External Audit Reviewers Course

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Fee €350
Register Here

1st July 2025

Starting Date

15.00 - 18.00 (Sessions on the 17th and 22nd July will be held from 9:00 - 12:00)

Time

27 hours

Duration

Online via Zoom

Location

About the Course

This course is mainly intended for accountants who have a practicing certificate in auditing with the Accountancy Board and who wish to obtain recognition from the Accountancy Board to practice on a freelance basis, as official external audit reviewers of audit practitioners in Malta.

The course will cover IFRS, IASs, ISAs and a proper understanding of the regulatory framework governing quality assurance and audit public oversight. There will also be two sessions dealing with the quality assurance methodology to be used during external audit compliance reviews.

Prospective candidates who successfully complete the course and satisfy the Accountancy Board’s selection criteria will be eligible to conduct audit compliance reviews and audit file reviews of audit firms and sole practitioners on requests made to such audit practitioners by the Accountancy Board.

Other participants are expected to gain invaluable experience and skills to deliver quality audits based on applicable ISAs, ISQC1, better application of IFRS, and a deeper understanding of the regulatory framework concerning statutory audits –including ethics and other Accountancy Profession Act regulatory requirements.

Course Trainers

Ms Karen Sultana is Head of the Accountancy Board’s Quality Assurance Unit within the Ministry for Finance & Employment. She is a certified public accountant and holds a practicing certificate in auditing with the Accountancy Board. She is also a fellow of the Malta Institute of Accountants. She received the Bachelor of Commerce degree and the Bachelor of Accountancy (Hons) degree from the University of Malta. She has worked for a number of years in audit with one of the big four audit firms both locally and abroad. Since 2006, she has been actively involved in quality assurance. She also assists the Accountancy Board in a number of regulatory matters.
Prof Peter J. Baldacchino is Professor in accountancy in the Department of Accountancy at the Faculty of Economics, Management and Accountancy, University of Malta. He specializes in auditing, corporate governance and financial strategy including the implications thereon of state smallness and has published in various related international journals. He is also a Central Bank of Malta director, a Maltese Accountancy Board member, and a Director of the Maltese University’s Group of Companies. He has extensive experience in the governance of large Maltese organizations including listed groups and cooperatives, with chairmanships and memberships of various Board sub-committees in such entities.
Prof Grima is the Deputy Dean of the Faculty of Economics, Management and Accountancy and the Head of the Department of Insurance and Risk Management. He is also a Professor at the University of Latvia, Faculty of Business, Management and Economics and a visiting Professor at UNICATT Milan. He has over 30 years of experience in various fields, including financial services, academia, and public entities. Simon has served as President of the Malta Association of Risk Management and Compliance Officers, and is the chairman of the Scientific Education Committee of the Public Risk Management Organization and the Federation of European Risk Managers.
Dr Ivan Sammut graduated Doctor of Laws from the University of Malta in November 1993 and Master of Arts in Financial Services in 2001. Dr. Sammut obtained a Diploma in Business Law and Accounting from the University of Malta in 1987. Dr. Sammut has worked in the banking and financial services industry for most of his career. Dr. Sammut is legal consultant to the Ministry for Finance and Employment and to the Accountancy Board. He was responsible for the transposition into Maltese law of various accounting and auditing related European Union Directives. Dr. Sammut is a visiting lecturer at the Faculty of Economics, Management and Accounting at the University of Malta.
Mr Agius assists clients operating in diverse industries with the preparation of separate and consolidated financial statements in accordance with IFRS or GAPSME. His areas of expertise include IFRS consolidations and the implementation of recently issued standards such as IFRS 16 Leases and IFRS 17 Insurance Contracts. Eldon also delivers training sessions on IFRS 16 and IFRS 17 as well as GAPSME to his colleagues and to his clients.
Mr Bugeja is a certified public accountant specialising in International Financial Reporting Standards (IFRS) with a primary focus on serving insurance and financial services clients, both locally and across the KPMG network. He is actively involved in providing a wide range of accounting advisory services to his clients, including technical advice and training.
Mr Emerson Zammit joined KPMG during 2018 after completing the Master in Accountancy Degree at the University of Malta. He holds the role of a Manager within the firm’s Corporate Accounting Advisory Services team and has assisted a wide range of clients across different industries with complex financial reporting matters and other tailor-made solutions in compliance with IFRS. Mr Zammit delivers technical training to both local and international clients on financial reporting matters.
Mr Farrugia is an auditor and an external quality control reviewer recognised by the Accountancy Board of Malta. He holds a Bachelor of Accountancy (Hons) from the University of Malta and an MBA from Henley Management College, University of Brunel in the United Kingdom. Renzo gained significant experience working with one of the “Big Four” audit firms and later with various government entities, where he has held several prominent management positions within the public sector. As the sole principal of Compass Malta, Renzo provides independent external reviews and technical support to auditors. His areas of expertise encompass International Standards on Auditing, international quality management standards, and conducting quality reviews of audit practices. He has also contributed to academia as a lecturer in auditing at the Malta Institute of Accountants and the University of Malta, sharing his extensive knowledge with future professionals in the field.
Ms Pisani gained extensive experience at a mid-tier audit firm during her studies and following the completion of her Master in Accountancy in 2023. Towards the end of that year, she joined Deloitte, where she further developed her expertise in auditing and accounting for service firms, manufacturing companies, and local banks. Since 2023, she has also been lecturing third-year Bachelor of Commerce students at the University of Malta. Her combined academic engagement and professional experience reflect a strong commitment to the accounting profession and the development of future practitioners.

Contact Details

trainingservices@muhc.com.mt
21240746
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