If the word “audit” makes your shoulders creep toward your ears, breathe. We’re not here with magnifying glasses and trench coats.
We’re here to make sure your numbers tell the truth—and to leave your business a little stronger than we found it.

Quick heads-up
This guide walks you through the whole audit journey—planning, fieldwork, and reporting—plus a simple prep list, how we test, realistic timelines,
and how to turn recommendations into quick wins. No jargon, just plain-English steps you can act on (and you can skip to the bits you need).

Planning (the kick-off).
We learn how you sell, buy, pay people, and keep records. We agree a timetable, share a prep list, and flag the “spicy” areas early.
No jump scares—you’ll know what we’re testing and why.

Fieldwork (the doing).
On-site, remote, or a mix. We sample invoices, check bank recs, look at payroll, stock, and year-end journals, and ask “show me” questions like: “
How does a sale become cash?” and “Who signs this off?” We travel light (laptops, curiosity) and explain every request in plain English or Maltese.

Reporting (the wrap-up).
We walk you through the findings, propose any adjustments, and issue the audit opinion.
You’ll also get practical recommendations: fixes that reduce risk, save time, and make next year easier.

Since a little prep goes far we suggest that you pull these together before we kick off the process:

• Trial balance, general ledger, last year’s financials
• Bank statements with reconciliations
• Sales/purchase invoices and credit notes
• Debtors/creditors listings and reconciliations
• Payroll reports and tax filings
• Fixed asset register and inventory list
• Major contracts, leases, and loan agreements
• VAT/tax computations and any correspondence
• Related-party info and board minutes

No perfect files? Don’t panic.
Tell us what’s tricky; we’ll prioritise with you.

How we test (and what we’re looking for)

We start where errors or fraud are most likely to sneak in. We test controls (approvals, segregation of duties, reconciliations) and the numbers themselves (samples, third-party confirmations, cut-off checks, valuations). We run simple trend and ratio analysis, too—if something smells odd, we check the fridge.

Timelines you can plan around

Every business is different, but a typical SME audit runs like this:

• Planning & requests: 1–2 weeks
• Fieldwork: 3–7 working days
• Reporting: 1–2 weeks

Fast replies to queries = a faster, calmer audit.

Queries, sanity, and turning advice into action

If a request feels heavy, say so. We can phase it, explain the “why,” or suggest an easier format. After the audit, pick 2–3 quick wins (monthly bank recs, clearer revenue cut-off, tighter access controls), give each an owner and a date, and watch the benefits show up.

We support companies, enterprises and other organisations with: Statutory Audits, Audits of Fiscal Units, Assistance with the Preparation of Financial Statements, Assistance with Company Dissolution, Liquidation Audits and Scheme of Distribution, Expert’s Report for Non-Cash Consideration (Section 73 Report), Assistance with Share Transfers, Compilation of Tax Returns and Tax Refund Claim Forms, Shareholder Registration for Tax Purposes, and Compilation of Dividend Warrants.

Want an audit that’s calm, clear, and useful?
Get in touch: (+356) 2776 3114 • (+356) 9987 3855 • elvira.tabone@experia-malta.com • (+356) 9982 9804 • christienne.spiteri@experia-malta.com