A strategic audit plan is crucial for a business, no matter the size, be it a small or large organisation. When developing a strategic audit plan, there are various steps one should consider. The auditors at GCS Malta outline these steps in the following article. Keep lines of communication open. Communication is vital to developing […]
Does the thought of a social media crisis frighten you? Does your company push it to the side and learn how to deal with it when the time comes? Having a planned strategy and a team with a can-do spirit can manage any crisis, even an online one. Our marketers at GCS Malta delve into […]
10th September is World Suicide Prevention Day, and here at GCS Malta, we want to shed some light on mental wellbeing at the workplace with the help of the professionals at the Richmond Foundation. When one struggles in their personal life, those signs of struggle likely make their way into their work-life. An employee will […]
Most likely, you have heard of the term derivatives at least once. Many articles across the media criticize or appreciate derivatives. The talk is originated from the shockingly large numbers behind such contracts. It is often said that the total amount of derivatives contracts globally is significant than the total amount of money available in […]
In the past couple of years, diversity and equality have been brought to the forefront across the globe. It has forced governments and companies alike to start thinking of ensuring diversity and inclusivity in the workplace. Of course, some might argue that it’s easy; hire people from minority groups. But is it that easy? Indeed, […]
As we’ve seen in previous articles, the pandemic has affected us in many ways. However, specific challenges rose, especially with FASB’s new revenue recognition standard for auditing. These dual challenges are for auditors of private company financial statements. “The standard itself requires numerous new judgments, estimates, and disclosures requiring close auditor attention to some of […]
Our previous article briefly discussed the importance of adding evergreen content to your marketing content strategy. But what is evergreen content? And how can you utilise it? Our marketers at GCS Malta delve in deeper on evergreen content in the following article. What is evergreen content? Firstly, before we use such content, we need […]
When it comes to accounting, many question the objectives due to a lack of understanding of the scope of accounting. However, every transaction carried out by a business is done for a reason, and accounting is no exception. The professional accountants at GCS Malta list objectives of how accounting helps the company obtain in the […]
Now more than ever, embracing a positive culture within your company is essential. A positive culture will determine your reputation for years to come. Your employees’ wellness needs to be at the centrepiece of decision-making and strategies. Our Human Resources team of professionals outline a few practical tips to maintain balance and boost productivity amongst […]
In December 2020, during the AICPA Conference on Current SEC and PCAOB Development, thought on audit best practices were discussed. By paying close attention to the impacts of a disrupted year. Our auditing team at GCS Malta are here to outline a few highlights that were discussed. Comply with standards in procedures and documentation. PCAOB’s […]