit. Public companies, MFSA-licensed firms, and larger businesses must have one. Small and micro companies meeting specific turnover, asset, and employee limits can often claim a full or partial exemption instead. Did you know? According to EGMAssurance, Malta rewrote its audit rules in December 2025, through Legal Notice…

Bookkeeping vs Accounting: What’s the Difference and Why It Matters 

Bookkeeping vs Accounting: What’s the Difference and Why It Matters 

ByPrianca Saini

Bookkeeping records the daily transactions, whereas accounting is the analysis and decision-making based on those bookkeeping records. Understanding the distinction between bookkeeping vs accounting that you need to comprehend to be able to sustain an ideal cash flow, prevent mistakes that could cost a lot, and grow your business safely. Did you know? According to…