Interim reporting in Malta : a survey

Abstract

The above statement exhibits the importance of continuous and regular financial reporting during the whole financial year, rather than just the compilation of annual accounts at the year-end. Various studies have been carried out on business environments similar to that found in Malta where a large proportion of firms are relatively "small". In comparison with foreign companies, the local companies (a substantial number of which are locally described as large) may be categorised as medium-sized or even small - in terms of capital invested and number of employees.