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Is your consolidation process heavy on your resources?
Delivering Strategic Value through Internal Audit
Groups of companies in Malta are consolidated for statutory financial reporting purposes. Although a statutory
Groups
requirement,
of companies
consolidations
in Malta
provide
are consolidated
a bird’s eye
for
view
statutory
of the financial
financial
position
reporting
and
purposes.
performance
Although
of the
a statutory
group, or parts
In a requirement, complex and fast evolving business environment, internal audit can play a key role in helping organisations achieve their
thereof, that is
consolidations
useful for management’s
provide a bird’s
review
eye
and
view
control.
of the
This
financial
is a process
position
which
and performance
may be cumbersome
of the group,
depending
or parts
strategic
thereof,
objectives. An Internal Audit function provides value to shareholders by challenging the way a business operates
and
on
providing
the granularity
that is useful
assurance
and
for
on
quality
management’s
risk and
of information
review
internal control
available
and control.
systems,
to the
This
but
group,
is a
more
and
process
importantly,
the complexity
which may
by acting
and
be cumbersome
as
user-friendliness
depending
a strategic partner.
of the
on
consolidation
the granularity
model
and
used
quality
by the
of information
finance team
available
to aggregate
to the
the
group,
data
and
and
the
pass
complexity
the consolidation
and user-friendliness
adjustments.
of the
consolidation
KPMG has the
model
right tool
used
for
by
your
the
consolidation
finance team to
needs.
aggregate the data and pass the consolidation adjustments.
The KPMG Internal has Audit the right function tool has for your become consolidation increasingly needs. important, as enterprises are driven to pay closer attention to improve
processes and controls whilst complying with a multitude of regulations. The above demonstrates how Executives are
viewing the strategic value of the Internal Audit function. Our Internal Audit team embraces key attributes to ensure that
we act a leading local internal audit service provider and continue to provide strategic value to our clientele.
IFRS compliant
IFRS compliant
Tried and tested
Tried and tested
Becoming a Trusted Business Advisor.
We are more than a compliance checker – we act as
trusted advisors to support senior management in
achieving organisational objectives.
Staying ahead of digital threats.
We rope in our IT advisory team in order to ensure
the risks and opportunities that our clients face are
properly assessed and strengthened.
Reduced time effort
Reduced time effort
Multi-sector
Multi-sector
Multi-currency
Multi-currency
Significant automation
Significant automation
Transparent Going beyond process traditional process-level Low audits. TCO
Transparent We acknowledge process organisational culture, behaviour Low TCOand
overall conduct as a significant factor impacting an
organisation’s success.
Flexible Assessing and our effectiveness. Written by accountants
We customisable
Flexible
track and
and
assess our own performance Written accountants
by and accountants
seek
feedback
customisable
from our clients to ensure we for continue accountants to
achieve our objectives.
For more information on the tool or to request a demo, contact the
To
For
learn
more
more
information
about how
on
we
the
can
tool
support
or to request
your strategic
a demo,
goals
contact
and
the
AAS Malta team by sending email on jonathandingli@kpmg.com.mt
maximise AAS Malta the team value by provided sending by an an email Internal on jonathandingli@kpmg.com.mt
Audit function send an
or georgesxuereb@kpmg.com.mt
email or georgesxuereb@kpmg.com.mt
to alexazzopardi@kpmg.com.mt or raisamizzi@kpmg.com.mt
Follow KPMG Malta:
Follow
Follow
KPMG
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Malta:
Malta:
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© 2018 KPMG, a Maltese Civil Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”),
a Swiss © 2018 entity. KPMG, All rights a Maltese reserved. Civil Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”),
© a Swiss 2018 KPMG, entity. a All Maltese rights reserved. Civil Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”),
a Swiss entity. All rights reserved.