Auditors in Malta
Find a warranted auditor for your company's yearly statutory audit, or for an audit that a bank, a grant scheme or a buyer has asked you for.
Tminta lists 4 auditors in Malta. Compare them below, then contact them direct. There are no fees.
- 4
- auditors listed
- Free
- to contact, no fees
NM Group
Accounting services in Malta
Stands out for a phone number you can call, their own website, a detailed profile.
Accounting firm handling bookkeeping, tax, payroll and administration
Accountancy firm offering bookkeeping, tax, payroll and audit services
Certified public accountant for bookkeeping, tax, payroll and audit
About auditors in Malta
An auditor gives an independent opinion on financial statements that someone else has prepared. That is the key difference from your accountant: the auditor checks the accounts and should not be the person who wrote them up. Maltese companies appoint an auditor at the general meeting where the annual accounts are laid, and the audit report is filed with the accounts.
Most audit work here is the annual statutory audit of a limited company. Auditors are also asked to audit grant-funded projects, report for a bank before a loan, review figures before shares are sold, and check the books of associations or foundations. Internal audit is a separate service: it tests your controls and processes for your own board, not for the Registrar.
Audit fees depend on the size and complexity of the company, how many transactions and bank accounts it has, stock, related companies and how ready the books are when fieldwork starts. Missing invoices and unreconciled accounts mean more hours. Ask for an engagement letter that sets out the scope, what you must provide and the timetable to the signed report.
What you can hire them for
- Annual statutory audit of a limited company
- First audit after incorporation
- Audit of a grant-funded project
- Audit report requested by a bank
- Audit of a holding company and its subsidiaries
- Review before selling shares in a company
- Audit of an association or foundation
- Internal audit of controls and processes
- Change of auditor after a resignation
What to ask before you hire
- 1
Do you hold a practising certificate in auditing, and is it shown on the Accountancy Board's register?
- 2
Who will sign the audit report, and who will do the fieldwork?
- 3
What do you need from us before you start, and by which date?
- 4
Is the fee fixed, or will extra hours be billed if our records are not ready?
- 5
Does your firm also prepare our accounts or tax, and how do you keep the audit independent?
- 6
When will we have the signed report, so the accounts can be filed on time?
Good to know in Malta
- Under the Accountancy Profession Act (Cap. 281), an accountancy warrant holder may also hold practising certificates for specific fields, including auditing, and may not practise in those fields without the relevant certificate. Source
- Only holders of a practising certificate in auditing may use the title certified public accountant and auditor or the abbreviation CPAA, or present themselves as entitled to act as auditor in Malta. Doing so without it is an offence. Source
- The Accountancy Board keeps a register of warrant holders, practising certificate holders and audit firms, including suspended and withdrawn certificates, and makes it available electronically through its website. Source
- Under the Companies Act (Cap. 386), a company appoints an auditor at each general meeting at which its annual accounts are laid, and the directors file the accounts with the auditors' report and directors' report at the Registrar. Source
- When a company appoints its first auditor, or a new auditor after a resignation or removal, it must notify the Registrar of the auditor's name and warrant registration number. Source
Questions
How much does an audit cost in Malta?
There is no standard fee. Auditors price on the hours they expect, so company size, the number of transactions, stock counts, foreign currency, related companies and the state of your books all count. Clean, reconciled records are quicker to audit. Ask two or three firms to quote from the same trial balance and the same deadline, so the fees are comparable.
How do I check an auditor's warrant in Malta?
Ask for the auditor's full name and warrant number, then look them up on the Accountancy Board's register, which lists warrant holders, practising certificate holders and audit firms. The person signing your audit needs a practising certificate in auditing, not only an accountancy warrant. The register also records suspended and withdrawn certificates, so check it rather than relying on a letterhead.
Can my accountant also be my auditor?
Be careful here. An audit is meant to be an independent check, so the firm that keeps your books and prepares your accounts is not the natural choice to audit them. Many small companies use one firm for accounts and tax and a different one for the audit. Ask any auditor how they protect their independence if they already do other work for you.
What is the difference between an external and an internal auditor?
An external auditor gives an opinion on your annual financial statements, and that report is filed with the accounts. An internal auditor works for management or the board, testing controls, processes and risks inside the business. A small company normally only deals with the external audit. Larger or regulated businesses may use both, from separate providers.
How many auditors are there in Malta?
Tminta lists 4 auditors in Malta right now, and new ones join every month. Each page shows how to contact them.
How do I contact a auditor in Malta?
Open a profile and call, message, email or visit their website. You contact them direct, and there are no fees.
Can I see their work before I get in touch?
Yes. Open a profile to see photos of their work, links to their pages and reviews from customers.
Does Tminta charge a fee?
No. Searching and contacting auditors on Tminta is free. You deal with them direct.
I am a auditor. How do I get listed?
Add your business for free on the "List your business" page. If you are already listed, open your page and claim it to update your details.