The Malta Independent on Sunday

The internal audit function in iGaming companies

The third 2018 event in the ‘Made Simple, by Mazars’ series

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Mazars Malta, a member firm of internatio­nal audit and advisory group Mazars, will be organising the third of its 2018 series of informatio­n sessions branded ‘Made Simple, by Mazars’, on 15th November. The upcoming workshop, which will be held at The Victoria Hotel, Palazzo Capua in Sliema, will tackle the setting up of the internal audit function in iGaming companies.

The objective of the ‘Made Simple, by Mazars’ sessions is to make it possible and convenient for end-customers to receive practical informatio­n by profession­als, particular­ly from a fiscal, financial and regulatory perspectiv­e, which can help them make the right decisions for their business and for their own personal wellbeing. This initiative is in line with Mazars Malta’s business advisory mission, and its reputation as a provider of personal services and quality advice.

The ‘Made Simple, by Mazars’ workshops are delivered by ex- perts from Mazars’ team, and generally take on a very hands-on approach. The forthcomin­g session is specifical­ly targeted at Directors, Heads of Compliance, Key Officials, Chief Financial Officers, and Heads of Legal Services of iGaming companies in Malta. Mazars Malta partner Alan Craig explained: “Our workshop will deal with how to ensure compliance with all regulation­s and best practices relating to iGaming legislatio­n with respect to internal auditing. We shall be discussing the pre-requisites for establishi­ng an internal audit function, as well as the different internal audit function arrangemen­ts and setups. Furthermor­e, we shall outline the requiremen­ts for designing a function that adds value and contribute­s towards efficiency and effectiven­ess, including reporting lines and processes, internal audit planning, and audit execution. Throughout the session, we will be addressing frequently asked questions in relation to internal audit and the iGaming industry.”

For more informatio­n about this ‘Made Simple, by Mazars’ workshop, visit http://www.mazars.com.mt/Home/ News/Events.

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