Zampa Debattista was founded as a specialised consultancy, with Financial Reporting being one of its two core services.
John Debattista, its co-founding Partner, is a seasoned Financial Reporting Specialist with a demonstrated history of handling complex IFRS cases in Malta and beyond, since 2008.
We specialise in providing solutions related to International Financial Reporting Standards (IFRS) matters, both from a compliance, advisory and training point of view.
Our specialisation also extends to GAPSME – the reporting framework popular amongst eligible small and medium Maltese companies.
GAPSME is the default accounting framework in Malta. Companies not eligible to apply GAPSME need to resort to IFRS, which is more onerous, but is used in many countries worldwide. Companies also have the option to report to shareholders under IFRS.
It also needs to be considered that certain Malta companies meet the definition of a ‘parent company’ under the Companies Act. Frequently, such companies need to consolidate. When consolidation is required under IFRS or GAPSME, all group companies, including foreign operations, need to prepare consolidated accounts.
