Also referred to as financial statement assertions or management assertions, audit assertions are used to establish the accuracy of financial statements. Auditors implement tests while performing audits to confirm the validity of these assertions. Our team of expert auditors at GCS Malta outline 8 audit assertions in this article. Audit Assertions Existence The existence assertion […]
Every designer has their own personal list of where they get their resources, be it for images, mockups, font libraries, etc. The marketing team at GCS Malta have compiled an extensive list of resources for you to explore and make use of. Image & Video Burst Coverr Depositphotos cc GIFMaker Giphy Life of Vids Mazwai […]
Pre-employment tests have become more popular since it is a great way to filter large applicant pools and reduce employee turnover costs. By implementing pre-employment tests in your hiring process, you are essentially measuring the likelihood of a candidate’s success in that role. A pre-employment test consists of a series of questions chosen to test […]
As mentioned in our previous article, IFRS 9 specifies how an entity should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items. IFRS 9 is effective for annual periods beginning or after 1 January 2018, with early application permitted. The accounting team at GCS Malta discuss IFRS 9 […]
The accounting term going concern refers to the assumption that an entity will continue its operations for the foreseeable future. General purpose financial statements are prepared using the going concern basis of accounting unless management either intends to liquidate the entity or cease operations or has no realistic alternative but to do so (ISA 570.2). […]
Graphic design has been around for many years and evolved into many different specifications within the same field over time. The marketing team at GCS Malta has outlined seven types of graphic design in this article. Visual Identity Design Visual identity includes the visual elements of branding, making a brand recognisable through images, shapes and […]
In another article focusing on Gen Z in the workplace, the Recruitment team at GCS Malta highlighted how important it is to cater to and craft a successful internal communications strategy that appeals to all the different generations in the workforce. Internal communications are how a company interacts with its people, and a whopping 44% […]
IFRS 9 is effective for annual periods beginning or after 1 January 2018, with early application permitted. In accounting, IFRS 9 specifies how an entity should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items. IFRS 9 requires an entity to recognise a financial asset or a financial […]
Despite the conveniences of teleworking, some employees still prefer to work onsite. A report from Eurofound states that 73% of those whose jobs provide hybrid work setups, and 33% of those whose jobs are entirely teleworkable, never work remotely. In another report, The Malta Employers’ Association states that despite the recent spike in remote work, […]
One of the security challenges that organisations face in compliance is how to protect their data, especially when employees access company servers outside the organisation’s premises. Since the COVID-19 pandemic, most employees have been working from home, so more organisations need to invest in technology that will provide them with the most benefits regarding the […]