40.00 Inc VAT

Wednesday 22 April 2020 | 14:00 (Europe/Malta)

Online Live Session

MIA Accreditation | 3 hours Core in terms of the Accountancy Board CPE Scheme.

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Through Legal Notice 289 of 2015, effective for financial reporting periods commencing on or after

1st January 2016, the General Accounting Principles for Small and Medium Entities (GAPSME) became the default financial reporting framework for small entities whose financial years begin on or after 1 January 2016. Medium-sized entities can also adopt GAPSME if they so wish. This course will outline the major features of GAPSME with respect to recognition, measurement and disclosures and its applicability to small and medium-sized entities. The main differences from IFRSs as adopted by the EU will also be discussed.

Aims and Objectives for the Course

  • Identify the entities and groups which qualify for reporting under GAPSME.
  • Understand the fundamental recognition and measurement concepts set out in GAPSME.
  • Identify the disclosures applicable to small and medium-sized entities.
  • Understand the main differences in recognition, measurement and disclosure from IFRS as adopted by the EU.


Paul Zammit 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. Paul currently lectures ACCA and ACA students.

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Event Details

Start date: 22/04/2020

Start time: 14:00

End time: 17:15

Venue: Online Live Session

Phone: +356 27555560 / +356 77555560