Do you have difficulty understanding how to account for your inventory? Our expert accountants are here to provide insight on accounting for inventorying by highlighting the IAS 2 Inventories standard. IAS 2 provides us with the definition of an inventory and what should and should not be included in the cost of an inventory at […]
The consumer we once knew is no longer a walk-in customer but has taken on different forms as they get accustomed to the rise of digital services due to the pandemic. With the increase in health and hygiene concerns and the economic recession and decline in consumption, people’s lives are changing rapidly. In the following […]
As tempting as it sounds like settling for the first applicant that fits your vacancy requirements, you may be missing out on a better prospect, which in turn will eventually be far more costly as you pay for it with employee turnover. Individuals are searching for roles that offer them challenges and opportunities and the […]
After the financial crisis in the first part of the 21st century, numerous regulatory and protection acts were enforced to assure individuals, investors, and the boards and management of organisations about such companies’ financial and operational integrity. As a result, individuals associate the term audit with external auditing teams of Certified Public Accountants tasked to […]
With the increase of popularity on networking and entrepreneurship, crowdfunding has become an essential key factor in the business world. Hence, it is crucial to understand what crowdfunding is and how it plays a part in business. The professionals at GCS Malta are here to outline all you need to know to understand what crowdfunding […]
Current time are changing, especially in the last year and offering medical and dental benefits are not enough to put your company ahead of the competition in the employee market. Offering additional benefits to your employees will also boost your employees’ peace of mind in a world of uncertainty. Following are a few benefits your […]
If your marketing goals are not linked to your business goals, has your company truly experienced success and growth? What are one million social media impressions and a viral video worth if your business goal is to achieve sales? Your marketing strategy needs to be in line with your business strategy, and this is where […]
The application process for candidates can be a long and tiring one, and most feel disheartened as 63% report of never receiving information on their application status. An individual’s experience and perception of your company is essential and should be highly valued. One bad experience or lack of information received from your company can have […]
When it comes to recruiting the best candidates for your team, the process can be stressful, when stressed, our focus shifts elsewhere that affect our skills and judgement in the recruitment process. Our recruiters at GCS Malta, are here to provide insightful tips on managing stress that will not interrupt your focus when on the […]
If you’re within the finance industry, you will have heard of the term IFRS15. And for those who are not familiar with the name, what is IFRS15? The word itself may be perceived as complicated or daunting, but our Accounting experts at GCS Malta are here to break it down for you in our latest […]