The IASB and FASB met in April to discuss leasing. They reached a number of converged decisions.

Increasing competition, rather than accessibility, has become the biggest concern for retailers over the last six months. 23% of the retailers who participated in the second market barometer conducted by PwC during the third week of September acknowledged that competition, including the effect of online sales, is trimming their margins.

On the 9th October 2017, Minister for Finance Edward Scicluna delivered the Budget speech to the House of Representatives.

PwC Malta is releasing the fourth edition of its property barometer which analyses the current local sentiment towards local real estate demand preferences and key trends.

PwC Malta has recently organised a series of technology-related events aimed at giving more prominence to the various challenges business leaders face in undertaking digital transformation initiatives.

The Financial Stability Board led the surge of shadow banking recommendations in November, which we summarise in this month’s feature article.

Illustrative corporate consolidated financial statements 2012 provides a realistic set of financial statements for a corporate entity, based on the requirements of IFRS standards and interpretations for financial years beginning on or after 1 January 2012.

The rise of the digital consumer and the high-cost infrastructure of physical banking locations are leading to a declining ROI for branches, but by evolving the branch network, the future may prove to be beneficial both for the banks and consumers.

Breakfast briefing in London organised by the Malta High Commission and introduced by H.E Joseph Zammit Tabona High Commissioner of Malta to the Court of St James’s.

Special Envoy for Investment Promotion Mr Joseph Zammit Tabona has been appointed to chair the newly set up Malta-UK Business Promotion Taskforce which will be responsible for business promotion of Malta within the UK.

Computime and PwC Digital Services announced today a strategic collaboration aimed at bringing Artificial Intelligence (AI) solutions to the market.

Many insurance companies are in the process of finalising their first set of annual financial statements applying IFRS 17 ‘Insurance contracts' for their 2023 reports.

PwC Malta, in collaboration with FinanceMalta, has carried out the first local Financial Services Survey.

This pocket guide provides a summary of the recognition and measurement requirements in the Accountancy Profession (General Accounting Principles for Smaller Entities) Regulations, 2009 ("GAPSE"), that was enacted through Legal Notice 51 of 2009, and subsequently amended through Legal Notice 58 of 2010.

Maltese legislation allows the setting up of pension schemes towards which individual members can voluntarily make contributions with the intention of deriving benefits.

The Government of the United Kingdom has recently announced an agreement with France, Germany, Italy and Spain to develop and pilot multilateral tax information exchange arrangements.

An amendment has been made to the Maltese Transfer Pricing Rules ("TP Rules") whereby a sunset clause to the grandfathering provision has been introduced.

The foreign exchange legislation in Venezuela moved into a new phase early this year.

A discussion on the importance of the ORSA process.

The United States and Malta announced on 16 December 2013 that they have signed an Intergovernmental Agreement to improve international tax compliance and to implement the U.S. Foreign Account Tax Compliance Act.