In the past, the work environment was characterized by rigidity, uncomfortable clothes, micro-management, and no time to go to the bathroom. Thankfully, we have been moving farther away from such a model, and we have been moving slowly to a more holistic view of wellbeing at work. It is essential to mention that for years, […]
Insurance is a term commonly understood by many, but how does it fit in the financial industry? What is the relation between insurance and accounting? The team of professionals at GCS Malta delve into the subject in our latest article. What is an insurance contract? An insurance contract is a contract under which one party […]
The Malta 2022 Budget Highlights were published on the 11th of October 2021. Click here to view a summary of the budget.
Marketing strategies are constantly evolving. In a world where advertisements and marketing strategies constantly bombard customers, companies need to be innovative and find ways to stand out from the rest. One way of doing this is through content marketing. The World-Wide-Web has given us easy access to all sorts of information, but have you ever […]
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 […]