Tax and Finance

For a person to practise the profession of accountant, s/he must be a warrant holder. The person shall qualify only if:
i) Is of good conduct and repute.
ii) Is of full legal capacity.
iii) Has either successfully completed the course leading to the award of the professional accountancy degree organised by the University of Malta or attained university entrance or equivalent level, then completed a course of theoretical instruction recognised by the Board. In each case the courses referred to shall cover such subjects at such levels as may be prescribed.
iv) Unless covered in the courses referred to in (iii), has passed an examination, part or all of which must be in writing, of professional competence of university final or equivalent examination level, recognised or set by the Board for that purpose. Where a person has completed a course of theoretical instruction and passed an examination of professional competence of university final or equivalent examination level relating to the accountancy profession and recognised by the Board but which did not cover all the subjects prescribed, the Board may accept such qualification after such person shall have passed such examination or examinations in local laws and in those other subjects as the Board may determine according to the particular circumstances.
v) Satisfies the Board that he has adequate experience in the practice of accountancy for an aggregate period of 3 years, of which an equivalent of at least 1 year’s experience shall be gained after he has obtained the academic qualifications stipulated in (c). Article 7(1) of the Accountancy Profession Act Regulations sets out that the course of theoretical instruction referred to in Article 3(2)(c) in the Accountancy Profession Act shall cover the following subjects in particular:
a) General accounting theory and principles;
b) Legal requirements and standards relating to the preparation of annual consolidated accounts;
c) International accounting standards;
d) Financial analysis;
e) Cost and management accounting.
vi) Risk management and internal control.
vii) Tax law.
viii) Auditing and professional skills.
ix) Legal requirements and professional standards relating to accountants, auditors and the statutory audit.
x) International auditing standards.
xi) Professional ethics and independence.

Fill in the online form and submit.

Together with:
i) Academic accountancy qualification.
ii) Recent police conduct certificate.
iii) Together with this documentation they are required to summit a fee of €25.00.
iv) A receipt is then issued to the applicant.

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