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M21088 - Advanced GAPSME: Practical Scenarios - 3 Sessions Package (Online)

  • 23 Nov 2021
  • 29 Nov 2021
  • 3 sessions
  • 23 Nov 2021, 13:30 16:45 (CET)
  • 24 Nov 2021, 13:30 16:45 (CET)
  • 29 Nov 2021, 13:30 16:45 (CET)
  • Online Webinar


Registration is closed
Registration Time:13:15
Sessions Time: 13:30 - 16:45
Speaker: Mr John Debattista and Mr. Paul Zammit
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €115.00
Non-MIA Members: €220.00
Retired Members: €55.00
Students: €85.00

Background Information

Local small and medium-sized companies are allowed to apply simplified accounting regulations (General Accounting Principles for Small and Medium-Sized Entities, commonly referred to as GAPSME), rather than International Financial Reporting Standards (IFRS), for accounting periods commencing on or after 1 January 2016.


This 9-hour seminar, split over three sessions, aims to provide attendees with a practical understanding of the applicability and application of General Accounting Principles for Small and Medium-Sized Entities (GAPSME). All sections included in the legislation, with the exception of consolidation techniques, will be covered. Any relevant differences between IFRS and GAPSME shall also be pointed out as we cruise through the different topics. Numerous examples are expected to support the attendees’ understanding. The session will not cover the applicability of GAPSME.

Topics on the agenda

2.Property, Plant and Equipment
3.Investment Property
4.Financial Assets, Financial Liabilities and Equity
5.Investments in Subsidiaries, Associates and Joint Ventures
6.Intangible Assets other than Goodwill
7.Impairment of Assets
8.Government Grants
11.Income Taxes
12.Provisions and Contingencies
13.Foreign Currency Translation
14.Post Balance Sheet Events
15.Related Party Disclosures
16.Discontinued Operations and Assets Held For Sale


The training course is specifically targeted to accounting professionals and students, especially those who are pursuing or intend to pursue a career in audit or financial reporting


John Debattista is a Certified Public Accountant and Registered Auditor. John is one of the founding partners at Zampa Debattista and heads the Audit and Assurance function and the firm’s IFRS Advisory Technical team.
John lectures the Corporate modules at the final stages of the ACCA and ACA course for the ICAEW, Institute Chartered of Accountants for England and Wales. John is also a speaker in various audit and accounting seminars delivered by a number of institutes in Malta. He also lectures the Diploma in IFRS (DipIFR).
John sits on a number of MIA committees namely, the audit, financial reporting and SMP committees.
Paul Zammit joined Zampa Debattista in January 2017. Paul graduated from the University of Malta after completing the Bachelor of Accountancy (Honours) Degree in 2008. Paul commenced his career in audit and switched to accountancy in 2012. He spent most of his time in accountancy managing a portfolio of international clientele, before joining Zampa Debattista’s accounts department in 2017. After a few months, Paul decided to accept the internal opportunity to specialise in technical matters and increase his proficiency in reporting standards. Paul is currently involved in technical accounting and advisory assignments, whilst training and assisting internal staff and external people on IFRS technical matters. 


9 Hours Core 


Terms and conditions  apply


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