The in­ter­nal au­dit func­tion in iGam­ing com­pa­nies

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

The Malta Independent on Sunday - - BUSINESS & FINANCE -

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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