As a Company reaches the end of its lifecycle it is trust into the dissolution process, the liquidator is responsible to ensure that the company is liquidated efficiently and effectively. The audit of the scheme of distribution is an important element of this liquidation process, this would cover the period from initial dissolution date to the winding up date.
Group of companies which do not avail of/do not fall under the exemption as a small group must carry out a consolidation exercise in line with the requirements of the Maltese Company’s Act. Assistance to this effect might include preparation or review of the consolidation workings. Similarly, the fiscal tax consolidation exercise might also require assistance or review, Capstone has a dedicated unit able to service clients in this sphere.
Assurance Engagements & Reviews
Assurance engagements and reviews in line with various standards and assurance level, may include but are not limited to negative assurance reports, System and Organization Controls Reports and other ad-hoc reports.
Due Diligence Reviews
Various instances whereby tailor-made assurance reports may be required, such as supporting reports for banking due diligence purposes. Worth mentioning are specific assurance reports on due diligence on Distributed Ledger Technology & Blockchain elements.
Assistance in adherence to reporting frameworks
Capstone’s experience in dealing with various international reporting frameworks allows the firm to provide assistance in reviewing Financial Statements to ensure adherence to reporting frameworks such as GAPSME and IFRS for both local and foreign registered entities.