There is no doubt that Quick Response (QR) code has helped people in numerous ways. Rather than typing an entire URL with QR, people can simply scan the code and access the information they want much faster. The Audit team at GCS Malta discusses the benefits and pitfalls of QR code security in this article. […]
Companies should never underestimate the importance of compliance. Compliance ensures that all entities and businesses adhere to regulations to prevent money laundering. Money laundering is the process of the illegal movement of money to hide its illegal origin. The compliance professionals at GCS Malta discuss the importance of anti-money laundering (AML) compliance in this article. […]
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Battling a pandemic and an economic crisis has undoubtedly affected how we view work. As a result, HR’s role over the past few years has been challenging, especially with the emerging trend of quiet quitting and the phenomenon of the Great Resignation. In this article, the HR team at GCS Malta discusses the top 5 […]
The main scope of IAS 36 in accounting is that an asset must not be carried in the financial statements at more than the highest amount to be recovered through its use or sale. The asset is impaired if the carrying amount exceeds the recoverable amount. Therefore, the entity must reduce the asset’s carrying amount […]
Investments are assets held by enterprises to generate income through dividends, interest, capital appreciation, rentals, or other benefits. Auditors must design and perform the necessary procedures to reduce the risk of inappropriate classification or incorrect value of investments within the client’s books. The audit team at GCS Malta delves into auditing investments in this article. […]
What do you think of when you hear the word Christmas? Chocolate, presents, carolling, and holiday cheer. However, for marketers, Christmas is also an opportunity to outshine competitors with original and creative holiday content, keeping your audience engaged through the entire festive season. The innovative marketing team at GCS Malta outline 6 content marketing ideas […]
Christmas is around the corner, and with all the mouth-watering food, flowing drinks and presents buying—who is thinking about work? As early as mid-December, studies show that 60% of employees become mentally distracted during the festive season, resulting in a drop in productivity. So the HR team at GCS Malta have created a list of […]
Gone are the days when inventories and properties of companies are regarded as the most important to the business. Now, in this information age, data is considered the most valuable asset of an organisation. The IT Audit experts at GCS Malta discuss what to consider when creating a data retention policy. Data is collected and […]
Crypto assets are cryptographically secured digital representations of value that can be transferred, stored, or traded electronically. They use some form of distributed ledger technology, such as blockchain. The growing popularity of crypto assets means that owners and their tax advisors must be aware that tax authorities are also interested in these assets. The accountants […]