The Next Era

Assurance

PwC Malta Annual Review 2025

Bernard Attard

"At PwC, our clients are at the heart of everything we do. For this reason, we believe that understanding their unique challenges and aspirations is key to delivering meaningful results. By placing client needs at the forefront, we tailor our approach to ensure every service we develop, each solution we provide and the technology we deploy are as distinctive as the organisations we serve. This commitment to client centricity drives us to build lasting relationships, fostering trust and transparency in every interaction."

Fabio Axisa, Head of Assurance

Assurance is at the core of our vision at PwC Malta. We're committed to building trust in society and addressing significant challenges. By being transparent we enhance confidence, clarity, and insights that solidify the bonds we form with clients and stakeholders. We leverage deep expertise, technology, and professional judgement to support our clients in making well-informed decisions.

Client-focused assurance

Our clients are at the heart of everything we do. Their evolving needs and challenges shape how we work, the services we develop, and the technology we deploy. To our firm and our assurance practice every engagement is an opportunity to deliver value - going beyond the audit itself, to help organisations strengthen governance, adapt business models, understand business risks, and unveil new opportunities.

In FY25, we continued investing in understanding our clients’ businesses more deeply, building trusted and meaningful relationships based on clear communication, and providing insights. This focus on client centricity allows us to tailor our approach, ensuring our services and solutions are as unique as the clients and organisations we serve.

Our people and capabilities

Delivering top-tier assurance at scale demands a diverse team with the right skills and mindset, supported by the right tools. The firm’s assurance practice continued to grow in a diversified manner, bringing together professionals with a wide range of skills - from financial reporting to data science and technology. We plan to continue growing our assurance practice in a steady but sustainable manner, focusing on continuously enhancing the size and breadth of our team. In FY25, we invested 21,732 hours in continuous learning and development to ensure our assurance teams remain well-versed in the latest technical, analytical, and digital capabilities.

This ongoing investment nurtures a culture of curiosity, accountability, and collaboration, ensuring our teams are ready to deliver excellence while adapting to our clients’ evolving needs and those of regulators.

Technology and transformation

Technology is at the heart of our transformation process. It enhances the quality of our audits, strengthens collegiality, and provides deeper insights into our clients’ business models. Our Next Generation Audit (NGA) platform will combine deep technical expertise with advanced analytics and artificial intelligence to deliver a more responsive, insightful, and value-driven audit experience. NGA will enable our auditors to focus on what matters most - applying professional scepticism, identifying risks early, and delivering insights that inform better business decisions.

reporting systems

Quality as our standard

The foundation of our Assurance practice will always comprise quality fundamentally. It is also an important yardstick by which we measure our success. Our System of Quality Management (SoQM) continues to underpin our vision, ensuring that every engagement meets the highest professional and ethical standards. We regularly review and enhance our internal controls, policies, and procedures to maintain reliability, consistency, and accountability. These efforts are supported by ongoing monitoring, peer reviews, and investments in digital tools that strengthen audit quality.

Our commitment to quality is reflected in our independence and objectivity. These principles support every aspect of our work, ensuring that we deliver services and insights that are not only reliable but trusted and actionable.

Sustainability and responsible business

As a firm, we also recognise that our responsibilities extend beyond our engagements. Our sustainability agenda reflects our belief that lasting success is built on responsible actions - for our people, our clients, our communities, and our planet. Our net zero ambition remains a core focus in this respect.

Looking ahead

Our strategic vision is to continue investing in the capabilities, technology, and culture that will define the assurance practice of tomorrow - one that is digital, data-driven, and deeply human, with significant focus on meaningful relationships and incessant communication.

Our continued success depends on staying true to our purpose and to the values that guide us: making a difference in every opportunity, empowering our people to achieve their full potential, and acting with values and integrity.

Together with our clients and stakeholders, we'll continue to strengthen confidence in the business environment and marketplace, support sustainable growth, and shape a future built on loyalty, transparency and trust.

Contact us

Fabio Axisa

Fabio Axisa

Head of Assurance, PwC Malta

Tel: +356 2564 7191

Follow us