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M22096 -The financial statements of an iGaming entity – what to look for (Online)

  • 18 Oct 2022
  • 09:15 - 12:30
  • Online Webinar

Registration


Registration is closed
Registration Time: 09:00
Sessions Time: 09:15 - 12:30
Speaker: Mr Mark Dalli
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The session will discuss the main contents and disclosures of financial statements prepared for entities engaged in iGaming and related activities, prepared in accordance with International Financial Reporting Standards as adopted by the EU. The discussion will also look at additional specific requirements for such entities which hold a gaming license issued by the Malta Gaming Authority, particularly the regulations arising from the Gaming Authorisation and Compliance Directive (Articles 40 and 41). The session will also look at the independent auditors’ report and its contents. In this respect, participants will be provided with several examples of auditors’ reports containing modifications. The implications of such modifications will also be discussed.

Specific topics to be covered during the session

  • Brief overview about the iGaming industry – key statistics
  • Overview of the Maltese Companies’ Act requirements, and other regulations applicable to the preparation of financial statements of iGaming entities
  • A typical Statement of Financial Position for an iGaming entity, and related underlying disclosures
  • A typical Statement of Profit or Loss and Other Comprehensive income for an iGaming entity, and related underlying disclosures
  • Other important disclosures
  • The Independent Auditors’ Report
  • Other reporting requirements for licensed operators.

Target Audience

This session is particularly suited for accounting professionals working in or aspiring to work within the finance functions of iGaming entities. Accounting and other professionals working in other industries that service the iGaming industry and/or make use of the financial statements of such entities will also find this course useful.

    Speaker's Profile

    Mark Dalli joined KPMG in 2009 upon graduating with a Bachelor of Accountancy (Hons) degree from the University of Malta.
    Mark has participated in the audits of iGaming entities and groups for over eleven years. As the industry developed, Mark has been a pioneer in the establishment of a core group of professionals who specialise in servicing the iGaming sector. Through the assistance of a specialised group of audit professionals, he now services several clients operating in the iGaming and Technology spheres, particularly, developers and providers of iGaming platforms, other software and games developers, online and land-based game providers, as well of other entities involved in the digital and affiliate marketing space.

    EVENT CPE COMPETENCES


    3 Hours Core


    WEBINARS TERMS AND CONDITIONS


    Terms and conditions  apply

    DISCLAIMER

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    Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use
                   

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